During those three decades, Ohio Wesleyan graduates can expect a net ROI of $354,800, after deducting the cost of earning their diplomas and adjusting for graduation rates, the study states.
The findings are part of PayScale’s new 2012 College Return on Investment (ROI) Report, which examines the investment value of bachelor’s degrees earned at 853 colleges and universities nationwide.
To determine ROI, PayScale analyzed its database of 35 million career profiles. Only bachelor’s degree data from full-time employees was used for the report. At Ohio Wesleyan, more than 50 percent of graduates pursue advanced degrees – such as master’s, doctoral, or law degrees – within five years of their OWU commencement.
“This report is important in that it helps students and families to quantify the value of investing in an Ohio Wesleyan education,” said Rock Jones, Ph.D., university president. “It’s easy to understand the intellectual value of a liberal arts education that prepares students to think creatively, write effectively, and connect concepts from multiple disciplines. It’s easy to understand the value of creating lifelong learners who examine issues from hands-on and global perspectives. And now it’s even easier to see the long-term financial value of investing in an Ohio Wesleyan education.”
In 2011, PayScale also listed Ohio Wesleyan among the nation’s Top 20 liberal arts colleges for salary potential for mid-career graduates. That same report listed Ohio Wesleyan among the nation’s top colleges – public and private – for earning potential for graduates both five years and 15 years after receiving their bachelor’s degrees.
Read more about the 2012 College Return on Investment (ROI) Report, including the complete methodology, at www.payscale.com/college-education-value. Learn more about PayScale, creator of the largest database of individual compensation profiles in the world, at www.PayScale.com.
Ohio Wesleyan University is one of the nation’s premier small, private universities, with more than 90 undergraduate majors, sequences, and courses of study, and 23 NCAA Division III varsity sports. Located in Delaware, Ohio, just minutes north of Ohio’s capital and largest city, Columbus, the university combines a globally focused curriculum with off-campus learning and leadership opportunities that translate classroom theory into real-world practice. OWU’s close-knit community of 1,850 students represents 47 states and 57 countries. Ohio Wesleyan was named to the 2012 President’s Higher Education Community Service Honor Roll with distinction, is featured in the book “Colleges That Change Lives,” and is included on the “best colleges” lists of U.S. News & World Report and The Princeton Review. Learn more at www.owu.edu.