GRADUATION RATES: A CRUDE TOOL
In truth, if a college has a really low graduation rate, it’s probably not doing a very good job with its students. If a college has really high graduation rate, it’s probably not so bad. But beyond that, it’s hard to get more specific. It appears that graduation rate doesn’t really measure quality so much as it’s just vaguely correlated with quality. Using graduating rates, as they’re currently tracked, to measure college value is, thus, not a very responsible decision. The article is in Washington Monthly.