Amalgamating ratings 
Although I haven't been following it closely, last year President Obama proposed rating universities using factors like affordability and graduation rates. TIME recently hacked together an example of how such a system might turn out for 2500 colleges and universities in the US.

The ranking is generated from just three components: graduation rate, percentage of students receiving Pell grants, and affordability (the inverse of cost).

The University at Albany comes in at a respectable 129th.

That showing depends on how the various factors are weighted, however, because UAlbany does not do as well given any of the components separately: 299th in graduation rates, 535th in Pell grants, and 277th in affordability.

The greater oddity is that none of these components indicate the quality of instruction offered by the institution. However, they might be as good a thing to base a decision on as alumni giving rates, which is a major component of the usual rankings.

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