Graduation, Employment and Government Loan Default Rates 2016

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 2016 indicators, the graduation rate reflects the percentage of Fall 2007 entering students who completed a degree (in any program) by 2014.

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 2016 indicators, MAESD surveyed the 2013 graduating cohort. Of the 10,443 graduates from University of Toronto undergraduate programs, 4,127 or 39.52% 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 2016 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 2012-13 academic year, did not receive a COISL loan in 2013-14, and who were in a default position in July, 2015. 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 the University 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

In 2015-16 the University of Toronto provided almost $200 million in student aid (scholarships, fellowships and bursaries). For more details see the Annual Report on Student Financial Support:http://www.governingcouncil.lamp4.utoronto.ca/wp-content/uploads/2017/02/a0227-1ci-2016-2017bb.pdf

2016 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.
  • "Other 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

2015-16 1,2,3

Program Graduation Employment Rate Default Rate6
Cohort N7 Rate4 6 Months5 2 years5
Agriculture & Biological Science 89 85.4% 73.9% 88.5% ---
Architecture & Landscape Architecture 0 X X X 2.3%
Business & Commerce 2,415 79.3% 84.4% 95.7% 1.0%
Computer Science 47 70.2% 98.5% 95.4% 2.2%
Dentistry 66 98.5% 97.2% 97.4% 0.0%
Education (teacher training) 1,193 97.7% 86.0% 97.4% 1.3%
Engineering 1,218 81.7% 87.6% 92.7% 0.4%
Fine & Applied Arts 113 85.0% 85.5% 93.2% 4.8%
Food Science & Nutrition 0 X X X ---
Forestry 0 X --- --- 8.3%
Humanities 141 68.8% 84.9% 90.5% 1.8%
Journalism 30 73.3% X X ---
Kin/Rec/PhysEd 156 87.8% 86.4% 82.1% 2.9%
Law 174 96.6% 90.2% 89.0% 0.9%
Mathematics 22 91.0% 83.3% 93.7% ---
Medicine 226 98.2% 100.0% 100.0% 0.6%
Nursing 111 96.4% 89.1% 100.0% 0.0%
Other Arts & Science 6,263 73.5% 84.6% 90.1% 3.9%
Other Education X --- --- --- 0.6%
Other Health Professions 4 75.0% 73.1% 93.8% 0.0%
Pharmacy 221 96.8% 94.4% 97.6% 0.0%
Physical Sciences 23 73.9% 89.3% 85.7% ---
Social Sciences 252 74.2% 83.1% 91.5% 1.5%
Theology 48 58.3% --- --- 0.0%
U of T Average 12,812 79.4% 85.0% 92.9% 2.8%

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 " X " 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 aftergraduation.
6 As of 2012, Canada-Ontario Integrated Student Loans Rate includes those who defaulted on Canada Student Loans 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

2015-16 1,2,3

Program Graduation Rate4 Employment Rate Default Rate6
6 Months5 2 years5
Agriculture & Biological Science 73.8% 80.4% 90.0% 2.2%
Architecture & Landscape Architecture 89.4% 88.8% 92.2% 1.0%
Business & Commerce 78.2% 88.4% 95.5% 2.4%
Computer Science 61.7% 91.4% 95.9% 2.7%
Dentistry 99.2% 93.1% 98.3% 0.0%
Education 98.0% 89.2% 96.2% 1.4%
Engineering 77.3% 85.0% 92.8% 1.8%
Fine and Applied Arts 71.0% 86.1% 92.6% 4.4%
Food Science 80.6% 85.9% 93.4% 2.4%
Forestry 75.0% X 100.0% 4.8%
Humanities 70.1% 87.5% 91.9% 4.0%
Journalism 73.9% 81.9% 90.8% 4.3%
Kin/Rec/PhysEd 80.3% 90.5% 92.5% 2.1%
Law 91.8% 91.7% 91.9% 0.8%
Mathematics 76.2% 84.8% 94.2% 1.9%
Medicine 98.7 99.6% 100.0% 0.2%
Nursing 84.4% 89.4% 97.4% 1.4%
Optometry 100.0% 97.6% 100.0% 0.0%
Other Arts & Science 74.3% 87.6% 92.7% 5.3%
Other Education 93.6% --- --- 0.5%
Other Health Professions 82.5% 82.5% 90.2% 2.5%
Pharmacy 96.8% 94.7% 98.4% 0.0%
Physical Sciences 66.1% 77.8% 90.2% 2.5%
Social Sciences 68.8% 85.2% 92.6% 4.9%
Theology 62.1% 86.7% 91.7% 2.2%
Therapy & Rehabilitation --- X 92.9% 0.0%
Veterinary Medicine 100.0% 100.0% 98.0% 0.0%
Average 77.3% 87.0% 93.6% 3.6%

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 Degree Completion Rate for undergraduate cohort, fall new, year 1 students vs. graduates over a 7 year period.
4 Graduate Employment Rate is the number of graduates of bachelors or first professional degree program expressed as a percentage of the labour force aftergraduation.
5 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