Student-Aid Leaders Call For Alternatives To Obama’s College-Rating System
Career College Central summary:
The departing chair of the National Association of Student Financial Aid Administrators offered his alternative on Monday to President Obama’s forthcoming college-rating system, calling for a system based on "social responsibility." In a session of the association’s annual conference here, Craig Munier, director of financial aid at the University of Nebraska at Lincoln, detailed a system that would recognize colleges that are doing a good job of educating low-income students and would shame those that aren’t.
The plan, which is modeled on the LEED ratings of green buildings, would assign institutions ratings of silver, gold, or platinum based on a calculation that would take the percentage of a college’s undergraduate students who are eligible for Pell Grants, multiply the number by a ratio of credit hours earned to credit hours attempted, and divide it by the institution’s cohort-default rate.
Part of the goal, Munier said, "is to create a little public embarrassment" for institutions that are not fulfilling their duty to educate needy students. He jokingly called the plan "Craig’s LEED certification on social responsibility."
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