Wayland named to Wall Street Journal’s list of top private universities ROI
March 3, 2015
PLAINVIEW -- Wayland Baptist University was recognized in a recent Wall Street Journal article as being one of the top private universities for return on investment (ROI), ranking fourth with an 8.4 percent annual ROI.
Compiled by the Wall Street Journal, the 2014 list represents the total cost for tuition, room and board, based on 2013 numbers and compares the total cost to 20-year net return on investment as measured by graduates’ projected net wage earnings. Wayland’s 8.4% ranks fourth behind Brigham Young University, Touro College and Harvey Mudd College. The 8.4% ROI would be sixth best on the list of public colleges and universities.
“We feel that our value proposition is one of the best in the nation,” said Wayland Vice President for Enrollment Management Dr. Claude Lusk. “We compare favorably as one of the most affordable private schools while offering a total cost that is competitive with public schools. All the while, we give you the added benefits that come with attending a smaller, faith-based, private university.”
As pointed out in the Wall Street Journal article, those benefits include smaller faculty-to-student ratios and greater individual attention. Wayland also offers students a liberal arts education. A recent article on forbes.com said a liberal arts education can fuel curiosity, strengthen critical thinking skills and make students more knowledgeable in a variety of subjects.
“Current research shows that employers want more of graduates than just the ability to perform tasks associated with their major field of study,” said Wayland Executive Vice President and Provost Dr. Bobby Hall. “They also want employees with strong analytical, problem-solving and communication skills and we believe those skills are best developed in a liberal arts university. Our goal academically is to give students that broad knowledge base to go along with extensive preparation and experience in their chosen field of study.”
Wayland was also named to Online U’s list of most affordable online colleges in 2014, as well as being named a Military Friendly university by Victory Media. For more information, read the Wall Street Journal’s article “Are Prestigious Private Colleges Worth the Cost?” at www.wsj.com.