August 23, 2013
Texas Tech University was recently named No. 28 in the country for “Affordable Colleges with High Returns” by AffordableCollegesOnline.org.
Out of 875 schools that met certain criteria, including 4-year tuition of less than $40,000, Texas Tech was ranked 28th with a 30-year return on investment (ROI) computed at $328,000.
“We are certainly proud of the opportunities afforded to our alumni,” said Texas Tech President M. Duane Nellis. “The recent decision by the Board of Regents to freeze tuition for this school year emphasizes the need for quality higher education that doesn’t become a life-long burden on alumni, but rather opens doors and assures success. Texas Tech’s high ROI reflects Texas Tech’s commitment to our students and alumni.”
The list was compiled with information from NCES, IPEDS, Carnegie and Payscale.com.
Tuition for the 2013-2014 school year is $7,517.
“Texas Tech offers accessible education without sacrificing quality,” said Chancellor Kent Hance. “Our alumni succeed in all disciplines, and I am proud that our graduates can look forward to countless opportunities to excel rather than the dread of financial struggle.”