Of it’s 42,000+ students, over 30,000 are undergraduates earning bachelor’s degrees. With their location near hundreds of acres of national park land, it’s no surprise to find that they’ve expanded that into conservation and development of natural resources. SJSU is a public university located in downtown San Jose, California. As the name implies, SUNY Maritime College specializes in programs related to marine engineering, shipping, oceanic transportation, and other maritime industries. The school offers bachelor’s, master’s, and doctorates to its nearly 7,000 students every year. Their classes are small, with an 11:1 student-to-faculty ratio and their retention rate is excellent at 92%. Montana Tech graduates, on average, earn an impressive starting salary of $63,100. NC State specializes in STEM-related studies, so it's no surprise that the seven leading career paths for alumni are heavily grounded in computer science and engineering. The school offers bachelor’s and master’s degrees to its 3,300 students, 2,300 of which are undergraduates. CalPoly annually ranks among the finest tech institutes in the country, but in terms of ROI, the school is outmatched by smaller tech institutions that charge less in annual tuition and/or award more financial aid to students. Some of the most popular career paths for students include mechanical engineering, software and web development, business IT analysis, and graphic design -- which is a mixed bag in terms of median annual earnings. College ROI ranking system University develops first college ranking system that measures the value added by each institution to the student’s graduation and post-college financial success Research & Innovation | August 05, 2020 Fittingly, at least half of the school’s 140+ majors are devoted to the sciences and education. For this reason, TCNJ's ROI is lower than Rutgers'. It was originally founded with the plan to offer a wide variety of teaching to all kinds of students. More than 13,000 students enjoy small class sizes with the 6:1 student-to-faculty ratio and access to bachelor’s, master’s, and doctorate degrees. These factors contribute to the ROI of students who earn a degree from the Los Angeles university. The school is located on an inlet connected Lake Superior to the smaller Portage Lake. At 88%, the University of Minnesota: Twin Cities awards financial aid to more of its student body than any other state institution on our list. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. It is one of the contiguous Claremont Colleges that all share adjacent campus grounds. Their 6,000+ students earn bachelor’s, master’s, and doctorate degrees in classrooms with a 15 to 1 students-to-faculty ratio. However, the retention rate is excellent, sitting at 91%. Their degree offerings cover humanities and sciences in architecture, mathematics, philosophy, physical sciences, theology, performing arts, and much more. Relatively cheap schools that produce a UAF's mid-career salary is $78,600 (ranked 114th for all state universities), which is only $33,000 higher than the typical starting salary for new graduates. The school's focus is mining technology, with an emphasis on applied science and environmental resource protection. The VMI accepts only uniformed students, no civilians. The ROI for education is often so high because colleges and universities work hard to tie classroom learning to actionable plans and outcomes post-graduation. Five of the seven leading career paths for Michigan graduates -- mechanical engineering, software engineering, senior mechanical engineering, management consulting, and legal practice -- boast median salaries in excess of $75,000 per year. It’s one of five service academies in the US. However, alumni earn much less in these fields (including mechanical engineering and software development) than students who attend a higher-learning institution devoted to technical disciplines. The school can be found in the small town of Rolla, Missouri. For this reason, associate or bachelor's degrees can potentially offer a more generous ROI than higher degrees, depending on the profession. Despite a relatively small student body of less than 2,500, the student-to-faculty ratio is a bit high at 15:1. Only 31% of the student body (roughly 2,600 individuals) receives financial aid, but the average award constitutes more than 15% of the cost of a four-year degree. Typically, graduates earn $48,600 after graduation ― which is more than half the cost of four years' tuition at the university. It was originally founded as a branch of the University of Virginia in 1956, but later became the largest, independent, four-year university in Virginia. Check Out Our Best Value College Categories . The College Consensus rankings use PayScale College ROI Report data to rank colleges offering fully online and hybrid degree programs. However, the typical starting salary for Binghamton grads is $47,200, largely due to the large number of alumni who work as administrative assistants, accountants, operations managers, and other positions that earn much lower salaries. The cost of a four-year degree at UT Dallas is nearly $5,000 lower than the University of Texas at Austin, but students who graduate from the latter school tend to earn much higher salaries. In 2017, the University was ranked 13 in the 'Best Colleges' edition of U.S. News and World Report. Discover schools with the programs and courses you’re interested in, and start learning today. New UConn graduates will typically earn a starting salary of $49,700, which is roughly half the price