As the cost of higher education continues to rise, students are increasingly concerned about the return on investment of their degree. A recent study by College ROI experts at Degree choices analyzed data from over 400 national universities and colleges to determine the top 25 schools with the best return on investment. Here are the top 10 universities:
CUNY City College
With an Economic score of 0.44, CUNY City College ranks as the top national university with the best return on investment. The net cost per student each year is just $2,805 on average, and graduates can expect to pay back the cost of their degree in under 6 months.
Massachusetts Institute of Technology (MIT)
With an Economic score of 0.46, MIT offers an average salary of $111,222 for graduates ten years after enrollment, and students can expect to pay back the cost of their degree in just under a year.
University of Florida
With an Economic score of 0.49, University of Florida has a 30% admission rate and an average in-state cost per year of $5,135. The graduation rate is 21% above the national average, and graduates earn an average salary of $95,689 ten years after enrolling.
With an Economic score of 0.51, Princeton is within the top 5% of all ranked schools for return on educational investment. The admission rate is just 4%, and graduates earn an average salary of $95,689 ten years after enrollment.
With an Economic score of 0.57, Stanford has an average in-state cost per year of $12,894 and graduates earn an average salary of $97,798 ten years after enrolling.
With an Economic score of 0.63, Harvard graduates can expect to pay $13,872 per year of study after financial aid, with annual earnings of $84,918 ten years after enrollment.
California Institute of Technology (Caltech)
With an Economic score of 0.73, Caltech graduates earn on average $112,166 ten years after enrollment, and bachelor students earn 77% more than the national average.
Florida International University (FIU)
With an Economic score of 0.75, FIU students earn on average $54,501 ten years after enrolling and can expect to pay $5,298 per year after financial aid. 94% of students receive some sort of grant or scholarship, compared to the national average of 87% for all colleges and universities.
University of Pennsylvania
With an Economic score of 0.79, the average salary of graduates ten years after finishing their program at the University of Pennsylvania is $103,246. The average cost per year of study is $25,046 after financial aid.
With an Economic score of 0.85, Yale graduates can expect to pay $15,296 per year on average and earn an average salary of $88,655 ten years after enrolling.
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