FOR IMMEDIATE RELEASE!
Education Department Releases New Graduate Earnings Data for Career College Programs
Today, for the first time, the U.S. Department of Education released data showing the typical earnings of graduates of the thousands of career training programs offered by colleges across the country. This release continues the Obama Administration's efforts to help students make more informed decisions about college enrollment and to protect students from career training programs that lead to poor outcomes yet receive taxpayer-funded federal student aid. Today's release is a major step towards spotlighting the outcomes of students attending career college programs, providing critical information for the more than 1.3 million students currently enrolled as well as prospective students searching for a quality career college opportunity.
"For far too long, some career colleges have made dubious promises about the employment prospects of their graduates, promising high salaries that rarely live up to the hype. Americans who are working hard to get the knowledge and skills they need to succeed in the growing economy deserve better, accurate information," said U.S. Under Secretary of Education Ted Mitchell. "The earnings data released today shine a light on how graduates are actually faring when they enter the job market, and will ensure students don't make decisions based on too-good-to-be-true promises."
The data released today show that graduates of career training programs at public institutions generally fare better than those of comparable programs at for-profit institutions. Specific highlights include:
•Overall, mean earnings of graduates of public undergraduate certificate programs are nearly $9,000 higher than mean earnings of graduates of for-profit undergraduate certificate programs.
•Graduates of certificate programs at public institutions are more likely to have attended programs that provide training for higher earning fields, such as nursing, than graduates of certificate programs at for-profit colleges.
•The median earnings of nearly a third of graduates of for-profit certificate programs are less than the yearly income of a full-time worker earning the federal minimum wage ($14,500) even as students take on debt to complete these programs.
Read and learn more HERE!:
http://www.ed.gov/…/education-department-r... Start the conversation in your family neighborhood, community, classrooms, school houses, church assemblies, and social media, too!
Posted By: agnes levine
Thursday, November 17th 2016 at 4:17PM
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