Best Value Colleges in Alaska

The Alaska College ROI Report only has ROI data for a few schools in The Last Frontier, as Alaska is called, but they 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.

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Rank
School Name
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
20 Year Net ROI
 
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Graduation Rate
% of full-time, first-time degree seeking undergrad students who began their studies at the given school and graduate within 6 years. Source: IPEDS
Typical Years to Graduate
# of years it takes for at least 65 percent of graduates from a given school to receive their diplomas. Source: IPEDS
Average Loan Amount
Received by full-time, first-time degree seeking undergrad students, multiplied to represent amount over four years. Includes all Title IV loans and all institutionally- and privately-sponsored student loans. Source: IPEDS
% Grant Money Received
% of full-time, first-time undergrads who received local, state, federal, or institutional grant aid in the 2012-2013 academic year. Source: IPEDS
111.3%10.1%14.1%12.3%$527,000$511,000$555,000$539,000$70,500$86,50025%5$24,30026%
1University of Alaska Fairbanks(In-State)
Annual ROI11.3%
Annual ROI10.1%
Annual ROI14.1%
Annual ROI12.3%
20 Year Net ROI$527,000
20 Year Net ROI$511,000
20 Year Net ROI$555,000
20 Year Net ROI$539,000
Total 4 Year Cost$70,500
Total 4 Year Cost$86,500
Grad Rate25%
Time to Graduate5
Loan Amt$24,300
Grant Money Received26%
28.5%7.8%10.0%9.1%$481,000$465,000$509,000$493,000$116,000$132,00025%5$24,30026%
2University of Alaska Fairbanks(Out-of-State)
Annual ROI8.5%
Annual ROI7.8%
Annual ROI10.0%
Annual ROI9.1%
20 Year Net ROI$481,000
20 Year Net ROI$465,000
20 Year Net ROI$509,000
20 Year Net ROI$493,000
Total 4 Year Cost$116,000
Total 4 Year Cost$132,000
Grad Rate25%
Time to Graduate5
Loan Amt$24,300
Grant Money Received26%
38.9%8.3%10.7%9.9%$397,000$387,000$421,000$411,000$87,800$97,80024%5$20,70030%
3University of Alaska Anchorage(In-State)
Annual ROI8.9%
Annual ROI8.3%
Annual ROI10.7%
Annual ROI9.9%
20 Year Net ROI$397,000
20 Year Net ROI$387,000
20 Year Net ROI$421,000
20 Year Net ROI$411,000
Total 4 Year Cost$87,800
Total 4 Year Cost$97,800
Grad Rate24%
Time to Graduate5
Loan Amt$20,700
Grant Money Received30%
46.7%5.7%9.1%7.6%$370,000$341,000$419,000$391,000$139,000$168,00048%4$32,00050%
4Alaska Pacific University(Private)
Annual ROI6.7%
Annual ROI5.7%
Annual ROI9.1%
Annual ROI7.6%
20 Year Net ROI$370,000
20 Year Net ROI$341,000
20 Year Net ROI$419,000
20 Year Net ROI$391,000
Total 4 Year Cost$139,000
Total 4 Year Cost$168,000
Grad Rate48%
Time to Graduate4
Loan Amt$32,000
Grant Money Received50%
56.7%6.3%7.8%7.3%$352,000$342,000$376,000$366,000$133,000$143,00024%5$20,70030%
5University of Alaska Anchorage(Out-of-State)
Annual ROI6.7%
Annual ROI6.3%
Annual ROI7.8%
Annual ROI7.3%
20 Year Net ROI$352,000
20 Year Net ROI$342,000
20 Year Net ROI$376,000
20 Year Net ROI$366,000
Total 4 Year Cost$133,000
Total 4 Year Cost$143,000
Grad Rate24%
Time to Graduate5
Loan Amt$20,700
Grant Money Received30%

* N/A indicates school does not have an on campus living option.

Both listed schools in Alaska are public universities. 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.

The University of Alaska at Anchorage sees lower ROIs than the Fairbanks campus, but the numbers are anything but depressing. With 20,000 students, Anchorage’s campus is twice the size of the Fairbanks one.

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


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