Albion College issued the following announcement on Nov. 27.
According to a report from Georgetown University’s Center on Education and the Workforce, the return on investment of an Albion College degree grows dramatically over the years.
In “A First Try at ROI: Ranking 4,500 Colleges,” data from the U.S. Department of Education’s College Scorecard are used to determine return on investment from public and private universities and colleges.
The report determined each institution’s ROI using a metric of net present value—the sum of money in the future valued today. This metric includes costs, future earnings and the length of time it would take to invest and earn a certain amount of money over a fixed horizon.
Using that NPV, Albion climbs from a middle-tier ranking 10 years after graduation to the top 17 percent after 20 years (No. 761 overall). Albion’s standing improves further, into the top 14 percent, after 30 years (No. 645) and 40 years (No. 622). The report does not take into account students who attend graduate school, of which some 30 percent of Albion graduates embark.
Original source can be found here.
Source: Albion College