The 1st college ranking system to use the College Scorecard’s data on median salaries and debt levels by college major has gone live. Find out more here:
all showed an income increase of around 10% or less when compared to a bachelor’s degree in the same field.
“We believe the time has come to let real-time data transform the college application process," said Optimal’s CEO Sung Rhee in the news release accompanying the launch."This is the first time that governmental data on student outcomes have been made available at such a granular level. We are excited to be able to present it in a way that no one else has.
In addition, the merit or value of college cannot and should not be measured solely in terms of dollars and cents. Many students don’t look at college only as a financial investment—a play to make a profit. They seek to develop a greater capacity to lead informed, interesting, engaged livestheir ability to be paid well as they do so. No ranking system fully captures those motivations.
Nonetheless, the more information that prospective students have available the better. The program-level data now accessible at the College Scorecard have been heralded by higher education experts as a valuable tool not only for students but for college leaders themselves as they evaluate the viability of their academic programs. The GradReport site offers a user-friendly opportunity for both groups to consider these program-level outcomes.
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