Dive Brief:

• An initiative funded by the Bill & Melinda Gates Foundation is trying to change the public discussion about what can be considered a valued outcome for college graduates.
• The Post-Collegiate Outcomes Initiative is considering four overlapping categories of graduate outcomes: public, private, economic, and human capital, the Chronicle of Higher Education reported.
• A public human capital outcome example would be charitable giving, while a personal human capital outcome would be career satisfaction.

Dive Insight:

The idea behind the initiative is to move the college value discussion away from just an earnings and gainful employment calculation. The project is managed by the American Association of Community Colleges, the American Association of State Colleges and Universities, and the Association of Public and Land-Grant Universities. The group plans to seek input on the framework from different perspectives over the next few months, and it has already had discussions with the U.S. Chamber of Commerce Foundation to get employer points of view.