But the second tsunami bearing down on higher education will be even bigger — informed choice on the part of students and parents.
For years we’ve asked students to make one of life’s most important decisions essentially blindfolded. We’ve told them a college degree is the surest path to success but have given them little guidance on where to go to college or what major to choose once they get there. As a result, too many students leave with a mountain of debt and a credential that isn’t worth much on the labor market. The new data will help equip students — and their parents — with the information necessary to avoid these costly mistakes in several ways.
First, the data will help guide students toward non-risky majors. Potential students will know that earning a Bachelor’s degree in Nursing is likely a safe choice, as there are 100 programs that pass GEE for every program that fails.
Second, the data will help students avoid risky programs within generally non-risky fields or colleges. Of the universities in the top 5 of the US News and World report college rankings, Harvard and Yale both had one program fail, and Columbia has 10 programs that fail. Helping students avoid these financial bad apples will help all students by keeping the pressure on individual academic programs, not allowing them to coast on a college’s (or field’s) reputation.