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College should be the surest pathway to opportunity. And yet for the million students who default on their student loans each year, it is also a pathway to financial instability. One of the key indicators of whether institutions are leading students toward success or misfortune is the cohort default rate (CDR) – a measure of a school's federal student loan borrowers who entered repayment during the fiscal year and defaulted within three years after entering repayment.

and was consistently half the national average, reflecting a concerted effort to provide a career-oriented educational experience and to assist students as they make thoughtful decisions about student loans. 

Â鶹ԭ´´Â was founded on the premise that affordable access to workforce-relevant higher education intrinsically enables students to borrow less while achieving better outcomes. The first critical factor in driving Â鶹ԭ´´â€™s strong student outcomes is affordability. The average cost to a bachelor’s degree at Â鶹ԭ´´ is less than $17,000 relative to a national average of $90,000. 

Second, in 2013, the university launched its Responsible Borrowing Initiative (RBI), a personalized student advising program aimed at encouraging students to borrow only what they need, not what they are eligible for. Since then, the average borrowing per student (among undergraduates who choose to take out loans) has decreased by 32%—a big factor in the reduction of Â鶹ԭ´´ students’ debt at graduation. 

Third, Â鶹ԭ´´â€™s efforts to embed workforce-relevant skills and competencies into the curriculum have paid off for students. In a 2018 survey of graduates by Harris Poll Online, Â鶹ԭ´´ graduates reported an average increase in salary of $18,400 within four years of graduation, compared to an average of $12,400 among other universities in the U.S. 

Â鶹ԭ´´ is an innovative, non-traditional institution of higher education whose students are achieving better-than-average outcomes in a system designed around tradition. By continuing to expand student-centric, personalized pathways to higher education, we can ensure that every learner obtains an affordable degree or credential, reducing their likelihood of default. 

Check out Â鶹ԭ´´â€™s policy playbook to learn more about our approaches to affordable learning options, and come back often to the Â鶹ԭ´´ Advocate blog to stay up to date on the latest in higher ed. 

Â鶹ԭ´´ partners with community leaders, policymakers, and fellow educators to lead innovation in higher education and create accessible, affordable pathways to workforce-relevant degree and credentialing programs. To find out about opportunities to join us, contact governmentrelations@wgu.edu.