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College Scorecard Case Study

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In a push for education equality and against exploitation by for-profit colleges, the Obama administration has unveiled a "College Scorecard" highlighting schools with the biggest bang for your buck.

The end-product of a two-year investigation of 7,000 institutions of higher education, the College Scorecard differs from other university ranking systems by comparing college costs to graduation rates, loan repayment rates, and average post-graduate salaries. The resulting college search engine tool, available at collegescorecard.ed.gov, encourages recipients of Pell grants and student loans to apply to schools with high graduation rates and post-graduate salaries.

The Obama administration is also sharing the data it found with major college …show more content…

One of the purposes of College Scorecard is to make prospective students as business-minded as these colleges: if schools only care about their bottom line, then students deserve to be able to use the same logic, choosing a school based on how likely they are to graduate from it and find a well-paid job, based on how much they have to pay for it.

Obama's Dream, Partially Realized

Obama first announced this plan two years ago. But back then, it was more ambitious: not only would it rank all 7,000 schools based on their "worth" from a student perspective, but it would even penalize high-cost, low-reward universities and for-profit colleges by restricting their access to Pell grants and Federal student loans, shifting these benefits to more "worth-it" schools. The idea was that taxpayers should not be subsidizing tuition that profits institutions more than students.

The idea garnered scathing criticism. Much of it came from presidents of the very high-cost universities and for-profit schools who would have been penalized by the program. They paid to lobby against the plan and save their backs. They seem to have

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