In the latest edition of the College ROI report, PayScale examines which colleges and universities offer the best career and salary return against tuition costs and any debt load that students have incurred. Oregon Tech is tied as 18th out of approximately 1,400 schools nationally for annual ROI (85th in 20-year net ROI for students without financial aid living off campus), which is the 20-year ROI annualized to represent the percent of expected ROI received each year after graduation. USA Today reports that the average college student graduating accumulates almost $30,000 in student loans, while Oregon Tech graduates are listed by PayScale at $25,600 and have a typical starting salary of $58,000 for graduates.
“Oregon Tech places an emphasis on graduate outcomes, professional relevance, quality, and student-focused learning, which translates into students who are proficient in their field and ready to join the workforce immediately upon graduation,” notes Oregon Tech president, Nagi Naganathan. “This ranking verifies the value Oregon Tech provides to our students through the quality of education, the caliber of our faculty, and the professionally focused opportunities we provide. The PayScale report is another verification of our commitment to excellence, innovation, and student success.”
PayScale: Best Value Colleges in Oregon
The state of Oregon is known for being green, and it’s not just because of the lush forests of the area or because the people of Oregon tend to live an environmentally conscious lifestyle. Those who choose to go to college in the state of Oregon earn big when it comes to the ROI on their tuition dollars.
PayScale specifically notes the high return on investment of Oregon Tech among all Oregon schools:
“The Oregon Institute of Technology, situated in Klamath Falls, flaunts fantastic views of the southern Cascade Mountains and Upper Klamath Lake. OIT is well-known in the area for its focus on engineering. Engineering students from OIT are highly sought after and recruited by corporations around the world. Attending OIT means attending a relatively small school, reporting only around 4,000 undergraduates enrolled in 2014. This means you can expect smaller class sizes, and more one-on-one time with OIT professors and instructors.”
The data used in PayScale's College Return on Investment report is collected through ongoing, online compensation surveys. People complete the PayScale survey to understand their price in the labor market. Users provide data about their jobs, compensation, employer, demographics and educational background and in return, PayScale provides them with a detailed compensation report that compares their compensation to others like them. The PayScale data are based on 1.4 million respondents over a decade, from 2007 to 2018. The average sample size for an included school is 935 alumni profiles.
To view the complete “2018 College Education ROI Report” and the list of all institutions ranked, go to PayScale.