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Spellbreak pay off placement2/28/2023 ![]() That comparison may be the subject of a future report, Mr. ![]() (The new report doesn’t rank specific programs or majors by institution. Previous reports from Third Way examined the financial benefit of attending different educational institutions, while the latest report attempts to examine the economic return of specific programs or majors across colleges. Just 40 percent of for-profit programs show graduates recouping costs within 10 years, compared with 73 percent for public programs and 56 percent for private, nonprofit programs. Programs offered at for-profit colleges are the least likely to offer a good return on investment to their graduates, the report found. Programs at public institutions offered the highest likelihood that graduates would be able to recoup their investment within five to 10 years, the report found. The report found that most graduates of “the vast majority” of bachelor’s programs, regardless of the field of study, were likely to earn more than if they hadn’t enrolled. “The goal is not to come out the way you went in.” “It’s about exploring, learning, growing,” she said. The report found that almost two-thirds of the 26,000 bachelor’s degree programs in the study enabled a majority of their graduates to make enough money to recover their costs in 10 years or less after graduation.īachelor’s degree programs, which typically take four years, are generally more expensive but are most likely to show at least some return on investment - meaning graduates earn enough to pay off their college costs reasonably quickly - for those who complete a degree, compared with two-year associate degrees or shorter certificate programs. The report analyzed data collected for the federal Education Department’s “College Scorecard” tool to measure the “return on investment” offered by various higher education programs. The findings are part of a report on some 38,000 post-high school degree and certificate programs published this week by Third Way, a center-left public policy group. But that’s particularly true for some programs, while others may offer little economic advantage over a high school diploma. Most four-year degrees pay off by paving the way for graduates to recoup the cost of their education relatively quickly, a new analysis finds.
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