That tranlsates into incentives that virtually guarantee inefficiency and constantly rising costs. If a university were able to figure out how to reduce its costs by, say, 10 percent, while holding quality constant, and it chose to pass those savings along to its customers in the form of a tuition decrease, its U.S. News rankings would go down. If, on the other hand, it became 10 percent less efficient and passed the cost onto customers in the form a tuition increase (not a hard thing to do if you're a selective college), its ranking would go up.But nothing's good for magazine sales like a much-discussed list, and so the madness continues.
This article available online at:
http://www.theatlantic.com/politics/archive/2007/10/-em-us-news-em-and-tuition-inflation/43386/
