Economist and Brookings Institute Analyze College Graduates’ Earning Potential
FORT LAUDERDALE-DAVIE, Fla. – The Economist and Brookings Institute recently released two separate analyses of college graduates’ salaries 10 years after they began their pursuit of higher education. Nova Southeastern University (NSU) respectively ranked in the 77th and 76th percentile nationally.
“Our priority at NSU is preparing our students for success in their chosen career fields,” said NSU President Dr. George Hanbury. “The fact that NSU graduates are earning more than three quarters of their peers from other colleges is a testament that our faculty members, researchers and other support staff are focused on helping our students realize their potential.”
Both the Economist and Brookings Institute used data from the U.S. Department of Education’s College Scorecard to compile their rankings. The goal of both studies was to provide a more level comparison of the earning potential of students at colleges throughout the United States.
The Economist study determined NSU students earn $2,264 more than expected, representing a value added educational experience. The publication used the median earning data point from the scorecard, but also calculates an expected earning for each school based on multiple characteristics including: SAT scores, gender, race/ethnicity, college size, control (public vs. private status) and mix of majors. The ranking is based on the difference between the expected earnings and actual median earnings.
The Brookings Institute uses a similar methodology, but weighed variables differently than the Economist.
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About Nova Southeastern University (NSU): Located in beautiful Fort Lauderdale, Florida, Nova Southeastern University (NSU) is a dynamic research institution dedicated to providing high-quality educational programs at the undergraduate, graduate, and first-professional degree levels. A private, not-for-profit institution with more than 24,000 students, NSU has campuses in Fort Lauderdale, Fort Myers, Jacksonville, Miami, Miramar, Orlando, Palm Beach, and Tampa, Florida, as well as San Juan, Puerto Rico, while maintaining a presence online globally. For more than 50 years, NSU has been awarding degrees in a wide range of fields, while fostering groundbreaking research and an impactful commitment to community. Classified as a research university with “high research activity” by the Carnegie Foundation for the Advancement of Teaching, NSU is 1 of only 37 universities nationwide to also be awarded Carnegie’s Community Engagement Classification, and is also the largest private, not-for-profit institution in the United States that meets the U.S. Department of Education’s criteria as a Hispanic-serving Institution. Please visit www.nova.edu for more information.