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Graduation, Employment and Government Loan Default Rates 2015

The Ministry of Advanced Education and Skills Development (MAESD) requires all Ontario universities to publish results of three indicators: Graduation Rates, Employment Rates and Government Loan Default Rates.

Graduation Rates

MAESD calculates graduation rates by identifying an entering cohort of full-time, year one, new undergraduate students and determining whether or not they graduated within seven years. For the 2015 indicators, the graduation rate reflects the percentage of Fall 2006 entering students who completed a degree (in any program) by 2013.

Employment Rates

MAESD collects employment data for graduates of undergraduate programs through the annual Ontario University Graduate Survey. The data from this survey are used to estimate employment rates at 6 months and 2 years after graduation. The employment rate is defined as the number of employed persons expressed as a percentage of the labour force where the labour force is those persons who were employed, or unemployed but looking for work and not enrolled full-time in school.

For the 2015 indicators, MAESD surveyed the 2012 graduating cohort. Of the 10,251 graduates from University of Toronto undergraduate programs, 3,943 or 38.46% responded to the survey.

The University of Toronto Careers Centre provides career and employment services exclusively to U of T students, recent graduates, and employers.

Government Loan Default Rates

For the 2015 indicators, the Government Loan Default Rates reflect the percentage of students (undergraduate and graduate) who were issued a loan through the Canada-Ontario Integrated Student Loan program (COISL) in the 2011-12 academic year, did not receive a COISL loan in 2012-13, and who were in a default position in July, 2014. It is important to note that the data may include student loans from more than one program as well as programs from other universities in Ontario and across Canada.

In 1998 U of T, which provides over $150 million in student aid (scholarships, fellowships and bursaries) annually, introduced a policy stating that no student should be prevented from entering or completing a program of study due to financial need. The details are given in our Policy on Student Financial Support: http://www.governingcouncil.utoronto.ca/Assets/Governing+Council+Digital+Assets/Policies/PDF/ppapr301998.pdf

2015 Rates

Table 1 summarizes the results for the University of Toronto.

Table 2 summarizes the results for all universities in Ontario.

Please note:
  • “Other Arts and Science” includes the majority of students enrolled in Arts and Science programs. Commerce and the UTM/Sheridan Fine Art/Drama programs are reported separately.
  • “Health Professions” includes students enrolled in the B.Sc. in Biomedical Communication.
  • To maintain adequate confidentiality in light of the Freedom of Information and Protection of Privacy Act, information has not been shown in instances where the number of students is five or less.

Table 1: Graduation, Employment and Government Loan Default Rates:
University of Toronto by Program Area

2014-15 1,2,3

Program Graduation Employment Rate Default Rate6
Cohort N7 Rate4 6 Months5 2 years5
Agriculture & Biological Science 93 79.6% 74.2% 90.4%
Architecture & Landscape Architecture 0 X 0.0%
Business & Commerce 2,254 76.1% 85.8% 93.4% 1.0%
Computer Science 53 66.0% 86.7% 100.0% 1.2%
Dentistry 67 98.5% 100.0% 92.9% 0.0%
Education (teacher training) 1,270 98.3% 86.1% 95.0% 1.1%
Engineering 1,187 78.6% 87.5% 91.7% 0.5%
Fine & Applied Arts 96 80.2% 83.8% 92.4% 2.5%
Food Science & Nutrition 0 X 72.7% 80.0%
Forestry 0 X 9.1%
Health Professions 42 85.7% 85.4% 91.8% 0.0%
Humanities 91 71.4% 98.0% 93.3% 1.1%
Journalism 31 83.9%
Kin/Rec/PhysEd 123 91.1% 90.5% 88.0% 3.0%
Law 186 96.2% 91.6% 95.9% 1.7%
Mathematics 25 92.0% 75.0% 88.0%
Medicine 219 97.3% 100.0% 98.8% 0.0%
Nursing 107 97.2% 96.4% 98.2% 0.0%
Other Arts & Science 6,153 58.4% 78.3% 86.0% 4.4%
Other Education
Pharmacy 245 97.1% 94.2% 99.1% 0.0%
Physical Sciences 15 60.0% 78.0% 88.9%
Social Sciences 99 79.8% 81.7% 89.6% 0.0%
Theology 51 78.4% 5.4%
U of T Average 12,407 79.1% 84.5% 92.1% 3.0%

