Time – Kim Clark
“To help students better compare colleges, the federal government this morning launched a revamped College Scorecard website. Among other features, the site will publish earnings for federal aid recipients from every college in the country. The new data will include the median earnings of students who started at each school 10 years ago, whether or not they finished, and the percentage of recent graduates who are able to pay off their loans. As colleges costs and borrowing have become critical issues for more families, “students deserve to know how their investment of resources and hard work is going to pay off. And taxpayers deserve to know whether they are investing in schools that deliver good value,” said Education Secretary Arne Duncan at a Friday night press conference.”(more)