Fort Schuyler Magazine - Spring 2022

CAMPUS NEWS

Maritime College Ranks in Top Public Colleges with the highest Return on Investment for Low-income Students

In a new study conducted and recently published by the Georgetown University Center on Education and theWorkforce, researchers found that lower-cost public schools tend to produce the highest earnings and return on investment (ROI) for low-income bachelor’s students. The study defines low income as students whose annual family income is $30,000 or less. One measure of the economic value of college attendance and completion is the ROI, which refers to the ratio of an investment’s net profit to its overall cost. As a public college, Maritime College was ranked among the top public colleges

with the highest earnings and ROI for low-income bachelor’s degree students. The report found that a 40-year ROI on a bachelor’s degree from a public institution for a low-income student is $951,000 compared to the ROI on a bachelor’s degree from a private nonprofit school ($863,000), a difference of $88,000 over the 40-year time-frame. Additional information and the full Georgetown University report is available at https://1gyhoq479ufd3yna29x7ubjn wpengine.netdna-ssl.com/wp-content/ uploads/cew-roi_low-income-fr.pdf.

WE THANK SUNY MARITIME COLLEGE FOR THEIR SUPPORT OF THE AMERICAN MARITIME INDUSTRY

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