It’s great to see that a large number of schools that we reference in this blog made it to Bloomberg BusinessWeek‘s new list of the top 25 “best bargain” universities, and hopefully this will be a shot in the arm to some of the smaller schools, such as the Colorado School of Mines (#1) and Missouri S&T (#13).
The story – “Cheap Schools That Pack an ROI Punch” – was prepared by Businessweek based on an analysis of earnings data for college graduates. The source data came from PayScale, a salary comparison and benchmarking service. Using this information, Businessweek calculated a 30-year net return on investment for more than 500 colleges and universities.
According to the publication, these schools “boast a 30-year net return on investment that ranges from about $600,000 to more than $1.1 million, an improvement of 56 percent to 187 percent over the average for the entire sample. All of them sport decent graduation rates, too – in most cases, well above the 58 percent average.”