ROI Analysis
Return On Investment (ROI) Analysis Research, Strategy & Tools:
“In the past, college was a ticket to a brighter future. Now, it’s a ticket to immense debt and an uncertain financial future for far too many students.* Student loan debt in the U.S. has now topped $1 trillion. According to the Federal Reserve Bank of New York, 44 percent of recent college graduates are underemployed — working in jobs that don’t require their degree — as of 2012.”
(https://www.payscale.com/college-roi )
Buyers Beware!"...workers with less education can often make more than workers with more education, and that higher levels of education do not always result in higher student loan payments."
"Students and parents, have you asked the college your investing into, “What are your school’s statistics over time relative to how many graduates are becoming full time employed in the field they are preparing for”?…You must analyze return on investment in everything you do to help avoid financial instability.
Furthermore, when analyzing return on investment in education investment after high school graduation, you must be able to answer additional questions including but not limited to:
1) What job does that degree qualify me to do?
2) What is the national average of wages for that job?
3) Is the career designated by the U.S. Department of Labor "Bright Outlook"? If not, please reconsider choices.
4) How much debt will I acquire to get that degree?
5) What is my degree’s ROI at my college over 20 years ?
6) Does that degree, college, and career aspiration make financial sense in my life plan… or do I need to reconsider my choices?
“Design Your Life” with intentionality and purpose like they teach at the Stanford Life Design Lab for more than 15 years now. Design Thinking!"