Department of Education releases new alumni earnings data
Nahrie ChungIn a newly revamped “College Scorecard” website, the Department of Education has published an unprecedented set of federal data that reveals how much students who receive financial loans and grants end up earning after graduation. While median earnings among the nation’s elite universities vary, the typical Ivy League graduate who entered college in 2001 or 2002 makes at least twice as much as the typical graduate from other colleges. White House officials claim this new information will help prospective students and their families make better evaluations of the return on investment for a college education, according to a policy paper on the College Scorecard Data webpage.