ROI for College Education - New Study Finds Private Schools Have Higher ROI

[FullGlass, BSN, MSN, NP]

Georgetown University just released a study on ROI for college education. It provides data on over 4,500 colleges in the US, including community colleges.

"In the short term, 10 years after enrollment, colleges that provide associate degrees and certificates offered high returns, as did public colleges. But in the long term, 40 years after enrollment, four-year schools focused on bachelor’s degrees were a better investment. And private nonprofit colleges outdid public institutions, even though they required more student loan debt.

The report’s authors expected elite universities to yield the better results, but the best schools for long-term returns varied. For example, occupational schools like Maine Maritime Academy, the United States Merchant Marine Academy, St. Louis College of Pharmacy and Albany College of Pharmacy and Health Sciences were among the top ten investments 40 years down the line."

FYI - Elite schools like the Ivy Leagues and equivalent do indeed have a very high ROI

Above quote from

https://diverseeducation.com/article/159813/

More analysis of study:

https://www.mysanantonio.com/news/local/article/Is-college-worth-it-A-study-measures-return-on-14834468.php

Below is a link to the actual study, so you can look up different schools. Note: this study does not analyze different majors:

https://cew.georgetown.edu/cew-reports/collegeroi/