If You Didn't Get Into an Ivy League, a Public School Is a Better Investment
April 21, 2024
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0:55Now PlayingIf You Didn't Get Into an Ivy League, a Public School Is a Better Investment
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as posted by the channelAlmost everyone wants to go to an Ivy League school. But if you don’t get in — and most don’t — your next best option isn’t necessarily the most prestigious college that accepted you.
A Bloomberg News analysis of more than 1,500 nonprofit four-year colleges shows the return on investment at many elite private institutions outside the eight Ivies is no better than far-less selective public universities.
In fact, the typical 10-year return on investment of the so-called “Hidden Ivies” — a list of 63 top private colleges — is about 49% less than the official Ivies and 9% less than states’ most prominent universities, known as public flagships.
That’s according to ROI calculations provided by Georgetown University’s Center on Education and the Workforce, which relied on publicly available tuition and earnings data of graduates who accepted federal financial aid, meaning the analysis doesn’t include information on those who paid out of pocket.
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