These days students and their families are more concerned than ever about the cost of a college education—and the return on their investment. But URI students, parents, and grads can take heart. According The Wall Street Journal‘s SmartMoney magazine, URI is one of the best values in higher education.
In its nationwide survey examining the relationship between tuition costs and graduates’ earning power, URI is ranked as number one in New England and 13th in the nation among public and private institutions. The University provides its students with an excellent education at an affordable price, and prepares them for rewarding careers.
Value: URI is ranked as number one in New England and 13th in the nation among public and private institutions.
In what SmartMoney dubbed its “Payback Score,” the magazine assessed public and private colleges on their ability to deliver the best return on investment and sought to quantify the long-term value of a college education based on alumni salaries. When the survey was first published in 2008, URI was ranked at 15 in the nation for return on investment. And we keep getting better.
Working with the consultant PayScale.com, the Payback Score looks at what graduates from 50 of the most expensive four-year colleges earn in their early and mid-careers. Then they factored in their up-front tuition and fees.
National studies say the big “payoff” of higher education is in lifetime earnings and employment opportunities. And in these tough economic times, URI’s top ranking offers a powerful message to students and their families. A great education. A great value. Great news, but we already knew that.