Negative rate of return on investment among American graduates
The results of new research in the United States show that the rate of return on investment is negative for more than 40% of graduate students. |
According to the international group Tasnim News Agency
In its latest research, the Equal Opportunity Research Foundation found that the rate of return on investment for more than 40 percent of graduate graduates is negative, and they are not earning well despite their higher education.
In this research, looking at the job earnings upon graduation and 10 years after, and considering factors such as the dropout rate, a bachelor’s degree has more financial value for people than has a master’s degree.
According to this research, more than three quarters equal to 77% of people with a bachelor’s degree have had a positive return on their investment. While only 57% of people with a master’s degree have had this type of return.
Accordingly, the field of study has a significant impact on the return. has capital The best college degrees for undergraduate education and return on investment include engineering, computer science, and nursing, while fine arts, education, and biological programs have the lowest return on investment.
Also, the average return on investment for someone with a bachelor’s degree is about $160,000, and in some special and high-paying fields, the average return on investment may be $500,000 or more. The fields of law, medicine and dentistry are the most profitable fields.
Preston Cooper, the author of this study, stated that while the rate of return on investment should not be the only factor Attention for students, the evaluations of this rate in this study can help students and their families make better decisions in higher education.
This research comes amid increased scrutiny of the cost of higher education. Undergraduate tuition at some universities can be as high as $95,000, while millions of Americans are saddled with hundreds of thousands of dollars in student loan debt.
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© | Webangah News Hub has translated this news from the source of Tasnim News Agency |