TROY, Mich., Dec. 18, 2015 /PRNewswire/ -- The high marketplace value of a Walsh College undergraduate business degree translates into competitive salary performance, while the fiscal discipline displayed by Walsh students in repaying federal loans greatly exceeds national and Michigan averages, according to two national sources.
According to the recent U.S. Department of Education College Scorecard, Walsh undergraduates earned $54,500 on average in post-graduation salary. Walsh placed fourth among the 52 colleges in Michigan that offer bachelor degrees, and was the only business school in the group.
Separately, the U.S. Department of Education reported that Walsh's 2012 three-year national cohort-default rate for loans was just 1.7 percent, well below the national average default rate of 11.8 percent and the state of Michigan average of 12.8 percent.
The College Scorecard (whitehouse.gov/scorecard), an interactive web tool initially released in September 2015, includes five key pieces of data about a college: average annual costs, retention and graduation rates, average salary after attending, loan repayment, and average loan debt.
It highlights key indicators about the cost and value of institutions across the country to help students choose a school that is well-suited to meet their needs, is priced affordably, and is consistent with their educational and career goals. Students and families use the options to make selections based on their individual needs, including location, size, campus setting, and degree and major programs.
"The College Scorecard underscores that a Walsh business degree can translate into a highly competitive salary upon graduation. It reflects favorably on the high standards of our faculty and the quality of our student body," said Stephanie W. Bergeron, president and CEO, Walsh College.
"In addition, our low loan default rate, as noted by the U.S. Department of Education, is testimony to our students' discipline in managing financial affairs, which will serve them well in their business careers," she added.
Registration for the Winter 2016 semester is now open. For more information, visit www.walshcollege.edu.
Founded in 1922, Walsh College is an all-business, private, independent, not-for-profit, fully accredited college. It offers 19 undergraduate and graduate business and technology degrees, as well as certificate programs. One of the region's largest business schools and one of Michigan's top three graduate business schools, Walsh has locations in Troy, Novi, Clinton Township, and Port Huron, as well as online. Walsh degree programs include accounting, finance, information technology, management and leadership, marketing, taxation, and other fields. The faculty integrates theory and application to prepare graduates for successful careers. It includes four Fulbright Scholars, the most of any business school in the state of Michigan. Walsh has about 27,000 alumni, most of whom live or work in Michigan. Walsh is accredited by the Higher Learning Commission (www.hlcommission.org). The Accreditation Council for Business Schools and Programs (www.acbsp.org) accredits specific degree programs.
SOURCE Walsh College