Chat
Chat with Sales Hours: Monday-Friday 8:30 a.m. - 4:30 p.m. (CST)
Contact Sales
Call Sales Toll-Free 1-(866) 774-3282 Hours: Monday-Friday 7 a.m. - 5 p.m. (CST)
Product Login
Product Log-in
Product Support
Product Support
Email Sales
Contact Sales
After Hours
  • Support
  • Sign In Sign In
  • AUS NZ UK
CoreLogic - Home
  • Solutions
    view solutions by:

    Data Solutions

    • Lead Generation
    • Property Data
    • Location Intelligence

    Real Estate

    • Multiple Listing Enterprise
    • Agent & Broker

    Mortgage

    • Origination
    • Servicing
    • Appraisal
    • Commercial Property Tax

    Insurance

    • Hazard Risk
    • Catastrophe Risk Management
    • Risk Evaluation
    • Underwriting Automation
    • Weather
    • Claims Automation
    • Restoration
    • INTRCONNECT

    Mortgage Lenders

    • Origination

    Mortgage Servicers

    • Residential Property Tax
    • Default & Loss Mitigation
    • Portfolio Insight & Monitoring

    Mortgage Appraisers

    • Appraisal

    Real Estate Agents & Brokers

    • Agents & Brokers

    Real Estate MLS

    • Multiple Listing Enterprises

    Commercial Real Estate Owners

    • Commercial Property Tax

    Marketing Departments

    • Property Data

    Insurance Underwriters

    • Risk Evaluation
    • Underwriting Automation
    • Hazard Risk
    • Catastrophe Risk Management

    Insurance Risk Managers

    • Risk Evaluation
    • Hazard Risk
    • Catastrophe Risk Management

    Insurance Claims

    • Claims Automation
    • Restoration Contractors
    • Weather Verification

    Construction Contractors

    • Restoration Contractors

    General

    • Location Intelligence
    • Lead Generation
    • Data Solutions
  • Resources

    Reports

    • Climate Change
    • Construction Cost Update
    • Construction Insights
    • Home Price Insights
    • Homeowner Equity Insights
    • Loan Performance Insight
    • Mortgage Fraud
    • Property Tax Delinquency
    • Single-Family Rent Index

    Insight Blogs

    • Hazard HQ
    • Office of Chief Economist
    • Affordable Housing
    • Homebuying
    • Insurance
    • Other Articles

    More Resources

    • Events
    • Case Studies
    • White Papers
    • Podcasts
    • Quick Takes
  • Company
    • About
    • Leadership
    • Newsroom
    • Contact
    • Careers
  • Search
CoreLogic - Home
  • Solutions
  • Resources
  • Company

    • About
    • Leadership
    • Newsroom
    • Contact
    • Careers
  • Accounts

    • Products Sign-in
  • Contact

    • Sales Contact
    • Product Support
  • Regions

    • Australia
    • New Zealand
    • United Kingdom
  • Social

    • Facebook
    • Instagram
    • Linkedin
    • Twitter
    • Youtube
Solutions
VIEW BY:
  • Data Solutions

    • Lead Generation
    • Property Data
    • Location Intelligence
  • Real Estate

    • Multiple Listing Enterprise
    • Agent & Broker
  • Mortgage

    • Origination
    • Servicing
    • Appraisal
    • Commercial Property Tax
  • Insurance

    • Hazard Risk
    • Catastrophe Risk Management
    • Risk Evaluation
    • Underwriting Automation
    • Weather
    • Claims Automation
    • Restoration
    • INTRCONNECT
  • Mortgage Lenders

    • Origination
  • Mortgage Servicers

    • Residential Property Tax
    • Default & Loss Mitigation
    • Portfolio Insight & Monitoring
  • Mortgage Appraisers

    • Appraisal
  • Real Estate Agents & Brokers

    • Agents & Brokers
  • Real Estate MLS

    • Multiple Listing Enterprises
  • Commercial Real Estate Owners

    • Commercial Property Tax
  • Marketing Departments

    • Property Data
  • Insurance Underwriters

    • Risk Evaluation
    • Underwriting Automation
    • Hazard Risk
    • Catastrophe Risk Management
  • Insurance Risk Managers

    • Risk Evaluation
    • Hazard Risk
    • Catastrophe Risk Management
  • Insurance Claims

    • Claims Automation
    • Restoration Contractors
    • Weather Verification
  • Construction Contractors

    • Restoration Contractors
  • General

    • Location Intelligence
    • Lead Generation
    • Data Solutions
Resources
  • Reports

    • Climate Change
    • Construction Cost Update
    • Construction Insights
    • Home Price Insights
    • Homeowner Equity Insights
    • Loan Performance Insight
    • Mortgage Fraud
    • Property Tax Delinquency
    • Single-Family Rent Index
  • Insight Blogs

