We show how to construct a ranking of U.S. undergraduate programs based on students' revealed preferences. We construct examples of national and regional rankings, using hand-collected data on 3,240 high-achieving students. Our statistical model extends models used for ranking players in...

The annual U.S. News and World Report Guide to America's Best Colleges is a much anticipated magazine among both high-ability prospective students and college and university administrators. In this paper we use a decade of Colgate University Admitted Student Questionnaire surveys to estimate the...

Evidence of grade inflation in U.S. high schools is often misinterpreted due to confusion about how grade inflation is, or should be, defined. This note clarifies the implications of recent research on grade inflation in two ways. First, we situate the evidence by defining three distinct types...