Tuesday January 17, 2017

Demonstrating Value

A pair of recent reports spotlight the quality of a University of Dayton education with information on high salaries for graduates and success paying off student loans.

PayScale named the University among the best colleges in Ohio for salary potential and a new database from Student Loan Report shows the University has one of the lowest student loan default rates in the state.

“Together these figures present a clear picture that our graduates are finding quality jobs with great starting salaries that allow them to quickly pay back their student loans,” said Jason Reinoehl, vice president of strategic enrollment management. “We know students and their families are looking closely at student loan debt and graduate success, and we are proud that our graduates' record of success demonstrate the value of a University of Dayton degree.”

The default rate “is a great indicator of the potential for future financial success or failure,” according to Student Loan Report, a website that offers resources, news and advice on student loans.

Its 2017 database shows the University’s default rate is 2.15 percent, well below the national average of 11.3 percent for all schools and the 6.5 percent average for private four-year institutions. The University ranked in the top 10 percent of the nation’s 4,544 colleges and universities, as well as Ohio’s 212 schools surveyed.

Additionally, PayScale reports that graduates with a bachelor’s degree from the University of Dayton earn an average yearly salary of $52,700 early in their careers and $90,200 mid-way through their careers.

The findings build on the University’s own Flyer First Destination Survey, which checks in with alumni six months after graduation. The latest survey found nearly all — 96 percent — of recent graduates report being employed, pursuing a graduate degree or participating in a service program.

For more information, contact Meagan Pant, assistant director of news and communications, at 937-229-3256 or mpant1@udayton.edu.

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