- College and university leaders say the new College Scorecard, announced during the State of the Union address Tuesday night and unveiled by the White House on Wednesday, is oversimplified and too focused on finance.
- Information on the scorecard includes a school's average net price, graduation rate, loan default rate, median borrowing and postgraduate employment, but critical institutions and organizations--mostly those promoting a liberal arts education over job-specific training--say it lacks information on learning outcomes, long-term student success or student satisfaction.
- Additionally, the Institute for College Access and Success pointed out several problems with the data included in the scorecard in a blog post Wednesday, including the lack of a sense of what percentage of students borrowed in the loan default rate numbers, and median borrowing figures presented with no regard to whether students completed college.
From the article:
In his State of the Union address Tuesday night, President Obama announced a new College Scorecard that would help prospective college students "compare schools based on a simple criteria - where you can get the most bang for your educational buck." ...