Attending a university in the United States is an investment. Some schools have high tuition, but their degrees carry significant value. Other schools may appear affordable, but their graduates' starting salaries often fall below the average.
The U.S. website Smart Asset has compiled a list of the 10 American universities with the best "return on investment" by comparing multiple indicators such as tuition, living expenses, scholarships, and graduates' starting salaries. Most of these are science and engineering-focused institutions.
1. Massachusetts Institute of Technology
Average Scholarship: $41,674
Average Starting Salary After Graduation: $81,500
Tuition: $46,704
Living Expenses: $16,546
Retention Rate: 98%
2. California Institute of Technology
Average Scholarship: $36,632
Average Starting Salary After Graduation: $78,800
Tuition: $45,390
Living Expenses: $18,081
Retention Rate: 98%
3. Stanford University
Average Scholarship: $47,782
Average Starting Salary After Graduation: $73,300
Tuition: $46,320
Living Expenses: $18,157
Retention Rate: 98%
4. Harvey Mudd College
Average Scholarship: $33,895
Average Starting Salary After Graduation: $81,000
Tuition: $50,649
Living Expenses: $18,706
Retention Rate: 98%
5. Princeton University
Average Scholarship: $44,128
Average Starting Salary After Graduation: $69,800
Tuition: $43,450
Living Expenses: $17,710
Retention Rate: 98%
6. Harvard University
Average Scholarship: $44,128
Average Starting Salary After Graduation: $69,800
Tuition: $43,450
Living Expenses: $17,710
Retention Rate: 98%
7. Georgia Institute of Technology-Main Campus
Average Scholarship: $12,274
Average Starting Salary After Graduation: $68,100
Tuition: $12,204
Living Expenses: $13,576
Retention Rate: 97%
8. SUNY Maritime College
Average Scholarship: $7,547
Average Starting Salary After Graduation: $71,600
Tuition: $7,809
Living Expenses: $16,516
Retention Rate: 85%
9. Yale University
Average Scholarship: $48,126
Average Starting Salary After Graduation: $66,800
Tuition: $47,600
Living Expenses: $18,845
Retention Rate: 99%
10. University of Pennsylvania
Average Scholarship: $43,856
Average Starting Salary After Graduation: $68,100
Tuition: $49,536
Living Expenses: $17,264
Retention Rate: 98%
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