In Payscale’s recent 2014 College Return on Investment (ROI) Report, Manhattan College ranked No. 15 in the nation for offering bachelor’s degrees with value. The College was evaluated among more than 900 colleges and universities, and also was the leading institution for religiously affiliated schools.
This year, PayScale changed its methodology to calculate a 20-year ROI vs. a 30-year ROI, a better “stopping point for real pay growth,” according to Payscale. Even with these changes, Manhattan College improved its ranking to No. 15.
“Religiously affiliated schools see a big spread in 20-year ROI values: Manhattan College topped the list with an ROI of $675,600 (overall rank of 15),” Payscale wrote in the March 26 press release.
“It is gratifying to have this evidence, year after year, of the tangible value of a Manhattan College education,” said President Brennan O’Donnell. “We pride ourselves on offering an academically excellent, values-grounded, and affordable education that provides a strong return on investment.”
Manhattan College also placed 11th out of 476 private, not-for-profit universities. In addition, the report cited a positive correlation between STEM-focused schools and ROI, and higher overall ROI figures.
To read more about Payscale.com’s methodology, visit its website.