The 15 Colleges That Offer The Worst Value For Your Money

kenneth faried morehead state

[credit provider=”AP” url=”AP”]

Colleges with the worst return on investment are small state schools in the southeast — especially for students paying out-of-state tuition.And the best investments are elite universities and tech schools.

This conclusion is based on new analysis from PayScale, which surveyed hundreds of thousands of full-time US employees with a bachelor’s degree.

PayScale projected the average future income of each school’s graduates. Then it compared the future income to the cost of the college’s tuition, to calculate the return on investment.

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[slide
permalink=”15-morehead-state-university-out-of-state-tuition-1″
title=”#15 Morehead State University (out-of-state tuition)”
content=”30-year net ROI: $53,780

Annual ROI: 5.5%

Total tuition cost (2010 graduates): $102,500

Source: Payscale
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[slide
permalink=”14-black-hills-state-university-out-of-state-tuition-2″
title=”#14 Black Hills State University (out-of-state tuition)”
content=”30-year net ROI: $52,400

Annual ROI: 5.7%

Total tuition cost (2010 graduates): $81,760

Source: Payscale
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[slide
permalink=”13-lee-university-3″
title=”#13 Lee University”
content=”30-year net ROI: $51,100

Annual ROI: 5.6%

Total tuition cost (2010 graduates): $89,680

Source: Payscale

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[slide
permalink=”12-norfolk-university-out-of-state-tuition-4″
title=”#12 Norfolk University (out-of-state tuition)”
content=”30-year net ROI: $51,020

Annual ROI: 5.1%

Total tuition cost (2010 graduates): $132,900

Source: Payscale
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[slide
permalink=”11-northeastern-state-university-out-of-state-tuition-5″
title=”#11 Northeastern State University (out-of-state tuition)”
content=”30-year net ROI: $48,960

Annual ROI: 5.6%

Total tuition cost (2010 graduates): $83,540

Source: Payscale
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[slide
permalink=”10-texas-southern-university-out-of-state-tuition-6″
title=”#10 Texas Southern University (out-of-state tuition)”
content=”30-year net ROI: $44,620

Annual ROI: 5.1%

Total tuition cost (2010 graduates): $125,400

Source: Payscale
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[slide
permalink=”9-grambling-state-university-out-of-state-tuition-7″
title=”#9 Grambling State University (out-of-state tuition)”
content=”30-year net ROI: $44,350

Annual ROI: 5.7%

Total tuition cost (2010 graduates): $92,410

Source: Payscale
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[slide
permalink=”8-cameron-university-out-of-state-tuition-8″
title=”#8 Cameron University (out-of-state tuition)”
content=”30-year net ROI: $39,650

Annual ROI: 5.2%

Total tuition cost (2010 graduates): $99,830

Source: Payscale
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[slide
permalink=”7-jackson-state-university-out-of-state-tuition-9″
title=”#7 Jackson State University (out-of-state tuition)”
content=”30-year net ROI: $39,020

Annual ROI: 5.0%

Total tuition cost (2010 graduates): $111,900

Source: Payscale
image=”http://static.businessinsider.com/image/4daf4349ccd1d52e6c0b0000″
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[slide
permalink=”6-fayetteville-state-university-out-of-state-tuition-10″
title=”#6 Fayetteville State University (out-of-state tuition)”
content=”30-year net ROI: $36,140

Annual ROI: 4.9%

Total tuition cost (2010 graduates): $107,000

Source: Payscale
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[slide
permalink=”5-university-of-arkansaslittle-rock-out-of-state-tuition-11″
title=”#5 University of Arkansas—Little Rock (out-of-state tuition)”
content=”30-year net ROI: $35,890

Annual ROI: 4.9%

Total tuition cost (2010 graduates): $127,200

Source: Payscale
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[slide
permalink=”4-chicago-state-university-out-of-state-tuition-12″
title=”#4 Chicago State University (out-of-state tuition)”
content=”30-year net ROI: $34,860

Annual ROI: 4.8%

Total tuition cost (2010 graduates): $130,700

Source: Payscale
image=”http://static.businessinsider.com/image/4daf3fe8ccd1d552670e0000″
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[slide
permalink=”3-davenport-university-13″
title=”#3 Davenport University”
content=”30-year net ROI: $27,790

Annual ROI: 4.8%

Total tuition cost (2010 graduates): $113,600

Source: Payscale



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[slide
permalink=”2-university-of-north-carolina-at-pembroke-out-of-state-tuition-14″
title=”#2 University of North Carolina at Pembroke (out-of-state tuition)”
content=”30-year net ROI: $22,500

Annual ROI: 4.6%

Total tuition cost (2010 graduates): $110,700

Source: Payscale
image=”http://static.businessinsider.com/image/4daf2460cadcbb1b3d0e0000″
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[slide
permalink=”1-shaw-university-15″
title=”#1 Shaw University”
content=”30-year net ROI: $15,480

Annual ROI: 4.5%

Total tuition cost (2010 graduates): $98,240

Source: Payscale

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[slide
permalink=”so-where-should-you-head-to-college-16″
title=”So, where should you head to college?”
content=”The 15 Colleges That Offer The Best Value For Your Money >
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