Rating States’ Work on Post-College Outcomes
When it comes to evaluating the success of higher education, one of the key metrics is the post-college outcomes of graduates. This includes factors such as employment rates, average salaries, and student loan repayment rates. A recent report by the American Association of State Colleges and Universities (AASCU) sought to rank states based on their performance in these areas.
The report, titled “State Success in Higher Education: Post-College Outcomes,” examined data from the National Student Clearinghouse, the U.S. Department of Education, and other sources to assess how well states were preparing their students for success after graduation. The findings were eye-opening, with some states faring much better than others.
One of the key takeaways from the report was that states with strong economies tended to have better post-college outcomes for their students. For example, states like California, Washington, and Massachusetts consistently ranked near the top in terms of employment rates and average salaries for recent graduates. This correlation between economic strength and post-college success highlights the importance of creating a robust job market for new graduates.
Another interesting finding was the significant variation in student loan repayment rates among states. States like Utah, Idaho, and North Dakota had some of the highest repayment rates in the country, while states like New Mexico, West Virginia, and Louisiana struggled to help their graduates pay off their student loans. This disparity in loan repayment rates is a critical issue, as high student loan debt can severely impact a person’s financial future.
Overall, the report shed light on the need for states to prioritize post-college outcomes for their students. By investing in career services, internships, and other support programs, states can help ensure that their graduates are well-prepared for success in the workforce. Additionally, policymakers should work to address the student loan crisis by implementing measures to make college more affordable and reduce the burden of student debt.
In conclusion, the AASCU report serves as a wake-up call for states to take a closer look at how well they are preparing their students for success after graduation. By focusing on post-college outcomes, states can create a brighter future for their graduates and foster economic growth and prosperity for all.