{"659432":{"#nid":"659432","#data":{"type":"news","title":"Tech\u2019s Return on Investment Stands Out ","body":[{"value":"\u003Cp\u003EWith rising costs affecting everything from food to gasoline, many may be asking the question: Is seeking a higher education worth the price?\u003C\/p\u003E\r\n\r\n\u003Cp\u003EA recent effort involving the University System of Georgia (USG) partnering with the U.S. Census Bureau on a project called Post-Secondary Employment Outcomes (PSEO) helps answer that question affirmatively. The project, which provides national employment outcomes for USG graduates that has been published on the \u003Ca href=\u0022https:\/\/lehd.ces.census.gov\/data\/pseo_experimental.html\u0022\u003EPSEO Explorer website\u003C\/a\u003E, indicates that Georgia Tech stands out as a particularly advantageous financial decision. Georgia Tech had the highest earnings of all USG colleges for baccalaureate graduates at one ($43,579), five ($61,200), and 10 years ($74,633) after graduation.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026ldquo;We are proud that Tech consistently provides an excellent return on investment for our students and their families,\u0026rdquo; said President \u0026Aacute;ngel Cabrera. \u0026ldquo;The returns are equally valuable for the economy of the state, as many of our talented students begin their careers in Georgia. In fact, 54% of our baccalaureate graduates still work in the state five years after graduating.\u0026rdquo;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EComputer and information services graduates had the highest average salaries at $73,936 one year after graduation, $94,314 five years after graduation, and $124,663 10 years after graduation.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EGeorgia Tech also rose to the top in the ROI realm in February when Georgetown University shared \u003Ca href=\u0022https:\/\/cew.georgetown.edu\/cew-reports\/roi2022\/\u0022\u003Edata\u003C\/a\u003E from the College Scorecard on 4,500 colleges and universities to compare net present value (NPV). The NPV calculation considers costs, future salaries, investing, and earning a specific amount of money. Tech ranked highest among public universities in Georgia for 20-year NPV, at $958,000, and it ranked No. 20 at the 20-year mark out of all 4,500 schools listed, placing it solidly as one of the best choices for NPV in the country.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EPayScale.com also \u003Ca href=\u0022https:\/\/finaid.gatech.edu\/costs\/return-on-investment\u0022\u003Eranks\u003C\/a\u003E Tech as No. 1 in Georgia and No. 13 among all U.S. colleges for providing the best 20-year return on investment. In 2020, the average starting salary for a Georgia Tech graduate was $75,000, compared to the national average of $55,200.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026ldquo;We are fortunate to find ourselves growing, hitting records in both enrollment and applications,\u0026rdquo; said Cabrera. \u0026ldquo;Thanks to state investments, enrollment growth and fiscal prudence, we are able to offer a growing number of excellent students an affordable education with one of the best values in higher education.\u0026rdquo;\u003C\/p\u003E\r\n","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EA U.S. Census Bureau project shows a Tech education stands out as a particularly advantageous financial decision.\u003C\/p\u003E\r\n","format":"limited_html"}],"field_summary_sentence":[{"value":"A U.S. Census Bureau project shows a Tech education stands out as a particularly advantageous financial decision."}],"uid":"27299","created_gmt":"2022-07-15 19:03:19","changed_gmt":"2022-07-19 01:17:46","author":"Michael Hagearty","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2022-07-18T00:00:00-04:00","iso_date":"2022-07-18T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"659433":{"id":"659433","type":"image","title":"Georgia Tech graduate","body":null,"created":"1657912930","gmt_created":"2022-07-15 19:22:10","changed":"1657912930","gmt_changed":"2022-07-15 19:22:10","alt":"Master\u0027s student receiving his diploma at the Georgia Tech Commencement ceremony","file":{"fid":"249370","name":"Untitled (1600 \u00d7 900 px).png","image_path":"\/sites\/default\/files\/images\/Untitled%20%281600%20%C3%97%20900%20px%29.png","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/Untitled%20%281600%20%C3%97%20900%20px%29.png","mime":"image\/png","size":1948862,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/Untitled%20%281600%20%C3%97%20900%20px%29.png?itok=FwsmUnNH"}}},"media_ids":["659433"],"related_links":[{"url":"https:\/\/lehd.ces.census.gov\/data\/pseo_experimental.html","title":"Post-Secondary Employment Outcomes (PSEO)"}],"groups":[{"id":"1317","name":"News Briefs"}],"categories":[{"id":"129","name":"Institute and Campus"}],"keywords":[{"id":"13983","name":"Return on investment"},{"id":"117511","name":"ROI"},{"id":"3430","name":"value"},{"id":"190940","name":"employment outcomes"}],"core_research_areas":[],"news_room_topics":[{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003E\u003Ca href=\u0022mailto:mediarelations@comm.gatech.edu\u0022\u003Emediarelations@comm.gatech.edu\u003C\/a\u003E\u003C\/p\u003E\r\n","format":"limited_html"}],"email":[],"slides":[],"orientation":[],"userdata":""}}}