Schools

Which RI College Best Bang for Buck?

A new study ranks RI's universities in terms of lifetime return on investment.

We’re all looking for the best bang for our buck, whether it’s purchasing a car, a home or your cell phone service plan. For many parents, one of life’s big ticket items is your child’s college tuition.

Tuition for public colleges is around $22,261 while private colleges averages $43,289 for the 2012-2013 academic year  – and those figures a projecting to keep rising. With many graduating college nearly $100,000 in debt, you want to make sure you’re getting the most out of your college of choice.

AffordableCollegesOnline.org has done a sweep of universities and colleges across the country, ranking them in terms of lifetime return on investment. Nine Rhode Island colleges made the mark.

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Despite having the highest tuition in the state, Brown University came out on top with the highest lifetime ROI with an average of $1.1 million made in salary over a lifetime. 

1. Brown University, Providence

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ROI: $1,118,000

Tuition: $41,328

2. Bryant University, Smithfield

ROI: $847,900

Tuition: $34,288

3. Providence College, Providence

ROI: $832,300

Tuition: $40,150

4. University of Rhode Island (URI), Kingston

ROI: $714,000

Tuition: $9,824

5. Roger Williams University, Bristol

ROI: $483,500

Tuition: $28,968

6.  Rhode Island College, Providence

ROI: $459,400

Tuition: $6,240 

7. Rhode Island School of Design, Providence

ROI: $424,300

Tuition: $39,482

8. Salve Regina University, Newport

ROI: $383,900

Tuition: $32,500

9. Johnson & Wales University, Providence

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