A Better Way to Rank Colleges Could Be Crafted Out of Students' 'Revealed Preferences,' Paper Says

The selectivity measures used by U.S. News & World Report and other college-ranking services can and should be drastically restructured, four scholars have proposed in a working paper released this week.

It is theoretically feasible, the study suggests, to rank colleges and universities according to students' actual preferences -- that is, according to their decisions on where to enroll when they have been admitted to two or