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Replies to: Forbes: 25 Most Expensive Schools Worth Every Penny

  • merc81merc81 Registered User Posts: 6,818 Senior Member
    They may have borrowed their concept from an earlier compilation:

    http://www.****/lists/list/the-experts-choice-colleges-worth-every-penny/346/
  • MassDaD68MassDaD68 Registered User Posts: 1,266 Senior Member
    Was not able to find out the methodology.
  • Erin's DadErin's Dad Super Moderator Posts: 34,108 Super Moderator
    This is what they say
    Using FORBES’ 2016 ranking of America’s Best Value colleges, we took a look at the highest-ranking Best Value colleges that also charge the most for attendance. While these schools are pricey, they also have the highest payoff: students graduate on time and make higher post-graduation earnings (according to College Scorecard and PayScale data).
    But as for details, here is where the ABV methodology is
    http://www.forbes.com/sites/carolinehoward/2016/03/29/best-value-colleges-2016-the-300-schools-worth-the-investment/2/#76bd68333b00

    Lots of things to pick at.
  • philbegasphilbegas Registered User Posts: 2,819 Senior Member
    It's just another (less thorough) way to look at the ROI you get from various colleges, crossing it with which of them are actually the most expensive to attend.
    http://www.payscale.com/college-roi/school-type/private

  • ClarinetDad16ClarinetDad16 Registered User Posts: 3,414 Senior Member
    So best value schools at full sticker price?
  • saillakeeriesaillakeerie Registered User Posts: 1,371 Senior Member
    edited November 2016
    Not clear as they are listing average net price.

    Another of the "It Depends" won't sell papers, magazines, get clicks, etc. so we need to provide a numbered list with what appears to be objective ways to determine the subjective.
  • snarlatronsnarlatron Registered User Posts: 1,508 Senior Member
    Looks like more GIGO when you analyze the methodology. College "quality" includes info culled from public, anonymous non-scientific sources such as ratemyprofessors.com and Facebook surveys. The rest suffers from cause/correlation fallacy. Are these students getting ROI or did the selective schools just pick kids who are the kind of kids who will work hard, graduate on time and eventually earn big salaries because of their cognitive strengths and work ethic?
  • Much2learnMuch2learn Registered User Posts: 4,094 Senior Member

    It is odd that Harvard has the highest average salaries in the ivy league, and isn't listed. Penn has the second highest, and is not listed either.
  • katliamomkatliamom Registered User Posts: 10,805 Senior Member
    A very bizarre list. I can see how the STEM schools would appear on such a list, but some of these seem random... Colgate? Haverford? Carleton?
  • TooOld4SchoolTooOld4School Registered User Posts: 2,588 Senior Member
    The money magazine list is similar and seems to expound more on the value of the college instead of raw numbers. Colleges are very good at selecting talent, but may not be all that good at adding value.
  • ClarinetDad16ClarinetDad16 Registered User Posts: 3,414 Senior Member
    Where are Princeton and Rice?
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