These 10 colleges pay off the most after 40 years. (via CNBCMakeIt)
economists used NPV to measure the value of a degree from thousands of colleges. This metric includes the cost of earning a degree from each school and how much graduates earn throughout their careers as well as how long it would take to invest and earn that money instead.
"Everyone is asking, 'Is college worth it?' and we set out to try to find an answer," said Dr. Anthony P. Carnevale, lead author and CEW director, in a statement. "Not only will it help students, but this kind of information on the costs and benefits of higher education holds institutions more accountable."
"Public colleges, where tuition is lower and students accumulate less debt, lead to better returns than private colleges at the 10-year horizon," the report reads. "But degrees from private nonprofit colleges typically have a higher return on investment when measured in the long-term. Even though students, on average, take out more than twice as much in loans to attend private colleges.
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