Education Department releases framework for rating U.S. colleges and universities

By Nick Anderson. By the start of next school year, the federal government plans to rate colleges on access, affordability and student outcomes — possibly relying on graduates’ employment and earnings data.
Schools could be rated as high performers, low performers, or “in the middle,” according to a “draft framework” of the ratings plan that the Obama administration is releasing Friday. The document, essentially a status report on an initiative President Obama announced in August 2013, leaves many questions unanswered. More...