Median Risk-Sharing Payments by Program

A premium newsletter bonus: viewing Master's and Undergrad median results across programs

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In Monday’s post (was it really just a few days ago?), I noted that the House Risk-Sharing proposal was financially important, even if the aggregate impact was not.

Let me state up front, just because the aggregate budget impact is small, that doesn’t mean that the House Risk-Sharing proposal wouldn’t have a big impact. First, institutions individually would have big budget impacts, possibly losing or gaining tens of millions of dollars. The aggregation can hide that dynamic. Second, colleges and universities would face a direct financial impact on program net price, the level of student debt non-payment, and the earnings of both program completers and non-completers.

I should add that there is another way to slice the data - by program or academic major. Just as individual institutions would have big budget impacts, so would individual programs across all institutions.

I plan to do some additional analysis on this (and may share in front of the paywall next week), but for our premium subscribers I’d like to share the initial charts. And I’d welcome your feedback and questions. And perhaps as importantly, your requests (hey Phil, could you share this view with this breakdown, or for this subset of programs, or changing this variable for that, etc).

The first view is for master’s programs across all institutions where the total number of graduates per year nationwide is 5,000 or greater. The metrics are median annual risk-sharing payments per institution per program and median total program price per institution per program.

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