3. INTROSPECTION
The CIRP Freshman Survey
National Survey of Student Engagement
Student Satisfaction Inventory
Workplace Climate Surveys
The President’s Survey of Faculty
HERI Faculty Survey
And more!
4. USNWR HEADLINES
Grinnell’s Overall Rank
- Up by 5 – from #22 to #17
Other Rank Changes (listed in order of magnitude)
- Up: Selectivity, faculty resources, financial resources
- Down: Alumni giving, academic reputation -but still very high)
- No change: Graduation/retention
Other Mentions of Grinnell:
-
Strong commitment to teaching (#3 among liberal arts)
Notable undergraduate research
Economic diversity (#2 among liberal arts colleges)
Best Value college (#7 among liberal arts)
Least debt list (#12 among liberal arts)
Another New Methodology This Year
- Reduced reputational weight (-2.5%)
- More graduation/retention weight (+2.5%)
5. Sources of US News Data
• The Common Data Set
- hosted by The College Board
- improve sharing and accuracy with standard elements
• IPEDS
- Integrated Postsecondary Educational Data System
- Primary entity for federal collection of data
- Covers institution characteristics, finance, financial aid
• Campus Offices
- Admission
- Benefits
- Dean
- Financial Aid
- Registrar
- Student Affairs
- Treasurer
6. US News and World Report Ranking System 2013
Source: USNWR Rankings, September 2013
R. Stiles
More weight (+2.5%)
this year
Undergraduate Academic
Reputation
(22.5%)
Graduation/
Retention
Rank
(22.5%)
Avg 6-year grad rate (80%)
for fall 2003 through fall
2006 freshmen
Avg fresh ret rate (20%)
for fall 2008 through fall
2011
Note: 66.7 % based on 1 to 5 ratings of
presidents, provosts and deans of
admissions; 33.3% based
on high school counselors’ ratings
Spring 2013; 2-yr avg for counselors
In 2013, less weight (-2.5%) on
selectivity and within this
parameter, less weight on class
rank and more on test scores
Rank
Overall Score
Graduation
Rate
Performance
(7.5%)
Faculty
Resources
Rank
(20%)
Selectivity
Rank
Fall 2011
(12.5%)
Financial
Resources
Rank
(10%)
SAT/ACT (65%) fall 2011
Top 10% of HS class (25%) fall 2011
Acceptance rate (10%) fall 2011
Alumni
Giving
Rank
(5%)
Average percentage
of living alumni with
Bachelors degrees
who gave during
09-10 and 10-11;
“A proxy for how satisfied
students are with the
school.”
Faculty compensation (35%) AY12&AY13 avg
Classes < 20 students (30%) fall 2012
% terminal degree (15%) AY13
Classes ≥ 50 students (10%) fall 2011
% FT faculty (5%) AY13
Student/faculty ratio (5%) fall 2012
Average per-full-time student
spending on instruction, research,
public service, academic support,
Note: this indicator reflects the
student services and instructional
difference between USNWR
support in the 2011-2012 fiscal years.
predicted and actual graduation
rates for students entering in fall
2006
7. Average Values Within USNWR Bands and Grinnell Values 2013
Source: USNWR 2013, September 2013
120.0%
100.0%
80.0%
60.0%
Top 10
40.0%
2nd ten
3rd ten
4th ten
20.0%
0.0%
Grinnell
8. USNWR Trends - Grinnell College
Source: USNWR Rankings, September, 2013
R. Stiles September 10, 2013
Year
Overall Rank
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
0
4.4
Grad/retention rank
4.3
5
Faculty resources rank
4.2
Selectivity rank
4.1
10
Financial resources rank
15
3.9
Rank
3.8
20
3.7
3.6
25
3.5
3.4
30
3.3
35
3.2
3.1
40
3.0
Undergraduate academic reputation index
4.0
Alumni giving rank
Undergrad academic
reputation
Note:
Military academies included
with liberal arts in 2007 - this
has had a negative effect on
Grinnell's ranks since then. In
2013, only the Naval Academy
was ranked higher than
Grinnell.
