U. of Texas Unveils a New Tool for Judging a Degree’s Worth

The University of Texas system is posting a new online database on Thursday where current and prospective students can compare the salaries, student-loan debts, and job prospects for people in hundreds of majors and occupations.

The seekUT website has data on 68,000 alumni who graduated from 2007 to 2011 and remained in Texas. It includes how much they were earning one and five years after receiving their bachelor’s degrees and how much they owed. It also gives students a glimpse of which fields are growing, and where.

The website, which the university hopes will become a national model, evolved from recommendations of a student task force looking at ways to reduce loan debt.

It responds to a crescendo of calls for proof that higher education delivers a strong return on investment. Groups such as College Measures have also studied how different majors affect earnings in several states. <Read more.>

Via Katherine Mangan, The Chronicle of Higher Education.