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The Economist Lists Rose-Hulman 23rd Nationally, 1st among Indiana Colleges for Value

November 5, 2015

Diversity And Strong Academic Backgrounds

Strong In Many Areas: The diversity and strong academic backgrounds of Rose-Hulman students were among several variables examined by The Economist for it’s first-ever college rankings.

Add the prestigious international publication The Economist to the list of organizations ranking Rose-Hulman for having a top economic value among U.S. colleges and universities.

Rose-Hulman placed prominently in the following classifications:

  • 23rd nationally among nearly 1,275 four-year institutions
  • 1st among 41 Indiana institutions

The Economist’s first-ever college rankings took into account the U.S. Department of Education’s College Scorecard, along with numerous variables to determine the expected earnings potential for an institution. Some of these matters include SAT scores, sex and racial breakdown, school size and type (public/private), course work studied, and Pell grant percentages.

From this, the publication determined that Rose-Hulman students entering in 2001 were expected to earn an average annual salary of $70,532 after 10 years. However, it turned out that these graduates earned $78,900 in 2011--an increase of $8,368. This difference was used in determining the rankings.

In announcing its rankings, The Economist notes: “For students who want to know which colleges are likely to boost their future salaries by the greatest amount, given their qualifications and preferences regarding career and location, we hope these rankings prove helpful.”

The Economist rankings affirmed other previously announced rankings that place Rose-Hulman high on the list for value added and return on investment:

  • The Brookings Metropolitan Policy Program’s 2015 “Beyond College Rankings: A Value-Added Approach to Assessing Two and Four-Year Schools,” ranked Rose-Hulman fourth nationally in an assessment of how well colleges affect student post-graduation economic success.
  • PayScale’s 2015 Return on Investment Report gave Rose-Hulman a 20-year net return on investment ranking that was No. 13 among all U.S. institutions and best among all Indiana institutions.