College educations don’t always provide ROI for students

Colleges have done an amazing job of selling the fact that to get ahead and be prosperous you need a college education.  When the economy was booming it was easy to show how college was a benefit to their students.

Unfortunately now with the problems in the economy, many graduates are finding they are underemployed and struggling to pay back the student loans they took out to get their degree. Those that are working are either working in jobs outside their major or when they get a job in their chosen field, they are making far less then what they expected. And definitely less than it takes to pay back their loans and live on their own without parental support.

Now Sens. Ron Wyden (D., Ore.) and Marco Rubio (R., Fla.) are hoping to reintroduce legislation

English: StFX graduates.

High school students are given a lot of college information, but much of it doesn’t tell them what to expect when they graduate. English: StFX graduates. (Photo credit: Wikipedia)

that would require states to make more accessible the average salaries of colleges’ graduates.

The idea of this is for incoming students to be able to look at each school and the degrees they offer. Along with that they would see how many of the graduates are employed and what are their current salaries. With this information they can determine if the school they want is worth the investment and if they stick with their current major will they be able to support themselves when they graduate.

Incoming students are giving so many facts about the schools and why each school is the best and the value of the entire college experience, it’s easy to lose track of the goal for college, which is to learn a career that can support you when you graduate.

Privacy advocates and schools are concerned with this level of data being compiled and how it can be used. But there are many recent grads who are struggling to pay bills with degrees where they can’t get a job, that wish they had this information before they started school.

What do think; is it valuable information and worth the effort to give incoming students information on the college’s success rate for their graduates?

You can connect with me on Facebook, Twitter and mc.sandymiller@gmail.com.

About sandy miller:
Sandy Miller has been helping clients with marketing and advertising projects for over 15 years. In that time I have seen lots of changes but nothing as exciting as the introduction of social media.
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About sandy miller

Sandy Miller has been helping clients with marketing and advertising projects for over 15 years. In that time I have seen lots of changes but nothing as exciting as the introduction of social media.
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