UC Riverside ranks high among public universities where graduates can expect a good return on their investment.
CNBC placed the campus No. 12 on its list of the top 50 public universities that pay off the most. The list, released July 16, evaluated average tuition costs in relation to graduates’ future earnings. This is the first time CNBC has ranked colleges in that manner.
The website reported UCR graduated from families making between $48,001 and $75,000 pay an average net cost of $11,685. Those with up to five years of experience go on to earn an average salary of $54,000, while those in the workforce for 10 years or longer have a median salary of $109,300.
The salary average for early to mid-career alumni is $81,650, according to CNBC.
The list is the latest ranking where UCR performed well when looking at affordability and return on investment. The campus ranked No. 27 and No. 12 among public universities in Forbes’ “America’s Best Value Colleges” list in May.