CCU ranks on ROI list - WMBFNews.com, Myrtle Beach/Florence SC, Weather

CCU ranks on ROI list

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CONWAY, SC (WMBF) - If you've got kids, college is something you're likely going to have to think about. Looking into the return on your investment plays a huge role when it comes to picking a college. Some local schools didn't do so well on a recent ROI ranking list.

It's called Payscale and it's a pretty popular website among job seekers. These rankings have gotten national attention, but  CCU says Payscale's Roi findings aren't consistent with what they hear from CCU graduates.

"Talking to alumni who've graduated 5 years ago, 10 years ago, 20 years ago, they can tell you," says Martha Hunn, Director of News and Public Affairs for CCU. "Alumni can tell you if it was a great return on their investment. And if it is continuing to be a great return on their investment," and as an alum herself, "it is. from what I've experienced, from the alumni I speak with everyday."

The Payscale ranking takes data collected from users who want to compare salary information for certain careers in certain locations. To do that, they have to also enter in information about their school, and that is how these rankings were formed.

CCU's in-state ROI ranking, according to payscale, is 1174 out of nearly 5,000 colleges and universities in the country. The out-of-state ranking is 1265. 

The ranking is based on 173 former students who submitted information.

But CCU says their own analysis of alumni paints a better picture.
CCU institutional research surveys its alumni nine months after they graduate, twice a year.

"Here's what we know," Hunn says. "We know that of those surveyed,  83 percent tell us that they are gainfully employed. Of those surveyed, 73 percent tell us that they're employed in their chosen field. Their area of study. Now we see that as a high return on investment."
The full list of rankings can be found here: http://www.payscale.com/college-education-value-2013.3
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