U.S. Department of Education Creates One Set of Metrics for All Programs and All Students in Higher Education

"This proposal represents the most significant action by any U.S. Department of Education to provide complete transparency on the outcomes of today’s higher education programs. By making available, in a student friendly and transparent manner, key data points on debt, loan repayment, completion, and earnings of graduates, the Department will empower prospective students with the information needed to select their preferred academic and career preparation pathway…
"What the Department has put forth creates a single standard for measuring program quality. This standard is universally fair and applies to all students and all programs…
"This could be the most significant consumer protection for all college students in all colleges and all programs. When fully implemented every student and every prospective student in America will know what to expect from the programs they are considering at any college or university…
"With universally recognized metrics we can begin to look at minimum standards for outcomes at all schools.