Park University Among Top Private Colleges for Best Bang for the Buck

Monday, April 25, 2016

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ROI BadgePark University has been recognized in the 2016 PayScale College ROI Report as being one of the top private colleges/universities in the country offering the best annual return on investment.

Among students who live on campus, not including financial aid received, Park ranked No. 2 in the country among private schools with an annual return on investment of 9.5 percent, trailing only Brigham Young University. Among schools based in Missouri, Park was No. 1 among private colleges/universities and No. 2 overall.

When financial aid is included, Park ranked No. 13 in the country among private schools with an annual ROI of 12.5 percent (tied with Duke University and behind only Harvard, Massachusetts Institute of Technology, Princeton, BYU, Stanford, Yale, California Institute of Technology, Rice, Washington and Lee, Columbia University, Dartmouth and Penn). Among schools based in Missouri, Park again ranked No. 1 among private colleges/universities and No. 2 overall.

For students who live off campus, not including financial aid received, Park ranked No. 5 in the country among private schools with an annual ROI of 9.7 percent. Park ranked No. 1 among all schools based in Missouri. When financial aid received is included, Park ranked No. 6 in the country among private schools and No. 1 overall among schools based in Missouri.

“While our low tuition price sets us apart from our peers, it is the tremendous success our students have in finding employment that speaks volumes about the transformative power of Park University that is at the foundation of our students’ demonstrated return on investment,” said Park University President Greg Gunderson, Ph.D.

In addition, Park’s business and computer science majors fared well for annual return on investment among private colleges/universities in the country. For business majors at Park who live on campus, the University ranked No. 2 among private schools nationwide, both when financial aid is included and not included, at 9.9 percent and 13.0 percent ROI, respectively (both behind only BYU). For computer science majors, not including financial aid, for both living on campus and living off campus, Park ranked No. 2 (again, behind only BYU) at 11.6 percent and 15.0 percent ROI, respectively. For those living off campus with financial aid included, Park was No. 2 (behind BYU) at 11.8 percent ROI.

The complete report can be found at: www.payscale.com/college-roi.
          •  The report for best value private colleges: www.payscale.com/college-roi/school-type/private
          •  The report for best value colleges based in Missouri: www.payscale.com/college-roi/state/Missouri
          •  The report for business majors: www.payscale.com/college-roi/major/business
          •  The report for computer science majors: www.payscale.com/college-roi/major/computer-science
The methodology for the report: www.payscale.com/college-roi/methodology
                    (Note — In order to view the various reports (there are eight in all for each link), you will need to change the “On Campus,” “Financial Aid” and “ROI Type” parameters (the default is On Campus/Without Financial Aid/20-Yr Net ROI).


The complete 2016 ROI rankings for Park University:

          •  Living on campus, without financial aid, 20-year net ROI — Ranked No. 181 (tie) overall and No. 66 among private schools at $452,000 for 20-year net ROI.
                    o  For schools based in Missouri, Park ranked No. 5 overall and No. 3 among privates (behind Missouri University of Science and Technology [for both in-state and out-of-state], Washington University [private] and Rockhurst University [private])

          •  Living on campus, without financial aid, annual % ROI — Ranked No. 74 (tie) overall and No. 2 among private schools at 9.5% annual ROI (behind only Brigham Young University, which tied for No. 2 overall at 12.4% annual ROI).
                    o  For schools based in Missouri, Park ranked No. 2 overall (behind Missouri S&T at 12.2%) and No. 1 among privates (No. 2 was Columbia College at 7.5%, 2.0% less than Park).

          •  Living on campus, with financial aid, 20-year net ROI — Ranked No. 195 (tie) overall and No. 86 (tie) among private schools at $490,000 for 20-year net ROI.
                    o  For schools based in Missouri, Park ranked No. 5 overall and No. 3 among privates (behind Missouri S&T [for both in-state and out-of-state], Washington University [private] and Rockhurst [private])

          •  Living on campus, with financial aid, annual % ROI — Ranked No. 73 (tie) overall and No. 13 (tie) among private schools at 12.5% annual ROI (tied with Duke University, and behind only Harvard University, Massachusetts Institute of Technology, Princeton University, BYU, Stanford University, Yale University, California Institute of Technology, Rice University, Washington & Lee University, Columbia University, Dartmouth College and University of Pennsylvania).
                    o  For schools based in Missouri, Park ranked No. 2 overall (behind Missouri S&T at 14.9%) and No. 1 among privates (No. 2 was Rockhurst at 10.9%, 1.6% less than Park).

