Episode 9 - The Data Reveals the Truth on Students' Return-on-Investment

Michael Itzkowitz is the guru of College Scorecard. While working for the Department of Education, he noticed that some institutions were providing degrees to their students, but weren’t leaving them with well-paying jobs or the ability to pay down their loans. In this episode, Dr. Jason Altmire talks with Michael about how his work now focuses on return-on-investment (ROI) and putting out information that helps ensure students get the best bang-for-their-buck.
Michael Itzkowitz is Senior Fellow of Higher Education at Third Way, a think tank focused on working across the aisle to reform policy on issues including education. Michael tells us how he came up with an ROI metric and how this metric determines the time it will take a student to recover their costs spent on higher education. Michael and Dr. Altmire also discuss how these ROI metrics compare across public and private sectors, where the data stands on cosmetology programs, and the surprising data Michael discovered on which schools are actually providing the best ROI to students.