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New Surveys Rate Embry-Riddle a Great Investment for Students
Two Reports Measure Graduates' Salaries and Return on Investment
Daytona Beach, FL, and Prescott, AZ, August 15, 2011
The 2011-2012 College Return on Investment Report published by PayScale.com reveals that alumni of Embry-Riddle Aeronautical University get a better payback from their tuition dollars than 84 percent of other college graduates in the United States. The university was ranked #177 among 1,052 college choices.
PayScale’s 2011-2012 College Salary Report also found that Embry-Riddle graduates earn a starting median salary of $54,500 and a mid-career median salary of $79,300. Median means half of graduates earn more and half earn less.
Embry-Riddle graduates’ return on investment is similar to other prestigious schools surveyed, including Michigan State University, Rochester Institute of Technology, and California State Polytechnic.
“I am pleased that this study confirms that our graduates’ starting salaries are among the highest in the nation and that the cost of attending is well worth the investment,” said John P. Johnson, president of Embry-Riddle. "We have long known that the quality of an Embry-Riddle education is truly outstanding. The fact that our alumni earn more than most and are leaders in the aerospace industry is gratifying.”
The report surveyed graduates who have a bachelor’s degree but no higher and those working only in the United States. The survey combines salary data from graduates of Embry-Riddle’s campuses in Daytona Beach, Fla., Prescott, Ariz., and Worldwide.
For more information, visit: http://www.payscale.com/education/average-cost-for-college-ROI (return-on-investment survey) and http://www.payscale.com/best-colleges/top-us-colleges-graduate-salary-statistics.asp (salaries survey).
PayScale is a market leader in global online compensation data. With the world’s largest database of individual employee compensation profiles, PayScale provides an immediate and precise snapshot of the job market.
Embry-Riddle Aeronautical University, the world's largest, fully accredited university specializing in aviation and aerospace, is a nonprofit, independent institution offering more than 40 baccalaureate, master's and Ph.D. degree programs in its colleges of Arts and Sciences, Aviation, Business and Engineering. Embry-Riddle educates students at residential campuses in Daytona Beach, Fla., and Prescott, Ariz., and through the Worldwide Campus with more than 150 locations in the United States, Europe, Asia, and the Middle East. The university is a major research center, seeking solutions to real-world problems in partnership with the aerospace industry, other universities and government agencies. For more information, visit http://www.embryriddle.edu, follow us on Twitter (@EmbryRiddle) and facebook.com/EmbryRiddleUniversity, and find expert videos at YouTube.com/EmbryRiddleUniv.