Today, the Department of Education updated some of the data on the College Scorecard. In addition to providing the latest data on postsecondary institutions that are currently operating, institutional accrediting agencies, and institutions that the Department has placed on a heightened monitoring status, we :updated repayment rate data on the College Scorecard, as well as the Financial Aid Shopping Sheet Institutional Metric Data attachment from the November 14, 2016 Electronic Announcement.
Since the Department first published College Scorecard data, we have continued looking closely at all metrics and have considered feedback from institutions and other experts. As part of that review, the Department found a coding error in the calculations for repayment rates that we are correcting today.