Hofstra University ranks in the top nine percent of colleges and universities nationwide for return on investment, and scores even higher when it comes to starting and mid-career salaries for graduates, according to the Payscale.com 2014-15 College Education ROI Rankings and the Payscale.com 2014-15 College Salary Report.
Based on starting and mid-career salaries for graduates with a bachelor’s degree, Hofstra ranks 123 out of 1,312 colleges and universities for overall return on investment (top nine percent) and 62 out of 476 private colleges and universities (top 13 percent nationwide). Both rankings are an improvement over 2013, when Hofstra ranked in top 12 percent overall and the top 15 percent among private colleges and universities nationwide.
The Payscale ROI survey considers the cost of tuition and the payoff in median lifetime earnings associated with each school.
Hofstra alumni also rank high in earning power, the survey found. Pride alums with a bachelor’s degree were in the top six percent nationwide for median starting ($46,600-a-year) and mid-career ($101,000-a-year) salaries. Alums with a master’s degree or higher ranked in the top seven percent, according to the Payscale.com report.