U.S. Department of Ed Reports Student Load Debt and Earnings of Education Majors
On November 21, the U.S. Department of Education announced that new data on federal student loan debt and earnings of recent graduates by institution, degree program, and field of study had been added to the College Scorecard consumer website. In addition, the Department of Education made these data available to the public at collegescorecard.ed.gov/data.
As a service to members, AACTE has excerpted the data on education graduates, along with documentation about the data, and provided instructions on how to search for your institution in this large database. Log in and access these resources.
The Department of Education Data suppressed results for smaller programs to safeguard the privacy of graduates. Our review of the data revealed that privacy suppression affects a considerable portion of the database. At larger institutions, data are only available for sizable programs and at smaller institutions, no information may be available. Despite this considerable limitation, AACTE is sharing these data because it is rare to have access to student loan debt and earnings information for recent graduates by field of study.
To provide members with a much richer understanding of how students in education programs are paying for college—and the potential implications for recruiting students to become teachers—we are also preparing a new data brief that will be available at the upcoming Annual Meeting. This report is one in a series of briefs summarizing important data on our profession that we will be releasing early next year. More to come as the AACTE 2020 Annual Meeting approaches!
If you have questions about the College Scorecard data, please contact Jacqueline King at firstname.lastname@example.org.