Kettering University is among the top 31 universities and colleges providing students the best bang for their buck, according to Business Insider.
“We pride ourselves on providing students with an excellent return on investment,” said Kettering University President Dr. Robert K. McMahan. “Our unique cooperative learning experience allows students to start seeing the value of their Kettering education long before graduation. Students begin earning a salary, often along with a 401k or other benefits, in their first year allowing them to graduate with up to 2.5 years of work experience and far less or even no debt.”
The magazine used information from Georgetown University’s Center on Education and Workforce database ranking 4,500 colleges on their return on investment using the average net price and earnings from the US Department of Education’s College Scorecard to rank the top universities in the country based on how much the investment will be worth in 40 years in today’s dollars.
Kettering University’s 40-year return on investment of $1,642,000 put it ahead of Princeton University.
The Co-op program includes students alternating academic, on-campus terms attending classes with on-site work experience at one of nearly 500 partner organizations and companies, arming them with a degree and up to 2.5 years of professional experience when they graduate.
Business Insider is not the first publication to recognize Kettering’s value and return on investment.
Niche and SmartAsset ranked Kettering at No. 3 for the Best Value Colleges in Michigan in 2023 and 2022, respectively. Collegefactual.com also determined Kettering graduates receive an average of an 8% annualized return on their investment.