I'm not surprised BYU is ranked the highest among Utah schools given the
heavily subsidized nature of the funding for the university. For that matter,
considering the low tuition in Utah compared to other states, I'm somewhat
surprised that all Utah schools aren't ranked higher.
Little ole' Weber beat the other state schools. Weber State, Weber State,
Great! Great! Great!
@alt134The tuition structure at BYU is unlikely to explain the differences
in starting pay for graduates, but nice try.
@4601, no but the tuition structure DOES mean the average byu student pays
significantly less than the true "cost" as those costs are subsidized by
your church, more so than taxes subsidize state schools.That was his
point.And it is correct
@4601. It's exactly explained by BYUs tuition structure. As th article
states:"PayScale estimated the cost of attending each university,
figuring in tuition, room and board, and the length of time to graduation, and
compared those investments to the median salary earnings of graduates to
determine the returns on a bachelor's degree."Hence someone
could graduate and make 30K, and their return would be higher because they leave
with no student debt.
BYU is a good school and prepares its students well, but…I
wonder if the study adjusts for commuter schools when adding in the costs of
room and board. Since USU, WSU, Westminster, and the UofU all have considerably
more students who commute than does BYU, I wonder if that would change the
results.I wonder about a study whose results are based on a
voluntary response. I suppose there are statistical means to adjust for that,
but I don’t know.For a while BYU would not allow companies to
recruit if their starting salaries were not high enough. If you paid, say $50k
to start in Utah, you would not be welcome to recruit, but if your starting
salary was $65k, even though it was in San Francisco where your standard of
living would be lower (you can live better in SLC for $50k than in SF for $65k,
shorter commute, lower cost of living) you would be welcome. Then
when you consider the $50k start was $$80k in 5 years while the $65k was $75k in
five years, you know these are not best measures to determine where to go to
BYU's value stems not only from its STEM curriculum, but their business and
finance programs are among the nation's best. BYU's accounting program
is #1 in the nation, and hedge funds and wall street recruit BYU students.
Another factor is that BYU is very selective, so they get good students who have
a high likelihood of success.I graduated from Washington with PhD
from Oregon State, and taught at Yale. Semi-retired now, but teaching a class at
UCI. I once gave a seminar at BYU, and was very impressed by BYU. Since then, my
daughter graduated from BYU and her husband (they met at BYU) landed a
hedge-fund job in NYC area when he graduated with a degree in math and
finance.When I compare the cost of a BYU education to virtually any
top 100 schools, the difference is obvious. BYU is a bargain. As for church
support, well most state universities and colleges have public funding, too. And
BYU's standards are very high - i'm not talking about the Honor Code,
but their academic standards. Very high, indeed.
Can't complain. My investment has had a great return.
Compare the cost for a non-LDS at BYU to the cost of an out of state resident
for Utah and U will find a number closer to the true cost per student. By doing
this U will find that the state universities in Utah are subsidized at a higher
rate by the government than BYU is subsidized by the LDS church.Just
like most government programs, public universities have a lot of waste. When U
look at the entire list, U find that many of the highest ranked institutions on
this list are private. Private universites (as a rule) do a much better job
controlling their costs in relation to their offering.
@Chrissy B and Rynosrwith Utah being a community school drawing a
larger percentage of their students locally (within driving distance) and many
still living at home with mom & dad there's a much lower cost of living
for room and board that don't factor into their educational costs that runs
the opposite for BYU students who draw their students from all over the nation
and the world.Whatever advantage BYU has with lower tuition costs is
easily made up by the majority of UofU students having zero room and board/cost
of living expense because Mom & Dad are footing the bill. It probably washes
out.@CougFaninTxGood point about non-LDS tuition costs at BYU
vs out of state tuition costs at the community schools in Utah.
@BlueHusky"And BYU's standards are very high - i'm not
talking about the Honor Code, but their academic standards. Very high,
indeed."My son had a H.S. gpa of 3.93 but was still nervous
about not getting accepted because his ACT score wasn't as high as he would
have liked. His incoming freshman class had an average GPA well over 3.8 and
(iirc) less than 20% of freshman applying were accepted.It's a