of a four-year degree. Of the 30,000+ students who attend Virginia Polytechnic Institute and State University (Virginia Tech for short), those who graduate with a degree will, on average, earn a starting salary of $51,700. Using data collected by PayScale, we've put together a list of 50 public schools that offer in-state students the highest return on their tuition dollar. The University of California, Irvine (UCI or UC Irvine) … Despite it’s lower number of graduate students, it provides master’s and doctorate degrees along with it’s bachelor’s programs. Though you cannot reduce the true value of education to a monetary figure, it is important to recognize that education derives much of its purpose based on its usefulness in a student's life after graduation. Coupled with a four-year price-tag that falls below $80,000, it might come as a surprise that the school doesn't provide a higher ROI for its graduates. Better known as West Point, USMA in West Point, New York is a federal service academy. Though officially within Santa Clara, the school sits very close to San Jose, just south of the San Francisco Bay, surrounded by nearby state parks, beachfront, and city and state parks. The ROI rankings for each school are primarily comprised from two factors -- the true cost of attending a school weighed against the median earning power of its graduates over 30 years. This college is located in Glen Cove, New York. Therefore, getting a good education wouldn’t mean a thing without a good return on investment (ROI). Princeton University is a private, not-for-profit, research university located in Princeton, New Jersey. For this reason (as well as the average amount of financial aid received by students), it's easy to see why GIT graduates earn such a high ROI over the course of 30 years. The second-oldest university in the United States is also one of the most lucrative, according to Payscale, as well as the highest-ranking institution on our list that doesn't list STEM fields as the most popular career paths. While the student-to-faculty ratio is a bit high at 18 to 1, the retention rate is solid at 83% for full-time students. The school’s 8,600+ students earn bachelor’s, master’s, and doctorate degrees in subjects such as ethnic and women’s studies, accounting, information technology, engineering, law, environmental studies, anthropology, political science, and drama. The seven leading career paths for graduates are all in engineering fields, with median salaries that range from $56,000 to nearly $100,000 per year, but a large amount of students who earn degrees in low-paying disciplines like communications effectively bring the typical starting salary down to $48,700. Caltech is a private, not-for-profit university in Pasadena, California that provides bachelor’s, master’s, and doctoral degrees; though less than half its students are undergraduates. The school offers bachelor's master’s in biological and biomedical science, business, management and marketing, computer science, engineering, health professions, mathematics and statistics, and physical sciences. Students who earn a degree from SUNY at Binghamton ― the smallest and cheapest of the four schools in the SUNY system ― go on to pursue careers in a wide range of professional fields. It’s low student-to-faculty ratio and high retention rate make this an excellent choice if you’re looking for an education in the sciences. Cal State, Chico's tuition is cheaper than any of the schools found in the University of California system -- but while the typical salary for new graduates is on par with those other institutions, the mid-career median salaries are considerably lower. ), and physical sciences at the bachelor’s, master’s, and doctoral levels. Located in Newark, New Jersey, it opened under the name Newark Technical School in 1885 with just 88 students. Admission to the program is competitive, but with the Air Force paying room and board and full tuition for all students, the 8:1 student-to-teacher ratio, and the variety of degrees available; it’s definitely worth considering. —State Technical College of Missouri. The student-to-faculty ratio is low, as are most of the Ivy League’s and the retention and graduation rates are over 95%. Though far from the Grand Canyon, Tucson is surrounded by the Saguaro National Park and Tucson Mountain Park, making for gorgeous scenery when you leave the city. University of Virginia students typically pursue degrees in high-paying fields like engineering, finance, law, and business management -- and as a result, the typical starting salary for newly graduated alumni is $51,000. No matter your educational interest, there’s something at this school for you. This military academy caters specifically to cadets in the US Air Force and it’s the newest of the service academies available in the US. Even their retention rates are high, at 98% for full-time students and 90% for part-time students. However, the campus serves it’s nearly 3,000 students well with its 30+ majors offered as bachelor’s or master’s degrees, as well as the option to earn undergraduate or postgraduate certificates in some of those same fields. Many years later, they now have nearly 11,500 students, 8,500 of which are undergraduates. Far away from the New York City bustle, in Ithaca, the school does just that. The cost of attending TCNJ is slightly lower than that of nearby Rutgers, but the latter boasts a higher starting salary for new graduates by a margin of $1,300 per year. Graduates commonly pursue careers in high-paying fields like reservoir, petroleum, and