In Progress

1) Program & Degree Strategy (Before / Early in School)

Cost vs ROI decision-making

Don't just look at the price tag, look at the Return on Investment (ROI). A $100k degree from a private school is a bad deal if the average starting salary is $60k. A $40k state school degree with an $80k starting salary is a home run. Factor in the cost of living in that city—$2,000 in rent in NYC is very different from $800 in rent in Indiana.

Don't just look at the price tag, look at the Return on Investment (ROI).

If a compliance system costs $10,000 (Cost) but prevents a $100,000 fine from a body like the SEC or OSHA (Risk), the ROI is calculated on the losses avoided, not just revenue generated.
A $100k degree from a private school is a bad deal if the average starting salary is $60k. A $40k state school degree with an $80k starting salary is a home run. Factor in the cost of living in that city—$2,000 in rent in NYC is very different from $800 in rent in Indiana.
In the USA, you don't just ask How much does it cost? You ask: "What is the cost of NOT doing it?" Between the IRS (taxes), the Department of Labor (workers), and the SEC/FTC (business conduct), the Return on your investment is often the peace of mind that you won't be shut down by a federal agency or sued into oblivion by a class-action law firm.

Free Resource: Calculating Your Education ROI (Tool)

Resources

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