The Economist ranks DYC in top 20% of institutions in first-ever college rankings
The list takes a new approach to college comparisons by focusing exclusively on economic value.
Buffalo, New York – November 3, 2015 – The Economist, a British newsweekly established in 1843, released its first-ever U.S. college rankings list last week.
DYC ranks 239th (in the top 20%) out of 1,275 four-year, non-vocational institutions in the magazine’s 2015 list, The Value of University, which measures economic value in a college education.
The editors say the magazine's rankings "are based on a simple, if debatable, premise: the economic value of a university is equal to the gap between how much money its graduates earn, and how much they might have made had they studied elsewhere."
The Economist created a model to combine factors (including U.S. Department of Education, College Scorecard) to calculate median earnings for 4-year, non-vocational institutions in the study.
DYC students, for instance, should make $45,567 on average according to the model, with actual earnings calculated at $48,300 (a difference of $2,733). Schools rank higher on the list when graduates’ actual earnings exceed this theoretical average salary, and schools rank lower when graduates make less. Because D'Youville College is a liberal arts college, the Economist model treats it slightly differently as a result.
D'Youville outperformed all WNY area colleges:
- Buffalo State (SUNY): #361
- Canisius College: #896
- Daemen College: #377
- Medaille College: #553
- Niagara University #938
- University at Buffalo (SUNY): #687
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Established in 1843, The Economist offers insight and opinion on international news, politics, business, finance, science and technology.
D. John Bray
Director of Public Relations