The value of a college education can be determined by many intangible factors: knowledge gained, opportunities seized and connections made. So can you really place a price on what you gained during your college years?
Well, PayScale has. The compensation information company ranked hundreds of U.S. colleges and universities on their total cost and alumni earnings. It calculated a 20-year return on investment by estimating what graduates will earn over two decades of work, minus what they would have earned as a high school graduate and the cost of college.
"With student loan debt over $1 trillion, we are surprised more parents and students aren't taking a closer look at the financial aspects of college education," said Lydia Frank, PayScale's editorial director.