These 20 colleges give you the biggest bang for your buck

source
Spencer Pratt/ Getty

Payscale, a compensation data company, published it’s 2017 College Return on Investment report, naming the 20 best value colleges in the U.S.

Many of the schools specialize in science, technology, engineering, and math (STEM) programs. Additionally, the majority of these schools are located by the coasts, 10 of the top 20 schools are public, and some repeat in the list due to in-state and out-of-state tuition price differences.

The list shows that the important factors in education return on investment are: major, location, and debt burden. The company uses data from 54 million salary profiles, according to the company’s website.

Here are the top value colleges according to Payscale:


20. Rose-Hulman Institute of Technology (RHIT) (Private)

source
Rose-Hulman Institute of Technology/Facebook

20 year net ROI: $738,000

Total 4 year cost: $232,000

Graduation rate: 78%

Typical years to graduate: 4 years

AVG loan amount: $45,500

Source: Payscale


19. Kettering University (Private)

source
Bryan Duggan/Wikimedia

20 year net ROI: $743,000

Total 4 year cost: $208,000

Graduation rate: 57%

Typical years to graduate: 5 years

AVG loan amount: $41,700

Source: Payscale


18. Georgia Institute of Technology (Out-of-State)

source
Facebook/SchellerCollege

20 year net ROI: $746,000

Total 4 year cost: $174,000

Graduation rate: 82%

Typical years to graduate: 5 years

AVG loan amount: $31,700

Source: Payscale


17. Worcester Polytechnic Institute (WPI) (Private)

source
WorcecsterPolytechnicInstitute/Facebook

20 year net ROI: $752,000

Total 4 year cost: $235,000

Graduation rate: 85%

Typical years to graduate: 4 years

AVG loan amount: $43,000

Source: Payscale


16. Stanford University (Private)

source
Melia Robinson

20 year net ROI: $761,000

Total 4 year cost: $247,000

Graduation rate: 95%

Typical years to graduate: 4 years

AVG loan amount: $29,100

Source: Payscale


15. Princeton University (Private)

source
shutterstock

20 year net ROI: $764,000

Total 4 year cost: $231,000

Graduation rate: 97%

Typical years to graduate: 4 years

AVG loan amount: $14,100

Source: Payscale


14. Massachusetts Maritime Academy (In-State)

source
Massachusetts Maritime Academy

20 year net ROI: $773,000

Total 4 year cost: $89,900

Graduation rate: 70%

Typical years to graduate: 4 years

AVG loan amount: $32,000

Source: Payscale


13. California State University, Maritime (CSUM) (Out-of-State)

source
California State University Maritime Academy/Facebook

20 year net ROI: $781,000

Total 4 year cost: $131,000

Graduation rate: 54%

Typical years to graduate: 4 years

AVG loan amount: $30,600

Source: Payscale


12. Stevens Institute of Technology (Private)

source
Wikipedia

20 year net ROI: $800,000

Total 4 year cost: $244,000

Graduation rate: 82%

Typical years to graduate: 5 years

AVG loan amount: $45,800

Source: Payscale


11. Colorado School of Mines (Out-of-State)

source
Colorado School of Mines/Facebook

20 year net ROI: $818,000

Total 4 year cost: $188,000

Graduation rate: 76%

Typical years to graduate: 5 years

AVG loan amount: $33,400

Source: Payscale


10. Georgia Institute of Technology (In-State)

source
Via Flickr

20 year net ROI: $824,000

Total 4 year cost: $96,200

Graduation rate: 82%

Typical years to graduate: 5 years

AVG loan amount: $31,700

Source: Payscale


9. California State University, Maritime (CSUM) (In-State)

source
Bill Williams/flickr

20 year net ROI: $826,000

Total 4 year cost: $87,500

Graduation rate: 54%

Typical years to graduate: 4 years

AVG loan amount: $30,600

Source: Payscale


8. Webb Institute (Private)

source
Webb Institute Facebook

20 year net ROI: $854,000

Total 4 year cost: $209,000

Graduation rate: 91%

Typical years to graduate: 4 years

AVG loan amount: $25,200

Source: Payscale


7. SUNY – Maritime College (Out-of-State)

source
SUNY Maritime College/Facebook

20 year net ROI: $857,000

Total 4 year cost: $130,000

Graduation rate: 47%

Typical years to graduate: 5 years

AVG loan amount: $32,000

Source: Payscale


6. California Institute of Technology (Caltech) (Private)

source
Flickr/Butz.2013

20 year net ROI: $864,000

Total 4 year cost: $240,000

Graduation rate: 92%

Typical years to graduate: 4 years

AVG loan amount: $19,000

Source: Payscale


5. Colorado School of Mines (In-State)

caption
Colorado School of Mines students
source
Flickr/kenlund

20 year net ROI: $883,000

Total 4 year cost: $123,000

Graduation rate: 76%

Typical years to graduate: 5 years

AVG loan amount: $33,400

Source: Payscale


4. SUNY – Maritime College (In-State)

source
SUNY Maritime College/Facebook

20 year net ROI: $895,000

Total 4 year cost: $92,300

Graduation rate: 47%

Typical years to graduate: 5 years

AVG loan amount: $32,000

Source: Payscale


3. Massachusetts Institute of Technology (MIT) (Private)

source
Facebook/MITnews

20 year net ROI: $959,000

Total 4 year cost: $240,000

Graduation rate: 91%

Typical years to graduate: 4 years

AVG loan amount: $32,200

Source: Payscale


2. Harvey Mudd College (Private)

source
Flickr / CampusGrotto

20 year net ROI: $962,000

Total 4 year cost: $260,000

Graduation rate: 90%

Typical years to graduate: 4 years

AVG loan amount: $24,400

Source: Payscale


1. United State Merchant Marine Academy (USMMA) (Federal)

source
Spencer Pratt/ Getty

20 year net ROI: $1,056,000

Total 4 year cost: $33,100

Graduation rate: 72%

Typical years to graduate: 4 years

AVG loan amount: $12,300

Source: Payscale


SEE ALSO:

American workers in these 10 cities are most at risk of losing their job to a robot