HigherEdMorning.comTop 20 colleges that are worth the cost

Top 20 colleges that are worth the cost

July 8, 2010 by Geneva Reid
Posted in: Academics, Finances, In this week's e-newsletter, Latest News & Views

It’s not a news flash that college costs are reaching the red zone. But a new study shows which schools actually give you the best return on your investment. The study, conducted by PayScale (an online salary info company), was based on 1.4 million college grads who attended more than 850 different colleges.

Here are the study’s top 20 schools – along with their average cost in 2009 and their 30 year ROI:

  1. Massachusetts Institute of Technology – cost: $189,300; ROI: $1,688,000
  2. California Institute of Technology — cost: $181,100; ROI: $1,644,000
  3. Harvard University — cost: $189,600; ROI: $1,631,000
  4. Harvey Mudd College — cost: $187,700; ROI: $1, 627,000
  5. Dartmouth College — cost: $188,400; ROI: $1,587,000
  6. Stanford University — cost: 191,800; ROI: $1,565,000
  7. Princeton University — cost: $187,700; ROI: $1,517,000
  8. Yale University — cost: $194,200; ROI: $1,392,000
  9. University of Notre Dame — cost: $181,900; ROI: $1,384,000
  10. University of Pennsylvania — cost: $191,300; ROI: $1,361,000
  11. Duke University — cost: $187,600; ROI: $1,319,000
  12. Lehigh University — cost: $180,400; ROI: $1,308,000
  13. Union College — cost: $186,500; ROI: $1,262,000
  14. Amherst College — cost: $188,200; ROI: $1,259,000
  15. Worcester Polytechnic Institute — cost: $184,900; ROI: $1,224,000
  16. University of California, Berkeley — cost: $118,900; ROI: $1,223,000
  17. Carnegie Mellon University — cost: $190,600; ROI: $1,220,000
  18. Colgate University — cost: $187,700; ROI: $1,167,000
  19. Columbia University — cost: $192,200; ROI: $1,161,000
  20. Rensselaer Polytechnic Institute — cost: $227,300; ROI: $1,158,000

To see more details about the study, click here.

Did they get the list right? Let us know what you think in the comments section below.

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