Tuesday, December 4, 2012

Five-star education and the end of college rankings

How many colleges out there wish they had the #1 spot on U.S. News' Best Colleges rankings? Or at least a higher spot within their respective tier or category? I don't have a scientific answer to this question, but I suspect that the answer is "a vast majority". Ultimately, for me, the more critical question is: Why do those in higher education look to these rankings as a validation for the work that they do? Or as support for their marketing narratives?

At a quick glance (I'm trusting you on this one, Wikipedia), U.S. News published its first rankings in a 1983 report titled, "America's Best Colleges". Back then, people were still living in the age of the printing press where information was disseminated through official bodies without a broad social medium for validation. The public Internet was still under development, and Web 2.0 wasn't even on anyone's roadmap, much less Facebook, Twitter or Yelp. So the best that consumers could manage was to put their faith into a reputable organization that could help them sift through the myriad choices for higher education in order to find the best fit given various constraints.

But does what seemed like a great tool nearly 30 years ago still hold significant meaning in the Social Age? Maybe. Maybe not. But if the Best Colleges rankings are used as a way to establish an institution's reputation, I believe there is a better way in today's world: the five-star rating system.

I'm sure you've seen this. For years, whether it's on Yelp, Redbox, Amazon.com, the five-star rating system has helped people with needs and means to make purchasing decisions. http://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.pnghttp://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.pnghttp://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.pnghttp://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.pnghttp://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.png means "Excellent, I highly recommend this!" http://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.png means "Terrible! Don't touch it with a 100-foot pole." Have those reviews and stars influenced your purchasing decisions, at work or at home? They certainly have for me.

But how can such a simple scale measure such a complex service like education? Well... why not? The idea itself is not novel. Net Promoter Score (NPS) has been around the block and back, employed now by many industries including higher education. NPS uses a scale from 0 to 10. The star rating system uses a range from 1 to 5. So, the net difference is effectively just the number of notches on the line, which is why I think of the star rating system as "NPS lite".

But the real reason why a star rating system like that embedded in many social media outlets is important to higher education is that the scale helps an institution measure the perceived value from all of its constituents. And those constituents are going to be the most effective promoters or detractors of the organization. Yes, there are numerous, intricately linked and complex factors that influence any given rating. And yes, NPS and the star rating system omit other metrics that can help pin-point specific problem areas. But all of the good and the bad, both in and out of the classroom must roll up into something in the minds of students, parents and everyone else. And I believe the what is captured neatly in the number of stars every individual has the power to give to an organization.

Simply translated for higher education:
  • http://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.pnghttp://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.pnghttp://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.pnghttp://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.pnghttp://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.png, "I had a great experience! If you're looking for a graduate program, I highly recommend this college!"
  • http://www.ikoso.com/ikoso/wp-content/plugins/xavins-review-ratings/shiny_yellow_star/star.png, "What the hell? What do you mean I spent 4 years and $100k just to end up with no job and a ticking clock on my student loans? Don't come here if you're serious about your education needs."

The five-star rating system. Simple. Measurable. Scalable. Inevitable.

In the future, I imagine people will stop caring about a "top 100" list published by a major corporation. Instead, they will head over to their favorite social media site and look for 5-star colleges as rated by parents, students, alumni, staff, partners and beyond.

And when the time comes, that will be the end of today's college rankings.