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Learn the significance of meaningful information in educational settings and how to develop key measures for improved operations and performance. Explore various trending accountability and performance measures like College Scorecard, Complete College America, post-completion wages analysis, and more.
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Reporting and Data Tools – Generating Meaningful Information Tom Babel Vice President, Regulatory Affairs DeVry Education Group
What is Meaningful Information? • Trending Accountability & Performance Measures that will impact all of us. • Developing Key Measures to help contextualize the public information • Developing Key Measures to help drive Operations for performance
Trending Accountability & Performance Measures College Scorecard • Net Price • Graduation Rate • Loan Default Rate • Borrowing • Employment
Trending Accountability & Performance Measures Complete College America • Primarily focused on increasing completions in state universities and community colleges • Performance funding • Corequisite remediation • Full-time enrollment • Structured schedules • Guided pathways • Alliance of States: 34 members
Trending Accountability & Performance Measures VirginiaPost-Completion Wages of Graduates • By program, by institution • # Graduates • % enrolled in higher program in VA • % employed full-time in VA • % employed part-time in VA • Median wages
Trending Accountability & Performance Measures The Education Trust: College Results Online • Peer group rankings • Graduation rate • Costs • Demographics
Trending Accountability & Performance Measures College Measures • Institutional Rankings: Strategic Measures • Graduation Rate • First-year retention Rate • Cost per student (FTE) • Cost per degree • Cost of Attrition • Student loan default rate • Loan payment to earnings ratio
Trending Accountability & Performance Measures California Community Colleges: Salary Surfer • Median annual salary by program by college • 2 years before enrollment • 2 years after completion • 5 years after completion
Contextualizing Information • Risk-adjusted performance measures
Contextualizing Information • Risk-adjusted performance measures • Actual performance against predicted performance
Contextualizing Information • Risk-adjusted performance measures • Actual performance against predicted performance • Expanding time and population
Data Sources • Earnings by School: • State Unemployment databases • Federal Social Security System • Earnings by Profession: • Bureau of Labor Statistics: www.bls.gov/oes/ • Completion Rates: • NCES:
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