The Undergraduate College Education in USA: Schools with Best and Worst ROI
DOI:
https://doi.org/10.14738/abr.46.2400Abstract
This study examined the ROI, total 4-year education cost, graduation rate and average loan amount for undergraduate education across schools in USA. The results indicate that students from Southwest region of USA enjoyed highest mean ROI (6.69%) along with highest median ROI (6.50%) with minimum standard deviation of 2.03% among all five regional analyzed over 20-yeasr period. Yale University reports the highest graduation rate of 98 percent in the nation. Georgia Institute of Technology (In-state) enjoyed highest ROI of 12.30 percent over 20-years period of studyReferences
Allie Bidwell, USA News, “College Grads Question How Much a Degree is Worth: More than half of college graduates say new grads will see a lower return on their educational investment,” February 10, 2015.
Best Return on Investment “The 50 Colleges with the Best Return on Investment in 2016, www.bestcolleges.com/features/best-roi-colleges/
Carrie Sealey-Morris, “What's the ROI of a college degree? | Value Colleges,”
www.valuecolleges.com/whats-the-roi-of-a-college-degree/, 2016 Value Colleges.
Chris Kahn, “What Is The ROI Of Your College Degree? Which jobs and degrees help you to pay off your student loans fastest? Find the ROI for your college degree,” Bankrate.com, www.bankrate.com/finance/college-finance/roi-college-degree.aspx
PayScale College ROI Report: Best Value Colleges: www.payscale.com/college-roi)
Payscle.com
The Economist: Higher education, “Is college worth it? Too many degrees are a waste of money. The return on higher education would be much better if college were cheaper,” Apr 5th 2014, CHICAGO
Troy Onink, “Unless You're Average, College ROI And Best Value Rankings Are Misleading,” Forbes Contributor, July 31, 2015