Our recently released College Return on Investment (ROI) rankings reflects a few updates to our methodology. In this blog post, I will provide some insight into the overall methodology, as well as highlight the methodological changes we have made and why we made them.
PayScale just released our 2013 College ROI Report, which measures the cost of attending over 1,000 colleges to median alumni salaries. Once again, Engineering Schools and Research Universities dominate the list of schools who offer the biggest return on investment for your hard-earned tuition dollars. For the second year in a row, Harvey Mudd College took home top honors, beating out better-known institutions like MIT and Caltech.
Mirror, mirror on the wall, which is the wealthiest stop of all? The mirror probably doesn't know, but The New Yorker does, and explains it in one of the niftier interactive features I've seen for a while.
College is more expensive than ever before. Students are understandably eager to offset their steep tuition costs by earning money while they work toward their degree. Minimum wage jobs don't provide more than a drop in the bucket of debt, and there are always issues with scheduling hours around classes. Fortunately, there are plenty of jobs students can create for themselves that allow them to earn more money -- and on their own time.