Reporting and Data Tools – Generating Meaningful Information Tom Babel Vice President, Regulatory Affairs DeVry Education Group.

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Presentation transcript:

Reporting and Data Tools – Generating Meaningful Information Tom Babel Vice President, Regulatory Affairs DeVry Education Group

What is Meaningful Information? Trending Accountability & Performance Measures that will impact all of us. Developing Key Measures to help contextualize the public information Developing Key Measures to help drive Operations for performance

Trending Accountability & Performance Measures College Scorecard – Net Price – Graduation Rate – Loan Default Rate – Borrowing – Employment

Trending Accountability & Performance Measures Complete College America – Primarily focused on increasing completions in state universities and community colleges Performance funding Corequisite remediation Full-time enrollment Structured schedules Guided pathways – Alliance of States: 34 members

Trending Accountability & Performance Measures VirginiaVirginia Post-Completion Wages of Graduates – By program, by institution – # Graduates – % enrolled in higher program in VA – % employed full-time in VA – % employed part-time in VA – Median wages

Trending Accountability & Performance Measures The Education TrustThe Education Trust: College Results Online – Peer group rankings – Graduation rate – Costs – Demographics

Trending Accountability & Performance Measures College Measures – Institutional Rankings: Strategic Measures Graduation Rate First-year retention Rate Cost per student (FTE) Cost per degree Cost of Attrition Student loan default rate Loan payment to earnings ratio

Trending Accountability & Performance Measures California Community Colleges: Salary SurferSalary Surfer Median annual salary by program by college – 2 years before enrollment – 2 years after completion – 5 years after completion

Contextualizing Information Risk-adjusted performance measures Risk-adjusted

Contextualizing Information Risk-adjusted performance measures Risk-adjusted Actual performance against predicted performancepredicted

Contextualizing Information Risk-adjusted performance measures Risk-adjusted Actual performance against predicted performancepredicted Expanding time and populationtime

Data Sources Earnings by School: – State Unemployment databases – Federal Social Security System Earnings by Profession: – Bureau of Labor Statistics: Bureau of Labor Statistics Completion Rates: – NCES: NCES

Operational Measures

Credit Balance

Operational Measures

Withdrawals 13/14 Open Items % of Open Open Items Within SLANot in SLAItems in SLA Workflow Tasks30 Calendar Days24,22210/03/1324, % EOT30 Calendar Days610/07/ % GRAD30 Calendar Days % Reinstated30 Calendar Days13, , % LTHT30 Calendar Days91010/03/ % Cancel - New30 Calendar Days1,59010/03/131, % Cancel - Other30 Calendar Days1,79510/03/131, % MidTerm30 Calendar Days5,77010/03/135, % LDA30 Calendar Days1210/04/ % Reinstated - LTHT30 Calendar Days % NSLDS Overpayment Notifications7 Calendar Days1411/25/ % Withdrawals-Ccodes cleared/verified report30 Calendar Days5410/30/ % Perkins Loan Counseling Report30 Calendar Days---- N/A Missing Loan Counseling Report - Direct Loans7 Calendar Days---- N/A Total24,27610/3/201324,2900

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