2016-2017 College Track Annual Report 2016-17 CT Annual Report Digital Pages | Page 12

Alumni Outcomes We believe that a college degree unlocks the potential of every student and leads to a successful career with financial security. To that end, we survey our graduates to gain more insight into this assumption and to discover which support services correlate with more successful career outcomes. We measure our students’ upward social mobility—the ability to earn more money than their parents—because equity matters, both in education and in the working world. 3/4 of our college graduates have less than $30,000 in loans 4 STEPS TO INCREASE THE VALUE OF A COLLEGE DEGREE After examining our graduates’ outcomes, we identified four concrete steps students can take to increase the value of their college degree. Overall, our results highlight the importance of addressing the academic, financial, and social-emotional pressure that can prevent students from graduating. 12 STEP 1 LOANS Borrow less than $30,000 There is a dollar threshold where loan debt creates too much financial pressure. Grad- uates who borrow more than $30,000 default and defer at considerably higher rates.