College is expensive, and prospective students, their parents, and policy makers want to know: What kind of return can I expect on my investment?
Until now, those seeking answers have been able to evaluate the payoff of a degree as measured by official data on earnings, either one year after graduating or a decade after enrolling. A new report from the Georgetown University Center on Education and the Workforce provides an answer on an even longer scale: 40 years.
“A First Try at ROI,” ranks 4,500 two- and four-year colleges that primarily offer bachelor’s or associate degrees or certificates by their return on investment 10 and 40 years after enrollment. To measure ROI, the study uses net present value, which estimates how future earnings are valued in the present. The measure, calculated using data from the College Scorecard, essentially weighs the cost of paying for college against what students could potentially earn down the line.
We’re sorry, something went wrong.
We are unable to fully display the content of this page.
This is most likely due to a content blocker on your computer or network.
Please allow access to our site and then refresh this page. You may then be asked to log in, create an account (if you don't already have one), or subscribe.
If you continue to experience issues, please contact us at 202-466-1032 or help@chronicle.com.