NerdWallet Launches College Comparison Tool
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Posted By: How May I Help You NC on June 06, 2012 Choosing the right degree program at the right school helps students achieve career goals San Francisco, Calif. (PRWEB) June 05, 2012 With rising student debt that now outweighs American household credit card debt and a stubbornly tepid job market, parents, students and policymakers are asking: Is a college education worth its tremendous costs? Will I ever earn enough to pay off my student loans? Students often rely on word of mouth and reputation to make their college choices, only to find themselves directionless during college, or worse, unemployed and indebted afterwards. Choosing the right degree program at the right school not only helps students achieve their career goals, but also affects their lifetime earnings. To help students and parents better weigh the costs and benefits of college, NerdWallet is launching a new tool that analyzes post-graduation outcomes, allowing students to compare colleges and degrees in two ways: By school: How do post-graduation plans differ across 60 colleges and universities and 160 undergraduate programs? Compare how graduates from the Ivy League to liberal arts colleges to public universities fare in their search for employment or graduate degrees. By outcome: What is the best school for a given field? Which schools send the highest proportion of its graduates to law school? Who are the top employers in major industries, which schools do they hire from, and how much do they pay? A NerdWallet study conducted in conjunction with the launch of the new tool uncovered meaningful differences across what students do after they graduate. Some key findings include: Employment rates were highest for graduates of specialty undergraduate programs, such as engineering and business programs: 17 of the top 20 schools with highest employment rates were specialized undergraduate programs, and averaged an 80% employment rate, compared to the overall 51% Engineering students had the highest starting salaries: Recent graduates earned $64,781, 40% higher than the overall average of $46,908 "A student can no longer simply wonder, 'Should I go to college?' says Stephanie Wei, VP at NerdWallet. "The real question is, 'What will I get with this specific degree from this specific college?' And until now, there was no useful or easy way to evaluate such considerations." Read more: http://www.sfgate.com/cgi-bin/article.cgi?... If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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How May I Help You NC
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