civil engineering. … The school includes six colleges including colleges of agriculture, food and environmental sciences; architecture and environmental design, business, engineering, liberal arts, and science and mathematics. PayScale College ROI Report – Overview by Payscale. Earning a degree boosts your earning potential significantly and can help you move up the ladder in your chosen field. Barely half of the students who enroll at the University of Texas opt for financial aid, but the average recipient will see his or her ROI grow by $40,000 over the course of 30 years on the job. HMC is a private, undergraduate college located in Claremont, California. Columbia is one of the Ivy League universities, located in New York City just beside the Hudson River. Using College Scorecard data, the study attempts to measure the added value in earnings produced by 4,529 colleges and universities both 10 years and 40 years after graduation, or in the case of certificate programs, completion. For this reason, a degree from the larger branch of the University of Texas earns graduates a better ROI than credentials obtained at the Dallas branch. The school has a wide variety of STEM degree offerings which include chemical engineering, biotechnology, and computer science. There are also several opportunities for postgraduate certificates. Their classes are relatively small with a student-to-faculty ratio of 13:1 and their retention rate is excellent, sitting at 96%. However, according to Payscale, engineering fields tend to be less lucrative for SPSU grads than for alumni from different schools with the same credentials. However, the school is well-known for its emphasis on systems engineering, ship design, and practical work experience. It’s reputation is upheld by it’s 7:1 student-to-faculty ratio despite it’s larger student body of 31,500+. And since four years' tuition of $78,130 (the sixth lowest in our list) is just $15,000 higher than the average starting salary, graduates stand to earn a considerable ROI over the course of 30 years. It’s located in Throggs Neck, New York City and is a part of the State University of New York (SUNY) System. In addition to fields like mechanical, electrical, and software engineering with a popular nationwide following (and relatively high salaries), other engineering fields with lower earnings, such as civil and manufacturing engineering, are also represented in the school's leading career paths. Established in 1891, the Massachusetts Maritime Academy is a public college located in Buzzards Bay, Massachusetts. Ranking the Best Liberal Arts Colleges Based on ROI Ranking Methodology. Founded in 1838 by Quakers and Methodists as Brown’s Schoolhouse, Duke University is a private research university in Durham, North Carolina. Villanova University is a private, Catholic university located in Radnor Township, a large suburb of Philadelphia, Pennsylvania. The application process is competitive, so consider sending yours in early if you’re interested in attending this school. Typically, the starting salary for the school's alumni is $49,600, but the ROI for graduates is relatively high because this figure stands to more than double for those who spend 20 years in the workforce. They earn degrees ranging from bachelor’s to doctorates and can also earn undergraduate and postgraduate certificates from the same location. And their retention rate is excellent at 93%. Engineering is the bread-and-butter of SPSU, which exclusively dedicates three of its five sub-colleges to engineering fields. For this reason, the typical starting salary for new graduates is $46,300; this figure is $3,000 higher at the University of Washington (another big contributor to the tech industry), while the cost of a four-year degree is $20,000 lower at UW. They must be doing something right. However, the leading career paths for alumni -- which are concentrated in engineering, business, and information technology fields -- range in median annual salary from $57,000 to more than $80,000. PayScale’s College ROI rankings will eventually supplant U.S. News and World Report in the critical scrutiny they receive—especially since commentators like William Bennett use them to argue that only 150 universities in the country are worth their price tag. The median salary of software engineers who earn their degree in Austin, for example, is more than $10,000 higher than their Dallas counterparts. The student-to-faculty ratio is about 14 to 1 and the retention rate sits at 95%. For example, the extra expense of earning a master's in education may not lead to a great return if you do not pursue a career that requires a specialization, but instead work in a role where you only need a bachelor's. The school's diverse degree selection, as well as numerous on-campus research opportunities, enable graduates to enter the workforce with plenty of skills and experience under their belts― and this readiness translates nicely into high salaries. All students must participate in the Army, Navy, or Air Force ROTC program. Survey results from employees who hold master's, doctoral, or professional degrees are not included in this data. The university now includes ten schools including a law school, medical school, school of business, school of foreign service, and more. The school offers bachelor’s, master’s, and doctorates to its nearly 20,000 students. And, while that sounds like the perfect location for a pirate school, this institution offers programs in international business, naval architecture, homeland security and law enforcement, environmental