Today, we released our annual study with Bloomberg BusinessWeek on the return on investment (ROI) in education for 691 bachelor's degree granting schools.
As college costs continue to rise, the justification for paying these costs becomes ever more important. What better justification is there but a measure of their future payoff? In other words, is attending college a good investment in terms of the pay increase it offers over a high school degree?
The PayScale ROI study helps to answer this question, but the answer is not a simple yes or no. Whether attending college is a good investment or not depends upon many factors, such as the cost incurred, graduation rates at the school, major choice, and the typical pay of the school's graduates.
In this post I will briefly discuss the methodology of the study, how it changed from last year, and some key insights from the data.
Whether you went to college or not, are you earning what you are worth? Find out with a free PayScale salary report.