; and (IV) determine the completion rate for the program, as described in subparagraph (A)(i), and certify to the Secretary the accuracy of such determination. (iii) For each subsequent year for which a program seeks eligibility under this paragraph, the Secretary shall determine the verified annual earnings rate and completion rate for the program using data made available to the Secretary through the postsecondary student data system established under section 132(l) or a successor system (whichever includes the most recent data). (E) (i) Except as provided in clause (ii), for purposes of calculating the average annual earnings rate of individuals with only a high school diploma (or the equivalent) under subparagraph (A)(ii) the Secretary shall apply the national average or median earnings rate in the United States. (ii) The Secretary may apply the average or median earnings rate in the State or local area in which the institution offering a program is located, in lieu of the national average earnings rate, if the institution provides sufficient justification to the Secretary. (F) Using the postsecondary student data system established under section 132(l) or a successor system to streamline reporting requirements and minimize reporting burdens, and in coordination with the National Center for Education Statistics and each institution of higher education offering an eligible program under this paragraph, the Secretary shall, on at least an annual basis, collect data with respect to each such eligible program, including the following: (i) The number and demographics of students who enroll in the program. (ii) The number of credits attempted and accumulated annually by students enrolled in the program. (iii) The share of such students who cease enrollment on or before the completion of 60 percent of the payment period or period of enrollment. (iv) The verified completion rate for the program, as described in subparagraph (A)(i). (v) The mean and median annual earnings of graduates and the verified annual earnings