I have a strong distaste for college rankings of any kind. For colleges in the US, I don’t need some publication(s) to distill the information (some of which may or may not be relevant or important to me) they collect to a single number for me. I can do a better analysis myself, based on the criteria I choose. However, for universities overseas, I can’t really do that for most of them. International rankings based on a relatively objective set of criteria (which they tend to rely more on than USNews does) are somewhat useful to me so I would have some ideas about the persons and/or entities that I’m dealing with.
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