Based on United States Department of Education regulations, and in the interest of providing information to the public and prospective students to help them make a more informed decision on their educational program choice, The College of Health Care Professions (CHCP) provides, separately for each of its educational program offerings, the following information:
Recent Historical On-Time Program Completion Rates of students enrolled in each program. On-time completion is defined as students completing their program of choice based on their original estimated graduation date, or in the case of reentering students, the expected completion/graduation date based on the portion of the program the student still needs to complete upon reentry into the program.
Note that for all but two programs that CHCP offers, there are externship portions (practice in an actual medical setting of the knowledge and skills learned in the classroom) students must complete that is the final part of the program. Under federal regulations, a student is not considered to have completed the program on time, even if the actual completion date was one day after the expected graduation date. It is important to note and remember that graduation dates are estimated, and are subject to change based on completion of the externship portion of the program. Factors that can change the actual graduation date can include, but are not limited to, the student’s available schedule for externship, the externship site’s preferred schedule for the student, which can center around the medical site’s schedule of work and when that schedule would pertain to knowledge and skills the student needs to practice, based on procedures/practices learned by the student in the classroom.
Employment/Placement Rates: Until the Department of Education formulates the methodology it wishes the schools to use, CHCP discloses the most recent placement/employment rates that are reported to its accrediting body (ABHES – Accrediting Bureau of Health Education Schools) and state licensing agency (TWC – Texas Workforce Commission).
Median Debt Incurred by Students: The median debt incurred by students for three separate categories of debt are disclosed on a program by program basis. The three categories of median debt are:
Federal Direct Student Loan Debt: This is the median student debt for students who borrowed federal student loans to assist them with their educational expenses. This does not include any federal loans borrowed by the parents of dependent students to assist them with their educational expenses.
Private Student Loan Debt: Private student loan debt is defined as a loan provided by a private lender that is not a federal (Title IV) student loan and is issued expressly for post-secondary educational expenses to a borrower, regardless of whether the loan is provided through the school that the student attends or directly to a borrower from a private educational lender. CHCP does not offer any private loans directly to students.
Institutional Financing Plan Debt: This is described as the extension of credit to a student for direct educational costs that will be repaid by the student (or on the student’s behalf) directly to the school after the student has completed his/her program of choice.
Median Debt: Median debt is not average debt. It is simply the middle amount of debt by category, by students completing a particular educational program. Each category of debt is listed in ascending (0 – 99999) order, and then the middle debt amount is the median debt.