Keeping to his State of the Union promise to provide accountability and
transparency, and to help families determine “where you can get the most
bang for your educational buck,” President Obama has unveiled the
so-called "College Scorecard
College Scorecard creates a new universal system to rank the
educational value of the nation’s colleges and universities, and allows
parents and students to view a college’s cost, graduation rate, loan
default rate, median borrowing, and employment. The site also serves as a
search engine, permitting students to find colleges based on individual
needs, such as location, campus setting, and degree and major programs.
a statement released by the Department of Education, Secretary of
Education Arne Duncan said the scorecard was an empowering tool for
families. “Too often, students and their families don’t have the right
tools to help them sort through the information they need to decide
which college or university is right for them. The search can be
overwhelming, and the information from different colleges can be hard to
Hard to compare, indeed! Apples to orangutans, in most instances, with even the highly touted college net cost calculators
often leaving site visitors confused and bewildered.
Now, with the College Scorecard
one can simply plug in the name of a college or university (or find one
by means of searching by location, size, major, campus setting and a
host of other criteria).
A perfect tool in determining which
college is best for you? Of course not. In many ways, the College
Scorecard is still a work in progress. By all measures, however, given
the scant, scarce and often misleading information that was out there
before the advent of the College Scorecard, suffice it to say that the
White House and the U.S. Department of Education are off to a great
Along with introducing the College Scorecard, Obama also
urged Congress to change the Higher Education Act “so that affordability
and value are included in determining which colleges receive certain
types of federal aid.” The Higher Education Act is set to expire at the
end of this year.
So far, post State of the Union 2013, its President Obama 1, Congress 0. [Not that we're keeping score, mind you! :-)]
As you begin your college search, looking to compare and contrast, be sure to check out College Scorecard
Plan. Prepare. Prevail!
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