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Claremont Colleges Consortium Boasts High Yields Among Liberal Arts Schools

Yield refers to the percentage of students admitted to an institution who choose to enroll. Colleges pride themselves on this metric as it demonstrates their value and reputation to high-caliber students. High yields are also financially valuable as they bring in more tuition money every year. Liberal arts schools saw a 42% increase in the number of applicants between 2007 and 2017, but yield is expected to drop with the coronavirus pandemic as students face financial or logistic roadblocks and are unable to attend college.  

Institutional Yield 2017

Source: The Chronicle
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University Presidents’ Compensation Outweighs Faculty Salaries 17 to 1

17 public universities and 64 private universities issued executive compensation over 1 million USD in 2017, with Pennsylvania State University rising to the top of the public sector and Rensselaer Polytechnic Institute and University of Pennsylvania’s presidents topping out the private sector. Of the highest-paid public and private university presidents, their compensation was 17 times greater than their faculty salaries on average, with a pay-to-tuition ratio of 96:1 on average. Long tenures account for a large part of the astronomical salaries, as many presidents agree to long-term deferred compensation agreements, which incentivize their continued commitment to their institutions. Critics argue that presidents should be compensated according to performance, not tenure, especially when funds for their salaries could be diverted towards faculty pay, pensions, or financial aid programs.

Highest Executive Compensation at U.S. Colleges 2017

Note: Numbers next to college names (i.e. (12x)) indicate the ratio of executive compensation to average faculty salary. For example, '12x' indicates that the school's executive receives a salary 12 times higher than that of their average faculty member.
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STEM and Business Remain the Most Lucrative Disciplines

…as the peak salary among business majors averaged almost $100k while STEM majors averaged $102k. Both disciplines also saw high initial salaries right around $50,000 per year, while health care, social sciences, and language/philosophy majors had starting salaries in the $30k range. Though entry-level compensation in the social sciences and humanities is low, these disciplines experience the highest growth rate in salary.

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Students rank small liberal arts schools higher than Ivy League and UCs

Williams and Bowdoin rank especially high on several student-generated rankings. Every year, the Princeton Review’s college rankings survey 140,000 students across 385 schools to generate 62 different lists of top 20 schools in eight categories. Below we include our picks from the results of five Academic surveys (1).

2019 Ranking: schools with the attached link (blue) overlap with the Fahey Associates curated college list.

Rank ↓ Best Classroom Experience ⤻ Students Study the Most ⤻ Professors Get High Marks ⤻ Most Accessible Professors ⤻ Best Science Lab Facilities ⤻
1 Reed College California Institute of Technology Sarah Lawrence College United States Military Academy Lehigh University
2 Franklin W. Olin College of Engineering Williams College Reed College Williams College United States Military Academy
3 United States Military Academy Reed College Franklin W. Olin College of Engineering Wabash College St. Olaf College
4 Sarah Lawrence College Franklin W. Olin College of Engineering Mt. Holyoke College College of Wooster California Institute of Technology
5 St. John’s College (MD) College of Wooster St. John’s College (MD) Webb Institute United States Naval Academy
6 Grinnell College Rose-Hulman Institute of Technology Grinnell College Whitman College Rose-Hulman Institute of Technology
7 University of Richmond College of the Atlantic Thomas Aquinas College Colby College University of Scranton
8 Williams College Harvey Mudd College Bennington College Harvey Mudd College William and Mary
9 St. Olaf College Webb Institute Vanderbilt University Rose-Hulman Institute of Technology Stanford University
10 Marlboro College United States Military Academy Wabash College St. John’s College (MD) Harvey Mudd College
11 Bucknell University Brown University Marlboro College Thomas Aquinas College Johns Hopkins University
12 Mt. Holyoke College St. John’s College (NM) Hillsdale College Furman University Bucknell University
13 Wabash College Lehigh University Hobart and William Smith College Hillsdale College Loyola Marymount University
14 College of Wooster Gettysburg College Dickinson College Wake Forest University United States Air Force Academy
15 Earlham College Wellesley College Bowdoin College St. John’s College (NM) Grinnell College
16 Bennington College Grinnell College Emory University Carleton College St. Lawrence University
17 Thomas Aquinas College St. John’s College (MD) Wheaton College (IL) Grinnell College Trinity University
18 Gettysburg College The Cooper Union for the Advancement of Science and Art Williams College Randolph College Georgia Institute of Technology
19 Bard College Hillsdale College University of Richmond University of Richmond Emory University
20 Hamilton College Bowdoin College Wellesley College Bowdoin College Wheaton College
Note: See the Princeton Review article for the complete set of 62 college rankings
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