University of Scranton Degree Ranks in Top 7 Percent

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A comprehensive analysis of the return on investment (ROI) of college degrees at more than 4,500 colleges in the United States shows the value gains of liberal arts education during the lifetime of a career. The analysis also ranks the ROI of a degree from The University of Scranton among the top 6.1 percent of colleges in the country after 40 years, among the top 7 percent after 30 years and among the top 11 percent after 20 years.

The analysis by the Georgetown University Center on Education and the Workforce calculated the 40-year net present value of a University of Scranton degree is $1.133 million, which ranked No. 276 of 4,500 colleges in the nation (top 6.1 percent). The 30-year net present value for a Scranton degree was calculated at $842,000, which ranked at No. 310 in the nation (top 7 percent); and the 20-year net present value of a degree was $488,000, which ranked at No. 489 in the country (top 11 percent).

The Center ranked 4,500 colleges based on the net value of the degrees at 10, 20, 30 and 40 years after enrollment using data from the expanded College Scorecard. The analysis, published online in the spring of 2022, looked at the net cost of attendance, which includes tuition, fees, books and supplies, and living expenses, minus aid received from all sources. The Center then calculated the net present value of a degree, which is “a metric that includes costs, future earnings and the length of time it would take to invest and earn a certain amount of money over a fixed horizon.”

The analysis found that “bachelor’s degrees from private colleges, on average, have higher ROI than degrees from public colleges 40 years after enrollment. Community colleges and many certificate programs have the highest returns in the short term, 10 years after enrollment, though returns from bachelor’s degrees eventually overtake those of most two-year credentials.”

In addition, the analysis showed “the median ROI of liberal arts colleges is nearly $200,000 higher than the median for all colleges. Further, the 40-year median ROI of liberal arts institutions ($918,000) is close to those of four-year engineering and technology-related schools ($917,000), and four-year business and management schools ($913,000).”

Scranton has been recognized for its value in other national rankings such as U.S. News & World Report and The Economist. Most recently, Money magazine ranked the University at No. 268 among its selection of just 623 of the nation’s best values for a college education.