Best Value Colleges in Alaska

Alaska may have one of the smallest populations in the United States, but in terms of college return on investment, Alaska is home to some exceptionally good values.  Read More

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1University of Alaska - Fairbanks Campus(In-State)
20 Year Net ROI$486,700
Total 4 Year Cost$66,300
Grad Rate31%
Time to Graduate5 Years
Loan Amt$21,360
2University of Alaska - Fairbanks Campus(Out-of-State)
20 Year Net ROI$441,400
Total 4 Year Cost$111,600
Grad Rate31%
Time to Graduate5 Years
Loan Amt$21,360
3University of Alaska - Anchorage Campus(In-State)
20 Year Net ROI$373,300
Total 4 Year Cost$73,000
Grad Rate25%
Time to Graduate5 Years
Loan Amt$22,120
4University of Alaska - Anchorage Campus(Out-of-State)
20 Year Net ROI$328,600
Total 4 Year Cost$117,700
Grad Rate25%
Time to Graduate5 Years
Loan Amt$22,120

*NOTE: Unranked schools on this list don’t have on-campus living options, so on-campus costs are not available.

The Alaska College ROI Report only has ROI data for two schools in The Last Frontier, as Alaska is called, but both provide exceptional returns on investment for students. Alaska has been famous for two natural resources -- a gold rush in the nineteenth century and their rich oil fields today -- but educational opportunities in Alaska may be an overlooked resource. PayScale's list of best value colleges in Alaska may help bring attention to the quality colleges in our northernmost state.

Both schools in Alaska are public universities. The University of Alaska at Fairbanks provides the highest college ROI in the state to in-state students, with a 20-year net ROI of $486,700. That's an annualized ROI of 10.4 percent -- a good investment by any evaluation. Students who receive financial aid see an even higher ROI - $512,400 over 20 years and a whopping 12.7 percent annually. Over 10,000 students attend the University of Alaska at Fairbanks -- that is a bigger population than many cities in Alaska.

The University of Alaska at Fairbanks isn't a bad deal for out-of-state students either, even if they have to pay a higher tuition. Out-of-state residents see a 20-year ROI of $441,400 and an annualized ROI of 8.5 percent.

The University of Alaska at Anchorage sees lower ROIs than the Fairbanks campus, but the numbers are anything but depressing. In-state students can estimate a 20-year ROI of $373,300 and out-of-state students see $328,600 and 7.1 percent, respectively. With 20,000 students, Anchorage's campus is twice the size of the Fairbanks one.

Because it is home to only two schools that both have high ROIs, Alaska has the highest average ROI in the United States.