Obama Scraps Federal College Ranking System for “Scorecard”
Unlike most college rating platforms, the scorecard contains a plethora of useful data that is usually unavailable from the private sector. Although prefacing by saying the data is based on students who have received federal grants and loans, the site contains income information, not just for recent grads, but also containing 10-year median income for graduates and loan default rates. The search-engine styled site also contains net costs for students from high-income and low-income families, as well as the ethnic diversity of particular colleges.