Cleary University was recently ranked as No. 2 for best return on investment in the state for college students by Bridge Magazine, a Center for Michigan publication.
Cleary, a private, nonprofit business college, performed “very well” in median wages for graduates 10 years, according to a Cleary University press release.
Using data from the U.S. Department of Education College Scoreboard, Bridge Magazine ranked value by a ratio of the median salary 10 years after enrollment, to the average annual net cost, and compared it with other schools.
“We have always known that Cleary offers an incredible value for our students,” said Jayson Boyers, Cleary University president. “This recent study simply confirms our value. We talk about return on investment all the time with our students. It is our goal to make sure our graduates are ready to start or advance their career without saddling them with debt.”
Cleary’s median salary of $50,500 is the fifth highest in Michigan, according to the U.S. Department of Education College Scorecard.
The scorecard compares data from all private and pubic universities, and this places Cleary nearly $14,000 more than the national average among all universities in the country.
“We are very proud of our growth and evolution since then,” Boyers said.
Cleary, founded in 1883, is a four-year school that now has roughly 750 students, primarily majoring in accounting and business management.
“Small colleges to big research universities, we all have roles, but we all create values in different ways,” Boyers said. “By introducing new academic offerings and having programming which meets the needs of the 21st century businesses, we equip our students with the keys they need to conquer the business world.”
Contact Livingston Daily education reporter Abby Welsh at email@example.com. Follow her on Twitter at @abby_welshLD.