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[quote=Anonymous]https://www.usnews.com/education/best-colleges/articles/how-us-news-calculated-the-rankings 
says that "Schools that ranked the highest had the lowest average amount of debt accrued by their the most recent graduates and a relatively small proportion of students graduating with debt compared with other schools in their U.S. News ranking category." This makes up 5% of the ranking (3% for indebtedness level, 2% for proportion with debt).

Basically, colleges with more students from wealthier families and enough money of their own to fund good financial aid for the few who do need it will do better on this measure. In other words, it skews the ranking in favor of the usual prestige privates.

In theory, these ranking factors could create incentive for colleges to offer better financial aid to reduce the amount of debt and the percentage of students with debt. However, it may be easier and less costly for colleges just to chase students from wealthier families to improve these ranking factors.[/quote]

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