Admission Decision Notification Dates for the Class of 2019, PayScale Releases 2015 College ROI DataThe first week of March is coming to a close, and many high school senior are getting anxious as we get closer to the announcement of admissions decisions! While the college Class of 2019 is focusing on decisions, high school freshmen, sophomores, and juniors need to be focusing on schoolwork and staying informed on the latest college admissions news.
With school and activities on top of looming finals and standardized testing dates, staying on top of college prep news and developments can be difficult. At IvyWise we aim to make this easier by bringing college bound students and their families the latest college admissions and higher education news every Friday.
Here are some of the top stories in admissions and higher education from this past week:
- Colleges are beginning to announce regular decision release dates, with many in mid to late March. We’ll be updating this list as more specific dates and times become available, so check back often!
- PayScale released its annual College ROI report this week. While students should avoid utilizing just the “ranking” portion of list, there is a lot of good data in there to consider. Here are a few highlights from PayScale:
- The average 20-Year Net ROI for engineering schools is $677,500 while For Profit, Liberal Arts, Religious, Art, and Music & Design Schools all have an average 20-Year Net ROI of less than $250,000. Ivy League schools have the second highest average 20-Year Net ROI at $649,900.
- Alumni who majored in engineering, computer science & math or business fields or ended up working in business/finance or computer and math careers have the best chance of seeing a 20-Year Net ROI above $1 million.
- Ivy League alumni typically have lower-than-average student loan debt upon graduation but a 20 year net ROI above the 75th percentile. The percentage of students receiving loans at the Ivies is relatively small (only 6 percent for Yale and 9 percent for both Princeton and Harvard). The typical time to graduation for all Ivy League schools is the standard 4 years.
- Texas, California, and Washington have the highest average percentage of alumni who stay and work in the state after graduation at 85%, 84%, and 78%, respectively. Vermont has the lowest average percentage of alumni who stay in the state at 19%.
- Wellesley College announced this week it will begin admitting transgender students who identify as women during the next admissions cycle.
- Two colleges announced this week they will close this summer. Sweet Briar College in Virginia, an all-women’s liberal arts college, will close its doors Aug. 25, 2015. Tennessee Temple University, a Christian liberal arts college, also announced it will close this summer and merge with Piedmont International University in North Carolina.
- Commencement speakers for the Class of 2015 are beginning to be revealed, with Stephen Colbert set to speak at Wake Forest University’s graduation, former president George W. Bush will speak at Southern Methodist University, Apple CEO Tim Cook will speak at George Washington University, and more.
- Once again, SAT scores are delayed in Asia because of concerns over cheating on the college entrance exam.
- Our March newsletter came out this week! In this month’s issue: The truth behind SAT and ACT myths, tips for college visits this spring, and colleges for STEM majors!