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Forbes: 25 Most Expensive Schools Worth Every Penny

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

  • merc81merc81 10171 replies152 postsRegistered User Senior Member
    They may have borrowed their concept from an earlier compilation:

    http://www.****/lists/list/the-experts-choice-colleges-worth-every-penny/346/
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  • MassDaD68MassDaD68 1524 replies24 postsRegistered User Senior Member
    Was not able to find out the methodology.
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  • Erin's DadErin's Dad 33021 replies3718 postsSuper Moderator 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.
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  • philbegasphilbegas 2924 replies73 postsRegistered User 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

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  • ClarinetDad16ClarinetDad16 3303 replies119 postsRegistered User Senior Member
    So best value schools at full sticker price?
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  • saillakeeriesaillakeerie 2226 replies0 postsRegistered User 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.
    edited November 2016
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  • snarlatronsnarlatron 1595 replies45 postsRegistered User 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?
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  • Much2learnMuch2learn 4609 replies168 postsRegistered User 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.
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  • katliamomkatliamom 12783 replies167 postsRegistered User 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?
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  • TooOld4SchoolTooOld4School 3326 replies12 postsRegistered User 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.
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  • ClarinetDad16ClarinetDad16 3303 replies119 postsRegistered User Senior Member
    Where are Princeton and Rice?
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  • insanedreamerinsanedreamer 1533 replies3 postsRegistered User Senior Member
    > Is a school 'worth less' if its highly educated students go onto become teachers and public interest lawyers and professors and policy analysts, all who make less money than software engineers and bankers?

    Not at all. But Forbes being a magazine about money, it's understandable that their perspective would be based exclusively on earnings. The problem is that "graduates who contribute society while making less money" is extremely hard to quantify.
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  • guitar321guitar321 416 replies18 postsRegistered User Member
    This list is just stupid. It has no rhyme or rhythm and excludes phenomenal schools that are worth every penny, like Harvard.
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  • markhammarkham 773 replies9 postsRegistered User Member
    So the list is "bizarre" and choices "random"?

    Hardly. And there's the rub. These elite and well endowed LACs deliver highly successful and motivated graduates. How? Look at what they say their outcomes as driven by their liberal arts curricula, career-related programs, off campus study and alumni engagement for starters. Oh, and they do offer STEM courses too, to the extent that they - as well, presumably, as graduate schools and employers- find useful and attractive. And these LACs have been doing so for a long, long time. Simple as that.

    Go 'gate!
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  • ClarinetDad16ClarinetDad16 3303 replies119 postsRegistered User Senior Member
    edited November 2016
    Here is Forbes Best Value Colleges:
    http://www.forbes.com/value-colleges/list/

    Here is Forbes Best Colleges:
    http://www.forbes.com/top-colleges/list/

    So once again what's this expensive schools worth every penny list mean?
    edited November 2016
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