The U.S. Department of Education has released a new version of the College Scorecard, offering a free trove of data to help parents and their high school student make a more informed decision when selecting a college.
The scorecard provides detailed information on thousands of colleges and universities, spotlighting the average cost to attend a college, average accumulated debt at graduation, and students’ future earnings power, based on their academic degree.
While the scorecard provides a lot of data to dig through, the tool does have some shortcomings. Several higher education experts said the website doesn’t provide enough data and options for sorting and filtering the schools. It also doesn’t take into account campus culture or the quality of teaching in a given major.
Ninety-four Missouri schools are included in the scorecard.
The Missouri University of Science and Technology — the state’s engineering college in Rolla — has the highest 10-year salary in the region at $65,500. Washington University in St. Louis comes in at a close second with an average salary of $62,300.
At some Missouri schools, the value of a degree is questionable. For example, at Stevens Institute of Business and Arts in St. Louis, students pay $19,259 per year to earn $26,200 after leaving — just slightly above the $25,000 average for high school grads.