Obama plans college ranking to lower tuition

By Chris Parr. The US government is to develop a new system of ranking colleges and universities in a bid to ensure the “best value” institutions have access to the most federal funding.
In an extensive speech on college affordability, delivered at the University at Buffalo, US president Barack Obama said the new rating system would be introduced by the start of the 2015-16 academic year. It would, he claimed, take into account measures such as graduation rates, quality of tuition, and whether colleges were “helping people from all backgrounds to succeed”.
“A higher education is the single best investment you can make in your future,” Mr Obama said, adding that colleges should be ranked “not just by which are the most selective”, but in order of those offering “the best value”. “Colleges that keep their tuition down…are the ones that will see their taxpayer funding go up,” he said. More...