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Bethlehem, Pa., July 29, 2013 —Moravian College is ranked No. 26 out of 401 Pennsylvania colleges and universities for greatest lifetime return on investment (ROI) according to a survey released today. Graduates from Moravian enjoy an earnings gap of $568,900 above non-degree holders over 30 years, and earn more on average than graduates from most other Pennsylvania schools. To view the rankings, visit http://www.affordablecollegesonline.org/online-colleges/pennsylvania.
“This ranking, based largely on the 2013 Payscale Report on College ROI, demonstrates the long-term professional success of Moravian graduates,” said Bryon Grigsby ’90, president of Moravian College. “At a time when students and families are questioning the value of higher education, Moravian College can point to its solid return on investment that exemplifies our success in combining excellence in the liberal arts with rigorous preparation for the world of work.”
In the 2013 Payscale Report on College ROI, Moravian College ranked in the top third of the 1,511 institutions nationwide that qualified for the survey. The ROI figures are calculated by comparing a college graduate’s earnings, the total cost of a college education, and foregone wages from choosing to attend college. The report also cited that Moravian graduates realize an impressive 6.8 percent annual ROI when accounting for financial aid.
The criteria AffordableCollegesOnline.org used for determining “High ROI Colleges” included fully accredited institutions, public or private, that are four-year, degree-granting institutions. They utilized data on ROI using to PayScale’s 2013 College Value Report (Payscale.com (http://www.payscale.com/about/methodology). They also utilized data sets: NCES (http://nces.gov/); IPEDS (http://nces.ed.gov/ipeds/); and Carnegie Classification (http://classifications.carnegiefoundation.org/).
According to its website, Affordable Colleges Online provides students with information about affordable higher education options. The website offers financial aid videos, expert advice, and cost savings ideas. AC Online is a trusted resource for college stats and rankings. For information, contact Dan Schuessler at firstname.lastname@example.org.
Moravian College is a private, coeducational, selective liberal arts college located in Bethlehem, Pennsylvania. Tracing its founding to 1742, it is recognized as America’s sixth-oldest college. Moravian partners with students to build a strong foundation for their future. Visit the College’s website at www.moravian.edu.