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Students “Just Say No” to America’s Top Colleges. Here’s Why

The quick answer: it’s about the ROIAt least according to this article in The Week, which is trending at the moment.

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So, it seems the trend continuesStudents and parents are spending more time digging around the financials and thinking ROI when it comes time to select a college. That’s a smart move in my opinion. Like the article points out, often it is more about the student’s major, than it is about the institution, when it comes time to getting a job and the salary that job pays.

A good rule of thumb: don’t acquire more college debt than a profession’s first year salary. College is still more than worth it when it comes to lifetime annual salary. A degree has also been an effective buffer during a weak economy. Those with degrees had roughly half of the level of unemployment than those with only a high school diploma.

So, yes. Think ROI. Plan, investigate, calculate. When it comes time to select a college, make sure those numbers add up.

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