The Wall Street Journal: "The New Math of College Rankings"

Written By The Wall Street Journal

The College Scorecard API a has been a boon to College Abacus, for one, a site that compares more than 5,000 colleges based on likely net price—after financial assistance, work study and other aid resources are factored in. The new data have given the site the ability to show debt-repayment rates and average earnings for people who enrolled at a given school alongside students’ individual net prices. 

The data also led College Abacus’s parent company, education nonprofit ECMC Group, to launch Pell Abacus, a site that helps low-income students understand their financial-aid options.

Abigail Seldin, co-founder of College Abacus and vice president of innovation and product management at ECMC Group, says the government’s decision to unlock the data makes her site more useful, and serves as an endorsement of choosing schools based on financial factors instead of focusing solely on more traditional factors like social and academic fit.

Read the full article in The Wall Street Journal.

The Wall Street Journal http://wsj.com
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