Obama's College Scorecard Ranks Bloomfield College Low for Graduation, High for Student Loan Defaults
Scoreboard ranking all higher-education institutions in the country released by Obama administration this week.
The rankings are in for Bloomfield College. On Wednesday, the Obama administration released a new interactive College Scorecard that offers students and parents basic information about colleges, including statistics on schools' graduation rates, tuition costs, average borrowing rates and employment history of former graduates. So what does the new scorecard say about Bloomfield College? Here’s a quick rundown: The new College Scorecard was announced by President Barack Obama during his State of the Union address to the joint session of Congress on Tuesday. “... Parents and students can use [the new scorecard],” said Obama, “to compare schools based on a simple criteria: Where you can get the most bang for your educational buck.” …
LaMont
4:12 pm on Wednesday, February 27, 2013
The graduation rate is a very flawed statistic. First, it only counts first-time, full-time fall students. It does not count transfer in students, part-time students or other members of the community. Second - and this is the big one - the graduation statistic is only an INTERNAL measure. So, for example, let's say someone starts at Bloomfield, decides the bill is too high, transfers to Montclair… more ›