Reply to Duke vs. UVA (In-State)?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Unless it's one of the top 5 (HYPMS) I would not be willing to pay $75K. Sure there is a tier of schools (Chicago, Northwest, Duke, Johns Hopkins, Berkeley, UPenn, ..., etc. come to mind) that I believe are more prestigious than UVA, but they are not worth that much a tuition difference compared to in-state UVA, if you are the one to pay in full and you are not the super rich.

If you could get a financial aid that makes the whole cost at those schools comparable to UVA, sure definitely pick those schools. Otherwise, need to think harder before you decide.
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Based on average net price and earnings, projected ROI for Duke (actually Net Present Value)  is significantly higher than UVA.  30 Year NPV rank is 26 for Duke ($1.327M) vs a rank of 128 and $0.981M for UVA.  This analysis was done by the Center for Education and the Workforce and is based on federal data.  https://cew.georgetown.edu/cew-reports/collegeroi/

The Center for Education and the Workforce also did analysis which compares actual earnings at colleges to expected earnings based on selectivity and the mix of majors of graduates (certain majors, like engineering, have significantly higher salaries, at least initially, than many other majors).  [b]In that study, median earnings for Duke graduates was $76,700 vs expected of $61,800, for a "value add" of $14,900.  UVA had median earnings of $58,600 vs expected of $61,000, for a value add of negative $2,400.[/b]

https://cew.georgetown.edu/publications/reports/page/2/

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Those are significant differences.  I wonder what accounts for it.[/quote]

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