The value of a Union education is among the best in the country and tops in New York state, according to a Bloomberg Businessweek study of the career earnings of college graduates.
Union ranked 13th nationally among 554 U.S. schools in terms of the net return on investment (ROI) and number one in New York, according to the study by PayScale, a Seattle-based compensation analysis firm.
The 30-year ROI for a Union graduate is $1.26 million – or 11.7 percent annualized – according to the study published this week. The Massachusetts Institute of Technology was first with a 30-year net ROI of $1.69 million, or 12.6 percent annualized.
Each school’s ROI was calculated using pay reports from 1.4 million college graduates with no advanced degrees.
“We hope this report will provide parents, as well as current and prospective college students, crucial financial information about college selection,” said Dr. Al Lee, director of quantitative analysis at PayScale. “The data should also help as students weigh the options of entering the job market after high school or attending a four-year university.”
To view Union’s profile in the study, click here.
To read the full story, click here.
To read about the study in the Wall Street Journal, click here.