The graduation rate is only 32 percent with an annual cost of $23,000 for in-state students and $29,600 for out of state. At least the students there look like they’re having a good time, but with debt like that, the good times are not made to last. At only $75,000 for four years of school, which is the lowest on this list, it’s either boom in the NFL or bust everywhere else for these graduates. That tops the list, and if you haven’t noticed, that’s not good. 13. This is a college to stay away from until they get their act together. MECA has a very tiny population of artists, as they have less than 500 undergraduate students. The return on investment is a low $20,200. But perhaps the food drive is meant for the graduates of their school, who will pay a high for this list: $46,000 a year for tuition. The undergraduate population is just under 1,700. Yes, the scenery is beautiful at UMW. That’s why graduates from UMW can expect to get a -$71,400 return on their investment. FYI, that’s basically in the middle of nowhere, as the population of the town is less than 1,400 as of 2010. The joy of graduation is a wonderful feeling that these young ladies are no doubt enjoying. Every year, PayScale, a national wage analytics company, keeps schools honest by rating how well their students are doing by measuring their return on investment (ROI) 20 years after they graduated. Students leave with an average debt of $28,000 with an annual cost for attendance at $24,638. The school was established in 1990, so it hasn’t been around for very long. The University of South Carolina, Aiken was founded in 1961. The claim of eminent domain is invalid as it deals with the government’s ability to claim property, and it’s embarrassing that they would use the claim when it has nothing to do with the banned activities. Emory & Henry College is as old as they come, as it was founded over 180 years ago in 1836. Rust College is the second-oldest private college in all of Mississippi, as it was established in 1866. CBS News, "Graduates of these U.S. colleges … Read more background… The undergraduate population is just over 4,000. They’re a smaller school with just over 1,500 undergraduates. Don’t let the excited ice cream scooper below fool you, Brewton-Parker College in Mount Vernon, Georgia, is not exactly where you want to end up. 20 Colleges Well Worth the Money Mia Taylor – Contributor for The Simple Dollar Last Updated: March 20, 2019 Here’s a sobering statistic: Over 20 years, you’d earn a better return investing your college fund in the stock market than actually using it to attend most colleges in the United States. Now, male students can enjoy what female students have to endure, which is an -$86,700 return on investment. There are under 1,000 students at Cazenovia College, and the school likes to brag about its ability to teach them one-on-one. OK, we should’ve said, “Here come the bad parts.” At least it’s one of the cheapest schools on the list, but c’mon, how are these students supposed to make a living?! With this ridiculous price tag for an education comes the added terrible news that graduates will receive a -$77,700 return on investment. On the other hand, people who never went to college and those who never finished their college education like Bill Gates, Mark Zuckerberg, and David Geffen rot in wealth and millions. The Median starting income is $32,300 but the graduation rate is only 29 percent. For those who stay, the situation is not something to smile about. The median starting income for graduates who secure employment is $36,600 but the graduation rate is just 38 percent. The total cost of attendance for a bachelor’s degree is $72,400 and students amass a loan debt of $25,400 on average. Is College Worth the Cost? ] This serves as an indication that those who graduate are not able to make enough money to repay their educational loans. Students who attend Shaw University tend to borrow more money to complete their education, and will also enjoy a terrible return on their investment, with -$93,600 over their first 20 years post-college. This is the first college on our list to dip below $100,000 for the average cost to graduate, so props to Stillman there. Research into the relationship between college and alumni career success is important because surveys show that preparation for a meaningful, lucrative career is one of the main goals of college students. This paper looks not just at income but a better measure of economic success: net worth. Shaw University in Raleigh, North Carolina, is in a bit of a financial crisis as of December 2019, as it’s been recommended that they sell all nonessential real estate to avoid disaster. Emma Kerr Dec. 14, 2020. The only problem is the school hasn’t exactly been kind to their graduates, who will spend $156,000 to graduate. Their 2018 admission numbers tell a part of the story: There were only 419 students enrolled. ), but they also have the worst graduation rate, at only 17%. The private liberal arts school – the oldest in Southwest Virginia – costs about $179,000 over four years. National studies still show that getting a degree leads to higher wages, but not all universities and colleges are doing their part. It’s a private religious institution, and students who graduate with a degree from Nazarene Bible College must fight for the few teaching jobs for college instructors in the field of Philosophy, and many of these positions are offered to part-time adjunct professors who don’t qualify for full-time compensation and benefits. Why College Isn't Worth It, No Matter How Rich or Poor You Are ... while money was poured into college prep programs. The federal government did attempt a buoy: In the CARES relief package passed in March, Congress allocated about $14 billion for colleges and universities, though many have said that's not … This is because they stopped students for campaigning for Bernie Sanders when he was a presidential candidate. The girls netball team (think basketball, without a backboard), and the rest of the students at St. Andrews University in Laurinburg, North Carolina, are gonna need to be picked up from time to time. Miles College — Fairfield, Alabama Here are the 20 worst colleges in America based upon the information we’ve gathered from these analyses. It’s hard to imagine that it would last this long, given the fact that students who graduate are faced with a -$91,300 return on investment! The school just celebrated its centennial, and we hope they used to do better than giving their students a -$70,600 return on investment. Lindsey Wilson College was founded in Columbia, Kentucky in 1903 as a private institution with United Method Church affiliation. At Unity, the ROI for graduating is -$82,100, which is a difference of over $32,000 a year for 20 years. 30 universities that aren’t worth the money 1. The cost is around $16,000 per year, and the reputation of the college suffers from its graduation rate of a pitiful 6.2 percent, which makes employers hesitant to respect the degrees, and they’re likely to pass over graduates in favor of those who have their degrees from other colleges and universities. Mississippi Valley State University — Itta Bena, Mississippi 2. There are many students who attend this university on a part-time basis. As student loans hit the $1.5 trillion mark and more and more graduates are faced wi… Located in Fayetteville, North Carolina, this public institution is a smaller college with an enrollment of just under 5,400 students at the undergraduate level.
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