Articles tagged as: roi

April 1, 2014

Texas A&M Among Top 4 Public Universities Nationally For Affordability And High Return On Investment

Texas A&M University is one of the nation’s four most affordable comprehensive public universities with high return on investment (ROI) — what its graduates are projected to earn during the first 20 years of careers – according to new rankings by Payscale, an online organization that focuses on affordability combined with high quality in higher education. The survey places Texas A&M tops in Texas among public colleges and universities.

Of the 69 Texas institutions – public and private – included in the Payscale rankings, only Rice University ranks higher than Texas A&M. The projected net ROI by Payscale for Texas A&M graduates – the added value of a Texas A&M degree compared to what is typically expected of a graduate– is $566,700, and it attributes an overall cost-of-education figure of $91,040 to Texas A&M. The net ROI for Rice is shown as $633,400, with its college-education cost listed as $200,200.

Nationally among public institutions with broad-based academic programs, only Georgia Tech, the University of California at Berkeley and California Polytechnic State University at San Luis Obispo rank higher than Texas A&M based on in-state tuition charges. Texas A&M ranked among the top 10 public institutions nationally when including highly specialized technical institutes and schools. The survey addressed graduates with bachelor’s degrees.

Previous such Payscale ratings were based on salaries projected over a 30-year period, but for the 2014 report the timeframe was changed to the first 20 years of a career because, Payscale officials say, that period is more reflective of a graduate’s overall earning power. Texas A&M’s relative standing remained the same, but all the other top leaders in the 2013 survey dropped below Texas A&M.

Underscoring a related aspect of the Payscale survey, the Texas A&M Career Center reports that for 2012-2013,  the most recent full year for which it has statistics, more than 4,000 companies – a record – recruited Texas A&M University students, with more than 12,000 job postings representing over 63,000 positions. Leigh Turner, the center’s executive director, notes that among those 4,000+ companies are 85 of the Fortune 100 companies or their divisions or subsidiaries.

Also, Texas A&M is graduating students at a record rate, with many of them immediately entering the workforce, while others enter graduate or professional school in preparation for subsequent careers that rationally produce even higher financial returns. Texas A&M awarded a record 12,333 degrees for the most recent full academic years, according to the Office of Data and Research Services.

The 2014 Payscale survey, including college costs and projected ROI estimates and the methodology used, can be viewed at the website.

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Media Contact: Lane Stephenson, News & Information Services, at (979) 845-4662

January 13, 2014

Texas A&M Among Top 20 Universities Nationally In “Return On Investment” Survey

Texas A&M University is one of only three public institutions included in a ranking of the nation’s top 20 colleges for “return on investment”—and the only one in Texas or the Southeastern Conference (SEC).

The ROI rankings were compiled by The Daily Beast and based on salary information provided by Payscale.com. The Daily Beast is a news reporting and opinion website affiliated with Newsweek magazine.

Texas A&M placed 19th and was shown to have average starting salaries of $51,900 for its graduates and an average of $94,300 for its graduates at the mid-point of their careers. The other two public institutions included on the list are the University of California at Berkeley, 8th, and the University of Virginia, 17th.

As is typically the case, the list is dominated by private institutions. Harvey Mudd College in California heads the list, followed by Massachusetts Institute of Technology and California Institute of Technology – and with Ivy League schools well represented. Rice University, ranked 12th, is the only other Texas institution included on the list.

“To figure out which degrees hold the most earnings potential, The Daily Beast analyzed data on starting and mid-career salaries for schools across the country, according to Payscale.com, as well as the average cost of a degree for each school,” the publication’s editors explained in an on-line posting. “Each of the three factors was weighted equally to create the final ranking.

“However, only colleges with a six-year graduation rate of at least 75 percent were eligible to land on the list,” the editors added. “After all, an investment in college only pays off if you get a degree, and we wanted to highlight schools where the educational investment will reliably end in graduation.”

In addition to being prominently included in ROI rankings, Texas A&M fares well in other types of college ratings, including “best values” surveys that are based a combination of academic quality and affordability. Kiplinger’s Personal Finance magazine, in 2014 rankings appearing in its February issue, places Texas A&M 17th on such basis—the highest ranking for any public university in Texas.  Likewise, It is the only public university in Texas to rank among the top 50 national universities in the “Great Schools, Great Prices” category of the 2014 ratings by U.S. News & World Report  – and it maintained its second-place ranking overall in that key assessment of national public institutions. Washington Monthly ranked Texas A&M second among all U.S. universities—public or private—in its latest rankings, which are based in large part on universities’ contributions to the public interest through endeavors such as service programs and research that drives economic growth. Texas A&M also was listed as a “best buy” in the 2014 edition of the “Fiske Guide to Colleges,” a publication created by former New York Times  higher education editor Edward B. Fiske.

In another recent listing by The Daily Beast, Texas A&M students were said to be the “happiest” in the nation, based on several key factors for which students around the country offered opinions about their schools.

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Media Contact: Lane Stephenson, News & Information Services, at (979) 845-4662

May 14, 2013

Texas A&M Ranks Among Top 4 Colleges Nationally For Affordability And High Return On Investment

Texas A&M University is one the nation’s four “most affordable colleges with high return on investment,” according to new rankings by an online organization that focuses on affordability combined with high quality in higher education. Return on investment (ROI) reflects salaries received by college graduates in relation to the cost of their college education.

The 2013 rankings by AffordableCollegesOnline.org (ACO) spotlights the top 50 colleges that “provide students with the best bang for their buck after graduation,” note ACO officials, who say they reviewed the records of 875 colleges and universities.

In placing fourth nationally, Texas A&M is outranked only by Georgia Tech, State University of New York (SUNY) at New Paltz and the University of Virginia.

