Stevens Institute of Technology is one of the nation's best colleges for students seeking a superb education with great career preparation and at an affordable price, according to The Princeton Review.
The education services company features the school in the 2016 edition of its just published book, Colleges That Pay You Back: The 200 Schools That Give You the Best Bang for Your Tuition Buck.
The Princeton Review chose the schools based on ROI (return on investment) ratings it tallied for 650 schools last year. The ratings weighted 40 data points that covered everything from academics, cost and financial aid to graduation rates, student debt, and alumni salaries and job satisfaction. The Princeton Review editors culled data from the company's surveys of administrators and students in 2014-15 and from PayScale.com's surveys of school alumni conducted through April 2015.
"We highly recommend Stevens Institute of Technology and all of our Colleges That Pay You Back," said Robert Franek, The Princeton Review’s senior VP / publisher and lead author of the book. "Students at these colleges have access to extraordinary career services programs from their freshman year on, plus a lifetime of alumni connections and post-grad support."
Colleges That Pay You Back has seven categories of ranking lists. In the book's profile of Stevens, The Princeton Review editors praise the school for its career placement, ranking it #6 in the nation. The "Career Information" section of the profile lists an exceptional ROI (return on investment) rating for Stevens. It also cites PayScale figures reporting Stevens graduates with at least a bachelor's degree have a median starting salary of $67,100. According to the 2015 College ROI Report from PayScale, Stevens is ranked 3rd in the country for the 20-year ROI. The university is also ranked 5th for median earnings by Georgetown University Center on Education and the Workforce in a 2015 study, "Your College: Where You Go and What You Make." In addition, The Princeton Review has included Stevens as one of 50 schools in its 2016 book, “Colleges That Create Futures.”
In addition to recognition for top-notch career services, The Princeton Review also ranked Stevens #15 in the nation in the category, “College City Gets High Marks.” Stevens students the company surveyed said the university’s location in Hoboken, New Jersey supplies students with “more opportunities for internships and jobs due to having the better of both worlds with New York City and New Jersey that can offer so much.”
For more information about Colleges that Pay Back, school profiles and the book's seven categories of ranking lists, visit princetonreview.com/college-rankings/colleges-that-pay-you-back.
Stevens Institute of Technology, The Innovation University®, is a premier, private research university situated in Hoboken, N.J. overlooking the Manhattan skyline. Founded in 1870, technological innovation has been the hallmark and legacy of Stevens’ education and research programs for more than 145 years. Within the university’s three schools and one college, more than 6,800 undergraduate and graduate students collaborate with more than 380 faculty members in an interdisciplinary, student-centric, entrepreneurial environment to advance the frontiers of science and leverage technology to confront global challenges. Stevens is home to three national research centers of excellence, as well as joint research programs focused on critical industries such as healthcare, energy, finance, defense, maritime security, STEM education and coastal sustainability. Stevens is in the midst of a 10-year strategic plan, The Future. Ours to Create., designed to further extend the Stevens legacy to create a forward-looking and far-reaching institution with global impact.
About The Princeton Review
The Princeton Review is a leading tutoring, test prep and college admission services company. Every year, it helps millions of college- and graduate school-bound students achieve their education and career goals through online and in person courses delivered by a network of more than 4,000 teachers and tutors, online resources, and its more than 150 print and digital books published by Penguin Random House. The Princeton Review is headquartered in Natick, MA and is an operating business of Match Group (NASDAQ: MTCH). For more information, visit princetonreview.com.