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Analyzing ROI is interesting for a theoretical discussion but I think it doesn't make as much sense for the prospective student. Any analysis of education must
by im3w1l 2y ago
Analyzing ROI is interesting for a theoretical discussion but I think it doesn't make as much sense for the prospective student.
Any analysis of education must take into account the opportunity cost. But what is the opportunity cost? What would you have done instead? Maybe you would have worked. Maybe you would have gotten a different degree? Maybe a bootcamp? Maybe odd jobs while travelling the world? It's highly individual and variable.
So yeah I think the right perspective is to consider some scenarios - including how likely getting a job in the field is and what the pay would be if you got one - and then use that to make a decision.