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A college education is a great investment in your future. You need a college education to further your career, not to mention, it helps you grow intellectually as an individual. But are some colleges a better investment than others?
Yes, according to calculations by Payscale, a site that collects career and salary data.
Using specific methodology, Payscale researched and calculated different colleges’ return on investment (ROI). Apparently, the following schools aren’t worth their weight in gold – or the sky-high tuition prices.
The following are the top ten colleges with the worst ROI, according to Payscale, along with the data collected that demonstrates why the school made the list.
10. Colorado School of Mines
Golden, Colorado
Cost of a 4-year degree (out-of-state): $172,000
20-Year Net ROI: $771,000
9. Princeton, University
Elizabeth, New Jersey
Cost of a 4-year degree: $217,300
20-Year Net ROI: $795,700
8. Georgia Institute of Technology
Atlanta, Georgia
Cost of a 4-year degree (in-state): $86,700
20-Year Net ROI: $796,300
7. Massachusetts Institute of Technology
Cambridge, Massachusetts
Cost of a 4-year degree: $224,500
20-Year Net ROI: $798,500
6. Stanford University
Stanford, California
Cost of a 4-year degree: $223,300
20-Year Net ROI:$809,700
5. Babson College
Babson Park, Massachusetts
Cost of a 4-year degree: $230,200
20-Year Net ROI: $812,800
4. Colorado School of Mines
Golden, Colorado
Cost of a 4-year degree (in-state): $112,000
20-Year Net ROI: $831,000
3. Stevens Institute of Technology
Hoboken, New Jersey
Cost of a 4-year degree: $232,000
20-Year Net ROI: $841,000
2. California Institute of Technology (Caltech)
Pasadena, California
Cost of a 4-year degree: $221,600
20-Year Net ROI: $901,400
1. Harvey Mudd College
Claremont, California
Cost of a 4-year degree: $155,200
20-Year Net ROI: $985,300
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