This seems to be Good.
But I think if we could include rankings, financial aids, salary, increase in salary, cost of education, cost of living in that city, proficiency of the school in particular stream like booth for entrepreneurship etc etc, that would be great. I guess we need big database for this to cover all the niche details. But once done this will be handy tool for analysis.
IMO if we can build a powerful tool similar to our score estimator which will provide probability for every college, rather than filtering them.
Eg I will input the details and it will give me the list of the colleges according to the best suitability.It will be having a column of %chances.
The user could easily filter out where exactly he should go, I think 50%+ people just do MBA for salary rise and it doesnt matter to them what is the rank of school ,all they need is good salary hike. So they can directly filter out those colleges where they could spend less for fee and get good salary hike...in other words best ROI.