The new U.S. News college rankings were released this week, to the usual amount of fanfare. Harvard and Princeton flip-flopped on the top of the national university list, with Princeton now at #1. The numbers for the two universities are almost identical so this slight shift means virtually nothing. I do note, however, that Harvard slipped a little bit in alumni giving from last year. Maybe that was enough to push them over the edge--the final legacy of the Larry Summers' contretemps?
The larger issue is that the U.S. News rankings are based almost entirely on institutional reputation, spending, and admissions selectivity. They have little or nothing to do with who actually provides the best education. Expect much more on this subject from Education Sector in coming weeks.
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