MIT tops new style college ranking

The Washington Monthly has published a new style college ranking, which finds MIT at the top:

To put The Washington Monthly College Rankings together, we started with a different assumption about what constitutes the “best” schools. We asked ourselves: What are reasonable indicators of how much a school is benefiting the country? We came up with three: how well it performs as an engine of social mobility (ideally helping the poor to get rich rather than the very rich to get very, very rich), how well it does in fostering scientific and humanistic research, and how well it promotes an ethic of service to country. We then devised a way to measure and quantify these criteria (See “A Note on Methodology”). Finally, we placed the schools into rankings. Rankings, we admit, are never perfect, but they’re also indispensable.

By devising a set of criteria different from those of other college guides, we arrived at sharply different results. Top schools sank, and medium schools rose. For instance, Pennsylvania State University, University Park, 48th on the U.S News list, takes third place on our list, while Princeton, first on the U.S. News list, takes 43rd on ours. In short, Pennsylvania State, measured on our terms–by the yardstick of fostering research, national service and social mobility–does a lot more for the country than Princeton.

Don’t get us wrong. We’re not saying Princeton isn’t a superb school. It employs many of the nation’s finest minds, and its philosophy department is widely considered the best in the country. Its eating clubs, or whatever they’re called, are surely unmatched. Princeton may be a great destination for your tuition dollars, all 31,450 of them, not including room or board. But what if it’s a lousy destination for your tax dollars? Each year, Princeton receives millions of dollars in federal research grants. Does it deserve them? What has Princeton done for us lately? This is the only guide that tries to tell you. That, and a bit more.

The Findings

This year, once again, top-tier schools on the U.S. News chart fare much worse on our list. State schools are, by our measure, the primary heroes of higher education in the United States today. There are also a few villains to make it interesting. Here are some highlights from this year:

The U.S. News top 10 rarely cracks our top 10.

Of the top 10 national universities in the 2006 rankings of U.S. News, only two, Stanford and the Massachusetts Institute of Technology, make it onto our top 10. Harvard, first with Princeton on the U.S. News list, occupies only 28th place on our list, mainly because it’s weak on national service. MIT takes first place, while four state schools take spots two through five: the University of California, Berkeley; Pennsylvania State, University Park; University of California, Los Angeles; and Texas A&M University.

[Thanks to Steve Yablo for the link.]