It’s impossible to put a price on the value of a Grove City College education, but a recent report from the career-building and salary-tracking website PayScale takes a shot – and the analysis is impressive.
Grove City College is in the top 12 percent of colleges and universities in PayScale’s Best Value rankings based on positive graduate outcomes – starting salaries, midcareer earnings and more – and scored even higher in a half-dozen rundowns of specialty schools.
PayScale looks at the monetary return on a college education based on the cost of attendance and earning potential of alumni to determine a school’s return on investment, or ROI.
PayScale finds a student’s four-year tuition investment at Grove City College will yield a more than 400 percent return over two decades. The website’s review is based on a rough cost of attendance of $105,000 and estimated average earnings over and above those without a College degree of $431,000.
Grove City College graduates have an average starting salary of $56,000 and average mid-career earnings of $108,900 per year, according to PayScale.
In addition to the overall Best Value College ranking, Grove City College is highly ranked in the following PayScale Best Value catagories:
- #11 in Pennsylvania
- #23 in Religious Colleges
- #22 in Liberal Arts
- #7 in Sober Schools
- #91 in Private Colleges
- #91 in Engineering Schools (Where more than 50 percent of degrees are in STEM disciplines.)
The recognition from PayScale comes in addition to “best value” accolades from a number of nationally recognized evaluators, including The Princeton Review, Forbes, College Raptor and U.S. News.
Known for its commitment to academic excellence, fostering a Christ-centered learning and living environment and overall affordability, Grove City College also has a solid record of positive outcomes for graduates, including an 81 percent four-year graduation rate and a 96 percent success rate for recent graduates seeking work or graduate school placement. The College’s Career Services Office is ranked 8th in the nation by The Princeton Review, which also places the College in the top ten for Best Schools for Internships.
The College is the least expensive private college in Pennsylvania with an annual tuition of less than $18,000, and one of just a handful of higher education institutions that don’t accept any federal aid, including student loans and grants. Private loans and generous need- and merit-based aid packages available to most students make it possible for many students to graduate with little debt and nearly 45 percent with no debt at all.
To see PayScale’s Best Value college rankings, visit payscale.com/college-roi.