First, "worst in the b10" is only by 10 year NPV, and not necessarily the other NPVs (definitely not the 40 year ... not sure on the others). Second, there are more universities in the country than those in the Big Ten, so ... yes. Third, we could have already been the worst in the Big Ten years ago, so, even by your own judgment criteria, that wouldn't be decreasing in value.
FWIW: The 40 year Rate of Return has Penn State 12th out of 14 in the Big Ten.
Just a bit above Ohio State (486th place overall to 541st), and ahead of new-to-the-Big-Ten (and non-AAU) Nebraska (732nd).
Is that a Banner-Waver?
Not sure what your point is, but just a bit more context from the study, and the various parameters they measured.
I am not sure if you are contending that the data doesn't overwhelmingly "say what is says" (truly, I am not sure what the point was), but one would think that ship, the USS Denial, has sailed out of port a long time ago. The data, most definitely, says what it says - even if (especially if) no one wants to admit it, or address it:
The Data from the Report, for Penn State:
Net Price Paid (Tuition):
Rank in Big Ten: 14th
Amount of Student Debt:
Rank in Big Ten: Tied for 13th (last) with Michigan State
Graduation Rate (this has become a big deal, for obvious reasons - obvious for anyone who has been paying attention - and should surprise no one):
Rank in Big Ten: 12th
Repayment Rate on Student Loans (ie: not going into default):
Rank in Big Ten: 12th
Earnings relative to Price Paid (Tuition):
Rank in Big Ten: 14th
Earnings relative to Debt:
Rank in Big Ten 14th
% of Graduates earning more than High School Graduates:
Rank in Big Ten 12th
One of the things NOT incorporated into this data base is amount of Grants/Scholarships provided, and that, I think, is an important factor - but we know from the IPEDS data where PSU stands in that regard - which is not well, of course.
For what it is worth, the worst University, among all major conference schools, in the survey? That would be the one that Penn State just procured their next President from.