Investments most often pay off in the long term. Choosing where to attend college is no different.
At Babson College, students can expect to get back far more than what they put in. In a Georgetown University report released Thursday, Babson College ranked seventh in return on investment 40 years after enrollment, with a net present value of almost $2 million.
More than 4,500 institutions were ranked in the report, which also found Babson College to be ranked 10th in return on investment 20 years following enrollment and ninth 30 years after enrollment.
The Best Business School for Salary Potential
Earlier this year, PayScale ranked Babson College the top business school in the country for salary potential based on alumni earnings. According to PayScale, the median salary for new graduates 0-5 years out of college is approximately $72,000.
Once they reach 10 years of experience? That number doubles, as Babson alumni earn approximately $134,000 to $150,000.
“This important research affirms that our transformative education has a profound impact on the lives and livelihood of our alumni,” said Babson College Undergraduate School Dean Ian Lapp. “I am very proud of this acknowledgement of our past educational impact and we are committed to imagining innovative approaches to learning that will continue this tradition of excellence and impact going forward.”
A Strong Investment Now, and in the Future
In the coming months, Babson College will be finalizing its strategic plan, revealing how the institution plans to shape the beginning of its next century.
More than 4,400 inputs have been solicited in the process, and six strategic planning task forces comprised of more than 170 stakeholders have worked to analyze the data, leading to 30 guiding principles and 40 recommendations for the College’s future.
These were formulated in four strategic principles: to inspire and empower entrepreneurial leaders to thrive in any context; to build and leverage the most impactful, networked, global entrepreneurial ecosystem; to engage learners on their terms; and to model entrepreneurial leadership.
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