Excelsior Ranked a Best College for ROI
OnlineU, which ranks online colleges so students can make the best choice in choosing their higher education, recently recognized Excelsior College as No. 1 for best online associate degrees and No. 3 for best online bachelor鈥檚 degrees.
The designations are part of OnlineU鈥檚 list of 2021 Best Online Colleges for Return on Investment, which ranks schools by graduates鈥� salaries and debt payments for 10 years after graduation, accounting for standard salary growth and interest on debt payments. OnlineU鈥檚 rankings are the first to be based on the median salary and mean debt numbers found in the U.S. Department of Education鈥檚 College Scorecard.
Each year, OnlineU manually researches more than 40,000 online tuition rates for degree programs. More than 22,000 students are matched with schools annually, a testament to how beneficial this data is in providing people with the knowledge necessary in making informed educational choices. With the new 2021 Best Colleges for Return on Investment rankings, students can now see which college will benefit them the most financially, and Excelsior is at the top of that list.
鈥淭his ranking is significant for Excelsior College, our students, and our graduates as we strive for a strong return on investment and low student debt. Many of our students balance full-time work and personal responsibilities while pursuing a degree, and we recognize the sacrifices and investments they make.鈥� 鈥揇avid Schejbal, president of Excelsior College
Excelsior helps students save money and time on their education by accepting previously earned college credit and awarding credit for military training, workplace training, and certain professional certifications. Of the students enrolling in the 2019鈥�2020 academic year, 93.5聽percent transferred in college credits prior to enrollment or within three weeks after enrolling. Those pursuing a bachelor鈥檚 degree transferred in an average of 69.37 credits, which amounts to more than half the number of degree credits required for a bachelor鈥檚 degree.
David Schejbal, president of Excelsior College, stated, 鈥淲e are honored to be recognized by OnlineU for best college return on investment. This ranking is significant for Excelsior College, our students, and our graduates as we strive for a strong return on investment and low student debt. Many of our students balance full-time work and personal responsibilities while pursuing a degree, and we recognize the sacrifices and investments they make.鈥�
