Daemen Ranks in Top 15 in Upstate in Return on Investment
June 23, 2014
Director of Institutional Communication
AMHERST, N.Y. – A Daemen College education has been recognized as one of Upstate New York’s most sound financial investments, ranking 14th on return on investment (ROI) among area colleges in PayScale’s 2014 ROI Report.
The report examines the earning potential of graduates from more than 1,000 colleges and universities across the United States. Daemen is ranked in the top 15 of 40 Upstate New York colleges, joining other prestigious private institutions in the state such as Rensselaer Polytechnic Institute (No. 1), Clarkson University (No. 4), Rochester Institute of Technology (No. 7), and Syracuse University (No. 12).
“This ranking speaks to the high quality Daemen education that’s provided and its long-term, tangible and financial value in achieving a successful and rewarding career,” said Daemen President Gary A. Olson. “It’s also a positive reflection of our committed faculty and staff who strive to offer an academic experience that will have a lasting, beneficial impact on students.”
PayScale, which collects compensation data, ranks colleges based on financial gain a graduate can expect to realize from an investment in a bachelor’s degree at that college. The firm found the 20-year ROI for a Daemen graduate to be nearly $292,000. ROI is based on the total income a graduate will earn 20 years after graduation, minus what they would have earned as a high-school graduate and the cost of college.