From Harvey Mudd
It was a buzzword of the MBA crowd, a term of pride for the Wall Streeters in their go-go heyday. So here it is popping back up in a different setting and potentially exciting some schools, parents and alums, perhaps. ROI. There we said it. 'Return on investment.' If that fiscal measurement rings the chimes as an academic achievement, well, then, the folks in Pasadena and Claremont have an accolade to wear proudly. The whole concept turns on schools' costs, what grads will disclose as to what they really make and whether long projections of earnings accurately reflect reality. But based on data that an outfit called PayScale crunched, MIT grads get the best ROI, a calculated 12.6% return that could total a cool $1.9 million over 30 years; Caltech comes in close behind at 12.6%, too, but $1.64 million. The Mudders followed after Harvard, with the West Coasters racking up a 12.5% ROI and a $1.62 million return. As befitting an economic analysis of scholarly ROI, the Wall Street Journal succinctly says that if the measure matters most, be an in-state student attending a public school (9.8% average annualized ROI) or go to a private school (9.1%) but think hard about being an out-of-state student at a public school (8.4%). Data was amassed from 1.4 million graduates of 852 public and private institutions.
Caltech, Harvey Mudd score high on ranking by return on investment
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