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What is the return on investment (ROI) for the colleges on your list?

  • Eric Stutman
  • Jan 31, 2022
  • 1 min read

Most families consider the cost of colleges as part of their student's decision, but very few stop to consider the return on investment (ROI) of a college education, and the relative ROI of the colleges on their student's list.

Payscale.com makes it easy to see the difference between 24 years of a salary with a high school education compared to 20 years of an average salary from each college minus the cost of the college.

For example,

* 24 years of a $50,000/year salary is $1,200,000.

* 20 years of a college grad salary of $85,000 is $1,700,000 or a difference of $500,000.

* If the college education cost $120,000 (Like UMass), then the ROI is $380,000.

* If the college education cost $280,000, then the ROI is reduced to $120,000.

Take a look at the full list on payscale.com using this link

Let's discuss the ROI of the colleges on your list at our next meeting, or give me a call today.

Eric


 
 
 

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