Thursday, May 25, 2017

Educational Return on Investment

Today, more than ever, high school aged students need to carefully think through the ROI (Return on Investment) for the post secondary education options they may be considering. Right now trade jobs account for 54% of the labor market. 

Great Short Video by Mike Rowe

According to the National Center for Educational Statistics, the annual cost for tuition, fees, room and board for a a four year degree vs a two year degree in 1985 has more than doubled, while the annual cost for tuition, fees, room and board for a two year degree rose by 30%. 

National Center for Educational Statistics

Four year degree - $11,548 (1985) to $24,409 (2015)
Two year degree - $7,115 (1985) to $10,153 (2015)

The total average cost for a four year degree today is $97,636.

The total average cost for a two year degree today is $20,153.

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