Standard university rankings may or may not be bollocks, but they are a destructive force.
This is because of Goodhart’s Law: “When a measure becomes a target, it ceases to be a good measure.”
What a world we live in, that the country’s largest and most wealthy universities have collectively decided to cede institutional power to the editors at the US News and World Report.
A new national ranking came out, and they found that my campus is #2 in the country! So maybe I’ll start caring about rankings? wink. But I do think it’s worthwhile to see what we might learn from The Economic Mobility Index. It ranks “schools [that] enroll the highest proportion of students from low- and moderate-backgrounds AND provide them with a strong return on their educational investment.” Here’s a thread from one of the authors with a bit of an explainer.