The Debate is Over
By WGU Team
Higher education should be the surest path to opportunity.ÌýInstead, it’s a risky pathÌýthat leads to success for some and financial straits for many others.ÌýIt’s time for accountability in higher education.
Our higher education system producesÌýÌýper year. It also producesÌý.ÌýWhy does this situation persist? In part, it’sÌýbecause we don’t ask institutions to do better for their students.ÌýWe don’t hold institutions accountable for outcomes.ÌýÌý
In fact,Ìýas a nation, we don’t even have robustÌýstrategies for collecting data on student outcomes,Ìýparticularly for non-traditional students.ÌýOutcomes data should be used to hold institutions accountable, but it should also be transparent to students. TheyÌýshouldÌýhave a sense ofÌýtheÌýjob and salaryÌýoutcomes they can expect prior to making major educational investment decisions.Ìý
Much of our public debate has focused on the cost of college—and indeed, it has become increasingly unaffordable. But we need to focus attention not just on the price, but on the product itself: too many studentsÌý, or with an education thatÌý.ÌýÌý
The “averageâ€� outcomes of college are troubling—40%Ìýof students don’t earn a bachelor’s degree within six years of enrolling—butÌýthe disparities along racial and class lines are unacceptable: minority student completion rates are far lower, and the burden of student loan defaultsÌý.Ìý
At WGU, weÌýmeasure our success by that of our students. We are focused on completion, return on investment, and equityÌýin access and attainment.ÌýWe have spent 24ÌýyearsÌýcreatingÌýand improving anÌýonline,Ìýcompetency-basedÌýeducationÌýmodel thatÌýopens clear pathways to career success and financial viability for our 124,500ÌýcurrentÌýstudents and more than 201,200 graduates.Ìý
Time to Degree. On average, WGU students earn their degrees inÌýtwo and a halfÌýyears compared to a national average of six years.
Cost of a Degree. WGU students pay, on average, $17,000 for a bachelor’s degree. The national average cost is $91,304.Ìý
Student Loan Default Rate. Thanks to WGU’s Responsible Borrowing Initiative, students graduate with half the debt of their national peers and areÌýhalf as likely to default on student loans.
An accessible, equitable, affordable higher education system that prepares students to succeed in the workforce is essential to our national competitiveness, and to the equality of opportunityÌýon which the American Dream rests.Ìý
Higher education policy should be centered around students.ÌýIt’s time to hold institutions accountable for student outcomes, and to make outcomes data transparent to students.Ìý