Community colleges to release scorecard rivaling the president’s. Students planning to attend one of the nation’s 4,500 colleges and universities have a new interactive College Scorecard touted by President Obama in his State of the Union address as a tool “to compare schools based on a simple criteria – where you can get the most bang for your educational buck.”
Example of a California community college scorecard. The actual design has not been finalized. Source: California Community College Chancellor’s office. (Click to enlarge) Community college leaders say the focus on costs and graduation rates is a flawed lens for measuring their worth. The federal scorecard is “very four-year centric data,” explained Patrick Perry, Vice Chancellor for Technology, Research and Information Systems for California Community Colleges. The new scorecard will shine a light on key indicators of success and provide data on how well each of the 112 campuses is measuring up.
Pyramid. “I am telling you it’s really unbelievable,” said Fulks. College Affordability and Transparency Center. The College Affordability and Transparency Center includes information for students, parents, and policymakers about college costs at America’s colleges and universities.
The Center includes several lists of institutions based on the tuition and fees and net prices (the price of attendance after considering all grant and scholarship aid) charged to students. These lists meet requirements outlined in the Higher Education Opportunity Act (HEOA) and will be updated annually and posted on the College Navigator website by July 1. Student Loan Debt Statistics - American Student Assistance. Here are some important facts about the state of student loans in the United States today: How many Americans borrow/have borrowed for college?
• Nearly 20 million Americans attend college each year. (Source: Chronicle of Higher Education) • Of that 20 million, close to 12 million – or 60% - borrow annually to help cover costs. (Source: Chronicle of Higher Education) • There are approximately 37 million student loan borrowers with outstanding student loans today. . • As of the first Quarter of 2012, the under 30 age group has the most borrowers at 14 million, followed by 10.6 million for the 30-39 group, 5.7 million in the 40-49 category, 4.6 million in the 50-59 age group and the over 60 category with the least number of borrowers at 2.2 million for an overall total of 37.1 million. How much do Americans borrow/have borrowed for college? •There is roughly somewhere between $902 billion and $1 trillion in total outstanding student loan debt in the United States today. Who struggles most? Teaching the ABCs of College Costs. The financially sustainable university.
Still, at the majority of institutions, the pace of change is slower than it needs to be.
Plenty of hurdles exist, including the belief that things will return to the way they always were. (Note: They won’t.) But the biggest obstacle is more fundamental: While leaders might have a sense of what needs to be done, they may not know how to achieve the required degree of change that will allow their institution not just to survive, but also thrive with a focused strategy and a sustainable financial base. Leading change is challenging in any organization. But in higher education, it’s markedly more difficult. The liquidity crisis facing higher education If you are the president of a college or university that is not among the elites and does not have an endowment in the billions, chances are cash is becoming increasingly scarce—unless you’re among the most innovative.
Which institutions are at risk? You might be at risk if… Read more But what about the others? Reversing the “Law of More”