Choosing College Wisely: Comparative Earning Data as a Key Factor in Selecting Colleges and Majors.
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| Title: | Choosing College Wisely: Comparative Earning Data as a Key Factor in Selecting Colleges and Majors. |
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| Authors: | Levy, David, Graff, Harvey J. |
| Source: | Change. Jul/Aug2024, Vol. 56 Issue 4, p51-56. 6p. |
| Subjects: | Rate of return, Higher education, Scorecards, Price-earnings ratio, Net present value |
| Abstract: | The article focuses on the evaluation of different methodologies for assessing the return on investment (ROI) of higher education using data from the College Scorecard (CSC). It analyzes five distinct CSC-based systems that measure educational ROI by balancing college costs with graduates' earnings in various ways. It highlights how these methodologies differ in their approach to calculating ROI, such as the Price-to-Earnings Premium (PEP), median earnings benchmarks, and net present value. |
| Database: | Psychology and Behavioral Sciences Collection |
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| Abstract: | The article focuses on the evaluation of different methodologies for assessing the return on investment (ROI) of higher education using data from the College Scorecard (CSC). It analyzes five distinct CSC-based systems that measure educational ROI by balancing college costs with graduates' earnings in various ways. It highlights how these methodologies differ in their approach to calculating ROI, such as the Price-to-Earnings Premium (PEP), median earnings benchmarks, and net present value. |
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| ISSN: | 00091383 |
| DOI: | 10.1080/00091383.2024.2371796 |
