New College of Florida is one of the nation’s 200 “Colleges That Pay You Back,” according to the 2018 edition of a book released this week by The Princeton Review.
“Colleges That Pay You Back” is an unranked assessment that reflects academic quality, cost to students and families, and salaries earned by graduates. New College scored well on all fronts, the Princeton Review found.
New College scored 90 points of a possible 99 on the Review’s “return on investment” grade. The Review cited New College graduates’ median starting salary of $43,700 and mid-career median salary of $88,800 for students with a bachelor’s or higher degree. More than 80 percent of New College graduates go on to a master’s or doctoral degree.
“The combination of NCF’s incredibly low tuition and rigorous, individualized academic program make it a tremendous value for both in-state and out-of-state students,” the Review’s editors wrote.
New College also benefits from strong scores on academics, with 92 out of 99 possible points, and from having interesting and accessible professors, receiving a near-perfect 97 out of 99 points.
The Review also noted the “impressive outcomes” from New College’s strong advising system and alumni network, “as evidenced by the 70 Fulbright Scholarships that have been awarded to NCF students since 2001.”
The Review also cited New College’s affordability: “Even in the era of rising higher education costs, tuition at New College of Florida is still incredibly low, as evidenced by the comparatively low average debt for graduating students: $16,577.”
The Princeton Review chose the schools based on data it collected in 2016-17 from its surveys of administrators at more than 650 colleges. The company also factored in data from its surveys of students attending the schools and surveys of school alumni that PayScale.com conducted through April 2017.
In all, The Princeton Review crunched more than 40 data points to tally ROI (return on investment) ratings of the colleges that determined its selection of the 200 schools for the book. Topics covered everything from academics, cost, and financial aid to graduation rates, student debt, alumni salaries, and job satisfaction.
The Princeton Review is an education services company that provides tutoring, test-prep programs, books, admission services, and other resources for students. New College also appears in its other guidebooks, Colleges That Create Futures and The Best 382 Colleges.