<p>US News gives weights (percentages) to each factor to come up with a total score but it is possible to determine statistically which factors contribute most to the total score. The statistical approach allows you to control for redundancy in the information. Many of the factors that contribute to the US News total score are highly correlated with each other. For example, graduation rate, peer assessment, and SAT scores are highly correlated with each other. If you know what one tells you, you mostly know what the others tell you. Conceptually, they may seem different but in the nature of higher education they are closely linked.</p>
<p>Using data for the top 130 national universities, I did the following types of analysis:
(1) principal component analysis with varimax rotation
(2) multiple linear regression (all possible models)
(3) Pearson correlation</p>
<p>The results can be expressed in percentages, like the percentages assigned by US News except these are determined mathematically. The most important factors are counted first and you can assign a percentage to the "value added" of subsequent factors.</p>
<p>Here are some things I found:</p>
<p>SAT 75th percentile is 85% of the total score by itself.
Peer Assessment adds 10%.
Together, SAT 75th percentile and Peer Assessment account for 95% of the total score.
If you exclude Peer Assessment, the most powerful combination is actual graduation percentage and SAT 75th percentile. Together they account for 90% of the total score.
All of the other data in the US news report only accounts for a total of 5% of the total score.</p>
<p>If you are wondering what goes into the peer assessment score, retention seems to be the most important factor. It accounts for 61% of peer assessment by itself. Graduation rate and SAT 75th percentile each account for about 58% of peer assessment by themselves.
SAT 75th percentile and the percentage of classes over 50 together account for about 75% of peer assessment scores.</p>
<p>A used principal component analysis to look for patterns in the US news data and to simplify the US news data. 82% of the information in the US news for national universities is contained in four general components.</p>
<p>The first component (Academic Quality) accounts for 59% of all the information by itself. It consists of peer assessment, graduation rate data, the faculty resources, percent of classes under 20, student faculty ratio, selectivity rank, SAT scores, percentage of the class in the top 10%, acceptance rate, and financial resources rank.</p>
<p>The second component (full-time faculty and large classes) consists primarily of just two factors, the percentage of faculty who are full-time and the percentage of classes over 50. This component is 12%.</p>
<p>The third component (graduation rate over and under performance) consists primarily of graduation rate over and under performance. I think of this as a value added component. It tells you how well a college does with the students it enrolls. It tells how much the College adds to the initial quality of its student body. This component is 6%.</p>
<p>Fourth component (alumni satisfaction) consists primarily of alumni giving, but also over and under performance in the graduation rate. My interpretation is that the more the College contributes to student success the more loyal, the alumni are. This is component accounts for 5% of the total information.</p>
<p>Altogether, these four components account for 82% of all the information used by US news to do their ranking of national universities. Almost all of the data can be boiled down to these four components.</p>
<p>By the way, I dictated this post using a microphone and voice recognition software called Dragon Naturally Speaking. The wonders of modern technology...</p>