Schools
What RI Universities Are Better Investments?
A new study ranks RI's universities in terms of lifetime return on investment.
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.
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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.
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1. Brown University, Providence
ROI: $1,118,000
Tuition: $41,328
2. Bryant University, Smithfield
ROI: $847,900
Tuition: $34,288
3. Providence College, Providence
ROI: $832,300
Tuition: $40,150
4. University of Rhode Island (URI), Kingston
ROI: $714,000
Tuition: $9,824
5. Roger Williams University, Bristol
ROI: $483,500
Tuition: $28,968
6. Rhode Island College, Providence
ROI: $459,400
Tuition: $6,240
7. Rhode Island School of Design, Providence
ROI: $424,300
Tuition: $39,482
8. Salve Regina University, Newport
ROI: $383,900
Tuition: $32,500
9. Johnson & Wales University, Providence
ROI: $79,680
Tuition: $18,774
Learn more about AC Online’s methodology and rankings for other states and colleges here.
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