<p>Garbage rankings. Not only are the actual rankings trash, it’s the methodology that’s most ****ty.</p>
<p>"First, they measure how much graduates succeed in their chosen professions after they leave school, evaluating the <strong>average salaries of graduates reported by Payscale.com (30%), the number of alumni listed in a Forbes/CCAP list of corporate officers (5%), and enrollment-adjusted entries in Who’s Who in America (10%)</strong>.</p>
<p>Next they measure how satisfied students are with their college experience, examining freshman-to-sophomore retention rates (5%) and student evaluations of classes on the <strong>websites RateMyProfessors.com (17.5%) and MyPlan.com (5%).</strong> They look at how much debt students rack up over their college careers, considering the four-year debt load for a typical student borrower (12.5%), and the overall student loan default rate (5%). They evaluate how many students actually finish their degrees in four years, considering both the actual graduation rate (8.75%) and the gap between the average rate and a predicted rate, based on characteristics of the school (8.75%)."</p>
<p>Oh my, Payscale.com, RateMyProfessors.com, and MyPlan.com. Then there’s Who’s Who in America and a “the number of alumni listed in a Forbes/CCAP list of corporate officers.” At first, I thought “well, maybe these rankings aren’t completely terrible, they’re measuring some part of undergraduate satisfaction, right?” Good luck with that when 67.5% of your methodology is garbage! I’d better go online and 5-star all my profs at RateMyProfessors.com and list myself at 300k on PayScale (which, by the way, only measures salaries for people with undergrad degrees - sorry doctors, lawyers, engineers, etc., looks like the IBankers and old money win again!). I’d better respond to that joke Who’s Who, too; I’ve never even heard of MyPlan.</p>
<p>No matter how you look at it, this another joke in Forbes’ long line of ‘em. Christ, just look at their front page. “Highest-Paid Actresses.” “America’s Coolest Cities.” “America’s Best Fans.” Haha. “The World’s Billionaires” is still more popular than “America’s Best Colleges,” so I wonder how successful Forbes’ management feels this ploy to raise viewership is. It is #2, though.</p>