Reply to What is the most overrated school popular among the dc metro area crowd?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you filter the CEW’s database for 4-year schools/not-for-profit/public schools and remove the specialized (maritime/technology/health) schools, here is the ranking of the top 10:

1.	UC Berkeley $1,383,000
2.	University of Michigan – Ann Arbor $1,364,000
3.	University of Maryland – College Park $1,330,000
4.	Virginia Tech - $1,313,000
5.	UCLA - $1,300,000
6.	University of Illinois – Urbana-Champaign $1,299,000
7.	Binghamton University $1,298,000
8.	University of Virginia – Main Campus $1,291,000
9.	University of Connecticut – Stamford $1,288,800
10.	University of Connecticut – Waterbury $1,283,000

Looks like you pick an in-state school and go with it. [/quote]

I'd argue that what you see in that list is largely schools with higher percentages of their alumni settling in areas with the highest cost of living:  San Francisco/Silicon Valley, New York, DC, Los Angeles, Chicago.  If you adjust for cost of living, I wonder what it would actually look like.  [/quote]

University of Texas NPV is $1,233,000.   Berkeley NPV is $1,383,000, which is about 12% higher. Cost of living index in Austin, Dallas, and Houston averages 154.  Cost of living index of San Francisco, Oakland, San Jose averages 221, which is 44% higher than the average of the Texas cities.  Given where the alumni of these schools settle, it doesn't look like the NPV ratings would hold up if you adjust for cost of living.[/quote]

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