Here is an interesting article from The Daily Pennsylvanian-

http://www.thedp.com/article/2015/09/students-and-administrators-not-concerned-with-drop-in-college-rankings

There are 7 categories, 16 items of criteria, used to compile the rankings.

25% of the college ranking comes from the "6 Year Graduation Rate", that's 6, not 4! 15% comes from "Peer review". 10% comes from "spending per student". 8% comes "Board scores of incoming freshmen". 8% comes from "Class size". 7% comes from "Faculty pay", and so forth down the line.

In examining all the criteria, I don't see anything pertaining to jobs, internships, research opportunity, study abroad opportunity, overall student satisfaction. Perhaps it's time to revamp the ratings.