Albion Ranks in the Top Quintile of Michigan Colleges and Top 14% Nationally in New ROI Georgetown Study
November 27, 2019
Albion’s 11:1 faculty-student ratio enables students to build relationships with their professors that pave the way for career and life success long after graduation. This key part of the Albion experience was highlighted in a recent list recognizing Albion as a liberal arts college on the rise.
According to a report from Georgetown University’s Center on Education and the Workforce, the return on investment of an Albion College degree grows dramatically over the years.
In “A First Try at ROI: Ranking 4,500 Colleges,” data from the U.S. Department of Education’s College Scorecard are used to determine return on investment from public and private universities and colleges.
The report determined each institution’s ROI using a metric of net present value—the sum of money in the future valued today. This metric includes costs, future earnings and the length of time it would take to invest and earn a certain amount of money over a fixed horizon.
Using that NPV, Albion ranks in the top quintile of Michigan private nonprofit colleges across an entire career, 10 to 40 years after graduation. Albion’s standing in the study on the national level is also impressive, placing in the top 17 percent of all colleges and universities after 20 years (No. 761 overall) and in the top 14 percent after 30 years (No. 645) and 40 years (No. 622).
Albion College’s Mission:
Albion College is an undergraduate, liberal arts institution committed to academic excellence. We are learning-centered and recognize that valuable learning takes place in and outside the classroom, on and off campus. We prepare students to translate critical thought into action.