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FLINT, MI -- Kettering University is the top college in Michigan in terms of return on investment, according to the newly released data from Payscale.com.

Kettering ranked 12th nationally -- up from 41st nationally last year. PayScale measures Return on Investment by evaluating factors like cost of attendance and earning potential of graduates to determine its rankings.

"These rankings are another strong endorsement of the power of Kettering's unique experiential and co-op-based education model," said Kettering University President Robert McMahan in a written statement.

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For Kettering the total return on investment was $752,900 -- the difference between 20 year median pay for a bachelor's graduate and a 24 year median pay for a high school grad minus the total four year cost.

In September of 2014, Kettering ranked first in Michigan and 59th nationally in PayScale's median salary for graduates rankings.

Baker College ranked 11th in the state with a $304,200 return on investment.

University of Michigan-Flint ranked 28th in the state with a $156,100 return on investment.