Search This Blog

De Omnibus Dubitandum - Lux Veritas

Tuesday, February 21, 2023

Is it always financially worthwhile to obtain a college degree?

Is it always financially worthwhile to obtain a four-year college degree?  Answer: no.

It depends on the return on investment (ROI).  The ROI is calculated by estimating the future earnings from the undergraduate degree less the costs of obtaining that degree, including the income lost while attending college or university to get the degree.  The future earnings from the degree will depend on the economic value of the degree.  Some degrees have much more economic value than others.

An Austin think-tank, the Foundation for Research on Equal Opportunity (FREOPP), has performed the herculean task of creating  a database of the ROI for 1,775 public and private universities and 30,000 bachelor's programs.  Want to know the highest-ROI major at Arizona State?  It's construction management, with a positive ROI of $1,035,357.  Want to know the worst at ASU?  It's a degree in music, with a return of minus $391,887.  Of the ten majors at New Mexico Highlands University, would you like to know the only one that has a positive ROI?  It's all here...............To Read More....

  • A Charter Academy Delivering a "Classical" Education Grows in Popularity, Frederick M. Hess - Great Hearts Academy launched, in 2001, with 130 students. Today, it operates 33 classical K-12 schools serving more than 25,000 students in Arizona and Texas. At a time when there’s a lot of interest in classic liberal arts school models, and with Great Hearts seeking to expand its offerings via pre-K and online offerings, it seemed like a good time to chat about their work with CEO Jay Heiler, who’s been on the board of Great Hearts since its founding and spent more than a decade as chair of the Arizona Charter Schools Association. Here’s what he had to say.............. 
  • Another reason for school choice, February 21, 2023 By Silvio Canto, Jr. The Texas legislature is debating school choice.  The arguments are not new.  The GOP wants to give parents choice and the Democrats say that it would destroy public schools. School choice is gaining because the public schools are not performing, as we see in failing schools in Baltimore, and some teachers are out of control.  Here’s an example of what I'm talking about.  This is another example of a teacher more concerned with his "understanding" of history than consulting or respecting the parents. ............

No comments:

Post a Comment