STEM Schools Bring Students Best Return on Investment
- Catherine Groux for usnewsuniversitydirectory.com June 11th, 2013
- Source: http://www.usnewsuniversitydirectory.com/articles/stem-schools-bring-students-best-return-on-investm_13198.aspx#.Ub8O2s3D-pq
As the cost of college continues to rise, more students are interested in finding a school that will provide them with a solid return on investment (ROI). For this reason, Forbes creates its annual list of colleges with the best ROI, helping students see which schools could provide the best value.
This year, colleges that focus on science, technology, engineering and mathematics (STEM) reigned supreme on Forbes' list of schools with the best ROI. Taking the number one spot was California's Harvey Mudd College, a liberal arts school specializing in science, engineering and mathematics. Here, students see an average 30-year ROI of about $2.1 million with a bachelor's degree, and earn starting salaries of around $66,800 per year. The California Institute of Technology (Caltech) came in second place, offering students a 30-year ROI of almost $2 million and a typical starting salary of $67,400.
Other STEM schools that landed spots in Forbes' top 10 include the Polytechnic Institute of New York University, Massachusetts Institute of Technology and Stevens Institute of Technology.