A new report out from the Georgetown University Center on Education and the Workforce (CEW) takes a look at return on investment at colleges and universities in the U.S. and places Oregon Institute of Technology, “Oregon Tech,” alumni as the highest earning graduates of any four-year Oregon university.
Using data from the College Scorecard statistics, the Georgetown University CEW ranks colleges and universities by net present value (NVP), the economic gains graduates realize after paying off college debt. The report calculates net present value at 10, 15, 20, 30, and 40 years after graduation.
The CEW study, “A First Try at ROI: Ranking 4,500 Colleges,” places Oregon Tech among the nation’s top 4% of institutions in long-term return on investment. Oregon Tech is also the top university in all categories among the state’s public and private four-year colleges and universities.
Oregon Tech ranks 179th in the nation out of 4,500 colleges and universities for 40-year return on investment, with an average return of $1,221,000 for a bachelor’s degree recipient. Oregon Tech’s 10-year return on investment is $160,000, but the value of an Oregon Tech degree increases over time for 15-year NPV ranking at No. 224 nationally with a net return of $383,000, while the 20-year and 30-year rankings are 178th and 176th in the nation, respectively.
This ranking aligns with the results of the U.S. News and World Report “Best Colleges 2020” rankings, which lists Oregon Tech at No. 2 Top Public College in the West and No. 6 Best Western Regional Colleges. The University also ranks as a top university in the nation for annual return on investment by PayScale and SmartAsset.
For more information about Oregon Tech’s accolades and rankings, visit www.oit.edu/news/university-accolades-rankings. A complete list of the ranking above can be found at https://cew.georgetown.edu/cew-reports/collegeroi/.