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- Dec 22, 2011
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OK, let's get down to business...
In the 2022 US News & World Report rankings...
There were 36 private universities ranked ahead of F$U. 8 of those private schools are Power 5.
There were 18 public universities ranked ahead of F$U. 13 of those private schools are Power 5 (and 4 of the 5 non-P5 schools were UC schools).
Florida ranked #28. Miami and F$U were tied at #55.
So let's do a deep dive inside the numbers, shall we. But first, a screenshot:
First, we have the "Outcomes" factors, which make up 40% of the score. Unfortunately, all of these factors are impacted by Miami being such an expensive private school. I knew plenty of students, even in the 80s and 90s, who left school over the cost, not the academics. The weighting of certain factors is very heavy. I am not sure what accounts for us having the "lowest of the 3" 6-year graduation rate, but the highest "predicted graduation rate". Maybe people who leave Miami graduate elsewhere? If so, we are getting dinged for being expensive. Shockingly, the percentage of students who borrowed, and the amounts owed, are much lower than I expected.
Second, the "Expert Opinion" factor makes up 20% of the score. Who knows how this was compiled, but we need to boost this a couple of tenths.
Third, the "Faculty Compensation" factors make up another 20% of the score. Apparently, we need to pay more, rely less on adjuncts, and try to get a few more Ph.D's. I'd say this is also a common occurrence at urban private schools, bringing in adjuncts with knowledge to teach, instead of just using academics. How F$U (with the worst student-faculty ratio) has so many small classes, I'll never know. Maybe it's the Circus School.
Fourth, the "Financial Resources" rank is another 10% of the score. UM does DAAAAAMMMMN well here. Credit goes to Foote and Shalala. F$U...well, we already knew this was true, now we have the evidence that they are broke.
Fifth, the "Student Excellence" factors make up 7% of the score. Feels like this should be weighted more than things like "faculty compensation", but what do I know? I'm just an unfrozen caveman lawyer. Honestly, this is an area where we could boost ourselves to near-UF levels by just re-downsizing back to 8 or 9 thousand full-time undergrads.
Finally, the "Alumni Giving" factor makes up 3% of the score. Seems like this is a double-count of the "financial resources" rank, but I guess the other one includes "non-alums" (where Miami does well) and this one is "alums" (where Miami does not do as well). The Miami numbers speak for themselves, and is at least partially explained by Miami being an expensive private school. Buuuuut...having winning sports teams helps. I laugh at F$U, the alums seem to give money, yet the school is broke. Wasted money.
Anyhow, enjoy and discuss.
In the 2022 US News & World Report rankings...
There were 36 private universities ranked ahead of F$U. 8 of those private schools are Power 5.
There were 18 public universities ranked ahead of F$U. 13 of those private schools are Power 5 (and 4 of the 5 non-P5 schools were UC schools).
Florida ranked #28. Miami and F$U were tied at #55.
So let's do a deep dive inside the numbers, shall we. But first, a screenshot:
First, we have the "Outcomes" factors, which make up 40% of the score. Unfortunately, all of these factors are impacted by Miami being such an expensive private school. I knew plenty of students, even in the 80s and 90s, who left school over the cost, not the academics. The weighting of certain factors is very heavy. I am not sure what accounts for us having the "lowest of the 3" 6-year graduation rate, but the highest "predicted graduation rate". Maybe people who leave Miami graduate elsewhere? If so, we are getting dinged for being expensive. Shockingly, the percentage of students who borrowed, and the amounts owed, are much lower than I expected.
Second, the "Expert Opinion" factor makes up 20% of the score. Who knows how this was compiled, but we need to boost this a couple of tenths.
Third, the "Faculty Compensation" factors make up another 20% of the score. Apparently, we need to pay more, rely less on adjuncts, and try to get a few more Ph.D's. I'd say this is also a common occurrence at urban private schools, bringing in adjuncts with knowledge to teach, instead of just using academics. How F$U (with the worst student-faculty ratio) has so many small classes, I'll never know. Maybe it's the Circus School.
Fourth, the "Financial Resources" rank is another 10% of the score. UM does DAAAAAMMMMN well here. Credit goes to Foote and Shalala. F$U...well, we already knew this was true, now we have the evidence that they are broke.
Fifth, the "Student Excellence" factors make up 7% of the score. Feels like this should be weighted more than things like "faculty compensation", but what do I know? I'm just an unfrozen caveman lawyer. Honestly, this is an area where we could boost ourselves to near-UF levels by just re-downsizing back to 8 or 9 thousand full-time undergrads.
Finally, the "Alumni Giving" factor makes up 3% of the score. Seems like this is a double-count of the "financial resources" rank, but I guess the other one includes "non-alums" (where Miami does well) and this one is "alums" (where Miami does not do as well). The Miami numbers speak for themselves, and is at least partially explained by Miami being an expensive private school. Buuuuut...having winning sports teams helps. I laugh at F$U, the alums seem to give money, yet the school is broke. Wasted money.
Anyhow, enjoy and discuss.