July 29, 2013
The Affordable Colleges Online website (www.affordablecollegesonline.org) ranks Morningside College as a top college in Iowa for return on investment (ROI). The website places Morningside fifth from the top on a list of 22 Iowa colleges that offer the most cost-effective education.
The Affordable Colleges Online rankings identify Iowa colleges and universities with the greatest lifetime return on investment. According to the website, graduates from these schools enjoy the largest earnings gap between non-degree holders over thirty years, and earn more on average than graduates from other Iowa schools.
The Iowa rankings are located at www.affordablecollegesonline.org/online-colleges/iowa.
“These are important lists for prospective students to consider,” said Affordable Colleges Online founder Dan Schuessler. “We’ve sifted through comprehensive data sources to find colleges and universities in Iowa that offer a high quality education with consistent, long-term payoffs in the workplace.”
Affordable Colleges Online based its rankings on each college’s tuition and fees and the amount of money earned by graduates of the college over and above the average amount of money earned in a 30-year career by someone who just went to high school. Wage information came from PayScale’s (www.payscale.com) 2013 College Value Report.
For a college to be eligible for consideration as a “High ROI College,” Affordable Colleges Online set the following criteria:
• Fully accredited
• Either public or private
• Four-year, degree-granting institution
Affordable Colleges Online provides students with information about affordable higher education options. The website offers financial aid videos, expert advice, and cost savings ideas.