Tue, Apr 22 2014
LeTourneau University in Longview, Texas, ranked 5th among the top 10 schools with the best return on investment in the state, and ranked 2nd among private Texas colleges and universities, according to Seattle-based PayScale Inc.
The 2014 PayScale College ROI Report recently ranked U.S. colleges and universities on the total income graduates will earn after 20 years in the workforce, subtracting the cost of the college education and what they would have earned as high school graduates.
The 20-year ROI in Texas are:
1. Rice University, $633,400 (private)
2. Texas A&M University, $566,700
3. University of Texas at Austin, $497,100
4. Prairie View A&M University, $494,900
5. LeTourneau University, $436,000 (private)
6. University of Texas at Dallas, $435,400
7. University of Houston, $409,300
8. University of Texas at Arlington, $402,500
9. Southern Methodist University, $401,900 (private)
10. Texas Tech University, $398,800
The purpose of the rankings is to provide insight into the value of a college education compared to other investments.
“Among all the faith-based universities in Texas, LeTourneau University ranks number one for return on investment,” said LETU Provost Dr. Philip A. Coyle. “Actually, on a national level among all evangelical faith-based universities, LeTourneau University ranks at the very top as a best investment choice for today's students. Not only do we have an exceptionally high placement rate above 90%, but in addition to our commitment to nurture Christian virtue, our students’ tuition investments result in the highest earning outcomes among all faith-based universities.”
To see the listing, go to http://www.payscale.com/college-roi/#by-state/Texas .
The top schools in the listings, both statewide and nationally, have strong programs in engineering and technology. The top three schools nationally were Harvey Mudd College, California Institute of Technology and Massachusetts Institute of Technology, respectively.
About LeTourneau University:
LeTourneau University is a Christ-centered, interdenominational institute of higher learning offering a wide array of undergraduate and graduate degree programs in aviation, arts & sciences, business, education and engineering. The university enrolls more than 2,700 students representing nearly all 50 states, more than 30 foreign countries, and 53 different denominational groups. Around 1,300 study at its main campus in Longview, Texas, a progressive hub city nestled among beautiful pine-forested hills and lakes in East Texas, approximately 120 miles east of Dallas, Texas, and 60 miles west of Shreveport, La. Students are also enrolled in a robust suite of online programs, as well as the university’s innovative hybrid programs in Dallas and Houston. Committed to its core mission, LeTourneau University is a comprehensive institution of Christian higher education where educators engage learners to nurture Christian virtue, to develop competency and ingenuity in their professional fields, to integrate faith and work, and to serve the local and global community. The university is also led by its vision: Claiming every workplace in every nation as their mission field, LeTourneau University graduates are professionals of ingenuity and Christ-like character who see life's work as a holy calling with eternal impact.
For additional information, visit www.letu.edu.