Department Launches College Affordability and Value Outreach Initiative Today – Starting with Student Advocates

President Obama

President Obama discusses his plan to make college more affordable during a speech at Henninger High School, in Syracuse, N.Y. Official White House photo.

We know a college degree is the best investment students can make in their future. But despite historic investments and reforms, attending college has never been more expensive. Too many young adults are burdened with debt as they seek to launch a career, start a family, buy a home or save for retirement – and too many students are afraid to pursue higher education because they think it’s too expensive.

The federal government provides over $150 billion each year to support students as they pursue postsecondary education – from public and private universities to community colleges to technical schools and online programs. Although choosing a college is one of the most important decisions that students face, clear and useful information about the cost and quality of different colleges is often hard to find.

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Road to College: Summer Tips for Rising Seniors

college arne quoteYes, soon-to-be high school seniors- your time has come! As you bask in the excitement of the upcoming year, set aside time this summer to lay the groundwork for a smooth college process. Trust me, you will be thankful you did later!

With all the information available for seniors, it’s essential for students and their families to take advantage of the tools that can help best inform you on taking the right path for secondary education.

Here are tips & tools from ED to get a head start this summer:

Tip: Search for the type of college that will best suit you. Narrow down the program, size, type, location, and tuition cost of colleges, this will help you zero in on a concise list of institutions to apply to come fall.

  • College ScorecardIncludes information about a particular college’s cost, its graduation rates and the average amount its students borrow. It is designed to help you compare colleges and choose one that is well-suited to your individual needs.

Tip: Research the tuition and fees of the institutions that top your college list. This will help give you and your family a clearer view of the potential cost of each institution right from the start of the college process.

  • College Affordability and Transparency Center: ED has compiled lists of institutions based on the tuition and fees and net prices (the price of attendance after considering all grant and scholarship aid) charged to students.

Tip: It is never too early to look for scholarships! Some deadlines are as early as a year before college starts, so take time this summer to research and begin applying for scholarships.

  • Federal Student Aid: There are thousands of scholarships, from all kinds of organizations; Federal Student Aid provides tips and resources to help you find scholarships you may be eligible for.

Kelsey Donohue works in the Office of Communication and Outreach at the U.S. Department of Education.

Duncan to Grads: Follow Your Passion

Duncan at Morgan State

Secretary of Education Arne Duncan delivered this year’s commencement speech at Morgan State University in Baltimore, Md.

Summer is here and as recent grads take time to pause and reflect on their tenure in higher education, many may wonder what they will do with the rest of their lives and how they will use their degrees.

Follow your passion and help others. This was the common theme in Secretary Arne Duncan’s four commencement speeches this spring.

At the Georgetown Public Policy Institute, Morgan State University, the College of the Menominee Nation, and Hostos Community College, the Secretary lauded athletic titles to academic championships.  He highlighted those that were the first in their families to graduate from college and at Morgan State University, touted the mother-daughter duo who earned their bachelors’ degrees on the same day.

“I did learn two valuable lessons in thinking about the future from my teachers, my family, and my mentors,” Duncan said at Morgan State University.

First, I learned the importance of following your passion — that your ability to adapt and be creative, to skillfully manage the inevitable uncertainty that would come, would, in large measure, determine one’s success in a knowledge-based, global economy…. Second, I learned I should strive to lead a life of consequence — to try to demonstrate my respect and gratitude to all those who had helped me growing up by working to help others.”

The Secretary expressed hope that graduates would run for school board, become teachers or tutor students so that they could positively affect their communities through education, regardless of the career path they take. He told graduates at the College of Menominee Nation that they were “a gift to [their] people,” but that with that gift came responsibilities and obligations to give back to one’s community.

He echoed this same call for action during his speech at Hostos Community College when speaking about the school’s namesake, Eugenio Maria de Hostos.

“For de Hostos, education was not just about getting a degree, it was about what you did with your degree,” said Duncan.

Duncan mentioned in more than one speech how the Obama Administration is committed to preserving investments in federal student aid and will continue to empower students and families through tools such as the College Scorecard and the Financial Aid Shopping Sheet.

Other tools include programs such as Income Based Repayment and Pay As You Earn that can cap federal student loan payments at ten percent of a student’s income, and Public Service Loan Forgiveness which forgives student loan debt after working in the public sector.

