Choosing a college is a significant decision that can have a long-lasting impact on one’s future. When considering higher education options, it is essential to evaluate the return on investment (ROI) of each institution. Opting for a college with a poor ROI, where the benefits of education are not proportionate to the financial investment, is simply not worth it. Attending such a college could result in excessive student loan debt without adequate job prospects or career advancement opportunities, while leaving you in crippling student loan debt.
In today’s competitive job market, employers increasingly value practical skills and relevant experience, making it crucial to choose a college that offers strong academic programs and opportunities for internships, networking, and professional development. By no means are the following colleges institutions that are bad, however, it is essential to evaluate whether the ROI it worth your money and time.
Columbia International University
Columbia International University, located in Columbia, South Carolina, and with an average cost of $133,000 for a four year degree, it is much less than attending the other Columbia University. However there’s no comparison between the two schools’ ROIs. According to PayScale, the ROI for CIU is -$115,700.
Mississippi Valley State University
Mississippi Valley State University has a well known football team and renowned marching band, even boasting NFL star Jerry Rice as one of their team’s alums. However, with a cost of $75,000 for a four year degree and a 20 year ROI of -$174,800, you really do need an NFL salary to make the cost worth it.