2022 best colleges in Alaska
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Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.
Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.
Payback: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.
Degree premium: The difference between the school’s median earnings and the median earnings for all schools in the same state. This is called “Vs. state average” in school profiles below.
Ranking: The payback rate is divided by the degree premium (set as a percentage), the lower the number the higher the rank. (i.e. payback=1, degree premium 20% higher than state school median: 1/120% = .883.
Alaska Pacific University
Anchorage, Alaska
Admission rate: 91%
Grad rate: 42%
Net cost: $18,602
Payback: 4.0 Years
Earnings: $47,267
Vs. state average: + $979
Economic score: 3.96
University of Alaska Southeast
Juneau, Alaska
Admission rate: 64%
Grad rate: 40%
Net cost: $11,787
Payback: 3.9 Years
Earnings: $40,727
Vs. state average: - $5,561
Economic score: 4.41
University of Alaska Fairbanks
Fairbanks, Alaska
Admission rate: 68%
Grad rate: 33%
Net cost: $10,333
Payback: 2.5 Years
Earnings: $43,728
Vs. state average: - $2,560
Economic score: 2.68
University of Alaska Anchorage
Anchorage, Alaska
Admission rate: 77%
Grad rate: 34%
Net cost: $12,995
Payback: 2.9 Years
Earnings: $47,891
Vs. state average: + $1,603
Economic score: 2.76