Below are links to Secretary Arne Duncan’s commencement speeches this spring:

Robert Gomez is the higher education and youth liaison at the Department of Education and a graduate of the University of California, Irvine

Steps Forward to Improving Quality and Strengthening Accreditation

Every student who wants the opportunity deserves a high-quality postsecondary education. For what? For lifelong success, not only in his or her educational pursuits, but for long-term success in the workforce, in civic life and – ultimately – for the personal and professional rewards that come from living a life of accomplishment, contribution, and satisfaction! At the U.S. Department of Education, we are keenly focused on how to use the various federal levers for change and improvement at our disposal to encourage successful student outcomes and improved educational performance, institutional, state-level and national. As the president has said, we all share responsibility to provide educational opportunity and value. The accreditation community is an important partner in this work and plays a key role both in assuring a basic level of quality and in improving quality.univeristy photo

While the United States has some of the world’s best postsecondary institutions, we also have too many that are of poor quality, with track records that give their students little chance of attaining the postsecondary credentials and preparation that they intended to earn—and that are so vital in today’s society and economy.  The College Scorecard that we introduced earlier this year highlights the differences among different institutions related to net price, degree completion and student debt repayment all too starkly. Making performance transparent is a lever we are using to highlight success and fix the most pressing of our problems.

But these indicators are only indicative of a part of educational performance.  We also need to know whether students are successfully achieving the level of learning they need for lifelong success in work, civic participation, and life.  And we need to ensure that high-quality learning is affordable.

President Obama and Secretary Duncan are strongly committed to strengthening collaboration for results with the nation’s diverse accreditation stakeholders to clarify, simplify and improve accreditation processes, with a more targeted, rigorous focus on value and affordability. When President Obama announced his proposals for the FY2014 budget, he called on the accreditation community to work with the Administration to:

“…consider value, affordability, and student outcomes in making determinations about which colleges and universities receive access to federal student aid, either by incorporating measures of value and affordability into the existing accreditation system; or by establishing a new, alternative system of accreditation that would provide pathways for higher education models and colleges to receive federal student aid based on performance and results.”

Responding to recommendations of the National Advisory Committee on Institutional Quality and Integrity (NACIQI), last week our Department announced its intention to strengthen and better focus the accrediting agency recognition process.  Eight regional and 47 national accrediting organizations seeking renewal of their recognition from the federal government will benefit from a streamlined review process, which will focus in more depth on about 25 of up to 93 criteria that are most relevant to assessing institutional quality and the quality of student learning. This will result in a better, more targeted process that is simpler and less burdensome for accrediting agencies, NACIQI and the federal government. It is our hope and expectation that these improvements will also enable the postsecondary institutions they accredit to focus additional time and effort on quality enhancement and value.

With the reauthorization of the Higher Education Act commencing next year, the Department is also eager to engage in broader conversations with the postsecondary education community and its stakeholders (e.g., students, families, businesses, non-profits, states, philanthropies, etc.) about proposals to improve the accreditation processes to increase quality—with particular attention to value and affordability.

If we define value as high quality at an affordable cost, how can we help to ensure that we achieve it?  We are looking to the accreditation community and stakeholders to help us understand and measure such concepts as “quality,” “affordability” and “value” in ways that honor and preserve the diversity of our postsecondary landscape, yet hold all of us accountable for learning and completion outcomes and their improvement. We need far more attention to qualitative and quantitative methods that can strengthen institutional quality and student learning outcomes.

This effort to strengthen the accreditation process is just one example of how the Department is working to improve quality, while also increasing access, affordability, and completion. We will also continue to address value by encouraging innovation, whether through new developments in competency-based education, new validation models that can demonstrate what students know and can do, new attention to the faculty role in high quality learning, and/or alternative accreditation systems designed to produce high quality student outcomes at an affordable price. Experimentation, innovation and reliable evidence must drive the effort to achieve better student outcomes, both in terms of completion and in terms of demonstrated achievement; thus the great need for more and better postsecondary R&D.

In the months ahead, we look forward to engaging in an ongoing and robust national dialogue with our partners and stakeholders about accreditation and other ways we can improve quality in America’s postsecondary education, with a far clearer understanding of, and focus on, value and affordability.

Martha J. Kanter is the Under Secretary of the U.S. Department of Education and David Soo is a Policy Advisor for the Office of the Under Secretary.

Finding the Right College For You – Tools & Resources from ED

If you are a high school senior who has yet to decide where you’re going to college this fall, you are most likely not alone. May 1st marks the National College Decision Day where the vast majority of U.S. colleges and universities require students to notify them of their decision to attend.

As you navigate the college decision process, the U.S. Department of Education provides tools for you and your family to make it easy to compare important information such as college costs, average student loan debt, and graduation rates across different institutions.

If you are a student or the parent of a college-bound teen struggling with this decision, here are a few tools that can help:

Federal Student Aid The College Scorecard

The College Scorecard includes essential information about a particular college’s cost, its graduation rates and the average amount its students borrow, all in an easy-to-read format. It is designed to help you compare colleges and choose one that is well-suited to your individual needs.

Net Price Calculator Center

Federal Student Aid

The Net Price Calculator Center provides an easy tool to explore the net price of any given college- that is, the price after subtracting the scholarships and grants you are likely to receive. Then, you can easily compare estimated net prices across the institutions that you are considering.

