Anonymous wrote:We made a similar spreadsheet. DC broke down some of the categories. For example, there was campus size, aesthetic, ability to get around without a car, college town or lack there of, etc. DC focused on the things that would affect their day-to-day over 4 years.
Distance for them was about travel logistics. There may be tons of flights to the closest airport, but then the drive to college is 60-90 more minutes. It takes less time to get to a school in one mid-western city than it does to drive to one in our state, as another example.
We did include tuition, but had a low weighting.
Once DC filled if out, it helped support their gut feeling about which school was right for them. It also made it easier to release schools they liked without second guessing.
Anonymous wrote:My theory is, this is their first major decision and they have to feel good about it. It’s their life and I can give guidance, but ultimately it’s their decision, barring the financial stuff.
If they wanna base it on merch, they can, but I don’t think they’re really that stupid, and then they will have to live with the consequences of that decision and that’s OK.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:How did you determine ROI?
I have a sophomore in college. In hindsight, distance from home was more important than I could have predicted. I don't think it's true for every kid. Overall I don't regret the decision because the school met the thing highest on his priority list.
I also have a senior in high school so going through it again. I'm not necessarily doing anything different because only time will tell if a decision was correct. I'm a bit more mindful this time of how many kids change majors even those who are 100% certain.
The ROI metric isn't perfect. We started with the Forbes' ranking of Best Colleges of 2025. Some people put no stock in the rankings, but I like the Forbes guide, which takes into account cost and earnings 10 years after college. We also looked at school data about internships, graduation rates within 4 years, % students in jobs related to their majors within 6 months. Then we looked at the job market, because some schools skewed more toward NYC, Boston, or Washington, and DD prefers Washington.
But earnings are so different based on major and Where you end up working. Of course Engineers in Boston or NYC or silicon valley make more than engineers in Baltimore or Nebraska
+1 based on my experience of working with and hiring people from all kinds of schools, I am confident that most of the outcome comes down to the choice of major/career field and how engaged the student chooses to be in college. Good colleges (thinking top 200ish, including universities and LACs) have plenty of opportunities. Some schools obviously have strengths in some areas and most tend to have students who end up working in the region of the college. Major + region = post grad salary much more than anything special about a particular school.
It’s tough for non-science and tech kids. My dd is very pragmatic and wants to make money, but none of those high pay majors fit her. She is thinking accounting or law but with zero joy about it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:How did you determine ROI?
I have a sophomore in college. In hindsight, distance from home was more important than I could have predicted. I don't think it's true for every kid. Overall I don't regret the decision because the school met the thing highest on his priority list.
I also have a senior in high school so going through it again. I'm not necessarily doing anything different because only time will tell if a decision was correct. I'm a bit more mindful this time of how many kids change majors even those who are 100% certain.
The ROI metric isn't perfect. We started with the Forbes' ranking of Best Colleges of 2025. Some people put no stock in the rankings, but I like the Forbes guide, which takes into account cost and earnings 10 years after college. We also looked at school data about internships, graduation rates within 4 years, % students in jobs related to their majors within 6 months. Then we looked at the job market, because some schools skewed more toward NYC, Boston, or Washington, and DD prefers Washington.
But earnings are so different based on major and Where you end up working. Of course Engineers in Boston or NYC or silicon valley make more than engineers in Baltimore or Nebraska
+1 based on my experience of working with and hiring people from all kinds of schools, I am confident that most of the outcome comes down to the choice of major/career field and how engaged the student chooses to be in college. Good colleges (thinking top 200ish, including universities and LACs) have plenty of opportunities. Some schools obviously have strengths in some areas and most tend to have students who end up working in the region of the college. Major + region = post grad salary much more than anything special about a particular school.
Anonymous wrote:DD asked for my help coming up with a system to compare acceptance offers holistically the way colleges compare students. Together, we came up with a matrix that may be useful to others.
Factors: Academics, Outcomes/ROI, Cost, Student/Faculty Ratio, Major, Minor/ECs, Campus, Community, Distance
Importance/Weight: Very important (5), important (4), considered (3)
Scale: 1 (worst), 2, 3 (best)
Colleges: She received six offers
First, we (DD, DH, and DW) decided together on what factors to consider and then each of us weighted them slightly differently. For example, DD and I gave Student/Faculty Ratio a Very Important (5) but DH weighted it as Important (4). We all ranked Cost as Very Important and Distance (from home) as Considered. Other factors varied in importance.
Scores were also very different. We created a spreadsheet to compare. It was a great exercise to talk about priorities together and ensure everyone felt heard. In the end, we let DD choose and she felt really confident about her choice. DH and I also felt good about it, even though it was the most expensive option.
How are you comparing offers?