ROI Question
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Anonymous
I’m one of the PPs encouraging OP not to make her DD go to Towson. But I absolutely want to be sure to underscore that this is in no way meant to be a “Towson-bashing” thread or advice specifically against Towson. I believe you that it’s a fine school and a great experience for most kids who attend! The advice for OP is due to the fact that their child has determined that this is not the right school FOR HER and has already decided she will be miserable and “embarrassed” if they “make her” go there. (Is that a great attitude for OP’s DD to have? No. And it’s almost silly in the same way that it is a bit “spoiled” and arguably elitist from someone who has no right to be, given that she did it get admitted into the schools in her state that she clearly regards as “superior” and “non-embarrassing”….but OP and spouse are now faced with decision of whether they “make” DD go to Towson or allow her to go to more expensive OOS school.) I think they should allow her to go to OOS school primarily bc nothing good will come of sending her to Towson. Will not be good for her family relations, will not be good for her (bc she’s already decided it isn’t), and it won’t be good for Towson (bc you don’t need kids going there with a crappy attitude about going there)…but I still think Towson is a fine institution. |
Anonymous
How reliable is this data? University of Connecticut, Germanic Languages, Literatures, and Linguistics. - ROI - $1.7m James Madison, Business/Managerial Economics - $1.7m Seems off.. |
Anonymous
By choosing Towson and investing the difference - $48,000 at 8% per annum until the student turns 62 - the investment return ROI is $1,602,820. |
Anonymous
| That ROI chart is bumming me out. |
Anonymous
I think it's very misleading--and I haven't been able to find any thorough explanation of how they made data decisions, which is a red flag (If someone has found it--link please!). For just one small instance, is their estimation of "cost of attendance" based on an assumption of full pay--which many colleges would not have? |
Anonymous
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Anonymous
Something that was suggested to us is have your student review what a freshmen year would look like at each school. What is the curriculum, where do they live (type of dorms etc), what clubs would the be interested in joining? After the "ROI" knowing what you are getting into can make a difference to the experience. Also I believe its Kelley School of Business not Kelly. https://kelley.iu.edu/index.html |
Anonymous
| The ROI we used in making our decision started with - 1) can we afford to send our student if they have no scholarships (using COA) 2) What is the likely starting salary they might have when they graduate 3) What is the job placement rate of the school 4) Could we afford a 5 year if needed. Comparing the schools our student was accepted into using these rankings provided some clear winners. From there our student ranked interest in the schools and we got down to the top 2. |
Anonymous
I would look a little more carefully into how those numbers are generated and the assumptions built in before trusting the data if it's that influential on your thinking. |
Anonymous
That's actually a good thing for a lot of people here. Most other ROI type websites I've seen assume an average cost which does not apply to most of us here. |
Anonymous
| Geez. My kids picking the in state school whose campus she likes best. |
Anonymous
| Penn State! Strong alumni network. And have you ever met anyone who went there who did not love it? |
Anonymous
Sandusky's victims? |
Anonymous
Well, not at some schools that offer loads of merit aid etc. And then are they using in-state or out of state? The red flag is the lack of transparency at how you come up with some dollar amount ROI which is a pretty complex problem. |
Anonymous
If you’re too dumb and lazy to find their methodology (a simple google search) how will you make sense of any explanation they provide? And no it does not assume full pay. |