We’re all looking for the best bang for our buck, whether it’s purchasing a car, a home or your cell phone service plan. For many parents, one of life’s big ticket items is your child’s college tuition.
Tuition for public colleges is around $22,261 while private colleges averages $43,289 for the 2012-2013 academic year – and those figures a projecting to keep rising. With many graduating college nearly $100,000 in debt, you want to make sure you’re getting the most out of your college of choice.
AffordableCollegesOnline.org has done a sweep of universities and colleges across the country, ranking them in terms of lifetime return on investment. Nine Rhode Island colleges made the mark.
Despite having the highest tuition in the state, Brown University came out on top with the highest lifetime ROI with an average of $1.1 million made in salary over a lifetime.
1. Brown University, Providence
2. Bryant University, Smithfield
3. Providence College, Providence
4. University of Rhode Island (URI), Kingston
5. Roger Williams University, Bristol
6. Rhode Island College, Providence
7. Rhode Island School of Design, Providence
8. Salve Regina University, Newport
9. Johnson & Wales University, Providence