    • Hazard HQ
    • Office of Chief Economist
    • Affordable Housing
    • Homebuying
    • Insurance
    • Other Articles
  • More Resources

    • Events
    • Case Studies
    • White Papers
    • Podcasts
    • Quick Takes

Home / Intelligence / Blogs / Other Articles / The Importance of Using Data to Shape Successful Student Programs

ABOUT THE AUTHOR
Real Estate Team
Real Estate Team
View Profile
  • October 2, 2020

The Importance of Using Data to Shape Successful Student Programs

With the ever-changing academic landscape, there is a distinct need to ensure that both the educational and social needs of students are being met as colleges and universities plan for incoming and future classes. To achieve this, academic institutions must demonstrate flexibility in how they unpack and understand the needs of their students to ensure engagement. Direct feedback from students via surveys and focus groups is a valuable tool, but it doesn’t always tell the whole story. In order to gain a broader perspective and to discover insights and trends at a more granular level, data needs to be a part of the evaluation to drive better decision making. This includes insight into demographic, socio-economic and neighborhood trends occurring within the communities of incoming students. This aggregated data plays an integral role by helping the institution plan more robust support programs, including course placement strategies and even student mentoring, which all help to identify the changing financial needs of students. A 2016 study by the Department of Education found that a variety of student support services are related to improved outcomes including increasing the odds that a student will remain enrolled and better academic achievement.

In looking more closely at the financial needs of students, it’s often an issue of figuring out how students are going to fund their college education. Some students earn scholarships or secure student loans, and others get support from their family. The latter isn’t always easy, often requiring families to tap into their home equity. It should also be noted that although the average homeowner gained approximately $9,800 in equity during the past year according to the Homeowner Equity Report released by CoreLogic®, the data also reveal that the pandemic recession will likely lead to price declines in many areas during the next year and weaken home equity gains.

Figure 1: Homeowner Equity by State

This could put a strain on families utilizing home equity to fund higher education in a time when growing student debt is already a burden for parents. Under the federal Parent PLUS program, approximately 3.6 million parents took out $96 billion outstanding loans to help finance their children’s undergraduate education.

We see that the stress of paying for tuition is a heavy burden not only on parents but also on students and can often negatively impact their studies. Colleges and universities offer many programs to assist students concerned with buckling under the weight of their tuition and studies, and strategic planning for programs can be an ongoing challenge for institutions of higher education as each incoming class may have differing needs. However, this challenge can be successfully solved when universities use solid foundational data for both internal school metrics and the external environmental metrics of their incoming student classes. For example, tracking crime statistics, economic changes, and other key socio-economic data about incoming student classes helps to ensure the school has the necessary programs in place to meet their students’ needs.

Institutions today can access robust and intelligent demographic, socio economic and neighborhood trend data to help ensure that they are offering the right programs to sustain and boost students’ educational and social needs.

©2020 CoreLogic, Inc. All rights reserved.

Sources:

https://www2.ed.gov/rschstat/research/pubs/advancing-diversity-inclusion.pdf
https://www.corelogic.com/insights-download/homeowner-equity-report.aspx
https://www.insidehighered.com/news/2020/01/28/study-finds-large-share-parents-struggle-repay-federal-plus-loans
  • Category: Blogs, Intelligence, Other Articles
  • Tags: Education, Real Estate Technology
ABOUT THE AUTHOR
Real Estate Team
Real Estate Team
View Profile

Related Posts

Header Intelligence Protect storm HHQ hazard
Climate Change

2023 Severe Convective Storm Risk Report

As rising global temperatures continue to contribute to increasingly hazardous wildfire seasons, it is more important than ever for homeowners, insurers, and governments to understand the risk these hazards pose to their communities.

March 31, 2023
Construction worker framing a house
Construction Insight

Quarterly Construction Insights – Q1 2023

CoreLogic tracks construction cost for commercial, residential and agricultural construction of all types of goods (labor and materials) throughout the United States and Canada.

March 30, 2023
Jan23LPIPromo
Blogs

Loan Performance Insights – March 2023

U.S. mortgage delinquency and foreclosure rates continued to hold near record lows in January.

March 30, 2023

About Corelogic

  • Newsroom
  • Leadership
  • Careers
  • Ethics & Compliance

Accounts

  • Products Sign-in

Contact

  • Sales Contact
  • Product Support

Regions

  • CoreLogic Australia
  • CoreLogic New Zealand
  • CoreLogic UK

Follow & Connect

  • Facebook
  • Instagram
  • Linkedin
  • Twitter
  • YouTube
© 2023 CoreLogic. All rights reserved.
  • Legal
  • Privacy Policy
  • CCPA
  • Cookie Preferences
  • Security
  • Sitemap
  • Accessibility
  • Legal
  • Privacy Policy
  • CCPA
  • Cookie Preferences
  • Security
  • Sitemap
  • Accessibility