Ivy League Schools Outspend Public Universities
In a recent article, FORBES examined the higher education institutions that make up half of the nation’s endowment wealth. Out of the 22 that made the list, eight were Ivy League schools that constitute 21 percent of the endowment assets. Based on this information and factors like federal subsidies for research, FORBES estimated that the list’s top two schools, Harvard and Yale, spent $96,000 per student during the 2011-2012 academic year. Conversely, four-year state schools spend less than $25,000 on each student. The top ten schools on the list are as follows: Harvard University Yale University University of Texas System. Read More.
Writer Examines Validity of PayScale’s College ROI Report
After the release of PayScale’s annual college return on investment (ROI) report, Forbes writer Susan Adams questioned the website’s methods of measuring a higher institution’s ROI. Despite PayScale stating its approach is transparent, Adams followed up with six schools ranked in the report’s bottom ten. Per Adams’ discovery, the colleges reported that PayScale’s efforts in collecting data were outdated and skewed. For instance, PayScale takes into consideration alumni who graduated in 1994 and beyond, uses the median salaries the graduates currently earn and calculates the numbers for the 20-year ROI in today’s dollars. Those figures are then projected for 20. Read More.