Top 65 colleges with the highest ROI (65 items)
Once again, Payscale has released their annual report ranking colleges based on their return on investment, and once again technical schools and private liberal arts colleges came out on top, for the most part.
There were, however, some major changes to this year's list. According to their website, Payscale has "refined" their methodology to more accurately reflect the ROI potential of a given school.
The most significant change from last year's metric being the switch from tracking the 30-year Net ROI to the 20-year.
Why the change? According to Payscale, income increases largely level off at age 40, and since most students graduate at or around 20 they decided including the extra 10 years in their Net ROI report wasn't necessary.
Because of this some school's saw dramatic changes in their positioning. Brigham Young University, for example, experienced a shift of almost 20 points based on the new metrics.
In fact, BYU is the highest ranking Utah school on the list, coming in at no. 65. Weber State is the second highest, at no. 195. University of Utah, Utah State, Westminster and Southern Utah University were all also ranked, coming in at 204, 215, 552 and 829 respectively.
So which colleges have a better ROI than BYU? You might be surprised by who is, and isn't, included in the top 65.
1 of 65. Brigham Young University (BYU)
20 year net ROI: $534,500
Annual ROI: 10.9 percent
Grad Rate: 77 percent
Last year's rank: 82
2 of 65. Embry-Riddle Aeronautical University (ERAU) - Daytona Beach, FL
20 year net ROI: $535,700
Annual ROI: 7.0 percent
Grad Rate: 58 percent
Last year's rank: 79
3 of 65. Milwaukee School of Engineering
20 year net ROI: $536,000
Annual ROI: 7.0%
Grad Rate: 56%
Last year's rank: 59
4 of 65. New Jersey Institute of Technology (Out-of-State)
20 year net ROI: $536,800
Annual ROI: 7.1 percent
Grad Rate: 54 percent
Last year's rank: 36
5 of 65. University of Illinois at Urbana-Champaign (In-State)
20 year net ROI: $541,600
Annual ROI: 9.3 percent
Grad Rate: 84 percent
Last year's rank: 86