With New ‘Scorecard,’ Obama Seeks to Give Students a Tool for Comparing Colleges

February 13, 2013

In his State of the Union address on Tuesday, President Obama said his administration's release on Wednesday of a "College Scorecard" would enable students and families to find institutions that would give them "the most bang for your educational buck." The president first proposed the scorecard last year, in a speech at the University of Michigan at Ann Arbor, and a preliminary version was released in June. The online interactive tool is designed to help students and their families gather information about individual colleges and compare them to similar institutions by providing data on costs, potential earnings, and average student-loan debt.