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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][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] Why does Virginia Tech have higher ROI than UVA?[/quote] Mix of majors. VT’s undergraduate engineering enrollment is twice the share of UVA’s: 30% vs. 15%. These NPVs are highly misleading if you don’t understand how they’re calculated. They are impacted by mix of majors (technical and professional majors pay more), dominant location of alumni (big cities offer higher salaries), and average cost to attend (elite privates are boosted by lots of financial aid, which drives down average cost but may not reflect your cost). [/quote]
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