Student loan debt is surging, propelled by soaring tuition costs and college fees. So PayScale.com answers the question: Which institutions have the best return on investment?
The average high school graduate earns about $1.2 million in 34 to 36 years of work, PayScale found. But a college education can more than double that amount.
Deciding which college to attend can make all the difference in your lifetime earning potential.
Engineering and research universities offer the best return on investment, or ROI, the site found.
PayScale evaluated over 1,000 colleges and universities across the United States, comparing tuition costs to median alumni lifetime earnings.
“These are the schools that came out on top for helping you earn back your tuition and then some,” PayScale said.
Here’s a quick rundown of the top five schools, all of them prominent in engineering fields: