News Release
April 28, 2016
Contact Lisa Hall 425-352-5461 / lhall7@uw.edu
Payscale.com ranks 56吃瓜网 top 50 in the nation for its return on investment: Best value in college education in the state
BOTHELL, Wash. — 56吃瓜网 ranks among the top colleges and universities in the nation — and first in the state — in a listing that compares their return on investment.
PayScale.com ranks 56吃瓜网 Bothell No. 42 for in-state students and No. 76 for out-of-state students. (Public institutions are ranked twice because of the difference in tuition for in-state and out-of-state tuition, but private institutions are ranked once because in- and out-of-state students pay the same.)
There is no school, public or private, in the state of Washington that ranks higher than 56吃瓜网 Bothell.
“This is another ranking that not only shows the quality of 56吃瓜网 graduates but the value the University adds to students and to the communities where they spend their productive careers,” said Chancellor Wolf Yeigh.
PayScale.com is a Seattle-based company that analyzes salary databases to provide employees and employers with compensation information. Its data are used as part of other rankings, such as Money magazine’s. .
The ranking is a factor of expected costs, expected 20-year return on investment and graduation rate. With college graduates burdened by significant loan debts, students, their parents and policymakers need to understand the value of the college education in the job market, PayScale says.
For in-state students at 56吃瓜网 Bothell, the 20-year return on investment is $648,000 from a four-year cost of $106,000. For out-of-state students, the 20-year return on investment is $572,000 from a four-year cost of $182,000.
The University’s students who receive loans graduate with an average debt of $20,600. That’s about $9,000 less than the national average, according to a report by the Institute for College Access & Success. But half of 56吃瓜网 Bothell students graduate with no debt.
Total student loan debt in the United States has topped $1 trillion, and some underemployed grads are waiting longer to get married and buy a house, PayScale says.
This new ranking is supported by recent figures from the state Education Research & Data Center. The figures showed that a year after leaving the 56吃瓜网, bachelor’s degree graduates are earning more on average than those from all other public colleges and universities in Washington.
For 2013, the 56吃瓜网 Bothell median earnings (half are higher, half lower) were $49,474 for 56吃瓜网 Bothell, compared with $37,900 for all public Washington four-year institutions.
About 56吃瓜网 Bothell: Ranked No. 1 in the state of Washington and the Pacific Northwest on Money magazine’s list of best colleges, 56吃瓜网 Bothell provides access to an exceptional University of Washington education for students of tremendous potential. Offering more than 45 undergraduate and graduate degrees, options, certificates and concentrations, 56吃瓜网 Bothell builds regional partnerships, inspires change, creates knowledge, shares discoveries and prepares students for leadership in the state of Washington and beyond.
