Oregon Tech Ranks #1 in Oregon, Top 1% in Nation for Best Return on Investment Ranking
Oregon Tech is in the top one percent in the nation in PayScale’s most recent release of top colleges based on graduates’ return on tuition and borrowing investments. An Oregon Tech degree is noted as having the highest return on investment (ROI) of any colleges or universities in Oregon.
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 17th out of approximately 1,400 schools nationally for annual ROI (48th 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. PayScale reports that the average college student graduating accumulates almost $30,000 in student loans, while Oregon Tech graduates are listed by PayScale at $24,700, tied as the lowest of ranked Oregon public higher education institutions, and have a typical starting salary of $56,000 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 graduates who are career-ready professionals,” 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 opportunities we provide. We are committed to excellence, innovation, and student-success.”
PayScale specifically notes the high return on investment of Oregon Tech among all Oregon schools:
“Those who choose to go to college in the state of Oregon earn big when it comes to the ROI on their tuition dollars. 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. 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 1.3 million respondents over a decade, from 2007 to 2017. The average sample size for an included school is 445 alumni profiles.
To view the complete “2017 College Education ROI Report” and the list of all institutions ranked, go to PayScale.