Report: WPI among leaders in tuition ROI
With the costs of college climbing, Worcester Polytechnic Institute students may be making a worthwhile investment before they graduate, according to a ranking by PayScale.com.
PayScale’s 2014 College Return on Investment report ranked WPI 18th out of 1,312 colleges and universities, with a 20-year net return on investment of $664,900 based on graduates’ net earnings over 20 years after receiving degrees, the school said in a statement.
“Although post-graduate earnings shouldn't be the only consideration when choosing a school, they should certainly play a part, especially when making choices about how much to borrow to fund your education.” Katie Bardaro, lead economist for PayScale, said in a statement. “Students need to know whether they’ll be able to pay off their loans effectively in the context of their chosen field.”
WPI was joined in the top 20 by four other New England schools: Massachusetts Institute of Technology (third, $831,100), Babson College (11th, $716,700), Massachusetts Maritime Academy (12th, $702,100), and Dartmouth College (17th, $666,000).
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