Universities look for new ways to rank themselves

Tim Goral's picture

President Barack Obama wants Washington to grade colleges and universities based on their costs and success rates, but some people are already way ahead of him.

At a time when students and their families are demanding to know what they’re getting for their mounting investments in higher education, several foundations and research centers already are working on new ways to show them.

Some schools – reasoning that it’s better to come up with their own ratings than have them imposed by someone else – are even quietly developing new ways to gauge what graduates learn and earn, though many remain reluctant so far to make the results public.

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