PJfanRI t1_j8eu33y wrote on February 13, 2023 at 8:06 PM

Reply to comment by Status_Silver_5114 in Why does Rhode Island College have such a negative reputation? Is it that bad? by PinkSwallowLove

Yes actually; data from Payscale puts the average starting salary of a Social Sciences graduate from Bryant University at $63k. Communications and Journalism average $53k, and business school graduates average $58k.

I actually have friends that work for Payscale and am very familiar with their offer. They sell their salary data and consulting services to businesses to help them build out their compensation plans; so their data is pretty solid.

So, what data do you have to support that Bryant University only has a strong ROI for their business school?

I'm guessing you don't have any, which is why you tried to flip the script and have thus far refused to share anything but anecdotal BS. But lets see!

Status_Silver_5114 t1_j8evmzg wrote on February 13, 2023 at 8:16 PM

Bryant has a new england wide rep as a second tier b-school. Always has. I think this is the intangible that you are missing here - no one is going to pull a bryant resume off the pile based on that. And if they are charging 50k a year? you can do better/same at a cheaper price. Payscale isn't free to use so I can't run alternate numbers. But they have a 73% acceptance rate? That speaks volumes on balance with your $ paywall.

PJfanRI t1_j8f2irt wrote on February 13, 2023 at 9:00 PM

Is your back getting tired from moving the goal post yet?

Bryant's reputation has greatly increased over the past 20 years, and you've been living under a rock if that's news to you. Bryant University graduates are thought of very highly; I interface with many of them on a frequent basis in the tech world. Do their resumes go in a small pile because they're from Bryant? Maybe regionally, but certainly not nationally. Regardless, very few universities do provide that value to students.

I don't think you understand what Return on Investment is. That is the fundamental part you seem to be missing. The NPV that the Georgetown report uses to calculate ROI factors cost heavily into the equation. If you look at a school like Bryant or PC, they don't do particularly well 10 years in because their graduates are busy paying off their high student debt. The difference is that once they have paid off their debt, they rapidly catch up to and exceed their peers from other schools due to the higher expected salary they have from those schools.

The 10 year NPV for a Bryant University graduate is $149k; the 10 year for a RIC graduate is $140k.

The NPV for a Bryant grad at year 30 is $1.4 million; the NPV for a RIC grad is $814k.

So no, you don't do better at a cheaper price. That's not to say RIC isn't a good school; as I said, it provides tremendous value. At the end of the day, how you do after you graduate is more dependent on your own personal talent and drive than the school you went to. But Bryant University is the best ROI in the state, and there is data to back up that claim.

So I'm asking for the 3rd or 4th time; what data are you using to support your argument? Your inability to view the Payscale data is irrelevant. Just provide the data you used to support your original statement.

Or, better yet, admit you don't have any such data and you're basing your entire argument on anecdotal generalities.

Status_Silver_5114 t1_j8f51nu wrote on February 13, 2023 at 9:16 PM

If you just want the last word for last words sake, have it. Bryant has a fine but not stellar rep. Not a lot unique about it esp at a price tag like that. It's a regional business school primarily. I wouldn't encourage anyone looking at either RIC or URI to also apply there - Babson maybe but it's niche. ANd expensive. But have the last word if you need it.