this month’s issue of MONEY magazine lists best 20 year ROI for degrees, from no. 1 to no. 10:
1 harvey mudd
2. caltech
3. stevens inst of tech.
4. co. school of mines (in state tuition
5. babson coll.
6. stanford
7 MIT
8 georgia institute of tech
9. princeton
10. co. school of mines (out of state tuition
20 year r.o.i. ranging from a high of 985k for no. 1 (over and above tuition paid) to 771k for no. 10
princeton barely clawed its way on there to represent for the ivies, presumably harvard yale etc do less well…
there ya have it. straight from money mag. a magazine i hate, but which for some reaosn I subscribed to last yr. this is my last issue. i hate this magazine. hate it. the offer was so cheap whowever i just sent the damn thing on in on a whim. dumb. i cant even articulate why i despise this magazine so much.
was gonna renew my oldsubscription to adbusters, sort fo the anti-money magzine but itwas too much money. no discounts. 50 bucks for 4 issues. just horrifically depressing, dystopian disaster. no stats on ROI for university degrees. just screeds against corporate evil destruction. althugh now i see its a little cheaper if i subscribe ont he internet.
since harvey mudd is 50k a year tuition, kid ahs to make 100k to get that million dolalr return over 20 years.
i think a kid is way more likely to get a better return on investment from a mere 8k investment as an engineering student at a cal state school.
obviously theres more to the equation than just ROI, but still…
point is…
ivies dont get the return on investment these schools do, on average…