Best Value Colleges in Alaska

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.  Read More

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1University of Alaska - Fairbanks Campus(In-State)
20 Year Net ROI$546,000
Total 4 Year Cost$67,500
Grad Rate32%
Time to Graduate5 Years
Loan Amt$23,300
2University of Alaska - Fairbanks Campus(Out-of-State)
20 Year Net ROI$500,000
Total 4 Year Cost$113,000
Grad Rate32%
Time to Graduate5 Years
Loan Amt$23,300
3University of Alaska - Anchorage Campus(In-State)
20 Year Net ROI$419,000
Total 4 Year Cost$75,500
Grad Rate25%
Time to Graduate5 Years
Loan Amt$21,700
4University of Alaska - Anchorage Campus(Out-of-State)
20 Year Net ROI$373,000
Total 4 Year Cost$121,000
Grad Rate25%
Time to Graduate5 Years
Loan Amt$21,700

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

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 $546,000. That's an annualized ROI of 11.8 percent -- a good investment by any evaluation. Students who receive financial aid see an even higher ROI -- $572,000 over 20 years and a whopping 14.6 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 $500,000 and an annualized ROI of nine 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 $419,000 and out-of-state students see $373,000 and 7.5 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.