This fall, President Obama will release a college-rating system that is likely to include graduation rates as a key measure of institutional success. That worries colleges, which have long complained that the official government figures leave out many successful graduates. The federal rate counts only first-time, full-time students who graduate within a certain time frame.
Read more at The Chronicle of Higher Education: http://chronicle.com/article/Why-Colleges-Don-t-Want-to/149435