Obama Releases ‘Scoreboard’ Giving Cost, Other Data on Colleges

President Obama unveils a “scorecard” with information about costs, graduation rates and student debt for thousands of U.S. colleges.

  • Scorecard also offers earnings potential for those graduating from particular school
  • “Americans will now have access to reliable data on every institution of higher education,” Obama says in his weekly radio/Internet address
  • NOTE: Scorecard comes about three months after Obama administration scrapped plans to create federal rating system for colleges, tie outcomes to federal aid
  • NOTE: Private for-profit colleges ranked among lowest schools under scorecard
  • NOTE: Obama, Education Sec. Arne Duncan to travel to Iowa Monday to pitch college affordability

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