The New York Times has an article that reports on the new U.S.
Federal government website and database that provides information
on such things like average annual cost, graduation rate, and
salary after attending, and other details. The article can be
accessed here:
http://www.nytimes.com/2015/09/13/us/with-website-to-research-colleges-obama-abandons-ranking-system.html?_r=0
Where does the data for federal database come from? Quoting
from the NYT article:
|The data is based on students who have received a federal loan
|or grant to attend college, but officials said their economists
|believe it is representative of all students. And they said the
|new government data offers critical information that is not
|available elsewhere, a point underscored on Saturday as
|researchers began mining the data for trends. In a Twitter post,
|one writer called it an "amazing new treasure trove" of education
|data.
The website itself can be accessed here:
https://collegescorecard.ed.gov/
-Mike Palij
New York University
[email protected]
P.S. The search engine is not too bright. I entered "New York
University"
and got six hits but only two were NYU related (i.e., NYU and NYU-Poly).
The others were: Columbia University in the City of New York (not to be
confused with the Columbia University in the City of Oshkosh), Pace
University-New York, St John's University-New York, and, of course,
State University of New York at New Paltz (WTF?). NYU had the
largest number of students (don't know if this is the number of students
who provided data or an estimated of all undergraduates), while
NYU-Poly (the former Brooklyn Polytechnic Institute which became
part of NYU recently; Brooklyn Poly received a large number of faculty
from NYU's engineering school when it closed decades ago). So,
NYU has the distinction of having the most and fewest undergraduates.
Columbia has the highest graduation rate (94%) while Pace had the
lowest (53%). SUNY-New Paltz had the lowest average annual cost
($15,470) but since in-state students pay less than out of state
students
it is not clear whether this is an average of the two or whatever.
If we leave New Paltz out, Columbia has the lowest average annual
cost ($22,672 -- that doesn't sound right) while NYU has the highest
annual cost ($37,971; NYU-Poly is a bargain at $26,141). But the
most important statistic is which school's undergraduates has the
highest salary after "attending" (not sure if this means graduation)
is...
.
.
wait for it...
.
.
.
NYU-Poly at $73,500 (I guess engineering does pay off). Columbia
is second at $72,900. The lowest is New Paltz ($46k) but the next
school that is actually in NYC is St. John's ($54,100). Pace is next
($58,400), followed by NYU ($58,800). If you divide the salary by
the annual cost you get the following ratios:
Columbia: 3.22
New Paltz: 2.97
NYU-Poly: 2.81
Pace: 2.34
St. John's: 1.86
NYU: 1.55
Looks like the Ivy League wins again. ;-)
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