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[quote=Anonymous]CEW seems to be producing statistics in different ways.

As a previous poster mentioned, CEW seems to be iterating their method. However, those 3 iterations were from a 2015 report. In that report, CEW matched student ID numbers for those who received financial aid with their subsequent tax returns. Those are the results that the previous poster suggested should be adjusted for COL.

Most recently, the CEW published a database that shows ROI over 10, 15, 20, 30, and 40 years. However, for this report, CEW determined income in a different way. They got median earnings for a college's graduates at the 6, 8, and 10 year marks from College Scorecard, calculated a growth rate between these points and adapted their growth rate to generate earnings for years 1-5.

But, here's the big news:“For projections with a horizon greater than 10 years, we assume no growth in median earnings after 10 years. Because earnings actually tend to grow with age and then plateau, and workers who hold bachelor’s degrees experience faster earnings growth than those without a bachelor’s degree, our estimates of net present value can be assumed to be at the lower end of possible estimates.”

[b]Takeaway: If a school's graduates didn't post rapidly growing salaries in the first 10 years, the NPV projections are highly biased downwards. [/b]

The report acknowledges that it doesn't take into account location/COL effects. It also acknowledges other limitations and goals for future editions. Again, use these conclusions with caution!!!

You can see all this in Appendix A of this report. https://1gyhoq479ufd3yna29x7ubjn-wpengine.netdna-ssl.com/wp-content/uploads/College_ROI.pdf[/quote]

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