POTSDAM - Clarkson University is one of only 150 colleges and universities out of 3,500 nationwide worth the investment, according to a former U.S. Secretary of Education.
Clarkson ranks among the top 50 on the PayScale 2013 list of College Education Value Rankings for return on investment. PayScale calculated the ranking by determining the income a Clarkson graduate could expect to earn after 30 years minus the cost of attendance and the amount that graduate would have made with only a high school degree.
PayScale determined that Clarkson graduates that received no financial aid would, on average, see a $1.1 million return on their investment over a 30-year period, while a student receiving financial aid would see a $1.2 million ROI.
Clarkson has consistently risen in the PayScale rankings and last September was named by ABC News among 12 schools with higher starting salaries than new Harvard graduates.
William Bennett, who served as U.S. Secretary of Education under President Ronald Reagan, recently released a book titled Is College Worth It, based off the 2012 PayScale list. Bennetts analysis determined Clarkson was one of 150 colleges and universities that were worth the investment.
The PayScale ranking and Dr. Bennetts book are proof of Clarksons determination to prepare its students with a world-class education and the necessary skills to launch careers in the global marketplace, said Clarkson President Tony Collins. We are proud to be recognized for granting degrees that lead to remarkably successful careers with benefits that will last a lifetime.
Read more at http://finance.yahoo.com/blogs/daily-ticker/only-150-3500-u-colleges-worth-investment-former-132020890.htmland http://www.payscale.com/college-education-value-2013.