- Posted May 26, 2014 by
Lawmakers Consider A Rating System For Colleges
The federal government has plans to implement a new rating system to help students compare the pros and cons of each institution. Lists of college rankings are published by various private companies but this will be the first time that such a list will be compiled by the government. Lawmakers want colleges that receive federal funding to prove their worthiness.
The rating system will compare factors such as graduation percentage, debt accumulation and salary after graduation. The plan is to reward higher rated schools with more funding and financial aid. Federal officials hope that the program will encourage colleges to make tuition more affordable. Schools will not be ranked numerically but instead with scores like “good” or “fair”.
Critics of the program argue that a system like this will place more emphasis on salary potential versus academics and the intangible benefits of a university education. Colleges with large liberal arts programs and a larger percentage of students who major in english, history and social sciences will be rated lower since these fields of study generally don't lead to lucrative jobs. Critics are also concerned with incomplete salary information from graduating students since this information may be difficult to obtain and not all students choose to participate.