Education

Cal Poly ranks among best universities for return on investment

An entrance to Cal Poly in San Luis Obispo.
An entrance to Cal Poly in San Luis Obispo. jjohnston@thetribunenews.com

Cal Poly has been ranked 29th in the nation and ninth among U.S. public universities in its return on tuition investment by PayScale.com.

The assessment examined more than 1,200 colleges, looking at how much graduates spent on their college education, comparing that with their career earnings.

The study cited Cal Poly’s total cost at $93,200 and its return on investment being $669,800 over a 20-year period.

Cal Poly dropped two slots from No. 7 among public universities last year but rose four spots from its overall rank of No. 33 last year.

Cal Poly’s computer science majors reported returns on investment of nearly $1 million — $989,800 — over 20 years, the highest among university degrees. Engineers earned $809,800 over that period.

Cal Poly’s graduation rate was listed at 70 percent, and the typical length of time to graduate was five years, the report said.

Harvey Mudd College was the top-ranked university on the list, and Caltech was second.

For more information, go to http://www.payscale.com/college-roi/.

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