Albany Ranked First In ROI Over Harvard And 4,500 Other Colleges
A Georgetown University report has Albany ranked First In ROI over 4,526 colleges and universities including Harvard and Georgetown. Institutions with the highest returns after 10 years yield $1 million, and sometimes $2 million, after 40 years, exceeding the median 40-year returns of private institutions.
Albany Ranked First In ROI After 40 Years
- Albany College of Pharmacy and Health Sciences
- St. Louis College of Pharmacy
- Massachusetts College of Pharmacy and Health Sciences
- Massachusetts Institute of Technology
- Stanford University
- Maine Maritime Academy
- Harvard University
- United States Merchant Marine Academy
- Babson College
- Georgetown University.
Here’s some more food for thought. For the Albany College of Pharmacy and Health Sciences, the 25th-75th percentile range of SAT scores is 1040-1240 and the acceptance rate is 69%.
The average annual cost for a family that earns less than $30k a year is $21,108, while a family earning $110k+ pays $32,700. The median income of former students (who received federal financial aid and were thus in the data) 10 years after entering school is $124,770.
Obviously, this is affected by the fact that most students are studying a health science, but it is significantly more accessible to those who didn’t get a perfect SAT score, excel in certain sports, or have alumni connections.
“Everyone is asking, ‘Is college worth it?,’” said Anthony Carnevale, the lead author and director of Georgetown’s Center on Education and the Workforce. “This kind of information on the costs and benefits of higher education holds institutions more accountable.”
Is College Really Worth It?
As you know here at Houredu.com we are huge advocates of understanding your “traditional college” alternatives.
Many students still don’t know about or see alternative options like coding school, or trade school, or certificate programs as profitable options. When in fact, there is tons of evidence to support this is not the case.
Through surveys on social media, we’ve found that many trade school graduates make upwards of $150,000 a year in professions like welding and electricity. Additionally, many trade school graduates start their own businesses and are able to bring in millions every year.
We’re approaching the year 2020 and today’s youth have access to more information than ever before. They are learning from the older generations’ mistakes like the millennials who went broke and are currently in massive debt from college. A
But it’s not so black and white, it’s not one VS the other. It’s about which educational structure fits your goals, needs, and learning style. We encourage you to explore your options and that’s why our tag line has been “college options you never knew existed”