How much money can I make 10 years from now, and how much would I have to spend on tuition to make that amount?
These are important questions that prospective college students should keep in mind when choosing a school.
Unfortunately, while students have many ways to compare prospective higher education choices, few tools focus on the numbers that matter most, as in, how different your financial health could be 10 years after attending college A instead of college B.
To address this issue, The University Network (TUN) has created the School Analysis Tool to make it easier for students and their families to make better comparisons of higher education by comparing a whole host of data, including:
- actual annual cost based on different family income levels;
- post graduation earnings;
- graduation rate;
- retention rate; and
- average debt.
In addition, TUN also has constructed a few ratios to help students make an apples-to-apples comparison of the schools they want to check out. One of these ratios is the Earnings to Tuition Ratio, which give prospective students and their parents a quick way to compare schools when considering the cost of attending and the salary they can expect to earn after attending.
To construct the ratio, we used the data from the U.S. Department of Education as of September 25, 2017, showing the the median earnings 10 years after the start of attending school divided by the average annual cost of attendance that financial aid recipients incurred.
We found an average Earnings to Tuition Ratio of 3.1 to one for the 3,495 schools in the U.S. that provided the necessary data.
The higher the ratio, the better it is for students with loans to pay back. United States Merchant Marine Academy topped the list at a ratio of 14.8 to one, a little more than 4.7 times the national average, which is not surprising as students get free tuition. Princeton University came second with a ratio of 11 to one.
The Top 100 Universities in the U.S. Based On Graduates’ Earnings to Tuition Ratios
While the School Analysis Tool makes it easy to compare schools based on available financial data, we have limited the following three top 100 lists to 4-year schools with a graduation rate of greater than 50 percent and enrollment greater than 500 students:
- Earnings to Tuition Ratios for the top 100 all 4-year schools;
- Earnings to Tuition Ratios for the top 100 public 4-year schools; and
- Earnings to Tuition Ratios for the top 100 private 4-year schools.
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A. Here is a list of the top 100 all 4-year schools and their Earnings to Tuition Ratios (average earnings to tuition ratios of 2.3 to one for this data subset):
Here are some interesting data we found with respect to the top 100 4-year school list:
- Of the 100 schools, 74 are public and 26 are private.
- 8 CUNY schools made it to the list.
- 20 California and 12 New York schools made it to the list.
- The average test scores are as follows:
- SAT Verbal: 579.35
- SAT Math: 606.02
- SAT Writing: 599.16
- ACT English: 26.23
- ACT Math: 26.28
- ACT Writing: 8.34
- The average admission rate is as follows:
- Top 10 Schools = 35%
- Top 20 Schools = 43%
- Top 30 Schools = 47%
- Top 40 Schools = 50%
- Top 50 Schools = 51%
- Top 60 Schools = 51%
- Top 70 Schools = 52%
- Top 80 Schools = 52%
- Top 90 Schools = 53%
- Top 100 Schools = 53%
- The average annual net price for federal financial aid recipients, after aid from the school, state, or federal government, is $13,611.
- An average of 31% receive Pell Grants.
- An average of 40% of undergraduates receive federal student loan.
- The average median earning (10 years after entry) of the top 100 schools is $55,105.
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B. Here is a list of the top 100 public 4-year schools and their Earnings to Tuition Ratios (average earnings to tuition ratios of 3.1 to one for this data subset):
Here are some interesting data we found with respect to the top 100 public 4-year school list:
- 4 CUNY schools made it to the list (Baruch, Queens, Brooklyn, and Hunter College).
- 17 California schools made it to the list.
- The average test scores are as follows:
- SAT Verbal: 558.92
- SAT Math: 586.49
- SAT Writing: 562.2
- ACT English: 25.01
- ACT Math: 25.19
- ACT Writing: 8
- The average admission rate is as follows:
- Top 10 Schools = 42%
- Top 20 Schools = 48%
- Top 30 Schools = 53%
- Top 40 Schools = 54%
- Top 50 Schools = 56%
- Top 60 Schools = 58%
- Top 70 Schools = 58%
- Top 80 Schools = 59%
- Top 90 Schools = 60%
- Top 100 Schools = 61%
- The average annual net price for federal financial aid recipients, after aid from the school, state, or federal government, is $13,128.
- An average of 32% receive Pell Grants.
- An average of 44% of undergraduates receive federal student loan.
- The average median earning (10 years after entry) of the top 100 schools is $50,188.
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C. Here is a list of the top 100 private 4-year schools and their Earnings to Tuition Ratios (average earnings to tuition ratios of 2.0 to one for this data subset):
Here are some interesting data we found with respect to the top 100 private 4-year school list:
- All 8 Ivy Leagues made it to the list.
- 12 New York and 9 PA schools made it to the list.
- The average test scores are as follows:
- SAT Verbal: 606.72
- SAT Math: 624.24
- SAT Writing: 622.65
- ACT English: 26.92
- ACT Math: 26.77
- ACT Writing: 8.6
- The average admission rate is as follows:
- Top 10 Schools = 34%
- Top 20 Schools = 31%
- Top 30 Schools = 40%
- Top 40 Schools = 39%
- Top 50 Schools = 40%
- Top 60 Schools = 43%
- Top 70 Schools = 44%
- Top 80 Schools = 45%
- Top 90 Schools = 45%
- Top 100 Schools = 46%
- The average annual net price for federal financial aid recipients, after aid from the school, state, or federal government, is $19,963.
- An average of 28% receive Pell Grants.
- An average of 47% of undergraduates receive federal student loan.
- The average median earning (10 years after entry) of the top 100 schools is $57,786.
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If you are interested in using TUN’s School Analysis Tool for a more detailed search, click here.