Business Insider, an American financial and business news website, ranked UVU third in the nation for the best return on investment.
Business Insider, an American financial and business news website, ranked Utah Valley University (UVU) third in the nation for the best return on investment. The website produced this ranking from a list of four-year, bachelor’s degree-granting colleges and universities across the country, made available by the Department of Education. Not only did UVU make it into the top 24, Business Insider placed the university in slot No. 3.
“Students who attend school at UVU can count on an affordable, quality education and a significant return on their education,” said President Astrid S. Tuminez. “Business Insider’s No. 3 ranking is evidence of UVU’s commitment to maintaining affordability and accessibility to students, especially to those from traditionally underrepresented groups in the university’s service region.”
Business Insider determines the return on investment by a ratio of earnings to the average cost of attendance. According to the ranking, UVU’s return on investment is 84.7%. The average UVU undergraduate earns $43,800 within 10 years of graduating, and the average annual cost to attend the school is $12,921.
As the only public university in Utah to be ranked by Business Insider, UVU prepares students to find employment in what the Utah Department of Workforce Services calls well-compensated, four- and-five-star jobs, including in mechatronics, robotic technologies, and electrical automation. In addition, the length of UVU’s economic impact has proven itself over time, with 85% of UVU students living in Utah a year after graduation and 76% living in Utah 10 years after graduation.
UVU is the largest institution by head count in the Utah System of Higher Education and recorded its largest graduating class in school history with 6,410 graduates in 2020. It is the 14th largest employer in Utah and third largest employer in Utah County, serving as a state and regional economic engine that pumps money into the economy with a solid 8:1 return on investment — every tax dollar invested in UVU has an $8 impact on the local economy.