There is no mistaking the value of a college degree, but the data clearly show that the outcome also depends on individual choice — where students go to school, what they study, how long it takes them to graduate and how much debt they incur. Hoosiers also benefit from understanding which degree programs offer direct paths to specific professions versus those programs that may require more research, planning or advanced education to determine a career pathway.
Beyond future earnings, students should also consider other factors, such as personal interest, career development potential and value to society when selecting an area of study. Harder to quantify but no less important, these factors underscore the importance of purposeful planning, proactive college advising and effective career counseling.
Our goal — with the new “Return on Investment” report and through other ongoing efforts — is to present students and families with the facts, equipping more Hoosiers to complete college, maximize their return on investment, and achieve the passport to opportunity that a higher education provides.
Teresa Lubbers is Indiana Commissioner for Higher Education.