9. USNWR Selectivity Trends - Top 10% of HS Class
90.0%
y = 0.007x + 0.754
85.0%
80.0%
Freshmen in Top 10 Percent of Class
75.0%
y = 0.005x + 0.663
Top 10
11 to 20
70.0%
21 to 30
y = 0.006x + 0.567
y = 0.002x + 0.614
65.0%
31 to 40
Grinnell
Linear (Top 10)
y = 0.006x + 0.517
60.0%
Linear (11 to 20)
Linear (21 to 30)
Linear (31 to 40)
55.0%
Linear (Grinnell)
50.0%
45.0%
40.0%
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
10. What Grinnell First-Years Say About the Importance of Rankings
Source: CIRP Freshman Survey 2012
Rankings are # 10 among
23 “Very Important”
reasons for
choosing Grinnell
#1 was
“Academic Reputation”
26% of our students
noted rankings as one
of the “Very Important”
reasons for their
college choice
85% noted
academic reputation
as “Very Important”
11. The PayScale.com Ranking
On September 13, 2013 the New York Times published
an article in their Business Day Economy section
entitled “New Metric for Colleges: Graduates’ Salaries”
College
USNWR Rank
PayScale
Rank
Colorado
31
291
Grinnell
17
366
Oberlin
25
218
Are PayScale.com data credible?
What are the implications of these rankings for Grinnell?
12. $120,000
Harvey Mudd
Colgate
Haverford
Washington and Lee
Williams
Manhattan
Swarthmore
Carleton
Holy Cross
Amherst
Kenyon
Lafayette
Bucknell
Union
Middlebury
Dickinson
Davidson
Pomona
Wesleyan
Franklin & Marshall
Whitman
Macalester
Colby
Bates
Gettysburg
Reed
Lawrence
Occidental
Depauw
Rhodes
Vassar
Wheaton, IL
Oberlin
Hamilton
Ohio Wesleyan
Wheaton, MA
Denison
Skidmore
Colorado
Trinity College
Wellesley
Whittier
Trinity University
St. Olaf
Grinnell
St. Lawrence
Kalamazoo
Beloit
Smith
Connecticut
Bryn Mawr
Mount Holyoke
Hope
Alma
Wooster
Payscale.com Starting and Mid-Career Salaries - 2013
Salaries are for those who have chosen not to complete graduate studies
$160,000
$140,000
Grinnell
- sample size = 167
- starting pay is 0.19 std dev below mean ($1,173)
- mid-career pay is 0.82 std dev below mean ($12,384)
$100,000
Std Dev = $15,109
$80,000
Starting Salary
Mid-Career
$60,000
Start Avg
Mid Avg
$40,000
Std Dev = $6,287
$20,000
$0
13. PayScale.com Salary Data - Sample Size and Years of Experience Distribution
Colorado
Years of experience
Less than 1
1 through 4
5 through 9
10 through 19
Greater than 20
Total n
n
"Typical Starting Salary"
"Typical Mid-Career Salary"
6
35
23
23
10
97
Grinnell
Mid-Career
Median
Salary
n
$ 45,500
$ 41,645
$ 54,496
$ 71,899
$ 68,550
$
$
41,800
80,500
3
36
22
19
9
89
Oberlin
Mid-Career
Median
Salary
n
$ 47,000
$ 39,995
$ 69,466
$ 85,552
$ 93,000
$
$
44,000
77,400
7
47
27
18
13
112
Mid-Career
Median
Salary
$
45,000
$
48,796
$
64,394
$
81,077
$ 103,042
$
$
38,800
83,900
167
"Starting Employees" have less than 5 years experience; typical is 25 years of age and 2 years experience
"Mid-Career Employees" have ten or more years of experience; typical is 42 years of age and 15 years of experience;
baccalaureate-level education only
Notes:
1. "Typical mid-career salary" is used as the basis for college rankings by PayScale.com; n=167 for Grinnell
2. Years of experience data include those with advanced degrees, thus the higher salary values
Data Quality Issues:
- Biased sample; self-selection, non-representative
- Small sample; large confidence intervals
14. CAUTIONS ABOUT RANKINGS
“U.S. News' College Rankings Are
Terrible -- But It's Not (Completely)
Their Fault”
Tom Allison
Policy and Research Manager, Young
Invincibles
Huffington Post
September 6, 2013
15. RATING SYSTEMS SUMMARY
USNWR
Amherst
Swarthmore
Bowdoin
Pomona
Carleton
Davidson
Washington and Lee
Grinnell
Macalester
Oberlin
Colorado
Reed
FORBES
Pomona
Swarthmore
Amherst
Bowdoin
Washington and Lee
Davidson
Carleton
Oberlin
Grinnell
Reed
Colorado
Macalester
WASH MO
Carleton
Swarthmore
Pomona
Grinnell
Reed
Macalester
Oberlin
Amherst
Davidson
Colorado
Washington and Lee
Bowdoin
KIPLINGERS
Swarthmore
Pomona
Washington and Lee
Amherst
Bowdoin
Davidson
Colorado
Grinnell
Carleton
Macalester
Oberlin
Reed