Walsh College

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Monday, April 17, 2017 - Walsh College Displays Degree Value, Student Loan Discipline on Two National Measurements

A report issued by the U.S. Department of Education highlights two of the goals that Walsh College takes great pride in achieving: maintaining the high market value of its undergraduate education and instilling the concepts of fiscal responsibility.

According to the recent U.S. Department of Education College Scorecard, Walsh undergraduates earned $55,700 on average in post-graduation salary. For the second consecutive year, Walsh placed fourth among the 52 colleges in Michigan that offer bachelor degrees and was the only business school in the group.

Walsh graduates have also proven that they have learned sound fiscal lessons, as the U.S. Department of Education reported that Walsh’s 2013 three-year national cohort-default rate for loans was just 2.1 percent, well below the national average default rate of 11.3 percent and the state of Michigan average of 11.8 percent.

The College Scorecard (www.collegescorecard.ed.gov) is an interactive web tool that was initially released in September 2015. It includes five key pieces of data about a college: average annual costs, retention and graduation rates, average salary after attending, loan repayment, and average loan debt.

It also highlights key indicators about the cost and value of institutions across the country to help students choose a school that is well-suited to meet their needs, is priced affordably, and is consistent with their educational and career goals. Students and families use the options to make selections based on their individual needs, including location, size, campus setting, and degree and major programs.

“The College Scorecard reflects the mission of Walsh College, which is to provide our students with the relevant, well-rounded business education necessary in today’s business environment,” said Walsh College President and CEO Stephanie Bergeron. “Employers recognize that our students are prepared for the rigors of the business world the day they graduate, and that makes them more valuable.”

“In addition, we can see the discipline in our students through our low loan default rate, as noted by the U.S. Department of Education. Their ability to manage their financial affairs will serve them well as they continue in their business careers,” she added.