New ranking finds Lawrence Tech near the top among Michigan schools in grads' earnings
Lawrence Technological University ranks in the top four of 31 Michigan colleges and universities in average salary of its graduates 10 years after completing their education, according to a new ranking of more than 1,000 colleges and universities published by The Wall Street Journal and Times Higher Education, the United Kingdom’s top publication on higher education.
The rankings are based on responses from more than 100,000 college students and schools’ internal data.
“This new college ranking from business experts at The Wall Street Journal and a leading British publication provides further evidence of what Lawrence Tech alumni and employers have known for a long time – that an education at LTU is a sound investment,” Lawrence Tech president Virinder Moudgil said. “We are happy to see the efforts of our faculty, staff and corporate partners validated by this recognition.”
Overall, LTU was listed 325th in the nation, in the upper third of the more than 1,000 schools ranked.
The WSJ-THE rankings are based on four criteria:
- Resources, 30 percent of the total score, comprised of spending on teaching per student (11 percent), faculty per student (11 percent), and research papers published per faculty member (8 percent)
- Engagement, 20 percent of the total score, comprised of student engagement (7 percent), student recommendation (6 percent), interaction with teachers and students (4 percent), and number of accredited programs (3 percent)
- Outcomes, 40 percent of the total score, comprised of graduation rate (11 percent), value added to graduate salary (12 percent), value added to loan repayment rate (7 percent), and academic reputation (10 percent)
- Environment, 10 percent of the overall score, comprised of proportion of international students (2 percent), student diversity (3 percent), student inclusion (2 percent) and staff diversity (3 percent)
For the full rankings, visit https://www.timeshighereducation.com/world-university-rankings.
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