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This version of NSU News has been archived as of February 28, 2019. To search through archived articles, visit nova.edu/search. To access the new version of NSU News, visit news.nova.edu.
This version of SharkBytes has been archived as of February 28, 2019. To search through archived articles, visit nova.edu/search. To access the new version of SharkBytes, visit sharkbytes.nova.edu.
Pride Bite: Nova Southeastern University Ranks Among Top 25 Percent in Undergraduate Student Earnings
Economist and Brookings Institute Analyze College Graduates’ Earning Potential
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.