Trying to pick a college? Or just wondering how your alma mater measures up to the competition? The U.S. Department of Education has a new, robust site that can tell you how American schools rank based on quality and costs for each program.
It's called College Scorecard, and you can check it out by clicking here. If you're looking for a college, you can search the database by the program you want to study, the location, the size of school you'd like to attend, whether you're looking for a public or private school and a few other options.
If you've got one in mind already, or are checking out your former institute of higher learning, it'll tell you how many undergrads are there, the average annual cost, graduation rate and average salary after attending the school. The page also contains useful information, like "on average, college graduates earn $1 million more over their lifetimes than high school graduates."
There are tools for applying for financial aid and information about Pell grants on the site as well. And it also has handy lists, like "23 four-year schools with low costs that lead to high incomes," and "30 four-year schools with high graduation rates and low costs." Whether you're heading back to school (the site notes that "30% of college students started college at age 25 or older") or have kids or grandkids shopping for a college, the College Scorecard is an indispensable tool.