Page 27 - FY24_Student AndFamilyHandbookEnglish_9-26_23

Measuring the Economic Success of Florida’s Graduates
2020 Economic Security Report Summary

Outcomes
Florida has an extensive postsecondary higher education system—a system that
provides students access to a world class education. To ensure Florida’s
postsecondary higher education system is well positioned for the future, the Florida
Legislature created the Economic Security Report to provide students, parents, and
others with information on graduates of Florida’s public postsecondary institutions of
higher education, which include the District Technical Centers (DTC), the Florida

1
College System (FCS), and the State University System of Florida (SUS). Figure 1
below shows the first- and fifth-year earnings outcomes by type of credential for over 1
million graduates who completed their credential over the 5-year academic period of
2013-14 through 2017-18. The figure highlights that earnings increase with each step
along the education ladder.

Figure 1. Median First- and Fifth-Year Earnings by Credential

In addition to earnings outcomes, we also look at the number of graduates by
credential. Figure 2 shows the number of graduates over the same five-year period,
which indicates that the associate degree is the most commonly awarded
postsecondary credential in Florida (approximately 35% of all certificates/degrees
awarded), followed closely by the bachelor’s degree (34%). In addition, a significant
number of students graduated from a certificate, diploma, or apprenticeship program
(20%). Graduates from advanced degree programs represent the smallest group of
total graduates (11%).

1 The data source of information in this summary report comes the Florida Department of Education’s Florida
Education and Training Placement Information Program (FETPIP).

March 2021 20A| P a g e