“Editorial: Measuring the Payoff of College.” Tampa Bay Times 18 Sep. 2015: A, 10.
President Barack Obama wisely abandoned his plan for the federal government to rank all 7,000 American institutions of higher learning, from Harvard to hairdressing schools. But the U.S. Education Department has done something smarter. It has created a vast database to let families and prospective students reach their own conclusions by searching and sorting relevant financial information, including the median salary of students 10 years after they started school.
The website, collegescorecard.ed.gov, allows anyone to see a treasure chest of information about any school. Most important, it allows students to get an honest assessment on what a college will probably cost them, the debt they might incur and the range of salaries that students go on to earn after graduation. Perhaps most telling, the site calculates the percentage of students who, six years after they started…
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