Philadelphia Inquirer, August, 3 2010
A recently released study graded institutions of higher education by “return on investment,” taking the college rankings game to a new low.
Return on investment, or “ROI,” is calculated by dividing an investment’s proceeds by its cost, yielding a percentage or ratio. Sounds reasonable: How nice for high school students to be able to compare, in dollars and cents, the long-term payoffs of investments in colleges they’re applying to.