Institute Places Sixth in U.S. News Rankings
By Naveen SunkavallyMIT ranked sixth among the best colleges and undergraduate universities in America, according to the U.S. News & World Report's annual survey, released on August 25. The Institute placed fifth last year.
Harvard University, which lost its number one ranking last year, shared the top spot this year along with Princeton University while Duke University and Yale University both placed third. Stanford came in fifth, and Dartmouth College and the University of Pennsylvania finished tied for seventh. California Institute of Technology, Brown University, Columbia University, and Emory University shared the ninth position.
The survey used eight primary criteria in the determination of its rankings: academic reputation, retention, faculty resources, student selectivity, financial resources, value added, and the alumni giving rate.
Compared to the top five universities, MIT was weak in the retention (ranked 15th) and the value added categories. Retention accounted for 20 percent of the score, and value added accounted for 5 percent.
New category criticized
The results of the survey, however, have met with some criticism, especially as it pertains to the value added category.
According to U.S. News, value added measures "the school's role in the academic success of students as well as how efficient the school is playing is that role."
The survey computed the value added for each school by using an average of standardized test scores of the Class of 1990 and combining that with the average amount the school spent on that class to obtain a predicted graduation rate. That predicted graduation rate was then subtracted from the actual graduation rate to attain the value added for the school.
According to the survey, the value added of an MIT education is
-7.
"I do not believe that the Œvalue added' measure is either well-named or
useful," said President Charles M. Vest. "According to this, there's no value added for a Harvard education,
Princeton education, Stanford education, MIT education, Caltech education,
a University of Chicago education, a Carnegie Mellon education," said
Kenneth D. Campbell, director of the News Office.


