How much graduates earn when they enter the labor market has become a hot-button issue as student debt mounts and fewer new graduates get jobs with the wages needed to pay off their loans. Federal and state governments have moved cautiously toward measuring and reporting, by major, what recent grads earn, but efforts so far are scattered and incomplete. As this status report and these independent research findings show, the need now is for more long-term earnings data; fuller disclosure; and simpler, more accessible data presentation, so students and parents can make better decisions.