The new college rankings have been revealed by U.S. News and World Report, and they are already coming under fire for seeming to favor the elite schools of the nation. CBS reported on Sept. 10, 2013, that the new college rankings could actually hurt some students and there was no surprise that the number one school was Princeton University.
The rankings showed that the three familiar Ivy League schools - Princeton, Harvard, and Yale - were in the top spots, and that is quite typical. Critics sounded off and said that this familiarity with the Ivy League schools always at the top is a big part of the problem.
CBS states that these new college rankings actually hurt low and middle-income students. The U.S. News college rankings are a big concern for the schools, and it is shown in how they spend their money. Schools have been focusing on using the majority of their money to bring in students with higher test scores, class rankings, and grade point averages.
That impresses the rankings makers and raises them up the charts.
The new college rankings use a combination of factors to evaluate schools and that includes reputation through surveys, graduation rates, and the number of alumni who contribute with donations. Critics believe a new system is needed.
“We have discovered people are spending a huge amount of money on higher education without having a good idea about what they are getting for their money,” said Isabel Sawhill, senior fellow at the Brookings Institute. “That has caused the president to put forward a new proposal, which says we need a new college ratings system.”