Penn State University scored well in a new report that ranks degrees based on return on investment.
The website BestValueSchools.com recently published a series of free articles that ranks the top 50 U.S. universities for ROI across four geographic regions. The site ranks dozens of top national schools based on data from a number of sources, including U.S. News and World Report and PayScale, according to a news release.
“Prospective students are looking for bang for their buck,” editor Paul Church said in a statement. “And many of them find value in being closer to home. That’s why we decided to compile our rankings by region.”
Penn State University was ranked eighth overall, the highest ranking for a public university in the northeastern region. Despite more than 40,000 student on its State College main campus, BestValueSchools credited the university for maintaining a “remarkably high” quality of education.
Penn State graduates can expect a 30-year ROI of $789,300 if they remain in Pennsylvania, and $739,200 if they move out of state, the report states.
University of California Berkeley topped the rankings nationwide, with an expected ROI of $1.1 million to $1.2 million. The University of Virginia ranked second, with an in-state ROI of $924,000 ($832,000 out of state).