American College of Education Supports Reduced Graduate Program Costs and Enhanced Transparency

American College of Education (ACE), a leader in online education, endorses a Georgetown University report advocating for lowered graduate tuition and increased transparency in educational debt and earnings. The report highlights the financial risks linked to obtaining graduate degrees, particularly within the education sector.

The report, "Graduate Degrees: Risky and Unequal Paths to the Top," emphasizes the tripling costs of graduate education over two decades, with student debt rising to $50,000. Despite graduates earning more, rising tuition undermines their financial advantage.

ACE supports measures like the "in-field earnings premium test" and a "debt-to-earnings test" to provide substantial ROI on education investments. ACE also proposes a five-year tuition freeze without compromising educational quality, leveraging technology and cutting non-essential costs.

Hyland, ACE's CEO, stresses the need for these steps to make graduate education more affordable and accessible, enhancing career advancement opportunities for educators.