This is tragic. My profession is research and measurement, and I believe in measuring pretty much everything – correctly. Measuring the effectiveness of colleges on student debt and earnings upon graduation is ludicrous. The poorest kids will have the most student debt, and professions such as teaching and social work have the lowest earnings…so this measurement approach will encourage schools to not not accept poorer students (who will go into more debt) and to not offer majors in low-wage professions.
Discussion about changing incentives for professors to manage college costs and still keep up the quality of education.