The choice of a college carries considerable weight, as it can significantly influence the trajectory of one’s future. When embarking on the evaluation of prospective higher education institutions, a critical factor to consider is the correlation between the investment made and the returns yielded. Opting for a college that doesn’t offer a commensurate return on investment can potentially lead to the accumulation of substantial student loan debt without proportional career prospects or avenues for advancement.
In the current competitive professional landscape, employers increasingly prioritize tangible competencies and experiential aptitude. Hence, the selection of a college that boasts robust academic programs and avenues for immersive learning, internships, networking, and professional growth assumes paramount importance. It’s worth noting that the institutions under consideration aren’t inherently substandard. Rather, the crux of the matter lies in astutely assessing whether the anticipated ROI substantiates the temporal and financial investments entailed.
Columbia International University
Columbia International University, situated in Columbia, South Carolina, carries an average price tag of $133,000 for a four-year degree. In comparison to the renowned Columbia University, the cost is notably lower. However, a stark disparity emerges when considering the return on investment (ROI) between the two institutions. According to PayScale, CIU’s ROI stands at -$115,700.
Mississippi Valley State University
Mississippi Valley State University boasts a prominent football team and a renowned marching band, with NFL star Jerry Rice among its notable alumni. Yet, the expenses amount to $75,000 for a four-year degree, accompanied by a troubling 20-year ROI of -$174,800. A considerable NFL salary would be needed to render the cost worthwhile.