The New York Times: In a report due out on Friday, the Obama administration will offer its first public glimpse of a planned system for rating how well colleges perform, saying it plans to group schools into just three broad categories — good, bad and somewhere between.
In detailing what elements the system is likely to contain, the Department of Education also revealed how dauntingly complex the project has been, and how it continues to be hampered by the limitations of the data available.
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