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Bloomfield ranked in PayScale.com's College ROI Report

By:  Andrew Mees, Director of College and Athletics Communications                           communications@bloomfield.edu

One of New Jersey’s oldest higher education institutions has once again been recognized as one of the Garden State’s most sound financial investments.

Bloomfield College has been ranked 12th among New Jersey colleges and universities, 93rd in the country among private institutions and 215th overall in PayScale.com’s annual College ROI (Return on Investment) Report, in results released by the website Mar. 25. The honor marks the fourth consecutive year the school has been recognized in the report. 

“Bloomfield College is dedicated to offering its students both a well-rounded and high quality general liberal arts education as well as the chance to prepare for a rewarding and well-paying career in specific vocations including business, education, nursing, computer arts and others,” College President Richard Levao said. “The results of the PayScale survey are just one more indication from a nationally-known rating service, that Bloomfield College continues its successful record in providing both.”

Bloomfield is ranked fourth among New Jersey private institutions in the report. The school also showed tremendous improvement in the overall results, moving up nearly 200 spots from 398th overall in 2013. The results continue the rapid rise of the institution in the yearly rankings, with the school finishing 941st in the report just three years ago (2011).

The nationwide study utilizes national salary data from institutional alumni and total cost to attend a school for four years to determine the Return on Investment (ROI) being provided for students, both annually and over a 20-year period. Only employees who possess a Bachelor’s Degree are included in the study’s data, with only full-time employees garnering either an hourly wage or an annual salary studied.

“Recognition like this is a reflection not only of the dedicated faculty and staff who strive to provide life-changing educational opportunities for our students, but to the dedication and ability of the students themselves,” Vice Pesident for Academic Affairs Marion Terenzio said. “We are providing them with the resources and environment necessary to become dynamic professionals, but it is up to them to make an impact once they graduate. This shows that we are not only doing the right things from an educational standpoint, but we are also welcoming the right types of students into our community.”

A diverse institution in Bloomfield, N.J. that features a student body of 1,950 students, Bloomfield College has recently been named among the best National Liberal Arts Colleges in the nation in U.S. News & World Report's 2014 "Best Colleges" rankings. Offering over 60 majors and concentrations, the institution will welcome a new state-of-the-art, 84,000-square-foot residence hall in the summer of 2014, doubling the school's on-campus resident population to nearly 600 students.

Click here to view the complete PayScale.com 2014 College ROI Report.