Economic Success Measures - Arkansas

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Methodology

Methodology

Setting a Cohort
In this report we combine five years of data into one cohort, and label the cohort with the most recent year of data. For example, the 2009-10 cohort, which is the most recent cohort with complete unemployment insurance data and which we use as the primary cohort in our report, includes students graduating from 2005-06 through 2009-10.
 
Number of Completers
The total number of students who graduated from the program in the cohort.
 
Average First-Year Earnings
The average of the earnings from quarters three through six after graduation of students in the cohort.
 
Number of Above-Average Earners
The number of completers in the cohort for a given program with first-year wages above the average wage of the cohort for that program.
 
Number of Completers with Wage Data
This is the number of completers in the cohort with earnings data above the minimum wage threshold. The minimum wage threshold is set at $13,195/year which represents 52 weeks of employment at 35 hours per week at $7.25/hour.
 
Number of Completers with Any Wage Data
This is the number of completers in the cohort reporting any earnings.
 
Area of Study, Area of Study (CIP) Code, Program
The Area of Study, Area of Study (CIP) Code, and Program refer to the Classification of Instructional Program developed and maintained by the U.S. Department of Education's National Center for Education Statistics (NCES). According to NCES, “The Classification of Instructional Programs (CIP) provides a taxonomic scheme that supports the accurate tracking and reporting of fields of study and program completions activity. CIP was originally developed by the U.S. Department of Education's National Center for Education Statistics (NCES) in 1980, with revisions occurring in 1985, 1990, 2000, and 2010.” For more information about CIP codes, please visit NCES’s website: http://nces.ed.gov/ipeds/cipcode/

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