Obama Unveils College-Ranking Plan


    President Obama on Thursday announced his plan to implement a new rating system for colleges before the fall of 2015. The system would rank schools based on graduation rates, average earnings of graduates, tuition, and student-loan debt. Eventually those ratings will be tied to federal financial-aid allotment, with more money and affordable loans going to students at higher-rated schools. “We can't price the middle class—and people working to get into the middle class—out of a college education,” Obama said at the state university in Buffalo, where he kicked off his two-day bus trip through New York and Pennsylvania. He noted that plan still needs congressional approval. “We’re going to have to work on that,” he said. 

    Read it at USA Today