Two Tsunamis are About to Hit Higher Education"In November, the Department of Education released post graduate earnings and debt data broken down by college program — which will have a revolutionary impact on higher education.
Students (and policymakers) can now get accurate information about how much recent graduates earned by college and degree (e.g., a Bachelor’s in Physics from Ohio State University).
- ...One tsunami is enhanced accountability for the hundreds of billions of dollars federal, state, and local governments provide to colleges each year — funds that have historically flowed regardless of graduates’ labor market outcomes.
- ...But the second tsunami bearing down on higher education will be even bigger — informed choice on the part of students and parents..."
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