Financial Aid Shopping Sheet

Many colleges and universities have adapted a Shopping Sheet which will be included in your financial aid package. The Shopping Sheet provides personalized information on financial aid and net costs as well as general information on institutional outcomes- all in a standardized format. This tool provides an easy way to make clear comparisons among financial aid offers that you may receive.

FSA2

College Navigator

College Navigator is an interactive website that allows you to explore and compare features of different institutions, including programs and majors, admissions considerations, campus crime statistics and more.

For additional tips visit Federal Student Aid’s Choosing a School resources and follow @USEDGOV & @FAFSA on Twitter.

Now that you have the resources and the tools to pick the right college, you can let out a sigh of relief and show your campus pride with that coveted university sweatshirt. Congratulations!

Kelsey Donohue is a senior at Marist College (N.Y.), and an intern in ED’s Office of Communications and Outreach

Focus on Financial Empowerment This Month

President Obama has proclaimed April to be Financial Capability Month, and what better time to focus on the range of tools available to students and their families to make smart financial decisions around postsecondary education?

Piggy Bank ImageIn his proclamation, President Obama noted the new tools released by the Department of Education that give students and families clear, transparent information on college costs so they can make good choices when they invest in higher education. One of these tools—the College Scorecard—is part of President Obama’s continued efforts to hold colleges accountable for cost, value and quality. The Scorecard highlights key indicators about the cost and value of institutions across the country, helping students choose a school that is well-suited to meet their needs, is priced affordably, and is consistent with their educational and career goals.

The Obama administration has also simplified the FAFSA, the free application for federal student aid, which is the first step in determining eligibility for federal grants and loans. In addition, ED is empowering high school counselors and local leaders through the FAFSA Completion Project to help ensure that students get all of the aid for which they qualify by giving them a resource to monitor FAFSA completion rates of their students.

Furthermore, ED recently released a suite of new tools to help students and families make informed and wise decisions around college financial decisions.  The Financial Aid Shopping Sheet is an individualized financial aid award letter in a standardized format that helps students understand their costs and compare financial aid packages from different institutions so they can make smart decisions on investing in higher education. ED has also improved the financial education tools available to students, and within the last year we have revamped entrance and exit loan counseling and introduced a financial education tool for students in college.

President Obama has set a goal that the United States will once again lead the world in college completion. We will reach this goal only if we ensure that all students have the opportunity to access and complete postsecondary education—and are equipped to make the important financial decisions that will lead to a strong middle class. The US Department of Education stands committed to providing ladders of opportunity to make this a reality for all students, starting with sound financial knowledge and tools.

Martha Kanter is the Under Secretary of Education

New Tools for Student Loan Borrowers

Federal Student Aid image

Spring is here, college finals are looming, commencement speakers are being announced, and before long, a new group of college graduates will need to start thinking about paying back their student loans. Earlier this week, the Department of Education announced new tools that will help recent college grads better understand their loan debt and stay on track in repayment.

These two new features include a Complete Counseling Web page and a new Repayment Estimator that lets the borrower easily compare monthly payment options under the seven repayment plans available. Both tools are part of the Obama Administration’s ongoing effort to help students and families make informed and sound financial decisions throughout each step as they pursue their higher education goals.

During his State of the Union address in February, President Obama unveiled the new College Scorecard to help empower students and families with more transparent information about college costs and outcomes. The Scorecard provides clear, concise information on cost, graduation rates, loan default rates and the amount families borrowed for every degree-granting institution in the country. The College Scorecard, along with the resources from Federal Student Aid, will help students take the right steps, financially and academically, to achieve their college degree.

As many know, managing loans can often be confusing and overwhelming for college students, and we want to ensure that graduates have access to tools that will help them successfully navigate this process. We encourage federal student loan borrowers to log in at StudentLoans.gov to take advantage of these new resources today!


Click here for an alternate version of the video with an accessible player.

Kelsey Donohue is a senior at Marist College (N.Y.), and an intern in ED’s Office of Communications and Outreach

Obama Administration Launches College Scorecard

“… My administration will release a new “College Scorecard” that parents and students can use to compare schools based on a simple criteria — where you can get the most bang for your educational buck.” - President Obama, 2013 State of the Union

Example of Scorecard

The interactive College Scorecard gives students and families five key pieces of data about a college: costs, graduation rate, loan default rate, average amount borrowed, and employment.

Too often, students and their families don’t have the right tools to help them sort through the information they need to decide which college or university is right for them. The search can be overwhelming, and the information from different colleges can be hard to compare.

That’s why, today, our Administration released a “College Scorecard” that empowers families to make smart investments in higher education. As the President said last night, we want to help families get the most bang for their educational buck.

