Non-profit ranks FMU 35th of 1,224 U.S. colleges for job prospects
A non-profit organization devoted to helping parents and students make wise career and educational choices, has once again ranked Francis Marion University as one of the nation’s Top 100 Colleges when it comes to improving earnings and providing educational value for its graduates.
Education to Career, a three-year-old, California-based non-profit, ranked FMU 35th among 1,224 U.S. public and private universities with at least 1,000 students. That’s slightly higher than where FMU was ranked by ETC for the 2013-14 school year.
ETC was founded in 2013 by Michael Havis, a retired industrial designer and marketer. The organization operates a website with online tools for students and parents (www.educatetocareer.org). It is funded by donations and by clients who pay for private research. Students and parents can also obtain more detailed information on specific schools through ETC for a small fee.
The rankings are based on employment and salary information prepared for ETC by Jobs Search Intelligence, LLC, a San Diego analytics and data collection firm that provides data services to the National Association of Colleges and Employers (NACE), the American Association of University Women and countless other organizations in the field of higher education and beyond.
The JSI research team includes former managers and analysts at the Rand Corporation, the Congressional Budget Office and the U.S. Department of Labor. Using data from more than 50 government databases, including data from federal student loan reporting, it developed a system for measuring the outcome of college educations.
The ranking system JSI developed for ETC compares the projected salary of graduates in a particular field with their actual salary. The system also factors in the cost of attending each school (tuition, plus other expenses), the employment rate of a college’s graduates, and the student loan default rate. Universities whose graduates out-perform the projected norm, and who have a high employment rate and a low student loan default rate, rank highly in the ETC listings.
Francis Marion University is one of South Carolina’s 13, four-year, state-assisted universities. Its current enrollment is just more than 4,000 students. For the 2013-14 school year, FMU had the third-lowest tuition in South Carolina.