          •  Living off campus, without financial aid, 20-year net ROI — Ranked No. 123 overall and No. 35 among private schools at $456,000 for 20-year net ROI.
                    o  For schools based in Missouri, Park ranked No. 1 overall (No. 2 was UMKC at $392,000, $46,600 less than Park; No. 2 private was Saint Louis University at $344,000, $112,000 less than Park.)

          •  Living off campus, without financial aid, annual % ROI — Ranked No. 53 (tie) overall and No. 5 (tie) among private schools at 9.7% annual ROI (tied with Strayer University, and behind Columbia Southern University (No. 1 overall at 14.5%), BYU (No. 6 overall at 12.4%), Embry-Riddle Aeronautical University (No. 16 [tie] at 11.2%) and Western International University (No. 27 [tie] at 10.1%.
                    o  For schools based in Missouri, Park ranked No. 1 overall (No. 2 was both Northwest Missouri State University and University of Missouri-Kansas City at 8.2%, 1.5% less than Park; No. 2 private was Columbia College at 7.2%, 2.5% less than Park.)

          •  Living off campus, with financial aid, 20-year net ROI — Ranked No. 128 (tie) overall and No. 43 among private schools at $494,000 for 20-year net ROI.
                    o  For schools based in Missouri, Park ranked No. 1 overall (No. 2 was Saint Louis University at $437,000, $39,600 less than Park; No. 2 private was Columbia College at $288,000, $206,000 less than Park.)

          •  Living off campus, with financial aid, annual % ROI — Ranked No. 37 (tie) overall and No. 6 among private schools at 12.8% annual ROI (behind Columbia Southern University (No. 2 overall at 16.0%), BYU and Wellesley College (No. 19 [tie] overall at 14.0%), Cal Tech (No. 27 overall [tie] at 13.4%) and Rice (No. 30 [tie] at 13.3%).
                    o  For schools based in Missouri, Park ranked No. 1 overall (No. 2 was Northwest Missouri State at 10.8%, 2.0% less than Park; No. 2 private was Columbia College at 8.9%, 3.9% less than Park.)


For specific majors, Park’s rankings within the top 10:
Business Majors
          • Living on campus, without financial aid, annual % ROI — Ranked No. 56 (tie) overall and No. 3 among private schools at 9.7% annual ROI (behind BYU [No. 1 (tie) overall at 12.7%] and Grove City College [No. 34 (tie) at 10.2%])
          • Living on campus, with financial aid, annual % ROI — Ranked No. 48 (tie) overall and No. 4 private at 12.7% annual ROI (behind BYU [No. 12 overall at 14.3%], University of Pennsylvania [No. 17 (tie) at 13.8%] and Georgetown University [No. 33 (tie) at 13.1%])
          • Living off campus, without financial aid, annual % ROI — Ranked No. 38 (tie) overall and No. 2 private at 9.9% annual ROI (behind BYU [No. 2 overall at 12.7%])
          • Living off campus, with financial aid, annual % ROI — Ranked No. 27 (tie) overall and No. 2 private at 13.0% (behind BYU (No. 11 overall at 14.3%])

Computer Science Majors
          • Living on campus, without financial aid, annual % ROI — Ranked No. 60 (tie) overall and No. 2 among private schools at 11.6% (behind BYU [No. 1 overall at 14.5%])
          • Living on campus, with financial aid, annual % ROI — Ranked No. 50 (tie) overall and No. 5 private at 14.6% (behind Stanford [No. 4 overall at 16.9%], BYU [No. 8 (tie) at 16.5%], Columbia University [No. 23 (tie) at 15.7%] and MIT [No. 46 (tie) at 14.7%])
          • Living off campus, without financial aid, 20-year net ROI — Ranked No. 106 (tie) overall and No. 8 private at $706,000
          • Living off campus without financial aid, annual % ROI — Ranked No. 45 (tie) and No. 2 private at 11.8% (behind BYU [No. 1 overall at 14.9%])
          • Living off campus, with financial aid, annual % ROI — Ranked No. 31 (tie) and No. 2 private at 15.0% (behind BYU [No. 12 (tie) overall at 16.5%])