MMA Ranks High for ROI
As noted in Shipmate, Washington Post reporter Susan Svrluga wrote in mid-November about a new Georgetown University study regarding return on investment (ROI) for college graduates. The study listed Maine Maritime Academy as one of the very best schools providing ROI for alumni. Susan’s article featured Larry Burrill ’77 who was quoted regarding his undergraduate experience at MMA. She pointed out that Maine Maritime appeared sixth in the top 10 list, outscoring Harvard. (Read Washington Post article)
In that short list were mostly private schools, including MIT and Stanford University. The only public colleges in the top 10 were Maine Maritime Academy and the United States Merchant Marine Academy.
The study looked at alumni outcomes and earnings between 10 years and 40 years out of college, using 2019 U.S. Department of Education College Scorecard data for 4,500 schools. MMA ranked best for long-term returns, according to the study press release.
Maine Maritime Academy also continues to top other best-value lists. This fall, Washington Monthly listed MMA as the #20 Best Bang for the Buck college in the Northeast; #11 in Best Value Schools by U.S. News & World Report; and 39th in a list of Best Small Colleges by Money Magazine.█