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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 are worth every penny.
The following are this 2016's top 15 best value colleges, as listed by Payscale, along with the data collected that demonstrates why the school made the list.
1. California Institute of Technology (Caltech)
Pasadena, CA
Cost of a 4-year degree (private): $230,000
20-Year Net ROI: $973,000
2. Massachusetts Institute of Technology (MIT)
Cambridge, MA
Cost of a 4-year degree (private): $232,000
20-Year Net ROI: $972,000
3. (TIE)Harvey Mudd College
Claremont, CA
Cost of a 4-year degree (private): $249,000
20-Year Net ROI: $945,000
3. (TIE)SUNY – Maritime College
Throggs Neck, NY
Cost of a 4-year degree (In-State): $89,000
20-Year Net ROI: $945,000
5. SUNY – Maritime College
Throggs Neck, NY
Cost of a 4-year degree (Out-of-State): $126,000
20-Year Net ROI: $908,000
6. Stanford University
Stanford, CA
Cost of a 4-year degree (Private): $240,000
20-Year Net ROI: $854,000
7. Colorado School of Mines
Golden, CO
Cost of a 4-year degree (In-State): $118,000
20-Year Net ROI: $846,000
8. Georgia Institute of Technology
Atlanta, GA
Cost of a 4-year degree (In-State): $91,500
20-Year Net ROI: $833,000
9. Princeton University
Princeton, NJ
Cost of a 4-year degree (Private): $224,000
20-Year Net ROI: $820,000
10. Carnegie Mellon University (CMU)
Pittsburgh, PA
Cost of a 4-year degree (Private): $243,000
20-Year Net ROI: $811,000
11. University of California - Berkeley
Berkeley, CA
Cost of a 4-year degree (In-State): $133,000
20-Year Net ROI: $806,000
12. Babson College
Wellesley, MA
Cost of a 4-year degree (Private): $238,000
20-Year Net ROI: $794,000
13. Massachusetts Maritime Academy
Buzzards Bay, MA
Cost of a 4-year degree (In-State): $86,900
20-Year Net ROI: $787,000
14. Kettering University
Flint, MI
Cost of a 4-year degree (Private): $199,000
20-Year Net ROI: $785,000
15. Colorado School of Mines
Golden, CO
Cost of a 4-year degree (Out-of-State): $181,000
20-Year Net ROI: $783,000
Source feed Post from fastweb //www.fastweb.com/student-life/articles/top-15-best-value-colleges-of-2016
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