NEWS

Louisiana Tech ranked No. 1 again in ROI for both in-state and out-of-state students

Mar 9, 2015 | General News

PayScale.com’s 2015 College ROI Report ranks Louisiana Tech University No. 1 in the State of Louisiana among all public and private institutions in overall return on investment (ROI) for both in-state and out-of-state students.
Louisiana Tech earned the state’s highest ranking in both annual percent ROI and 20-year net ROI for students living on campus and receiving financial aid, and who are paying in-state or out-of-state tuition.
Fall Commencement 11/15/2014, Saturday, 11/15/2014, Ruston, LA, photo by Donny J Crowe, Copyright:Louisiana Tech University.All Rights Reserved.(dcrowe@latech.edu) 318-257-4854In addition to Louisiana Tech’s No. 1 ranking in the state, the university ranks No. 13 in the nation (in-state tuition) in highest annual percent ROI for students living on-campus and receiving financial aid. Louisiana Tech also ranks No. 2 in the nation (in-state) among engineering majors and engineering careers, for highest annual percent ROI for students living on-campus and receiving financial aid.
“Providing our students and graduates with a superior educational experience as well as a high return on their college investments is critical to recruiting and retaining the best students in the nation to Louisiana Tech,” said Louisiana Tech President Les Guice. “Although we are proud of these rankings and the recognition they bring to our university, we are motivated by the success of our students and graduates, and the contributions they are making to strengthen our state and our economic competitiveness.
“Louisiana Tech remains steadfast in its commitment to create opportunities for students to excel in their studies and to prepare graduates to lead their organizations and industries into the future.”
PayScale.com’s 2015 College ROI Report shows that Louisiana Tech’s in-state students with financial aid who graduated with a bachelor’s degree earned an annual ROI of 14.4 percent, paying an average of $69,400 for their degree with 20-year net earnings of $474,000. Louisiana Tech’s out-of-state students with financial aid who graduated with a bachelor’s degree earned an annual ROI of 10.6 percent, paying an average of $103,500 for their degree with 20-year net earnings of $439,900.
The rankings are based on the students’ 20-year net ROI with financial aid. The 20-year net ROI represents the annual ROI that a graduate will earn after graduation in 20 years of working, minus both what they would have earned as a high school graduate and the cost of college (tuition, room and board, books and supplies).
In annual percent ROI among Louisiana institutions, Louisiana Tech was followed by the University of Louisiana-Monroe (in-state), Louisiana State University (in-state), McNeese State University (in-state) and the University of New Orleans (in-state.) The 20-year net ROI list had Louisiana Tech (in-state) at No. 1 followed by Louisiana State (in-state), Louisiana Tech (out-of-state), Tulane University (private) and Louisiana State (out-of-state.)
For more information on the PayScale.com 2015 College ROI Report, visit http://www.payscale.com/college-roi.