When President Obama announced the release of a new federal College Scorecard in his weekly address on Saturday, he said the website would give Americans "access to reliable data on every institution of higher education."
"You’ll be able to see how much each school’s graduates earn, how much debt they graduate with, and what percentage of a school’s students can pay back their loans," he said.
But prospective students who turn to the revamped tool to estimate their future earnings probably won’t get a realistic sense of what they can expect to make after graduating. And if they’re checking out state websites with wage data as well, they’re likely to end up more confused than enlightened.
Read more at The Chronicle of Higher Education: http://chronicle.com/article/How-Much-Will-I-Make-After/233111