Anonymous
02/01/2024 20:50
Subject: ROI Question
I would not send my child to college she is against if she had a better option acceptance, in her eyes, that I could afford and let her apply to.
Indiana is great for business btw
And if she feels invested in where she is going she will do better there imo.
Indiana is great for business btw
And if she feels invested in where she is going she will do better there imo.
Anonymous
02/01/2024 17:48
Subject: ROI Question
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:That ROI chart is bumming me out.
I think it's very misleading--and I haven't been able to find any thorough explanation of how they made data decisions, which is a red flag (If someone has found it--link please!). For just one small instance, is their estimation of "cost of attendance" based on an assumption of full pay--which many colleges would not have?
That's actually a good thing for a lot of people here. Most other ROI type websites I've seen assume an average cost which does not apply to most of us here.
Well, not at some schools that offer loads of merit aid etc. And then are they using in-state or out of state? The red flag is the lack of transparency at how you come up with some dollar amount ROI which is a pretty complex problem.
It’s… totally explained if you just have the wit to look it up.
Where's the link on the page--I like to see that pretty visible on any data file---otherwise I find it a red flag that they just want you to mainly believe their numbers rather than understand them. Did I miss the link on the page? Or do you have to go digging.
Anonymous
02/01/2024 17:45
Subject: ROI Question
Anonymous wrote:DD did not get admitted into our state flagship (UMD). Her state backup is Towson.
DH and I are disagreeing about what is her better option long term and I am curious what DCUM has to say!
With that said, would you rather...
1) Attend the in-state school for the cost savings
2) Attend an out-of-state flagship for approximately 12,000 more annually (school is unknown- there are many choices including Indiana- Kelly direct admit, Wisconsin, Penn State- UP, Ohio State, South Carolina, Clemson)
The degree is business- though she is not sure what area.
Would a state flagship's ROI be substantial enough to offset the cost difference? The $12,000 annually is not a deal breaker for us, but will also be felt at home.
Also, our daughter is adamantly against Towson and feels it is embarrassing, so you can guess which direction she is going in!
What say you DCUM?
What was her gpa etc. surprised about maryland if into some of the others.
Anonymous
02/01/2024 17:44
Subject: ROI Question
Did she get into wisconsin?
I say Indiana.
I say Indiana.
Anonymous
02/01/2024 14:50
Subject: ROI Question
Clemson isn't the flagship in South Carolina. I don't know if flagship status is really critical to you, but just be aware of your phrasing. Maybe you simply mean "large out-of-state public".
This is no hate on Clemson -- I also think it is a better school than South Carolina, but I know others disagree.
This is no hate on Clemson -- I also think it is a better school than South Carolina, but I know others disagree.
Anonymous
02/01/2024 14:45
Subject: ROI Question
Again, if the ROI website does not consider opportunity cost of investing the difference, does it matter?
For us, the extra $10 to $12k per year over 4 - 5 years could be invested to help with down payment on a first place or a contribution toward grad school if that comes into the picture later.
PPs who say the child will basically shut down and not put forward any effort and drop out because they are embarrassed they are at Towson vs. a bigger brand name- are you serious? That situation stems from a different one, the root being a very spoiled child.
For us, the extra $10 to $12k per year over 4 - 5 years could be invested to help with down payment on a first place or a contribution toward grad school if that comes into the picture later.
PPs who say the child will basically shut down and not put forward any effort and drop out because they are embarrassed they are at Towson vs. a bigger brand name- are you serious? That situation stems from a different one, the root being a very spoiled child.
Anonymous
02/01/2024 14:44
Subject: ROI Question
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:That ROI chart is bumming me out.
I think it's very misleading--and I haven't been able to find any thorough explanation of how they made data decisions, which is a red flag (If someone has found it--link please!). For just one small instance, is their estimation of "cost of attendance" based on an assumption of full pay--which many colleges would not have?
That's actually a good thing for a lot of people here. Most other ROI type websites I've seen assume an average cost which does not apply to most of us here.
Well, not at some schools that offer loads of merit aid etc. And then are they using in-state or out of state? The red flag is the lack of transparency at how you come up with some dollar amount ROI which is a pretty complex problem.
It’s… totally explained if you just have the wit to look it up.