Credit: Huffington Post (View original article)
Newsflash: college is expensive, even at public universities. But there are some state schools that pay off more than others.
A new ranking released Wednesday from PayScale shows which colleges and universities — public, private, religious and secular — that have the best return on investment.
The Huffington Post sorted through the state schools to find out which taxpayer supported colleges are paying off the most for graduates.
Below is a ranking of the public colleges with the highest return on investment. The first number listed below each school photo is the weighted total cost for a graduate based on in-state tuition rates, and the second number is the 20-year net return on investment.
1: Colorado School of Mines
$114,200 — $783,400
2: Georgia Institute of Technology
$92,250 — $755,600
3: Massachusetts Maritime Academy
$96,560 — $702,100
4: South Dakota School of Mines & Technology
$90,330 — $664,400
5: Missouri University of Science and Technology (S&T)
$98,170 — $661,000
6: University of California, Berkeley
$133,900 — $654,400
7: California Polytechnic State University (CalPoly) – San Luis Obispo
$103,600 — $611,700
8: New Jersey Institute of Technology (NJIT)
$137,700 — $588,500
9: New Mexico Institute of Mining and Technology (New Mexico Tech)
$76,410 — $588,400
10: Texas A&M University – Main Campus
$91,040 — $566,700
11:Virginia Tech
$97,710 — $560,900