Various accreditors and state regulatory agencies have different formulas for calculating placements rates. These mandatory formulas often result in different percentages which are statistically disparate. Unfortunately, new federal Borrower Defense to Repayment regulations have further complicated the matter by requiring insitutions to count students who are waived by an accreditor or state regulator to be counted as not placed in the new BDR publihsed palcement rates. Further, BDR regulations will not permit any student who was employed in a particular field prior to graduation to be counted as a placment. It is no wonder students are so confused . . . one program may be required to publish 3-4 different placement rates to satisfy mutliple regulatory bodies!
