Michigan Tech Among 25 Universities With High Return on Investment
CNBC announced the 25 public colleges and universities that offer the highest return on investment (ROI), the expected 20-year earnings of graduates minus the cost of their education. The rankings, based on the latest data from Payscale.com, were reported by Yahoo Finance and other news outlets.
Michigan Tech ranked 14th, with a 20-year net ROI of $625,000, a total cost for four years of $107,000 and an average loan amount of $29,300.
Payscale draws its data from the approximately 1.3 million college-educated workers who successfully completed PayScale's employee survey over the past 10 years.
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