Hey guys! I've seen a list highlighting the 50 colleges that reportedly pay off the least. Should I take this list seriously and cross these institutions off my list? Would love some perspectives!
While such lists can provide some useful insights, it's important not to let them drive your entire college search process. A college's return on investment (ROI) can depend heavily on the field of study, particular circumstances of the students, and their individual ambitions and career paths.
Remember that there are multiple ways to define what a "payoff" is: It could refer to monetary value in terms of starting salary after graduation, mid-career salary, or it could also refer to intangible benefits such as personal growth, development of soft skills, networking opportunities, and overall satisfaction with the college experience. Keep in mind that some careers inherently pay less than others—teaching or social work, for instance—regardless of where one earns the degree.
Moreover, some schools on the "least payoff" list might have impressive programs in specific areas. For example, an institution might be on that list yet have a phenomenal creative writing program that has produced successful, fulfilled authors. Bear in mind, the relative “payoff” for each individual can differ greatly.
Something else to consider is the financial aid scenario. If you can attend a prestigious institution on a generous financial aid package, it may be worth considering even if its ROI doesn't rank highly.
So rather than taking these lists at face value, use them as one more piece of information in your wider college research. It's a good practice to look at other factors too–such as course offerings, faculty credentials, campus culture, location, opportunities for internships or research, and your prospective major’s department resources–when making your college choice.
CollegeVine’s Q&A seeks to offer informed perspectives on commonly asked admissions questions. Every answer is refined and validated by our team of admissions experts to ensure it resonates with trusted knowledge in the field.