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CSU, Chico Rates Highly on College Scorecard Website
FOR IMMEDIATE RELEASE
In the categories evaluating cost, graduation rate, student loan default rate and level of student loan borrowing, CSU, Chico was the only CSU or University of California campus – and perhaps the only California school – to receive the best score possible.
CSU, Chico’s average net price for undergraduate in-state students, $11,276, was ranked in the low category for costs; the University ranked in the high level for six-year graduation rates, at 59 percent; in loan default rates (5.8 percent) and federal loan borrowing ($163 a month), CSU, Chico students were in the desirable low range.
In the fifth category listed on the College Scorecard, employment for graduates, no rating data has yet been posted. In a leading survey of alumni earnings, conducted by Payscale.com, CSU, Chico ranks in the top 15 percent of all public universities for graduates’ starting and mid-career salaries. The Payscale.com data is at http://www.payscale.com/college-salary-report-2013/full-list-of-schools.
The College Scorecard site, part of the Department of Education’s College Affordability and Transparency Center, was launched following President Obama ’s 2013 State of the Union Address and has data on every degree-granting institution in the United States. The College Scorecard is at http://collegecost.ed.gov/scorecard/index.aspx.
“The College Scorecard emphasizes the promise of the California Master Plan for Higher Education: low cost, access and quality,” said CSU, Chico President Paul J. Zingg. “Its findings demonstrate that we are staying true to that promise at Chico State: our students graduate, their education has prepared them for gainful employment, and their educational costs have been moderate without deep debt accompanying their lives after leaving us."
“The Scorecard testifies to how we put student learning and degree progress at the forefront of our work,” he added. “Ongoing efforts, such as strengthening a four-year degree culture and fostering a greater sense of individual and community wellness, reflect values that underscore the gratifying marks in the Scorecard.”
President Zingg addresses accountability in higher education and CSU, Chico’s successful performance indicators in a column this week in Inside Chico State, the campus faculty-staff newsletter, which is available at http://www.csuchico.edu/inside/2013-04-25/presidents-desk.shtml.
In addition to the College Scorecard, an extensive range of data comparing CSU, Chico with other universities is available on the College Portrait website. The site was created by the Voluntary System of Accountability (VSA) project, which has 300 participating colleges and universities including Chico and other CSU campuses. CSU, Chico’s site http://www.collegeportraits.org/CA/Chico is linked from the University’s home page.
Like the College Scorecard, the College Portrait website is designed to be a tool for prospective students and families as well as a source of institutional information for school counselors, policy makers and the general public.