PLEASANTVILLE, N.Y. -- 'What's the real value of an education?' many parents and students wonder while wading through the college landscape. For most, at the end of the day it comes down to post-graduate earnings. According to recent study conducted by The Economist, Pace University ranks near the top of that list.
The Economist's report defines, "the economic value of a university a equal to the gap between how much money its students subsequently earn, and how much they might have made had they studied elsewhere." To calculate this amount, The Economist compiled date from the White House's College Scorecard and ran it against a myriad of factors. The result is, they believe, an accurate idea of how much a graduate an expect to make if he or she were to attend a specific university.
Pace alumni have expected earnings of $53,536 but thanks to several additional factors -- including its location and fields of study -- the median earning jumps to $58,400, above the nationwide average of $42,751. Thost numbers placed Pace in the 91st percentile of colleges and universities nationwide.
To read The Economist's full report on college earnings, click here .