Project Aims to Grade Performance of Colleges and Universities

There is a growing belief in higher education that if colleges don’t figure out how to measure the quality and value of their product, lawmakers will do it for them. Eighteen institutions are trying to get ahead of the growing accountability push with the release today of a new set of performance measures.

The Voluntary Institutional Metrics Project was more than two years in the works. It seeks to give a “holistic” view of the performance of private nonprofits, for-profits, community colleges, online institutions and one research university that is a member of the Association of American Universities (see box).

While the 18 institutions cover every sector, most are community colleges or institutions steeped in distance education or other nontraditional forms of instruction.

Read more at InsideHigherEd