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Study: For Nearly One-Third of Students, Higher Ed Doesn’t Pay Off

BestColleges

The median ROI for a bachelor's degree is $160,000. It estimates that 43% of master's degrees aren't worth the cost. Department of Education's College Scorecard , among other sources, the report estimates the ROI for 53,000 degree and certificate programs based on student cohorts from 2015-16 and 2016-17.

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Black Gen Z Students Less Likely to Believe They’ll Be Able to Afford College

BestColleges

Black students are, historically, less likely to be able to afford college and account for a disproportionate number of Pell Grant recipients and student loan borrowers. This leaves Black families and students more likely to need the assistance of grants and loans when it comes to funding their education.

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Is a Business Degree Worth It? Key Facts and Statistics

BestColleges

Data Summary Check The average annual salary for a bachelor's in business administration is $73,000. [1] 1] Check The median starting salary for 2021 graduates with a bachelor's in business was $57,190. [2] 3] Check Most careers in business and finance require at least a bachelor's degree. [4]

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How Much Does Grad School Cost?

BestColleges

Note Reference [1] Knowing the cost and value of a graduate degree can help you decide whether it is right for you. This report covers average graduate student loan amounts, average costs by institution type and degree program, and earning potential for graduates with advanced degrees.

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First-Generation College Students: Facts and Statistics

BestColleges

Data Summary Check Over one-third of undergraduates in a bachelor's degree program (about 37%) were first-generation college students in 2016. [1] Check Only 26% of first-generation college students went on to get their degree. [2] Check Only 26% of first-generation college students went on to get their degree. [2]

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How Do Most People Pay for College?

BestColleges

According to recent data from the Department of Education (ED), about 8 in 10 bachelor's degree students (82%) have had help from their parents to pay for college. [1]. 41% borrowed federal student loans. But most people rely on a combination of sources, including scholarships, student loans, and help from their parents.

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Rising Grad School Debt Is Decreasing Students’ ROI

BestColleges

Despite these rises, median earnings have mostly remained steady for graduate degree-holders since 2003, when adjusted for inflation. Ten years after graduating with their bachelor's degree, the average median earnings for any graduate degree-holder was $83,372 in 2003 and $83,778 in 2018 — only a $406 increase in 15 years.