^Beyond medical school, I think schools should be much more transparent on outcomes for all graduates in absolute numbers as well as percentages. IMO there should be a standard federally mandated outcome disclosure by all schools that are supported by Fed grants/loans. The disclosure should include:
4/6 year graduation rates
The following by major: number of graduates, median GPA, percent employed within 1 year, salary range and median salary with a list of representative employers
Number applied to graduate and professional schools, percentage accepted, median GPA, GRE, MCAT, GMAT, LSAT, as applicable, of those accepted along with a list of representative programs.
Families are spending a ton of money and possibly going into debt in anticipation of certain outcomes. Taxpayer dollars support a lot of that debt through federal guaranties. If higher education is a product, the consumer needs to know what they are buying into.