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College and University Discussion
Reply to "WSJ 2022 College Ranking"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's a list for asset-rich families with education trusts, where the kids are educated at expensive private schools from pre-school through graduate school. This list is appealing to a certain class of families. Literally, the list is meant to assuage rich people that they made the right choices for their kids by overpaying for USC, Wash U, Vandy, Duke, and JHU liberal arts and "business" degrees. [/quote] Maybe except for Duke, most of these schools have pretty mediocre career outcomes. The wealthy thrive on connections and financial security. But for those on financial aid or lower middle class families, going to these overpriced schools don’t really add much value to their career prospects as opposed to going to a public school... [/quote] Georgetown released it's 20 year ROI analysis of colleges in America, all of the schools you mentioned and a few others like Emory do very well and have better ROI than most public schools. Here's the link https://cew.georgetown.edu/cew-reports/collegeroi/ For example USC's 20 year ROI is $690,000 vs UCLAs $618,000. [/quote] 10% more isn't significantly higher. On the other hand, Stanford and Harvard both have a 20-year ROI of around 1 million. That's 50% more. Columbia, Penn, Yale, Duke, Princeton all have ROI of over $800,000, around 30% more than UCLA and Berkeley, the highest ranked public schools in the country. Vanderbilt, Johns Hopkins, UChicago all have similar ROI to Berkeley, which is $656,000. The difference is even lower. I could have spent that money going to UCLA or Berkeley instead, to be honest, and if I were in-state, going to Berkeley is really a no-brainer. [/quote] You're purposefully missing the point. Cost of attendance is taken into account in ROI, so if you can afford a private school, and all it's advantages like small classes and guidance you should go because the return on investment is the same if not better. Why suffer at overcrowded and dirty UC Berkeley of you don't have to? [/quote]
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