Reply to What’s the point of going to a top school if you end up in the same place as someone who didn’t

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[quote=Anonymous][quote=Anonymous]Bloomberg New analysis of more than 1,500 4-year colleges show the return on investment of private elite colleges outside of the 8 Ivies is no better than far-less selective colleges.

In fact, the hidden return on so-called "Hidden Ivies"- a list of 63 top private colleges--is about 49% less than the 8 official Ivies and 9% less than public flagships.

10-years out a private elite college is worth about $135,000 compared to $265,000 at one of the 8 Ivies.

At more than 140 public institutions, the majority of Applicants are able to return more than $135,00 for the typical student after 10 years. And public flagships have typical 10-year ROI of $148,000.[/quote]

ROI looks at the cost of college vs jobs obtained.  The Ivy schools all provide generous FA and nearly 50% receive it…Princeton it’s close to 70% because they are more generous.  Therefore the average net cost is very low and ROIs are the highest.

It’s also really a metric for parents who are often footing the bill or a kid who has to take on loans…so yes it’s important.

The WSJ looked at average salaries for grads of top privates and public’s for jobs in different industries.  With the exception of Berkeley which had the highest average salary for many jobs for publics, the #20 private had a higher average salary than the #2-20 public.

The differential was anywhere from $5 k to $30k (for the 20th public).

If the kid’s investment is $0 then the ROI from the top privates are still anywhere from higher to much higher.[/quote]

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