By MyBankTracker  Tue Feb 12, 2013

Should Colleges Disclose Average Post-Grad Salaries?

Two senators seem to think so. Senators Ron Wyden and Marco Rubio will be reintroducing a bill that will “require states to make more accessible the average salaries of colleges’ graduates,” reports the Wall Street Journal.

This requirement will allow high school students to get a better sense of the yearly average salaries earned, divided by major.

High-school seniors now trying to decide which college to attend next fall are awash with information about costs, from dorm rooms to meal plans. But there is almost no easy way to tell what graduates at specific schools earn—or how many found jobs in their chosen field. Supporters say more transparency is needed as students graduate deeper in debt and enter the rocky job market.

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