05-12-2013, 09:22 AM
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Choice is an Illusion
Industry Role:
Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
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Only 150 of 3500 U.S. Colleges Are Worth the Investment
Considering the costs of 'higher education'.... ouch.
Quote:
That average student loan balance for a 25-year-old is $20,326, according to the Federal Reserve of New York. Student debt is second largest source of U.S. household debt, after only mortgages.
Bennett assessed the ?return on investment? for the 3500 colleges and universities in the country. He found that returns were positive for only 150 institutions. The top 10 schools ranked by Bennett as having the best "ROI" are below (for the full list he used, click here, and for the latest figures, click here):
Harvey Mudd College
California Institute of Technology
Massachusetts Institute of Technology (MIT)
Stanford University
Princeton University
Harvard University
Dartmouth College
Duke University
University of Pennsylvania
University of Notre Dame
He found college is ?worth it? if you get into a top tier university like Stanford, or study an in-demand field like nuclear engineering at even a lower tier school.
Related: Are Millennials a ?Lost Generation??
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Enough Said. 
"Would you rather live like a king for a year or like a prince forever?"
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