[wooyi]

The US government has proposed a draft framework on ranking higher ed institutions based on Outcome. This gets closer to the ROI model for evaluating any program/college.

http://www2.ed.gov/documents/college-affordability/framework...

TDLR on Metrics:

Access -Percentage of students receiving Pell grants - Expected Family Contribution Gap. - Family Income Quintiles: number of students from low and moderate income families. - Percentage of First-Generation Students

Affordability - Net Price: what a student actually pays (cost of attendance minus financial aid). - Net Price by Income Quintile: what a student actually pay by income class.

Performance - Completion Rates. - Transfer Rates - Labor Market Success: The most controversial metric by far on the list. - Graduate School Attendance of Former Students - Loan Performance Outcomes: A metric to be determined that will examine whether or not students are able to repay their loans after graduation.