A degree from Northern Illinois University provides one of the best returns on investment offered by any college or university in the state, according to rankings released Monday by Affordable Colleges Online.
According to the authors, the rankings strive to identify those colleges and universities that offer the greatest lifetime return on investment. Graduates from ranked schools enjoy the largest earnings gap between non-degree holders over 30 years and earn more on average than graduates from other Illinois schools.
The authors analyzed 315 institutions across Illinois and ultimately ranked 39 of them.
Based on the criteria, NIU offered the third-best return on investment among all public universities in the state, and ranked 10th overall when private institutions were included. According to the authors, the average graduate from Northern Illinois University will earn about $600,000 more over the course of his or her career than an individual without a degree.
“We are pleased to be recognized on this list for the value that we provide,” said NIU President Doug Baker. “Ensuring that our students receive an excellent, affordable education – one that prepares them for career success – is at the heart of our mission, and this ranking tells us that we are on the right track.”