Affordable Colleges Online has ranked the University of Southern Maine sixth of the nine Maine colleges it recognizes as having the highest return on investment. The organization analyzed 43 Maine colleges, choosing to recognize only nine for their high ROI.
Affordable Colleges Online identifies itself as “today’s #1 resource for college affordability and financial aid information.” To determine a college’s ROI, the organization crunched the numbers using the federal government’s NCES and IPEDS data and salary information gathered by Payscale.
The criteria that determined a college’s ranking included that it be a fully accredited, four-year, non-profit institution; net tuition; a graduate’s average starting salary; and ROI calculation. The data used came from the Carnegie Classification (a framework for classifying U.S. colleges), IPEDS (a federal entity that collects and analyzes data related to education), NCES (a federal source of information about colleges and post-secondary institutions), and Payscale (a salary data collection organization).
“We are always happy to learn that tools, such as Affordable Colleges Online that help families determine the affordability of college, include USM high in their rankings,” said Susan Campbell, USM’s chief student success officer.
See all the Maine colleges and universities listed as having a high return on inventment.
For more information, contact Dan Schuessler.