Alie Grasgreen:

The highly anticipated draft release issued Friday morning was delayed twice before officials settled on an “end of the fall” deadline. (The winter solstice is Sunday.) It’s largely a list of things the department is considering in its analysis of which institutions offer students and families the biggest bang for their buck.

And half the metrics — all of which aim to measure accessibility, affordability and outcomes — can’t even be measured right now. All told, it could be at least a few years before the system that the Obama administration envisions will be in place, though the plan is to rate more than 4,000 two- and four-year colleges by the start of the next academic year. And it will have to survive any challenges by Congress or the next administration.

“The question is, will we actually see ratings for the 2015-16 school year,” said Robert Kelchen, an assistant professor of higher education at Seton Hall University and expert on college ratings. “I’d be surprised … to be honest.”

But in the draft, the department didn’t back down from that schedule. Officials want more input on the ratings framework, which they say was “based on extensive consultation with stakeholders and experts,” and are taking comments through Feb. 17.