Rensselaer Polytechnic Institute continues to be among the top universities in the nation for providing an outstanding return on investment (ROI), according to a new study by PayScale.com.
The 2014 PayScale College ROI Report ranks Rensselaer as 34th of the 1,310 colleges included in the study. The report ranks Rensselaer as 23rd among private universities and 16th among private research universities. Calculations were based on the total cost of attending a university in relation to the salaries of graduates. According to the report, a Rensselaer education provides graduates with a 6.7 percent annual return on their investment over the 20 years following graduation.
When considering the return on investment for specific degrees attained at private research universities, a Rensselaer education ranked 10th for engineering, 13th for computer science, and 29th for business.
The PayScale report is the latest recognition of the Institute’s long-held reputation as one of the nation’s top universities. Other recent recognitions include:
- Engineering graduate program ranked 38th in the United States (March 2014) | U.S. News & World Report
- Games and Simulation Arts and Sciences Program ranked 18th in nation (March 2014) | Princeton Review
- Ranked 41st in the nation among all among national research universities (Sept. 2013) | U.S. News & World Report
- Engineering undergraduate program ranked 26th in nation (Sept. 2013) | U.S. News & World
Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological research university. The university offers bachelor’s, master’s, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals worldwide. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with emphasis in biotechnology, nanotechnology, computational science and engineering, and the media arts and technology.