With the rising cost of tuition, it is more important than ever that students are able to evaluate receiving a high-quality education in their chosen field, which is able to product a high return on investment. Most students are looking for schools with two key features: affordability and the promise of high-paying jobs after graduation. As such, the AffordableSchools.net crafted a list of 50 schools in across the nation that yield the best returns on investment, with the Oregon Institute of Technology ranking number 23.
Criterion for affordability is simple: an affordable college is one that charges no more than the average in-state tuition for a public college or university. As of 2014, that average is under $15,000. This is their cutoff. AfforableSchools notes that tuitions of private colleges and universities readily exceed $30,000 a year, with some even approaching $50,000 and that where in-state and out-of-state tuitions differ, they list in-state tuition costs.
AfforableSchools states, “Our criterion for return on investment looks at starting and mid-career salary, and then estimates total income over 15 years from the time of graduation. Specifically, we look at PayScale.com’s starting salary and 15-year salary after graduation, average the two, and multiply by 15, to estimate total income over 15 years from graduation.”
With the cost of college a concern for many families, it's important for students to find a school that produces successful, well-paid graduates. Therefore, it's equally important to recognize the colleges and universities that offer both quality and affordable post-secondary options.
To view all of the rankings, visit http://affordableschools.net/50-affordable-colleges-best-return/.
About Oregon Tech
Founded in Klamath Falls in 1947, Oregon Institute of Technology is one of seven universities in the Oregon University System, and the only public institute of technology in the Pacific Northwest. Oregon Tech provides degree programs in engineering and health technologies, management, communication, and applied sciences that prepare students to be effective participants in their professional, public, and international communities through hands-on learning. Oregon Tech has a full-service, residential campus in Klamath Falls and an urban, industry-focused campus in Wilsonville. Visit www.oit.edu to learn more about Oregon Institute of Technology.
