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So does this mean that the mediocre and expensive private colleges end up paying off a lot more than state schools? (the "I" being higher and therefor the "R" b
by optforfon 10y ago
So does this mean that the mediocre and expensive private colleges end up paying off a lot more than state schools? (the "I" being higher and therefor the "R" being higher too)
That's deeply unsettling...
- mywittyname 10y agoThis was the takeaway that I had too. I'm surprised to see your comment is not at the top of this thread. If a more exclusive college (x-axis) is proportionally more expensive, then this graph suggests that everyone, regardless of field, is better off going to a more expensive college. Getting a 12% annualized return on a $100k private bachelors is better than getting the same return on a $30k public university education.