Manhattan College Receives High Return on Investment From Graduates

Bloomberg Businessweek/PayScale.com survey ranks Manhattan 13th out of 50 colleges.

In a survey released by Bloomberg Businessweek/PayScale.com on April 7, Manhattan College placed 13th out of 50 colleges and universities in the Fifty Affordable Colleges With the Best Return on Investment category. The survey revealed findings that 50 leading colleges and universities, including Manhattan College, delivered a 30-year net return on investment (ROI) greater than $1 million for graduates.

The complete PayScale.com survey analyzed 693 schools’ ROI, and Manhattan College ranked 30th overall. This year’s survey calculated the cost of a degree at each school and integrated the average financial aid grant award, which improved the ROI for various schools because last year’s survey only analyzed a school’s total cost. In the 2010 survey, Manhattan College ranked 37th out of 554 schools.

“Once again this year, the survey quantifies what we all know: that Manhattan College alumni are extraordinarily successful men and women,” said President Brennan O’Donnell, Ph.D. “At a time when students and their families are rightly asking tough questions about the value of a college education, it is good to be able to point to such tangible proof of the value of a Manhattan College education.”

In addition to Manhattan College, the following colleges and universities were cited as 25 of the most affordable with ROI, including:

  1. California Institute of Technology
  2. Massachusetts Institute of Technology
  3. Dartmouth College
  4. Stanford University
  5. Princeton University
  6. Duke University
  7. Colorado School of Mines
  8. University of Pennsylvania
  9. Harvard University
  10. University of Notre Dame
  11. Babson College
  12. Georgia Institute of Technology
  13. Manhattan College
  14. Columbia University
  15. Colgate University
  16. Amherst College
  17. University of California, Berkeley
  18. Yale University
  19. Lafayette College
  20. Clarkson University
  21. College of the Holy Cross
  22. Rice University
  23. Missouri University of Science and Technology
  24. Cooper Union
  25. Washington and Lee University

For more information on the survey’s methodology, click here.

Posted on April 11, 2011