PayScale’s 2016 Survey Ranks University
in Top 10 Percent for Mid-Career ROI
MELBOURNE, FLA. — Florida Institute of Technology is among the nation’s best universities for return on investment 20 years after graduation, according to the 2016 PayScale College ROI Report released recently.
With a $620,000 20-Year net ROI for graduates, Florida Tech ranked 53rd overall among more than 1,340 schools listed on the annual report from PayScale, a respected provider of cloud compensation software.
The private, nonprofit research university was No. 27 among 505 private universities nationwide and easily the highest ranked university in the Sunshine State.
Florida Tech was also ranked No. 36 among more than 420 research schools across the country.
“For most people, college is one of the largest expenses they’ll ever take on, so it makes sense to think about it like any other financial investment,” said Aubrey Bach, PayScale’s head of alumni analytics. “We created the College ROI Report to help students and their families understand the long-term implications of their decisions about school and major.”
The full listings can be found at www.payscale.com/college-roi.