Many historically black colleges and universities (HBCUs) rank low when it comes to measuring their students’ return on investment (ROI) 20 years after they graduated.
A recent such list was released by Finance 101 ranking the top 30 institutions that aren’t worth the money.
Mississippi Valley State University (MVSU), an HBCU, ranked No.1 among the worst colleges that have the lowest return on investments. The school graduates will have to face a negative return on investment of $174,800 over the next 20 years.
“National studies still show that getting a degree leads to higher wages, but not all universities and colleges are doing their part,” Finance 101 said in a release.
Alabama based Miles Colleges, an HBCU institution ranked second-highest on the list of worst schools for return on investment, with a -$164,600 ROI. It has the worst graduation rate, at only 17 percent.
The graduates at Talladega College, another HBCU are looking at a -$156,900 return on investment over the next 20 years, which is the fifth-lowest for a higher education institution in the nation.
Other HBCUs that figured in the top 30 list are Voorhees College, Claflin University, Morris College, Benedict College, Rust College, Paine College, Shaw University, Stillman College and Saint Augustine’s University.
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