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College and University Discussion
Reply to "Process for Comparing Offers"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How did you determine ROI? I have a sophomore in college. In hindsight, distance from home was more important than I could have predicted. I don't think it's true for every kid. Overall I don't regret the decision because the school met the thing highest on his priority list. I also have a senior in high school so going through it again. I'm not necessarily doing anything different because only time will tell if a decision was correct. I'm a bit more mindful this time of how many kids change majors even those who are 100% certain. [/quote] The ROI metric isn't perfect. We started with the Forbes' ranking of Best Colleges of 2025. Some people put no stock in the rankings, but I like the Forbes guide, which takes into account cost and earnings 10 years after college. We also looked at school data about internships, graduation rates within 4 years, % students in jobs related to their majors within 6 months. Then we looked at the job market, because some schools skewed more toward NYC, Boston, or Washington, and DD prefers Washington.[/quote] But earnings are so different based on major and Where you end up working. Of course Engineers in Boston or NYC or silicon valley make more than engineers in Baltimore or Nebraska [/quote] +1 based on my experience of working with and hiring people from all kinds of schools, I am confident that most of the outcome comes down to the choice of major/career field and how engaged the student chooses to be in college. Good colleges (thinking top 200ish, including universities and LACs) have plenty of opportunities. Some schools obviously have strengths in some areas and most tend to have students who end up working in the region of the college. Major + region = post grad salary much more than anything special about a particular school. [/quote] YUP! 99% of your success is what you do, not "where you do it". That is why it really does NOT matter where you go. Go to where you can afford, where you like it and will thrive and have the most opportunities to be cream of the crop. [/quote]
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