Brookings Institution fellows Matthew M. Chingos and Kristin Blagg offer insight on Obama's administration new College Scorecard data, and how it affects students economic outcomes.
The system is being used to show the "value added" rankings of the economic outcome for students after attending their college or university. Although helpful, there are still some discrepancies within the system. Accuracy of these rankings depends on many factors, such as the quality the campuses provide.
The problem with using Scorecard data to compare the economic mobility of independent students is that the earnings measures are not defined in the same way before and after college, nor are they reported for the same group of people.
For example, the absence of a consistent measure of academic preparation across all colleges is a key challenge to ranking colleges based on the quality of the service they provide.
To find out more information on economic mobility rankings, visit the Brookings Institution: