Manhattan Graduates See High Return on Investment According to Survey that Assesses the Value of College Degrees
Payscale.com 2013 College Education ROI Ranking lists Manhattan College at 32 out of more than 1,500 institutions nationwide.
For the fourth year in a row, Manhattan College ranked in the top 40 for providing graduates with a high return on their investment. In the 2013 Payscale.com College Return on Investment (ROI) ranking, the College is listed at No. 32 among more than 1,500 U.S. colleges and universities.
“At a time when students and families are asking hard — and appropriate — questions about the value of a College education, Manhattan College can point to a long and continuing history of excellent return on investment,” said President Brennan O’Donnell, Ph.D. “Our annual presence at the top of this list testifies to our success in combining excellence in the liberal arts with rigorous preparation for the world of work.”
Payscale.com reported that Manhattan College graduates receive a 30-year ROI of more than $1.2 million. The ROI figures are calculated by comparing a college graduate’s earnings, the total cost of a college education, and foregone wages from choosing to attend college. The ranking also cited the College for an impressive 9.3 percent annual ROI when accounting for financial aid.
The data used for the 2013 ranking was collected from alumni who successfully completed Payscale.com’s employee survey. To read more about Payscale.com’s methodology, visit their website.