Emmy-nominated American Moring, CNN, weekdays, 6 ET.
PayScale.com did this amazing study that I want to bring to you right away this morning that shows you exactly what kind of investment a college education is. Think about the safest investment out there, right, the US Treasury bond. That investment is about 4.5%. Well, PayScale went through a list of 800 colleges and universities to tell you what kind of investment you get back for that college. Is your college worth it? The list goes everything from Black Hills, a state university in South Carolina, or South Dakota rather, sorry. Cost, overall cost is $67,000 and 4.6% return. And University of Kentucky, $84,000 is that four-year cost and 10% return on that investment. And then goes all the way up to MIT where the cost is $189,000 but you get 12.6% return. What do I mean by return? What I mean, when you look over the course of 30 years of working, how much more would you make than if you were just a high school graduate, you didnt graduate from there. In Black Hills $6900, the University of Kentucky $361,000, look at MIT, $1.6 million is the difference in your earnings over 30 years.
This study is so interesting because it shows us state universities and leading technical universities are the best bank for you buck. It also shows in the words of the Director of Quantitative Analysis there Al Lee that its almost infinite the return on your investment if you have financial aid, good financial aid and grants alike in some of these schools. And you look at, in some schools like MIT, Caltech, Harvard, Harvey Mudd, Dartmouth, Stanford, for example, some of them dont charge, there are caps on what they charge for families who make less than $200,000 a year. So this can be a really important investment and I think its our story to say right now because the class of 2010 is still competing with the class of 2009 and so some people are doubting this investment, but PayScale says its a valuable investment.
And its illuminated in your roman numeral today as well.
It is 4.7%. Youve heard me say this number before. 4.7% and this is the unemployment rate of someone with their bachelors degree. Now think of that, think of how, thats half almost...
Whats the overall unemployment rate? Its nearly 10%.
Its nearly 10%, right. So 4.7%, thats basically full employment if you have a college degree. Now we always talk about make sure, right now especially, make sure getting a degree in the right kind field, the kind field where you are gonna get a job. Engineers are getting jobs right now, so are economists, so are anybody, people in healthcare. Thats right.
So Im gonna twit this study, were gonna put it on amFIX. If you got a kid going to school you can find your school on here, find out what their return on investment is.
Thatll be fun.
Is a game just a game? 游戏只是游戏吗?
How to become a billionaire 如何成为亿万富翁
Bye bye Big Ben's bongs 与大本钟的钟声暂时告别
Going forward 从今往后
Can a lie-in make you healthier? 睡懒觉能让你更健康?
Bust a gut 拼了命地工作
Online Shopping 网上购物-英语点津
The last/final straw 忍无可忍,使人最终崩溃的一击
Like reality, only better? 喜欢现实, 只会更好?
Too much stuff 物质主义和简约主义
The university of life 生活经历
Off the hook 脱身
Closing the doors on paradise 为生态修复关闭旅游天堂岛屿
The future of English 未来的英语语言变化
A cashless society 无现金社会
Drama queen 小题大做的人
Pull something out of the hat 突施妙计
Pain in the neck 令人讨厌的事情或人
The daily commute 每天上下班
The good of gardening 园艺疗法益心养神
In defence of shyness 为害羞的人辩护
The problem with big brains 聪明大脑所带来的问题
It's on the cards 这件事十有八九会发生
To turn something upside down 把……翻个底朝天
You're pulling my leg! 你在愚弄我!
Mobiles at the movies 在电影院里玩手机
Are you ready for your exam? 考试,你准备好了吗?
One good turn deserves another 以德报德,礼尚往来
Old-school 老一套,老派
Brain training 如何训练大脑?
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