science, and marine science/merchant marine officer. © 2021 University Headquarters: The Higher Education Standard. Through these platforms, they offer nearly 60 majors and boast a retention rate of 88%. The school has a relatively high student-to-faculty ratio (16:1) considering its low students population of about 1,800. Longhorns typically earn a salary of $50,400 once they obtain their degree, but some of the school's leading career paths ― such as attorneys and petroleum engineers ― will be logging a six-figure after just a few years in the workforce. But the school's leading career paths also include high school teacher, financial analyst, and other positions with median earnings that exceed the typical starting salary for graduates by less than $10,000. The school has 13 campus buildings with under 2,000 students, and a student-to-faculty ratio of 13:1. The report, “A First Try at ROI: Ranking 4,500 Colleges,” comes from the Georgetown University Center on Education and the Workforce. It’s not required, but some graduates spend time in active service in the Armed Forces after completing a degree. Over 4,000 undergraduate students are enrolled as officers in training. It is popular for its strength in science and engineering and often ranked as one of the top ten universities worldwide. The university has nearly 10,000 students enrolled, 7,500 of which are undergraduates. If you are not interested in choosing a career within the narrower professional scope for which a degree from Maritime College or the Colorado School of Mines would prepare you, these schools may not be a good fit. This extension of the larger University of Maryland in College Park emphasizes engineering, computer science, and other tech-based fields. Their retention and graduation rates are also impressive at 98% and 95% respectively. The college has nearly 18,000 students who earn bachelor’s, master’s, and doctorate degrees in 120+ majors. According to Payscale, the average alumni who has been in the workforce for 10 to 19 years will earn a salary of $84,700 -- more than $6,000 higher than the cost of a four-year degree from NC State. Founded in 1701 to teach Congregational ministers, Yale University is a private, Ivy League university located in New Haven, Connecticut. Just like there are jobs that pay a lot and others that pay a little, there are also schools that cost a lot to attend and schools that cost much less. The school also boasts very high retention and graduation rates, which adds significantly to its expected ROI. Although these jobs aren't as lucrative as careers within STEM fields, median salaries are high enough to earn Baruch College grads a decent ROI on their education. It benefits schools if they are able to report that graduates from their programs have gone on to earn above-average wages; this will attract new students pursuing high-level degrees to gain more specialized knowledge and expertise. Originally founded as the Carnegie Technical School, it’s gone through several shifts before arriving at its current moniker. The latest PayScale College ROI Report includes 1,461 higher education institutions (an increase of 39 schools from last year’s report). Graduates of the academy are awarded bachelor’s degrees in anything from biochemistry or business to English and Literature, legal studies, statistics, or liberal arts and sciences. Massachusetts Maritime Academy offers degrees in marine engineering, environmental protection, international business, and other fields closely linked with the maritime sector. Many of Stony Brook University's graduates pursue careers in mechanical, electrical, and software engineering, but a substantial number of alumni also enter the fields of nursing and education (both secondary and postsecondary), as well. The average outgoing graduate will earn a starting annual salary of $50,000 at their first place of employment; many alumni pursue careers in engineering fields, as well as accounting. The annual tuition of UCSB outmatches the typical starting salary for graduates by a margin of nearly three-to-one. The university is made up of 7 separate colleges covering arts and sciences, community and public affairs, engineering and applied sciences, management, nursing, and pharmacy and pharmaceutical sciences, while also offering advanced degrees through their graduate school. The school has four colleges: The College of Arts and Sciences, the College of Business and Economics, The College of Education, and The P.C. Degrees are offered over a range of 50+ majors including biology/biological sciences, finance, communication, computer science, elementary education, special education and teaching, computer engineering, mechanical engineering, several languages, mental health counseling, environmental studies, psychology, and economics, among others. Higher-ranking schools on our list (with the exception of #1 and #4) boast a larger percentage of students that receive financial aid. Clemson students, like those who attend many of the other schools on our list, gravitate toward engineering degrees. Going to college shouldn’t mean a lifetime of debt. The school has 6,800+ students, about 5,000 of which are undergraduates. At The College Rankings Guru, we use ROI and powerful data analytics to match you with the perfect college for you. To find the schools that successfully combine quality and affordability, Money weighed more than 20,000 data points, including tuition fees, family borrowing, and career earnings. 