WHEN YOU CAN’T TRUST THE NUMBERS: Higher Education Bubble Update: Another Rankings Fabrication. “Tulane University has admitted that it sent U.S. News & World Report incorrect information about the test scores and total number of applicants for its M.B.A. program. The admission — as 2012 closed — made the university the fourth college or university in that year to admit false reporting of some admissions data used for rankings. In 2011, two law schools and one undergraduate institution were found to have engaged in false reporting of some admissions data.”

If I were the House Republicans, I’d be holding hearings on higher education — both the scandals, and the cost explosion — and grilling university presidents.