Comments about ‘Utah's college students get better deals in tuition than the national average’

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Published: Sunday, Nov. 13 2011 11:04 p.m. MST

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ER in EUR
Belgrade, Serbia

I would like to know the national average after throwing out community colleges and other 3rd/4th tier intitutions. I am not trying to be a stuffed shirt, I just want to compare apples to apples. The expected salary from the U or USU is higher than one you might expect if one were t graduate from a college or JUCO/CC. So by throwing those out you would have a more accurate view of how our State universities stack up against similar universities.

Maybe to bring it more into perspective, how does the U's tuition stack up against the rest of the Pac 10.2? I did 4 of the pac 12 (CU, UCLA, UW & ASU) and the average was $11,820. I may have left out some sundry fees. I added in USC and the average rose to $13,700. So how does the U stack up against its peers? Instead of $6200 vs. $8200 (nat avg), it is $6200 vs. $11,820 (avg peer). I don't even want to start talking about east coast schools.

So the reality of apples to apples, peer to peer costs are even better when the data is shook out. IMHO

DaleC
Magna, UT

Why do we always have to be compared to other states? Other states aren't Utah. We should be better than other states! If we are better than the national average, it means that roughly half the other states are more concerned about their college students than we are.

Ricardo Carvalho
Provo, UT

ER in EUR - thanks for adding depth to the comparison. To extend your analysis, I think it is worthwhile to even compare the 3rd and 4th tier institutions as well as the community colleges. My guess is that the tuition at comparable schools across the board makes Utah look pretty good.

Another way to look at this would be to consider value for education. I recall seeing a study a few years back that had UVU graduates leading the state in salary upon graduation. It may still be available on the USHE website. Of course, one needs to carefully analyze such statistics to take into account majors offered, socioeconomic status of the student, etc... Uncovering the economic value of any institution's higher education offerings is pretty complex stuff.

bricha
lehi, ut

Dale the price the student has to pay for his education in no way reflects how concerned other states are in regards to their college students, if anything it says that utah is more concerned than places like california that make it harder for the average person to go to college.

Truthseeker
SLO, CA

Re:ERinEUR

Neither U of Utah nor BYU come close to UCLA in ranking. According to US News and World Reports, ranking of public and private universities, U of Utah is #124 (31% graduation rate, 83% of applicants accepted) BYU is #71 (31% graduation rate, 64% of applicants are accepted).

UCLA is #25 (graduation rate 68%, 23% of applicants accepted)
UC Berkley #21 (graduation rate 69% 22% applicants accepted)
UC Davis #38 (graduation rate 52%, 45% applicants accepted)
UC San Diego #37 (graduation rate 57%, 38% of applicants accepted)

Not only does the University of CA system graduate produce a large percentage of the college graduates, they also have several schools in the top 10 of public institutions.
In some professions, the academic strength of the institution carries great weight.
tuition and fees for these 3 schools range from $11,604 to $12,794)

Truthseeker
SLO, CA

Correction:
U of Utah has a graduation rate of 23%

Note: the graduation rate is measured within 4 yrs. It does not measure the number who took longer than 4 yrs.

ClarkKent
Bountiful, Utah

"Utah boasts one of the lowest debt-to-degree ratios in the U.S. The average Utah student accumulates about $15,000 in debt."

Question for the author: are the students who do not receive a degree and leave school with debt included in this statistic?

Kami
Bountiful, Utah

Better deals on tuition are worthless unless you plan to stay and work within the State of Utah.

@Bricha -- there is a reason it is difficult to be accepted into one of the UC schools. Their national ranking is important to them. If you want to attend a school that is "easy" to get into, go for it, but don't expect many offers from employers outside of Utah.

WillTheWolf
SALT LAKE CITY, UT

Kami hit the nail on the head. Other than BYU's MBA program, there really aren't too many recruiters nationally beating down the doors of college graduates from the state of Utah.

Paul Scholes
Provo, UT

Kami - do you have data to back up your assertion? I graduated from a university in Utah and have had offers in four different countries as well as a state that is not Utah. That would seem to contradict your premise. The reality is that most students tend to stay local. That is true of Utah, California, Texas and most other places in the country. Many graduates simply choose to look for employment in the area in which they have the greatest connections and level of comfort.

RE
Kaysville, UT

From some of the posts here you would think they would pay almost anything for tuition to some of these elitist snob schools. Does paying higher tuition translate into a better education. I think not!!

Kami
Bountiful, Utah

@Paul Scholes, yes I do in two fields which require advanced degrees. Unless there is someone near the top with the top employers that hire within these fields, they don't even interview students with degrees from a Utah school. UCLA and Berkley, however, are very different stories -- the top students graduating with these degrees can pretty much have the pick of the litter. I have personal experience with this, and no, I did not graduate with a Utah-earned degree. And no, students who attend one of the top nationally ranked schools do not necessarily stay local -- they know they can go anywhere they want to after graduation.

ER in EUR
Belgrade, Serbia

Bloomberg Businessweek has an interactive page showing 852 US schools. It ranks then by what one can expect in total salary for 30 years. I like ranking them by Return On Investment (ROI)-How much did you pay for your degree and what %/year can you expect to get back. Using the straight money figure BYU is ranked 77, the U is 281, USU 333. But if you rank them by anualized ROI then BYU is tied with Univ of Virginia for #2 in the nation for anualized ROI at 14.1%/year with Cal-Berkely (13.1%) & UCLA tied for 5th and Michigan at 6th, U of Florida and UNC tied for 10th. MIT and Caltech are tied at at 14 and 15.

So yes, MIT is #1 in money at $1,868,000 in 30 years, but it costs $189,000 to graduate for 12.6% annualized rate. BYU can expect $1,009,000 in 30 at a cost of $58,540 for an annualized ROI of 14.1%. The U is not shabby at $851,000 in 30 years for a cost of $79,570 for an annualized ROI of 11%.

Businessweeks's figures not mine.

ER in EUR
Belgrade, Serbia

To clarify a little, the 30 year $ figures are the last 30 years average salary added together.

BTW, Bweek has BYU's grad rate at 79% and the U's at 51%.

Another thing, a high or low acceptance rate is in no way a straight rule of how good a college is. Cal schools have low acceptance rates. Could that have to do not only with they are desirable schools, but also because they are in the bottom 5 states for schools to per capita state residents? I think so.

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