Lifetime College Payoff vs. Tuition

Discussion in 'Education and Academia' started by JohnR, Sep 25, 2013.

  1. JohnR

    JohnR Member+

    Jun 23, 2000
    Chicago, IL
    This is a damned good chart. Click on the link, you get a bigger picture, plus you can search for the dot that represents a given college.

    [​IMG]

    http://priceonomics.com/is-college-worth-it/

    P.S. The yellow dot on the bottom left is College of the Ozarks.
     
  2. Transparent_Human

    Oct 15, 2006
    Pale blue dot
    Club:
    Celtic FC
    Nat'l Team:
    Mauritius

    I know mine isn't going to pay off. I am fine with it.

    Sure having a lot of disposable income would be nice, but it wasn't really ever in the cards.
     
  3. bungadiri

    bungadiri Super Moderator
    Staff Member

    Jan 25, 2002
    Acnestia
    Nat'l Team:
    United States
    I wonder how different this chart would be from one that mapped the family incomes of the students as they started at these schools.
     
    Dr. Wankler repped this.
  4. Dr. Wankler

    Dr. Wankler Member+

    May 2, 2001
    The Electric City
    Club:
    Chicago Fire

    That would be unAmerican.
     
  5. NGV

    NGV Member+

    Sep 14, 1999
    Compared to which axis of the graph?

    Obviously there'd be a big link between school cost and family income. But for the payoff of college, the relationship might be less clear. Note that colleges like UMass-Lowell and South Dakota School of Mines seem to do very well in long term wage premium. And Sarah Lawrence and Reed are down near towards the bottom in that category - roughly comparable to places like Arkansas State and Austin Peay.
     
  6. bungadiri

    bungadiri Super Moderator
    Staff Member

    Jan 25, 2002
    Acnestia
    Nat'l Team:
    United States
    Oh, definitely. It might very well be less clear, but I'd be surprised if birth family income was not at least a decent predictor of the ultimate income of the progeny. It's just a guess, of course. But if true, it might provide a basis for questioning the relationship between school and earning, since the primary driver for both might be class.
     

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