This public service announcement (PSA) for high school seniors and their parents looks at the one metric that should actually matter when considering a college to attend!
With the skyrocketing cost of a college education coupled with the lead weight of student loans the reality is that a college or university being chosen by a high school senior should depend less on these metrics...
- Big school versus small school,
- Warm versus cold climate,
- Division I sports versus Division II or III (aka rah rah school versus not)
- Party school versus serious academic school,
- My parents went there,
...and more on this one:
For the money being paid on this education what can I reasonable expect my ROI from said money to be? For those who may be unfamiliar with the term ROI, here it is.
ROI or return on investment: A performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment; the result is expressed as a percentage or a ratio. (Source)
The website PayScale.com provides such a list and is worth the read:
At PayScale.com here.
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