Better information about outcomes would make regulating higher education less capricious.
Private and publicly mandated ranking systems coexist productively in other industries. The Environmental Protection Agency and the U.S. Department of Energy collect fuel economy ratings, for example, which Consumer Reports in turn leverages in its ratings.
As Lambda School, an online coding bootcamp, finds itself in the news on the heels of a lawsuit alleging false advertising, its full-throated defense raises a larger and more urgent set of questions that transcend the performance of one school: the need to move to a common set of standards to measure post-secondary student outcomes.
There is a long history of suspicion and questions around the emergence of new, nontraditional models of education and training for adult learners.