Graduation, Employment and Government Loan Default Rates 2014

The Ministry of Training, Colleges, and Universities (MTCU) requires all Ontario universities to publish results of three indicators: Graduation Rates, Employment Rates and Government Loan Default Rates. In addition to these standard indicators, the University of Toronto publishes a more comprehensive set of Performance Indicators for Governance. These can be found here:http://www.utoronto.ca/about-uoft/measuring-our-performance/performance-indicators-prepared-governing-council

Graduation Rates

MTCU 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 2014 indicators, the graduation rate reflects the percentage of Fall 2005 entering students who completed a degree (in any program) by 2012.

Most Ontario universities saw a decline in graduation rates after the arrival of the first wave of double cohort students in 2003 (when two cohorts of Ontario secondary school graduates arrived in the same year due to a curriculum change from five years to four years). This issue was identified immediately and adjustments (to curriculum, student supports, etc.) were made to better accommodate the new shorter secondary school curriculum. As a result, the University’s rate decline was temporary and begins to rebound with the 2006 cohort – full results of which will be posted next year for the 2015 indicators. 

Employment Rates

MTCU 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 2014 indicators, MTCU surveyed the 2011 graduating cohort. Of the 10,172 graduates from University of Toronto undergraduate programs, 3,160 or 31.1% 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 2014 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 2010-11 academic year, did not receive a COISL loan in 2011-12, and who were in a default position in July, 2013. 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

2014 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

2013-14 1,2,3

Program Graduation Employment Rate Default Rate6
Cohort N7 Rate4 6 Months5 2 years5
Agriculture & Biological Science 133 80.5% 81.5% 87.1% X
Architecture & Landscape Architecture 0 X X X 3.0%
Business & Commerce 2,108 75.4% 84.9% 94.1% 1.7%
Computer Science 33 66.7% 91.7% 100.0% 1.3%
Dentistry 67 97.0% 96.2% 100.0% 0.0%
Education (teacher training) 1,257 98.5% 84.4% 96.3% 1.2%
Engineering 1,224 77.5% 87.3% 93.0% 0.9%
Fine & Applied Arts 134 73.1% 83.6% 95.2% 4.6%
Forestry 0 X X X 0.0%
Health Professions 43 88.4% 74.1% 95.2% 0.0%
Humanities 114 74.6% 85.0% 89.0% 3.2%
Journalism 38 76.3% X X X
Kin/Rec/PhysEd 134 81.3% 85.7% 87.1% 4.7%
Law 189 94.1% 95.4% 94.3% 0.0%
Mathematics 16 68.8% 85.7% 87.5% X
Medicine 205 99.5% 100.0% 100.0% 0.0%
Nursing 108 95.4% 98.1% 98.1% 0.0%
Other Arts & Science 6,604 71.1% 83.1% 86.5% 4.3%
Other Education 0 * -- -- 0.6%
Pharmacy 224 98.2% 93.9% 97.9% 0.0%
Physical Sciences 19 47.4% 72.7% 87.5% X
Social Sciences 154 72.1% 80.0% 90.8% 1.2%
Theology 53 73.6% X X 4.0%
U of T Average 12,857 77.0% 85.0% 92.6% 3.1%

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 Training, Colleges and Universities: Universities' Key Performance Indicators


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

2013-14 1,2,3

Program Graduation Rate4 Employment Rate COISL Default Rate6
6 Months5 2 years5
Agriculture & Bio Sci 77.1% 82.2% 89.2% 3.0%
Architecture & Landscape Architecture 87.9% 86.3% 93.1% 2.0%
Business & Commerce 75.7% 88.8% 94.9% 2.9%
Computer Science 63.7% 90.4% 96.5% 2.4%
Dentistry 98.4% 97.4% 100.0% 0.0%
Education 94.1% 86.8% 94.4% 1.6%
Engineering 75.7% 87.6% 94.1% 2.3%
Fine & Applied Arts 69.6% 85.9% 91.6% 5.6%
Food Science & Nutrition 82.8% 87.5% 94.9% 2.2%
Forestry 72.7% 95.7% 100.0% 11.4%
Health Professions 82.3% 85.6% 93.0% 4.3%
Humanities 72.1% 86.0% 91.2% 6.5%
Journalism 82.0% 81.2% 92.2% 6.5%
Kin/ Rec/ Phys. Ed 80.1% 91.6% 92.0% 3.5%
Law 92.9% 92.9% 93.9% 1.5%
Mathematics 77.9 87.3% 92.1% 1.2%
Medicine 99.3% 100.0% 99.0% 0.0%
Nursing 83.6% 92.4% 97.4% 1.3%
Optometry 98.8% 100.0% 100.0% 0.0%
Other Arts & Science 71.0% 87.1% 91.0% 4.3%
Other Education -- -- -- 0.6%
Pharmacy 98.2% 95.8% 97.2% 0.0%
Physical Sciences 68.5% 86.0% 89.8% 1.7%
Social Sciences 70.3% 85.5% 91.3% 6.3%
Theology 69.7% 82.7% 90.6% 3.7%
Therapy & Rehabilitation 81.3% * 100.0% 0.5%
Veterinary Medicine 100.0% 97.7% 100.0% 0.0%
System Total Rate 76.6% 87.4% 93.0% 4.5%

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 a7 year period.
5 Graduate Employment Rate is the number of graduates of bachelors or first professional degreeprogram 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 onCanada Student Loans and Ontario Student Loans.

Ministry of Training, Colleges and Universities: Universities' Key Performance Indicators