Give students data to assess colleges' value

Stefanie Botelho's picture

When President Obama proposed a pilot program to reimburse doctors and hospitals based on the quality of care they provide, rather than the quantity, many of his supporters lauded the effort.

But now that he is proposing something similar in higher education, some of his backers are crying foul.

In its efforts to control surging college costs, the Obama administration wants to rate colleges on metrics such as how much they cost, how many of their students graduate, how long they take to graduate, and how much money graduates earn once they're in the workforce.

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