NASFAA Submits Comments to ED on Ratings System Framework

By Karen McCarthy, Policy & Federal Relations Staff

In written comments submitted yesterday to the Department of Education (ED) on the framework for the postsecondary institution ratings system (PIRS), NASFAA thanked the administration for its long-standing commitment to improve college access, affordability and transparency for students and families. The document also comments on the limitations of the proposed metrics, the importance of quality data, input-adjustment of metrics, identification of peer groups, and importance of consumer testing.

Given the lack of specificity in the draft PIRS framework and the number of outstanding questions related to ED’s plans for finalization of the system, NASFAA strongly recommends another public comment period when the detailed plan is available and before publishing any ratings. NASFAA also encourages ED to develop a systemized review process that is consensus focused to create or make changes to the system in the future.

 

Publication Date: 2/19/2015


Robert G | 2/20/2015 2:31:05 PM

Very much agree with NASFAA's comments on this topic. From a fiduciary and responsible public policy perspective, consumer information must not only inform, but, more importantly, drive consumer behaviour. Consequently, I would urge the Department of Education to incorporate longitudinal consumer behaviour assessments in order to establish whether resources expended by institutions/agencies on this item yield actual dividends in the long run.

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