UI Rankings Cited in Opinion Piece

Austan Goolsbee, a professor of economics at the University of Chicago Graduate School of Business, deconstructs the annual graduate school rankings by U.S. News & World Report. "For the large mass of schools that rate in the middle of lists like U.S. News & World Report's, rankings are extremely sensitive to small blips," he writes. "Any criteria included in a survey, like undergraduate grade point average or percentage of applicants accepted, will have random variations over time. ... It's why schools at the top seldom move more than a place or two, but the TIPPIE COLLEGE OF BUSINESS at the UNIVERSITY OF IOWA can move up five spots one year and down 18 the next..."

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