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by finolex1
2250 days ago
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Gaming of rankings aside, the ratings organizations themselves offer various 'services' to colleges looking for a reputation boost. https://www.insidehighered.com/news/2013/05/29/methodology-q... For instance, QS sells a 'star-ranking' system for schools. Coincidentally the schools who paid for a '5-star' ranking, such as the Unviersity of Bristol or the Universiti Malaya are also placed higher on the actual QS ranking than those that did not, including Georgia Tech, the University of Washington, Ecole Polytechnique and UIUC. |
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"And there are several perverse incentives in the marketplace that make it hard for colleges to cut costs. The most basic one is that the U.S. News algorithm rewards them for spending a lot of money: Higher faculty salaries and more spending on student services lead directly to better rankings. If you reduce your expenses, your ranking will fall, which means that next year your applicant pool will probably shrink."
You'd be surprised at the burgeoning expenses of universities, and often meager profitability, despite record-high tuition rates. It seems, often like startups, a burn rate signals potential growth!
https://www.nytimes.com/interactive/2019/09/10/magazine/coll...