Behind the Bumper Sticker: Repayment Rates
With a possible reauthorization of the Higher Education Act (HEA) on the horizon, there’s a big focus on making sure all students in our higher education system see a return on their investment. One proposed option for measuring this ROI is to look at the repayment rates of borrowers to determine if schools or programs set most of their students up to start making payments on their loans within a few years of leaving school.
And while this might sound like an easy fix at first glance, there are still a number of questions surrounding whether and how repayment rates could be used as a measure of student success. How should repayment rates be calculated? What exactly should count as “repayment”? Should we look at repayment rates by school or by program? Should they supplement or supplant other existing metrics like Cohort Default Rate? And how might we anticipate and avoid unintended consequences of using a repayment metric?
To find out the answers to these questions and more, join Third Way onTuesday, December 10th, from 12:00 to 1:30pm at the Capitol Visitors Center (208-209) for the seventh installment of our "Behind the Bumper Sticker" event series, which aims to illuminate the complexities of some of higher ed’s most popular taglines. Our conversation will be moderated by Lanae Erickson, Senior Vice President of Social Policy & Politics at Third Way. Our esteemed panelists include:
- Emily Bouck West, Deputy Executive Director at Higher Learning Advocates,
- Victoria Jackson, Senior Policy Analyst for Higher Education at The Education Trust, and
- Dr. T. Austin Lacy, Senior Research Education Analyst at RTI International.
Lunch will be provided.