HC's Rate of Return

<p>Found this on the BC section. Note that long term HC beats many of the schools.</p>

<p>Assuming you’re paying full-tuition at each school, which gives you the best return for your investment?</p>

<p>Legend:
School name (tuition): Starting Median Salary / Rate of return ( = starting median salary / tuition)</p>

<p>The rate of return is what you get back for every dollar you invest in a school. For example, a dollar of tuition invested in Harvard gets a 63% return (or $1.63). In perspective, in the stock market, a return of just 30% will earn you the adoration of Wall Street and millions of business school graduates. Even Bernie Madoff’s outrageous promise of return only reached 46%. </p>

<p>Short term Returns of Investment:

  1. Umass Lowell (10.4k instate, 22.8k out-state): $47.9k / 360% rate of return for instate tuition/ 110%out state
  2. Umass Amherst (10.2k instate, 21.7k out-state): $46.4k / 355% instate / 114% out state
  3. Umass Boston (10.6k instate, 22.8k out-state): $46.2k / 336% instate / 102%
  4. Umass Dartmouth (10.3k instate, 20k out-state): $44.4k / 331% instate / 122% out state
  5. MIT (37.8k tuition): $71.1k/ 88%
  6. WPI (37.4k tuition): $61.1k / 63.36%
  7. Harvard (36.8k tuition): $60k / 63.04%
  8. Northeastern (35.4k): $51.3k / 44.9%
  9. Amherst College (38.9k): $54.9k / 41%
  10. BC (39.1k): $51.5k / 31.7%
  11. BU (38.4k) : $48.8k / 27%
  12. Williams College (39.5k): $49.4k / 25%
    13) College of the Holy Cross (38.7k): $46.6k / 20.4%
  13. Tufts University (40.3k) : $48.2k / 19%
  14. Smith College (37.7k): $44.7k / 18%
  15. Wellesley College (38k): $43.1k / 13.4%
  16. Mount Holyoke (39.1k): $42.1k / 7.6%
  17. Wheaton College (39.8k) : $41.8k / 5%</p>

<p>Legend:
School name (tuition): Mid-career Median Salary / Rate of return ( = starting median salary / tuition)</p>

<p>Long Term Returns:

  1. Umass Lowell (10.4k instate, 22.8k out-state): $90k / 765.4% rate of return for instate tuition/ 294.7%out state
  2. Umass Amherst (10.2k instate, 21.7k out-state): $81.3k / 697% instate / 274.6% out state
  3. Umass Dartmouth (10.3k instate, 20k out-state): $78.5k / 662% instate / 292.5% out state
  4. Umass Boston (10.6k instate, 22.8k out-state): $75k / 607% instate / 229%
  5. Harvard (36.8k tuition): $126k / 242.4%
  6. MIT (37.8k tuition): $126k/ 233%
  7. WPI (37.4k tuition): $110k / 194%
  8. Amherst College (38.9k): $109k / 180%
    9) College of the Holy Cross (38.7k): $104k / 168.7%
  9. Williams College (39.5k): $103k / 160.7%
  10. Tufts University (40.3k) : $105k / 160.5%
  11. BC (39.1k): $101k / 158%
  12. Northeastern (35.4k): $87.7k / 148%
  13. BU (38.4k) : $91.1k / 137%
  14. Wellesley College (38k): $88.3.1k / 132.3%
  15. Mount Holyoke (39.1k): $89.6k / 129%
  16. Wheaton College (39.8k) : $83.4k / 109.5%
  17. Smith College (37.7k): $77.7k / 106%</p>

<p>Lesson #1: Education is the BEST investment you could ever make. Duh!
Lesson #2: State schools are among the best education investments. They beat out many elite private institutions in term of return for investment.</p>

<p>“Lesson #2: State schools are among the best education investments. They beat out many elite private institutions in term of return for investment.”</p>

<p>This is true, as you noted, is if you are paying full tuition. Personally, I don’t know anyone paying full tuition at Harvard, Williams, BC, Mount Holyoke, Northeastern or Wellesley. But the kids I do know who are going to an out-of-state public (none in MA) are paying full freight. That kind of changes the equation.</p>

<p>Good point. The list price at private colleges is kind of like the list price on a GM car (just a starting point). Anyone who pays full fare is either extremely rich or not a desirable student as perceived by the school or both.</p>