http://www.forbes.com/sites/susanadams/2014/04/10/25-colleges-with-the-best-return-on-investment-for-2014/
PayScale recently released its annual list of more than 1,200 schools measured purely by the 20-year return on investment (ROI) for Bachelor’s degrees. The site also tracks typical starting salaries for graduates of most of these schools.
The list is informative, if not surprising. The three schools at the top are elite private institutions that emphasize technology and engineering. No. 1: Harvey Mudd College in Claremont, CA, a school with just 783 undergraduates that is part of the five-college consortium that includes Pomona and Claremont-McKenna. According to PayScale, Harvey Mudd’s annual ROI is 8.8%, for a total return of $980,900 over 20 years. Harvey Mudd ranks at No. 52 on the Forbes list. A typical starting salary for a Harvey Mudd grad, according to PayScale: $73,300.
In second place is California Institute of Technology, known as Caltech, a research university in Pasadena, CA with 997 undergraduates, which many consider the west coast rival of the Massachusetts Institute of Technology. The 20-year ROI at Caltech is 8.3%, or $837,600. It ranks high on Forbes’ list as well, at No. 18. A typical starting salary for a Caltech grad: $68,400.
Right behind Caltech is MIT, with an ROI of 8.2%, or $831,100. MIT is high up on the Forbes list too, at No. 10. Its undergraduate enrollment, at 4,528, is much larger than Harvey Mudd’s and Caltech’s, and it has the longest pedigree. Founded in 1861, it has produced 78 Nobel Laureates, 53 National Medal of Science winners, and 41 MacArthur “genius” Fellows. A typical starting salary for an MIT grad: $68,600.
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