There is a new Executive Order which may assist students, parents, and high school counselors in planning post-secondary education.
]Over the past 30 years, college tuition and fees have grown at more than twice the rate of the Consumer Price Index.
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In addition, too many programs of study fail to prepare students for success in today's job market.
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Selecting an institution and course of study are important decisions for prospective students and significantly affect long-term earnings. Institutions should be transparent about the average earnings and loan repayment rates of former students who received Federal student aid.
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This order will promote greater access to critical information regarding the prices and outcomes of postsecondary education...
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Increased information disclosure will help ensure that individuals make educational choices suited to their needs, interests, and circumstances. Access to this information will also increase institutional accountability and encourage institutions to take into account likely future earnings when establishing the cost of their educational programs.
A few related threads:
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Technology may replace 40% of jobs in 15 years (Jan 2019)
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BankRate: 10 most/least valuable college majors (Sept 2018)
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Financial Games Colleges Play (June 2018)
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College Net Price Calculators (June 2018)
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Education Department, Daily Journal (April 2014) [i]
Federal Register
