The College Scorecard – as part of President Obama’s continued efforts to hold colleges accountable for cost, value and quality – highlights key indicators about the cost and value of institutions across the country to help students choose a school that is well-suited to meet their needs, priced affordably, and is consistent with their educational and career goals.
The new tool combines data from the Treasury and IRS with Department of Education records on more than 7,000 colleges and universities, going back 18 years. Anyone can access the data that shows how particular colleges are doing at enabling students to pay back loans and pay their bills.
Here's how it works: You can type in the name of a college here, and the site will tell you lots of old basics, including average annual cost and graduation rate.
But there's also lots of useful, new information. You can now see how much students earn 10 years after entering a school. Also accessible for the first time are the percentage of first-generation students at a given school and the percentage of students who repay at least a dollar of principal on their federal loans within three years.
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