America’s universities are getting two report cards this year. The first, from the Equality of Opportunity Project, brought the shocking revelation that many top universities, including Princeton and Yale, admit more students from the top 1 percent of earners than the bottom 60 percent combined. The second, from U.S. News and World Report, is due on Tuesday — with Princeton and Yale among the contenders for the top spot in the annual rankings.
The two are related: A POLITICO review shows that the criteria used in the U.S. News rankings — a measure so closely followed in the academic world that some colleges have built them into strategic plans — create incentives for schools to favor wealthier students over less wealthy applicants.
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POLITICO interviewed more than 20 current and former college presidents, administrators and federal education officials, and all agreed, often in fiery terms, that the lack of economic diversity is a critical problem.
They didn’t all agree on solutions, but many cited a common culprit — the U.S. News rankings, which began in 1983 and quickly grew to become, in the magazine’s own words from a 2008 article, “the 800-pound gorilla of American higher education.”
“I think U.S. News has done more damage to the higher education marketplace than any single enterprise that’s out there,” said F. King Alexander, president of Louisiana State University.
Alexander noted that a key to success in the rankings is paying higher faculty salaries and spending more per student overall, which drives up tuition in an era when sticker price has kept many low-income students from even applying to college.
Much of the score “is about spending the most amount of money on the fewest amount of students — and generally, students you already know are going to succeed,” Alexander said. “We’re spending more money on students who need it the least — and U.S. News gives you high marks for that.
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A 2014 report found that a major university ranked by U.S. News in the mid-30s would have to increase its spending by $112 million per year to jump into the top 20. That correlates to about $86,000 per student and an average faculty compensation package of about $150,000 per year.
Some colleges have given faculty raises with the sole purpose of boosting their U.S. News ranking, Stevens, the sociologist who is now at Stanford University, said. When he was on the faculty at a small liberal arts college in the 1990s, the entire faculty was given a 15-percent raise overnight. They were told it was to improve the school’s ranking.
“It was a relatively straightforward mechanism for boosting rankings,” Stevens said.
Kirwan, the former University of Maryland chancellor, put it this way: “If you could deliver the same quality at lower cost, you’d go down in the rankings.”