Which Colleges Have the Best ROI?

When you are deciding on a college, you should consider different elements to make a better decision. One of these elements is ROI (return on investment).

We can say that the ROI of a college degree is how much you earn compared to how much you pay to get that degree. ROI tells you the effectiveness of your degree. It is calculated using two values: the cost of investment (college expenses) and the return (potential lifetime earning).

Here are the ROI values and other statistics of some private and public colleges that you should know before applying.

Rose-Hulman Institute of Technology (RHIT)

  • Students of RHIT spend around 4 years in the school.        
               
  • The net cost of a 4-year degree in RHIT is $232,000, and the average student loan per    year reaches $11,375.
               
  • The total 20 years ROI of the institute is $738,000.
               
  • The average graduation rate is 78%.

Kettering University

  • Students at Kettering University spend an average of 5 years in the institute.
               
  • The average student   loan amount reaches up to $8,340, and the total cost per 4-year     degree is $208,000.
               
  • The average 20-year ROI is $743,000.
               
  • The average graduation rate is 57%.

Georgia Institute of Technology

  • Students complete their graduation in 5 years.
               
  • The total 4-year college cost is $174,000, and students often take an average $6,340       loan per year.
               
  • The total 20-year ROI is $746,000.
               
  • The average rate of graduation is 82%.

Worcester Polytechnic institute

  • Most of the students complete their graduation in 4 years.
               
  • The average cost of a 4-year degree program is $235,000, and the average student loan per year reaches $10,750.
               
  • The total 20 year-ROI is $752,000.
               
  • The overall graduation rate is 85%.

Stanford University

  • Students complete their degrees in an average of 4 years.
               
  • The total 4-year cost is $247,000, and the average student loan per year is $7,275.
               
  • The average 20-year ROI is $761,000.
               
  • The normal graduation rate is 95%.

Princeton University

  • Students spend an average of 4 years in the university.
               
  • The total cost of a 4-year degree program is about $231,000, while the average loan per year is about $3,525.
               
  • Net 20-year ROI is estimated to be $764,000.
               
  • The average graduation rate is 97%.

Massachusetts Maritime Academy

  • Most of the students complete their degrees in 4 years.
               
  • The average fee of a 4-year degree program is $89,900, and students have to take an     average of $8,000 loan per year to meet their college expenses.
               
  • The net 4-year ROI is about $773,000.
               
  • The overall graduation rate is 70%.

California State University

  • Students at California State University take about 4 years to complete their graduation degree.
               
  • Students pay around $131,000 to complete their 4 years degree, and they take up to      $7,650 loan per year to meet their expenses.
               
  • The total 20-year ROI is $781,000.
               
  • The average graduation rate is only 54%. 

Colorado School of Mines

  • Students complete their graduation in around 5 years.
               
  • The total cost of a 4-year degree program is $188,000, while the average loan that           students take to meet yearly college expenses is $6,700.
               
  • The average 4-year ROI is $818,000.
               
  • The average graduation rate is 76%.

About RJ Frometa

Head Honcho, Editor in Chief and writer here on VENTS. I don't like walking on the beach, but I love playing the guitar and geeking out about music. I am also a movie maniac and 6 hours sleeper.

Check Also

6 Amazing Apps to Learn English for Students Studying Abroad

If you’re a student studying abroad, not being proficient in English, it can be quite …