As we start wrapping up the current school year, rising seniors will look forward to (or put off) filling out college applications this fall. And while choosing the right education has layers and layers of variables, Bloomberg’s Best Colleges for Return on Investment is, at the very least, thought-provoking.
The best return on investment for Georgia? Georgia Tech, at $79,140 total cost for in-state education and $157,600 out-of-state.
Bear in mind that this article focuses on how much money a graduate will make for the amount spent. It doesn’t take into account where family allegiances lie, what your family can actually afford or which colleges are geographically desirable for your student.
It also means you might not see colleges mentioned with excellent degrees in traditionally lower-paying professions. If you’re a follow-your-passion kind of person, the (financial) return on investment won’t mean much to you.
Which schools do you think have the best ROI? What are the important factors in your student’s college decision?
– By Lauren Davidson, Atlanta Bargain Hunter