10 May '12, 8pm

Is College a Good Investment?

Is College a Good Investment?

Does it make economic sense to invest in a college degree? If you’re studying engineering or can get yourself into a private research university, especially an Ivy League school, the answer is a whopping ‘Yes!’ according to Payscale’s return-on-investment calculations for over 850 schools. Payscale calculates the value of a college degree by looking at earnings over a 30-year period, and deducting the earnings of a typical high school student. The net cost of college includes the amount spent over the entire time it takes students to graduate. And they factor in a college’s graduation rate. The 2012 numbers were released last month, and the data show that 43 of the top 50 schools are private research universities. Close to a third of the top 30 schools are engineering schools, with Harvey Mudd College, Caltech, and MIT taking the report's top three spots. On average, engin...

Full article: http://spectrum.ieee.org/tech-talk/at-work/education/is-c...

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