Notes:

1 ” — ” indicates no data available
2 To ensure respondent’s confidentiality, cell counts less-than or equal-to 5 are displayed as ” X “.
3 ” * ” Data is unavailable or invalid for publication and has been suppressed.
4 Degree Completion Rate for undergraduate cohort, fall new, year 1 students vs. graduates over a 7 year period.
5 Graduate Employment Rate is the number of graduates of bachelors or first professional degree programs expressed as percentage of the labour force after graduation.
6 As of 2012, Canada-Ontario Integrated Student Loans Rate includes those who defaulted on Canada Student Loan and Ontario Student Loans.
7 The majority of students who studied in Arts and Science are included in “Other Arts & Science”

Ministry of Advanced Education and Skills Development: University Employment Outcomes, Graduation, and Student Loan Default Rates

 

Table 2: Graduation, Employment and Government Loan Default Rates:
Ontario System by Program Area

2014-15 1,2,3

Program Graduation Rate4 Employment Rate Default Rate6
6 Months5 2 years5
Agriculture & Biological Science 74.0% 82.0% 91.4% 2.3%
Architecture & Landscape Architecture 87.7% 86.0% 91.2% 1.2%
Business & Commerce 77.3% 89.4% 96.1% 2.4%
Computer Science 60.8% 88.9% 95.9% 3.2%
Dentistry 97.5% 100.0% 94.7% 0.0%
Education 97.7% 87.8% 95.6% 1.4%
Engineering 76.8% 88.1% 94.0% 2.1%
Fine Arts 70.2% 85.0% 92.4% 6.7%
Food Science 86.9% 88.4% 91.4% 1.6%
Forestry 68.2% X X 8.8%
Humanities 69.6% 87.3% 91.9% 4.5%
Journalism 80.7% 86.2% 93.6% 2.5%
Kin/Rec/PhysEd 79.6% 91.4% 93.0% 3.6%
Law 93.5% 90.8% 91.5% 1.2%
Mathematics 79.1% 85.7% 90.9% 1.9%
Medicine 98.7 100.0% 99.5% 0.1%
Nursing 84.1% 92.0% 98.1% 1.4%
Optometry 100.0% 100.0% 100.0% 0.0%
Other Arts & Science 74.2% 85.7% 91.8% 5.7%
Other Education
Other Health Professions 81.7% 81.7% 92.9% 2.9%
Pharmacy 97.1% 95.5% 98.7% 0.0%
Physical Sciences 69.1% 85.2% 90.1% 2.7%
Social Sciences 69.0% 86.3% 91.9% 5.1%
Theology 74.3% 87.5% 96.2% 6.2%
Therapy & Rehabilitation X X 0.2%
Veterinary Medicine 100.0% 98.0% 100.0% 1.1%
System Total Rate 77.2% 87.6% 93.6% 4.0%

Notes:
1 “ — “ indicates no data available.
2 To ensure respondent’s confidentiality, cell counts less-than or equal-to 10 are displayed as ” X “.
3 ” * ” Data is unavailable or invalid for publication and has been suppressed.
4 Degree Completion Rate for undergraduate cohort, fall new, year 1 students vs. graduates over a 7 year period.
5 Graduate Employment Rate is the number of graduates of bachelors or first professional degree program expressed as a percentage of the labour force after graduation.
6 As of 2012, Canada-Ontario Integrated Student Loan Default Rate includes those who defaulted on Canada Student Loans and Ontario Student Loans.

Ministry of Advanced Education and Skills Development: University Employment Outcomes, Graduation, and Student Loan Default Rates