Government unveils College Scorecard

SCRANTON - The U.S. Department of Education on Wednesday unveiled an interactive College Scorecard, the day after President Barack Obama during his State of the Union address called for efforts to hold colleges accountable for cost, value and quality. The scorecard, available at, includes costs, graduation rates, loan default rates, average amounts borrowed and employment for colleges across the country.

In his State of the Union address, Mr. Obama said college has been made more affordable through tax credits, grants and better loans "but taxpayers can't keep on subsidizing higher and higher and higher costs for higher education. Colleges must do their part to keep costs down, and it's our job to make sure that they do."