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 prod… PayScale’s formula for ROI takes into account the cost of the degree and the amount of income a graduate should make over what they would have made without the degree. It also has additional campuses in Groton and Hartford, Connecticut. Students attending it’s downtown Philadelphia campus have degree options in architecture, ethnic studies, business and marketing, computer sciences, education, engineering, many options in health professions, legal studies, physical sciences, psychology, social studies, and the performing arts. Linn, Missouri. Determining a good ROI for a college depends on a variety of factors. Furthermore, Rutgers alumni tend to earn higher median salaries; high school teachers who earn a degree there, for example, will out earn their TCNJ counterparts by more than $3,000. Founded in 1764, Brown University is a private Ivy League university located downtown in the city of Providence, Rhode Island. The school offers more than 40 bachelor's, master's, and Ph.D. programs, most of which focus on engineering disciplines. They are also considered second lieutenants in the United States Air Force upon graduation and are required to serve a certain number of years. They offer associate through doctorate degrees as well as postgraduate certificates in Biology, Engineering, Health Professions, Liberal Arts and Sciences, Mathematics, and Physical Sciences. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site. The school offers bachelor’s, master’s, and doctoral degrees as well as postgraduate certificates in cultural, biomedical, education, philosophy, the sciences, visual and performing arts, and more. Founded in 1874, SUNY Maritime College is a public, 4-year college. And, with an 8:1 student-to-faculty ratio and a career waiting for you when you graduate, this school has plenty going for it. The school offers bachelor’s, master’s, and doctorate degrees as well as postgraduate certificates. Interestingly, it was the first higher learning institution in the US to call itself a university. Across the whole spectrum, the school’s 10,000+ students enjoy a low student-to-faculty ratio of 6 to 1. Attending college represents a worthwhile investment for a variety of reasons. Degrees are available at all levels, from bachelor’s to doctorates and even some postgraduate certificates. It is the oldest higher education institution in New York and the 5th oldest in the United States. Unless you consider yourself to be average at every college in the land, most published college ROI rankings are not a good return on your time. Still, they manage to maintain an alright student-to-faculty ratio, which sits at around 18:1 and a solid 88% retention rate. The school's leading career paths include financial analyst, staff accountant, software engineer, and IT consultant, all of which boast median salaries in the range of roughly $60,000 to $90,000. GMU is a public university located in Fairfax, Virginia, about an hour West of Washington D.C. Included among the researchers’ notable findings: Community college and many certificate programs have the highest ROI in the short term (10 years). Their 32,000+ students include about an even number of undergrads and grad students. Only one other school on our list tops New Mexico Institute of Mining and Technology's 92% of students who receive financial aid; the average financial amount for recipients is $6,647, which is roughly 9% of the cost of a degree at the institute. The College Scorecard found that in 2018 the median salary of ACPHS graduates 10 years after entering college was $124,700; the 2nd highest among all schools in their database. Originally founded to train mine engineers, they still have over 15 engineering majors as well as programs in biomedical sciences, business and management, computer information sciences, natural resource conservation, and public administration among others. Harvard University is another Ivy League institution. With a student-to-faculty ratio of 9:1 and nearly 24,000 students, they appear to have reached their founder’s dream of “found[ing] an institution where any person can find instruction in any study.”. It’s the West Coast’s oldest public university and a part of the California State University System. Top Colleges With High Return on Investment, Best Online Colleges and Top Online Universities of 2021, Scholarships and Financial Aid for Online College Students. Mines, as it’s called colloquially in Golden, Colorado, is a public university. BestColleges is here to help students weigh the costs and benefits of their educational options. Missouri S&T is a public university that is part of the University of Missouri System. You shouldn't choose your school based upon tuition and salary rates alone. Founded in Lexington, Virginia in 1839, the Virginia Military Institute was the first public senior military college in the US. Students who graduate are under no obligation to join the military after graduation, though you can earn a degree in naval architecture and marine engineering. 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. Using data collected from the National Center for Education Statistics, PayScale, and each of the following school’s websites, we’ve developed a list of 50 bachelor’s degrees from the colleges and universities that provide in-state students with the highest ROI on their tuition. Colleges … Originally founded as Capitol Radio Engineering Institute, CTU is a private, not-for-profit university in Laurel, Maryland, right between D.C. and Baltimore. It’s part of the SUNY system.
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