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ERIC Number: ED622205
Record Type: Non-Journal
Publication Date: 2021-Jun
Pages: 24
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
Higher Education Performance and Accountability: Insights from a New Visualization Tool
Restrepo, Leonardo; Turner, Lesley J.
Brookings Institution
The authors have developed a visualization tool to assist higher education stakeholders in exploring options in higher education performance and accountability. The tool allows users to visualize quickly differences between programs and institutions along a number of dimensions. This report draws five insights from the visualization tool: (1) Undergraduate certificate program earnings and loan repayment outcomes vary substantially, both across and within fields and credential levels; (2) Many programs that provide students with positive economic outcomes are located in schools with poor overall loan repayment; (3) Public Minority Serving Institutions (MSIs) have similar loan repayment and earnings outcomes as other public institutions, but nonprofit MSIs are twice as likely to have negative loan repayment and net earnings than nonprofit institutions as a whole; (4) Students who attend institutions that spend more on instruction have better loan repayment and earnings outcomes, but the ratio of instructional spending to collected tuition revenue is not correlated with students' post-college success; and (5) While there is a negative correlation between Income-Driven Repayment (IDR) and loan repayment (measured by the share of borrowers reducing their balances or the cohort's reduction in its aggregate balance), the IDR take-up rate does not explain all the variation in loan repayment. Other factors affect loan repayment rates. Indeed, borrowers in many institutions with high IDR take up are making progress repaying their loans. [This report was produced by the Hutchins Center on Fiscal & Monetary Policy at Brookings.]
Brookings Institution. 1775 Massachusetts Avenue NW, Washington, DC 20036. Tel: 202-797-6000; Fax: 202-797-6004; e-mail: webmaster@brookings.edu; Web site: http://www.brookings.edu
Publication Type: Reports - Descriptive; Numerical/Quantitative Data
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: Arnold Ventures
Authoring Institution: Brookings Institution
Grant or Contract Numbers: N/A
Author Affiliations: N/A