The College Scorecard – as part of President Obama’s continued efforts to hold colleges accountable for cost, value and quality – highlights key indicators about the cost and value of institutions across the country to help students choose a school that is well-suited to meet their needs, priced affordably, and is consistent with their educational and career goals.

The tool is interactive, so students can choose among any number of options based on their individual needs – including location, size, campus setting, and degree and major programs.

Each Scorecard includes five key pieces of data about a college: costs, graduation rate, loan default rate, average amount borrowed, and employment. These data will be updated periodically, and the Department plans to publish information on average earnings in the coming year.

Get started by visiting whitehouse.gov/scorecard.

Arne Duncan is U.S. Secretary of Education

Read more about President Obama’s State of the Union address

In State of the Union, Obama Outlines Bold Education Proposals to Grow the Middle Class

President Obama Delivers the State of the Union

Education was one of the main themes in President Obama's State of the Union address. Official White House photo by Pete Souza.

In a State of the Union address focused on growing a strong middle class, President Obama outlined a series of bold proposals that will increase access to high-quality education. Among them were initiatives to make quality early education accessible to every child, to tame the spiraling cost of college, and redesign the country’s high schools to meet the needs of the real world. The President called for a new College Scorecard to show parents and students “where you can get the most bang for your educational buck.”

These proposals complemented other efforts to strengthen the middle class, including calls to raise the minimum wage and reform immigration. Education was one of the major themes of the President’s annual speech delivered to Congress and the country.

Educators and students were also well represented as guests to First Lady Michelle Obama. Here are the education excerpts from the speech:

Early Learning

Study after study shows that the sooner a child begins learning, the better he or she does down the road.  But today, fewer than 3 in 10 four year-olds are enrolled in a high-quality preschool program.  Most middle-class parents can’t afford a few hundred bucks a week for private preschool.  And for poor kids who need help the most, this lack of access to preschool education can shadow them for the rest of their lives.

Tonight, I propose working with states to make high-quality preschool available to every child in America. Every dollar we invest in high-quality early education can save more than seven dollars later on – by boosting graduation rates, reducing teen pregnancy, even reducing violent crime.

In states that make it a priority to educate our youngest children, like Georgia or Oklahoma, studies show students grow up more likely to read and do math at grade level, graduate high school, hold a job, and form more stable families of their own.  So let’s do what works, and make sure none of our children start the race of life already behind. Let’s give our kids that chance.

Building the Skills that Lead to High-Quality, High-Wage Jobs

Let’s also make sure that a high school diploma puts our kids on a path to a good job.  Right now, countries like Germany focus on graduating their high school students with the equivalent of a technical degree from one of our community colleges, so that they’re ready for a job.  At schools like P-Tech in Brooklyn, a collaboration between New York Public Schools, the City University of New York, and IBM, students will graduate with a high school diploma and an associate degree in computers or engineering.

In the President’s Plan for a Strong Middle Class & A Strong America, released in conjunction with the address, the President is calling on Congress to commit new resources to create a STEM Master Teacher Corps, enlisting 10,000 of America’s best science and math teachers to improve STEM education. The President continued by saying,

Four years ago, we started Race to the Top – a competition that convinced almost every state to develop smarter curricula and higher standards, for about 1 percent of what we spend on education each year.  Tonight, I’m announcing a new challenge to redesign America’s high schools so they better equip graduates for the demands of a high-tech economy.

We’ll reward schools that develop new partnerships with colleges and employers, and create classes that focus on science, technology, engineering, and math – the skills today’s employers are looking for to fill jobs right now and in the future.

Holding Colleges Accountable for Cost, Value and Quality

Now, even with better high schools, most young people will need some higher education. It’s a simple fact: the more education you have, the more likely you are to have a job and work your way into the middle class.  But today, skyrocketing costs price way too many young people out of a higher education, or saddle them with unsustainable debt.

Through tax credits, grants, and better loans, we have made college more affordable for millions of students and families over the last few years.  But taxpayers cannot continue to subsidize the soaring cost of higher education.  Colleges must do their part to keep costs down, and it’s our job to make sure they do.

Tonight, I ask Congress to change the Higher Education Act, so that affordability and value are included in determining which colleges receive certain types of federal aid.  And tomorrow, my Administration will release a new “College Scorecard” that parents and students can use to compare schools based on a simple criteria: where you can get the most bang for your educational buck.

Rebuilding our Schools

The President also proposed a “Fix-It-First” program that would focus on urgent infrastructure repairs, which included schools.

And to make sure taxpayers don’t shoulder the whole burden, I’m also proposing a Partnership to Rebuild America that attracts private capital to upgrade what our businesses need most: modern ports to move our goods; modern pipelines to withstand a storm; modern schools worthy of our children.

Read, watch and share your “Citizen Response” to the State of the Union address, and read the President’s Plan for a Strong Middle Class & a Strong America.

Cameron Brenchley is director of digital strategy at the U.S. Department of Education