Both figures are used in our calculation of ROI and overall college rankings. The "Mid Career Salary" reflects the average salary for school alumni with 10+ years of full-time work experience following graduation from college. The "Early Career Salary" reflects the average salary for school alumni for years 1-5 following graduation from college. The metrics we evaluate in calculating post-graduate success include: (1) Early and mid-career salary, (2) Net price of a 4-year undergraduate education and (3) whether or not an institution appears on the America's Leaders List produced by the Center for College Affordability and Productivity.Įarly and mid-career salary figures used in our calculations are based on surveys produced by –a leader in employment, salary and compensation data. As such, our rankings are weighted heavily on metrics we've believe to be the most accurate indicators of post-graduate success. We believe that first and foremost the value of a college education should be evaluated based on the post-graduate career success of the students and the alumni it produces. Whatever your motivation for attending college, if you can't find a good job after you graduate or aren't able to advance in your chosen career path, then your investment of time, money and resources in your college education is greatly depreciated. Our Top 100 Colleges rankings report is generated using the following five metrics: Where other popular ranking publications focus on various selectivity metrics such as SAT scores, admission rates, or even "contribution to the public good" (ie., Washington Monthly, Princeton Review, etc.), we focus strictly on those metrics that have a direct correlation with ROI. Our top colleges rankings include those "traditional" four-year colleges and universities that provide students the biggest return on their investment. It's about what students are going to receive from their college experience and education based on what they're required to invest. For a more indepth explanation, see the section below "Calculating ROI".Īt the end of the day, going to college and earning a degree isn't about prestige, diversity, scholarly publications, social mobility or even reputation–it's about ROI. (5) Return on investment (ROI) is generated using the formula (gain+principal/principal)^(1/years)-1. (4) Average net price generated by subtracting grant or scholarship aid from total cost of attendance as reported by the National Center for Education Statistics.Total cost of attendance includes tuition, supplies (including books), and average cost of room and board. (3) Represents the median salary for alumni with 10+ years of full-time work experience, as reported by. (2) Default rate is the % of student borrowers who enter repayment of loans in one year and default prior to the end of the next. (1) Represents the graduation rate of full-time students who began their studies as first-time degree or certificate seeking students.
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