DES MOINES (KWWL)-The first Wall Street Journal/Times Higher Education ranking of United States colleges listed Drake University at 149 in a list with more than 1,000 schools nationwide.
“This ranking is yet another testament to the exceptional value of a Drake degree—a value we are continuously enhancing with initiatives such as The Drake Commitment and the Drake Tuition Guarantee,” Marty Martin, president of Drake University said.
The new rankings are based off of 15 indicators that assess colleges and universities in four areas. Combining private and public institutions into one list, they look at how a college performs in outcomes, resources, environment and engagement. The college scored 93.5 out of 100 in value added to salaries for graduates.
The ranking program puts student success and learning at the core of its system.
The 15 performance indicators for the ranking have been chosen to answer the questions that matter the most when choosing a university or college. An explanation of the methodology is at www.on.wsj.com/college-ranking-methodology.
Data sources include the Times Higher Education (THE) U.S. Student Survey of 100,000 current U.S. students and the annual THE Academic Reputation Survey of 10,000 scholars in 133 countries, along with public data on areas including completion rates, graduate employment and loan repayments.
“Our aim is to assess each university’s success in achieving their educational mission, rather than focusing on a narrow set of inputs,” Phil Baty, Times Higher Education Rankings editor said.
In the last 18 months, this is the third time Drake's education has had a ranking that validates the salary boost in its graduates. One analysis from The Economist found that Drake University degree recipients earn $8,799 more per year, 10 years after graduation, than they would have if they attended another college or university.
The Brookings Institute reported that Drake adds more than 32% to the projected mid-career earnings of demographically similar graduates at institutions with similar characteristics.
Among Drake’s 2015 bachelor’s degree recipients, 98.9% had a job or graduate school acceptance within six months after graduating.
Ten years after enrolling at Drake, graduates earn almost $20,000 more than peers nationally (Department of Education College Scorecard), which is number one in the state of Iowa.
Earlier this month, U.S. News & World Report ranked Drake University third for overall quality among universities in the Midwest for the eighth year in a row.
You can learn more about Drake’s academic programs and schedule a campus visit at www.drake.edu.