College Measures is rating colleges and universities. According to the Performance Scorecard for two-year institutions, the graduation plus transfer rate is 38.9 percent for public two-year colleges, compared to 57.3 percent for for-profit colleges. While public two-year colleges charge less than for-profits, the cost per completion is $58,808 for community colleges, only $47,975 for the for-profits.
However, 12 percent of for-profit students default on their loans, compared to 10.1 percent for public students, who don’t need to borrow as much because their tuition is subsidized.
It’s possible to rank individual colleges by performance on various measures, but I’m dubious: Some colleges report a 100 percent success rate. Is that possible?