The past several years have seen increased calls for colleges and universities to demonstrate their value to students, families and taxpayers. And the pressure has come from both sides of the political spectrum. Barack Obama, for example, didn't mince his words when he spoke a few years ago on the University of Michigan campus: “We are putting colleges on notice…you can't assume that you'll just jack up tuition every single year. If you can't stop tuition from going up, then the funding you get from taxpayers each year will go down. We should push colleges to do better.”
So how is a would-be student or a tax-paying citizen to decide the value of a given university or degree? There is certainly no shortage of tools that have been developed to help in this regard.
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