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Reporting and Data Tools – Generating Meaningful Information. Tom Babel Vice President, Regulatory Affairs DeVry Education Group. What is M eaningful Information?. Trending Accountability & Performance Measures that will impact all of us.
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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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