Washington Monthly - September/October 2016 - 115
performance and 6.67 percent for first-generation performance. We measured a college's affordability by using
data from IPEDS on the average net prices paid by firsttime, full-time, in-state students with family incomes below 75,000 per year over the last three years. We focused
on these income categories due to our interest in affordability for students from lower- to middle-income families. Net price counted for 20 percent of the social mobility score.
We have wanted to include more data on students'
economic outcomes for years, and now the College
Scorecard provides us with that opportunity. The first
metric we used compares the median earnings of a college's former students (graduates and dropouts alike) ten
years after initial enrollment to predicted earnings based
on the variables used to predict graduation rates, as well
as two other factors designed to take colleges' missions
and locations into account. We adjusted for a college's
mix of bachelor's degrees awarded, using STEM, education, business, health, social science, and liberal arts as
broad degree categories. We also adjusted for regional
living costs using fair market rent data from the Bureau
of Labor Statistics to account for the fact that 40,000 per
year in the rural South goes much farther than 40,000
per year in the Washington metropolitan area. This metric is worth 20 percent of the social mobility score.
The other new metric is a student loan repayment
rate, reflecting the percentage of students who paid
down at least 1 in principal within five years of leaving
college and entering repayment. We had previously used
data on the percentage of students defaulting on their
loans within three years of entering repayment, but the
repayment rate is a far better measure of students' economic circumstances. We use the raw repayment rate for
10 percent of the social mobility score and a regressionadjusted repayment rate (using the same predictors as
the graduation rate metric) for another 10 percent.
The research score for national universities is based
on five measurements: the total amount of an institution's research spending (from the Center for Measuring
University Performance and the National Science Foundation); the number of science and engineering PhDs
awarded by the university; the number of undergraduate
alumni who have gone on to receive a PhD in any subject,
relative to the size of the college; the number of faculty
receiving prestigious awards, relative to the number of
full-time faculty; and the number of faculty in the National Academies, relative to the number of full-time faculty.
For national universities, we weighted each of these components equally to determine a college's final score in the
category. For liberal arts colleges, master's universities,
and baccalaureate colleges, which do not have extensive
doctoral programs, science and engineering PhDs were
excluded and we gave double weight to the number of
alumni who go on to get PhDs. Faculty awards and National Academy membership were not included in the research score for these institutions because such data is
available for only a relative handful of these colleges.
We determined the community service score by
measuring each college's performance in four equally
weighted measures. We judged military service by collecting data on the size of each college's Air Force, Army,
and Navy ROTC programs and dividing by the number
of students. We similarly measured national service by
dividing the number of alumni currently serving in the
Peace Corps by total enrollment. The final two measures
are based on data reported to the Corporation for National and Community Service by colleges and universities in their applications for the President's Higher Education Community Service Honor Roll. One measure is the
percentage of federal work-study grant money spent on
community service projects. The second measure is more
complicated and includes the percent of students doing
community service, the number of hours of community
service per student, whether any staff were employed in
community service, if any service courses were offered,
or if the institution provides scholarships for community
service. Colleges that did not submit applications in a given year had no data and were given zeros on these measures. (Our advice to those colleges: If you care about service, believe you do a good job of promoting it, and want
the world to know, then fill out the application!) -Eds.
Serving is How We Learn
100% of our students engage in service learning or
volunteerism, from building houses to tutoring kids
to maintaining community gardens.
www.redlands.edu/serve
Washington Monthly
115
http://www.redlands.edu/serve
http://www.redlands.edu/serve
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