Virginia Colleges: Get What You Pay For?

The USDOE has updated its College Scorecard, apparently with 2016 data.  Here is a summary for the Virginia colleges & universities.

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That last column is my Bang per Buck ratio, which is the salary times graduation rate divided by cost per year.

CAVEAT: The graduation rate is for full-time, first-time students.  The earnings are only for Title IV-receiving students and do not include those enrolled in graduate school at the time of collection.

Here are those data in graphs (Please forgive the excess digits after the decimal point in some numbers in the labels; Excel won’t let me set the number of significant figures for each element.  Thus, to get two significant figures in the slope of the first graph, I had to take a ridiculous five in the intercept and six in the R-squared.)

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And here are the same graphs for just the Big Five (GMU, Tech, UVa, VCU, W&M):

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