What College Offers the Best Return on Investment? The Answer Is Still Elusive

By Jonah Newman. Harvey Mudd College, a small, STEM-focused, liberal-arts institution in Southern California, is the college with the highest “return on investment,” as determined by PayScale’s annual “College ROI Report,” released on Tuesday. Just like last year. And just like last year, that ranking isn’t as meaningful as you might think. As we discussed in a previous blog post, PayScale’s annual ROI rankings fall victim to some of the pitfalls of calculating the value of a college degree based on future earnings alone. More...