Last year, President Obama announced that his administration would, by the beginning of the 2015 academic year, rate America’s colleges “on who’s offering the best value, so students and taxpayers get a bigger bang for their buck.”
Then the president charged the Department of Education with figuring out how, exactly, to build a rating system so that schools that enroll low-income students and give them a good, affordable education would be rewarded and recognized while those that don’t would be penalized and shamed.
This has proved to be a complicated task.