Prescott, Arizona (PRWEB) August 31, 2013
An investment in their education at Embry-Riddle Aeronautical University is paying off for graduates whose tuition dollars are reaping financial and career rewards in a trying job market, according to two national salary data collector studies.
In a recent study evaluating thousands of colleges, Embry-Riddle’s Prescott Campus in Arizona was named to AffordableCollegeOnline.org’s “Million Dollar ROI” (Return On Investment) rankings for 2013. This list identifies the top 1 percent of U.S. private colleges whose graduates out-earn non-degree holders by at least $1 million during their careers.
“With so much national awareness and sensitivity concerning the cost of a college education, we are very pleased with this recognition of the value of the investment students make in themselves at Embry-Riddle,” said Bryan Dougherty, Dean of Admissions for the Prescott Campus.
AC Online developed the following criteria for consideration as a “High ROI College”: Fully accredited institution, either public or private, four-year, degree-granting institution, ROI according to PayScale’s 2013 College Value Report.
AC Online compiled a list of schools meeting these criteria by using the following authoritative data sets:
- NCES, the primary federal entity for collecting and analyzing data related to education. It provides indicators of education status and trends.
- IPEDS, the primary federal source for data on colleges, universities and technical and vocational postsecondary schools in the U.S.
- Carnegie Classification, a framework widely used in the study of higher education, both as a way to represent and control for institutional differences, and also in the design of research studies to ensure adequate representation of sampled institutions, students or faculty.
- Payscale.com, the premier salary data collection organization. Each year PayScale compiles statistics from public, private and for-profit schools while also surveying their graduates who earned a bachelor’s degree and are employed full-time in the United States.
For complete listings, go to http://www.affordablecollegesonline.org/college-rankings-online/million-dollar-roi-private-colleges/.
Affordable Colleges Online provides students with information about affordable higher education options. The website provides financial aid videos, expert advice and cost savings ideas. ACO is a trusted resource for college stats and rankings. Most recently the site launched a feature that provides students with a categorized directory of online introductory, or “101,” classes from several top named U.S. universities such as MIT, Michigan and U.C. Berkeley. For more information, visit http://www.affordablecollegesonline.org.
About Embry-Riddle Aeronautical University
Embry-Riddle Aeronautical University, the world’s largest, fully accredited university specializing in aviation and aerospace, is a nonprofit, independent institution offering more than 40 baccalaureate, master’s and Ph.D. degree programs in its colleges of Arts and Sciences, Aviation, Business and Engineering. Embry-Riddle educates students at residential campuses in Daytona Beach, Fla., and Prescott, Ariz., and through the Worldwide Campus with more than 150 locations in the United States, Europe, Asia and the Middle East. The university is a major research center, seeking solutions to real-world problems in partnership with the aerospace industry, other universities and government agencies. For more information, visit http://www.embryriddle.edu, follow us on Twitter (@EmbryRiddle) and http://www.facebook.com/EmbryRiddleUniversity, and find expert videos at YouTube.com/EmbryRiddleUniv.
Director, University Public Relations
Embry-Riddle Aeronautical University
Office: (386) 226-7538