News for hackers. Stuff that matters.

A comment on ROI on a college degree depends what you study, not where.

Re:ROI on a college degree depends what you study, not where by incongruity on Wednesday May 04, 2016 @09:25AM (#11628127)
Do those ROI calculations include the cost of borrowing? I'd expect they don't - and if not, it means that most degrees are no longer worth it if you have to borrow a significant portion of the money.

With federal loans ranging between 6-8.5% (last I looked) it means that for the first 10-20 years, the government is the one capturing the gains from many people's college educations. There may well still be a positive ROI for some degrees but the loan picture means it comes on a much longer timeline, doesn't it?

[ Parent | on HN ]
Re:ROI on a college degree depends what you study, not where by roymurdock on Wednesday May 04, 2016 @10:00AM (#11628385)
They do. Here's the website that compiles the data:

http://www.payscale.com/college-roi

Average loan amount is factored into the ROI calculation.

[ Parent | on HN ]
Re:ROI on a college degree depends what you study, not where by incongruity on Wednesday May 04, 2016 @11:31AM (#11629045)
Awesome. Thanks for the pointer.

The concern is definitely still there for folks who take above average loan amounts.

[ Parent | on HN ]