College Track: 2020 Social Mobility Report 2020 Social Mobility Report | Page 4

OVERVIEW We are increasingly optimistic about our graduates’ career outcomes and professional development. •  As with last year, our graduates’ income continues to outpace their parents, with wages on par with the national average for all bachelor’s degree holders, regardless of socioeconomic status. •  Employed graduates continue to report a high level of self-agency in their careers, including strong alignment with their professional interests and aspirations. •  Nearly all graduates who are employed full-time are in roles with employer- provided benefits and opportunities for internal advancement, with over half promoted within the last year. •  Graduation from a College Track recommended “Affordable Option” is associated with better employment outcomes and lower debt upon graduation. Some of our graduates report struggling to meet their basic needs for themselves and their dependents. •  We asked our graduates if they make enough money to provide basic needs for themselves and their dependents to live an acceptable life. 45% of our employed recent graduates responded “no”, but the figure seems to go down for our older graduates. It is worth noting that nearly 70% of our respondents currently live in the San Francisco Bay Area and an additional 10% in Greater Los Angeles, New York, and Washington, D.C., which have high costs of living. •  We will continue to explore this outcome to untangle the challenges of affordable living (e.g. housing, childcare, loan debt, etc.) our graduates struggle with, and determine what role College Track can play to prepare our students to overcome those challenges. College Track 4