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White House Unveils Draft ‘College Scorecard’

The White House is seeking input from colleges and consumers about a draft “College Scorecard” that would provide prospective students with information about a college’s cost, graduation rate, average debt burden, loan-repayment rate, and job-placement rate. The scorecard, which President Obama announced in a landmark speech at the University of Michigan last week, is designed to make it easier for students to comparison-shop for college.

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