I was particularly happy with a post that I finished for my college blog at CBSMoneywatch a few moments ago that focuses on one reason for spiraling college costs – US News & World Reports’ controversial college rankings.
US News rewards colleges and universities for spending lavishly. Schools receive ranking brownie points for overspending, but they don’t get rewarded for keeping costs down. US News’ methodology doesn’t care if colleges are affordable. Sad, but true.
I hope you all read my CBS MoneyWatch post that delves into detail about this curious factor in runaway college costs. Here is the post: