URG ranked among Ohio's best for ROI
July 18, 2013
RIO GRANDE, Ohio – The University of Rio Grande has been named among the top tier of Ohio colleges and universities with the greatest lifetime return on investment according to rankings released Thursday, July 18 by AffordableCollegesOnline.org.
Touted as the No. 1 resource for college affordability and financial aid information, AffordableCollegesOnline.org (ACO) confirmed Rio Grande graduates are among those who enjoy the largest earnings gap between non-degree holders over a 30-year span.
“Life enrichment is a fundamental principle at the University of Rio Grande, and to be recognized for that commitment is a great honor,” Rio Grande President Dr. Barbara Gellman-Danley said. “Every member of the Rio Grande family takes a great deal of pride in insuring our students graduate with both the educational and social building blocks necessary for lifetime success.”
To be considered a High ROI College by ACO, institutions must be fully accredited; public or private; four-year, degree-granting; with ROI according to PayScale’s 2013 College Value Report.
Institutions were analyzed through highly respected, authoritative data sets to determine net tuition prices, graduate’s average starting salaries and ROI calculations.
“These are important lists for prospective student to consider,” ACO founder Dan Schuessler said. “We’ve sifted through comprehensive data sources to find colleges and universities in Ohio that offer a high quality education with consistent, long-term payoffs in the workplace.”
Utilized data sets included:
• NCES (http://nces.gov/), the primary federal entity for collecting and analyzing data related to education. It provides consistent, reliable, complete, and accurate indicators of education status and trends.
• IPEDS (http://nces.ed.gov/ipeds/), the primary federal source for data on colleges, universities, and technical and vocational postsecondary schools in the United States.
• Carnegie Classification (http://classifications.carnegiefoundation.org/), a framework widely used in the study of higher education, both as a way to represent and control for institutional differences, and also in the design of research studies to ensure adequate representation of sampled institutions, students, or faculty.
• Payscale.com (http://www.payscale.com/about/methodology), the premier salary data collection organization.
ACO provides prospective college students and their parents with information and resources to help manage the cost of obtaining an education. It’s the first website to offer comprehensive lists of Most Affordable Colleges in different categories, as well as information related to financial aid and other unique features.
The complete ACO rankings for high ROI institutions in Ohio is available at http://www.affordablecollegesonline.org/online-colleges/ohio.
For more information about the University of Rio Grande / Rio Grande Community College visit Rio.edu or call 800-282-7201.