“It’s always gratifying to learn that Texas A&M is recognized nationally for providing affordable education in keeping with our high academic standards and that we are producing highly qualified graduates whose talents are recognized and rewarded in the marketplace,” notes President R. Bowen Loftin. “Having said that, we are certainly not surprised by this most recent and welcome confirmation of what has been our assessment for many years — that Texas A&M graduates are sought after in the workplace, perform admirably and are well rewarded for their successes.”

Texas A&M is the only Texas institution to rank among ACO’s top 10. The University of Florida is the only other Southeastern Conference school to rank among the top 25 institutions on the list.

“This is an important list for prospective students to consider,” says ACO founder Dan Schuessler. “Many students don’t have the financial means or are not comfortable taking on mounds of debt to attend an expensive college. The colleges ranked here are affordable yet still provide students a solid return on their tuition investment.”

ACO officials say that after developing their own process for determining affordability — using a combination of governmental data and assessments developed by highly respected organizations related to higher education — they incorporated findings by Payscale.com, which they consider the nation’s premier salary data collection organization.  They say they were then able to determine which institutions’ 30-year net ROI were highest.

More than 3,000 employers, including 80 percent of the Fortune 100 companies, recruit at Texas A&M each year, according to records maintained at its Career Center. Personnel there report that job opportunities posted for Texas A&M students have increased significantly in recent years.

Also, Texas A&M is graduating students at a record rate. It awarded degrees to a record 7,175 students at its spring commencement exercises last week — approximately 300 more than were presented degrees in the spring of 2012.

More information about the rankings and a list of the top 50 institutions cited by ACO is available here.

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Media contact: Lane Stephenson, News & Information Services, at (979) 845-4662

April 19, 2012

Texas A&M Grads Fare Well In PayScale ROI Survey

academic buildingTexas A&M University continues to rank tops in Texas among public universities and among the top 10 public institutions nationally on a return-on-investment (ROI) basis — what  graduates earn in their careers compared to their college costs — according to the 2012 rankings by PayScale, a Seattle-based compensation data firm, and published by Bloomberg Businessweek.

Texas A&M ranks 8th nationally among public institutions and 60th overall in the new ROI rankings that are typically dominated by private institutions. The 60th place overall ranking for Texas A&M represents an 11-place jump compared to its standing in PayScale’s previous survey in 2010. Rice University is the only Texas institution to rank higher.

Traditionally, Texas A&M ranks high in national surveys about colleges and universities, particularly those that have “best value” perspectives. In a survey with a focus similar to that taken by PayScale, Smart Money magazine ranked Texas A&M first nationally in 2011 for “payback ratio”— which the magazine defined as the earnings levels of an institution’s graduates compared to what they paid in tuition, fees and related costs for their undergraduate educations.

The Wall Street Journal ranked Texas A&M second nationally in a 2010 survey based on employers’ satisfaction with an institution’s graduates.

Texas A&M also fared well in a recent New York Times listing of what business leaders worldwide say are the top institutions from which they recruit — and ranked first in Texas. The New York Times spread, titled “What business leaders say,” is based on responses from “hundreds of chief executive and chairmen chosen from leading companies in 10 countries,” according to a notation explaining the selection process. The polling that produced the list of 150 institutions was conducted by the surveying company Emerging. Overall, Texas A&M placed 58th — and eighth among public U.S. universities and first among all public or private universities in the Southwest or deep South.

More than 3,000 employers, including 80 percent of the Fortune 100 companies, recruit at Texas A&M each year, according to records maintained at its Career Center. Personnel there also report that job opportunities posted for Texas A&M students increased 95 percent from 2009-10 to 2010-11 — from 4,600 to 9,100.

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Media contact: Lane Stephenson, News & Information Services at (979) 845-4662

December 6, 2011

Texas A&M Fares Well In Assessments By CEOs Of Major Firms

careerFair

Texas A&M students are some of the most highly recruited graduates in the world.

Texas A&M University fares well in a New York Times listing of what business leaders worldwide say are the top institutions from which they recruit — and it is ranked first in Texas.

The New York Times spread, titled “What business leaders say,” is based on responses from “hundreds of chief executive and chairmen chosen from leading companies in 10 countries,” according to a notation explaining the selection process. The polling that produced the list of 150 institutions was conducted by the surveying company Emerging.

Overall, Texas A&M placed 58th — and eighth among public U.S. universities and first among all public or private universities in the Southwest or deep South. Ivy League schools, along with Cambridge and Oxford in England, led the list that was published earlier this fall.

“We are obviously pleased to be so highly regarded by leaders of top businesses here in America and abroad for the high caliber of our graduates — young men and women who continually demonstrate they are ready to enter the business world, start contributing immediately and show that they are the leaders of tomorrow,” noted Texas A&M President R. Bowen Loftin. “We are proud to have a role in helping them prepare for key positions in the workforce, just as we are for those who successfully go into other endeavors, including the military, education or other areas of service.”

This is the second major listing in which Texas A&M has been prominently cited by major employers. The Wall Street Journal ranked Texas A&M second nationally in a similar survey last year. Additionally, Texas A&M has been prominently noted in earlier stories reflecting “return on investment” – what a graduate earns compared to the cost of his or her education — and regarding median salaries at certain career stages.

More than 3,000 employers, including 80 percent of the Fortune 100 companies, recruit at Texas A&M each year, according to records maintained at its Career Center. Personnel there also report that job opportunities posted for Texas A&M students increased 95 percent from 2009-10 to 2010-11 — from 4,600 to 9,100.

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Media contact: Lane Stephenson, News & Information Services at (979) 845-4662

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