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Harvard University has the best ROI for Ivy League students, according to brand-new research comparing the cost of attendance to the average graduate salaries.
A-List Education — a leading university admissions consultancy based in London — has calculated the possible profitability of all eight private universities in the Northeastern United States.
Ranking in the top spot, Harvard University has the highest Return on Investment (ROI) of 9.67%. The estimated yearly attendance cost totals £69,359 ($87,450), amounting to £277,437 ($349,800) across four years, while the average starting salary for graduates is an impressive £72,730 ($91,700).
Incorporating a 3% salary increase each year (the US average), this annual income accumulates to £304,276 ($383,639) over four years and a high profit of £26,839 ($33,839).
Alison Bissell, the Director of A-List Education, said: “Ivy League universities offer incredible life experiences and access to a first-rate education from world-class faculty members. However, the cost is undoubtedly an important consideration for university applicants, particularly international students who may not have access to the same funding opportunities.
“Some students might assess their university options with their current financial situation in mind, or the possibility of what it could do for their future earning potential.
“There’s no denying the high cost of a US university education, particularly the Ivies, but it’s an extremely valuable investment that can widen the net of career opportunities. Although international students have reduced options in terms of funding, we often surprise families by sharing information about more scholarship opportunities and recruitment funding than they were expecting.
“We always work with families to find the best-fit university options, and every student’s priorities are different. One framework we can apply to the university shortlisting process is financial need and the concept of return on investment if that’s a priority.”
Dartmouth College follows in second place, having an ROI of 9.52%! The university’s estimated yearly attendance cost stands at £69,631 ($87,793), around £278,525 ($351,172) over four years, and the median starting graduate salary is estimated at £70,589 ($89,000) — £305,047 ($384,611) across four years.
In third place, Princeton University has a predicted 7.53% ROI, based on an estimated £68,764 ($86,700) yearly attendance cost, and a £70,703 ($89,144) median graduate starting salary.
You can find out the ROI of all eight Ivy League Universities here: https://alisteducation.co.uk/blog/roi-ivy-league-universities
Many US universities offer financial aid, including need-based aid, based on a student’s financial need, and merit-based scholarships that reward a student’s academic and/or extracurricular achievements. Students can learn more about financial aid here.