Keeping to his State of the Union promise to provide accountability and transparency, and to help families determine “where you can get the most bang for your educational buck,” President Obama has unveiled the so-called "College Scorecard."

The College Scorecard creates a new universal system to rank the educational value of the nation’s colleges and universities, and allows parents and students to view a college’s cost, graduation rate, loan default rate, median borrowing, and employ...
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