There are many different ways to evaluate the return on investment in various education levels and for many of these methods it is very difficult to pinpoint an exact comparison because of the many variables that go into making a comprehensive ROI analysis. However, there are some things that you can do in order to make yourself objectively sure that choosing the right college or university will yield the highest return on investment possible. To start with, let us take a look at what exactly returns on investment are all about and how they are influenced by a person’s decision making process.
ROI is basically the statistical representation of a certain investment: In this case, of course, we are talking about the investment in your education. One of the more reliable statistical indicators of the effectiveness of a particular educational system is its national average student-to-teacher ratio, which are easily influenced by various factors such as the average class size and length of each semester, the availability of various course choices, and the state of the overall economy. In a nutshell, the National Center for Education Statistics (NCES) found that the national average of student-to-teacher ratios of 0.7 is indicative of a successful and efficient educational system.
Now, if you want to find out which education level has the highest return on investment: Then you will also want to pay close attention to the earning potential of a particular student. In general, bachelor degree holders have the highest earning potential, but only 20% of them actually earn it. More interesting data shows that bachelor degree holders are less likely to be employed full-time than those who have just entered the workforce. So, if you think a bachelor degree is worth it, then you may also want to consider the possibility of earning additional income while you are still in school.
Earning a four year college
Degree is also more costly than earning a two-year associate degree or a bachelor’s degree. However, these results only confirm that earning a bachelor’s degree is a more worthy option compared to other education level programs. Most students choose to earn their four-year degree because it is a long-term goal. Students who chose to get their four-year college degree should also be prepared to earn another four years in order to earn their master’s degree or higher degree.
Once a decision is made to go back to school: It is important to consider which degree is most beneficial to you. Keep in mind that earning a four year degree or a bachelor’s degree takes four years, regardless of whether you get an associates, bachelor’s, or high school diploma. Students who were unable to attend a traditional school during their early years now have the opportunity to earn an online bachelor’s or associates degree. It is now feasible for many working adults to attend college full-time and take advantage of financial aid offered through colleges and universities. Although an online bachelor’s or associates degree will not allow one to advance in the career field immediately, getting additional education could help a student down the road.
For working adults with family and jobs to support: Getting a bachelor’s degree or a college graduate degree can help substantially increase the amount of money that they can potentially earn throughout their lifetime. Earning a bachelor’s or a master’s degree can help a student improve their salary and increase their earning potential once they start out in the workforce. A higher education level generally leads to a higher salary as well as greater job satisfaction.
This is why students who wish to further their education should choose which education level has the highest return on investment.