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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