TL;DR

California Institute of Technology tops EDsmart Data's 10-year ROI list at $754,420: median earnings in years 6–10 after enrolling, minus the full net price of a degree. The median bachelor's-granting college returns $177,298. 5 of the top 25 are public universities.

Key Facts

  • #1 for 10-year ROI: California Institute of Technology ($754,420)
  • 25th place ROI: $380,954
  • Median bachelor's college ROI: $177,298
  • Public universities in the top 25: 5

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Top 25 colleges by 10-year return on investment

Engineering-heavy schools dominate

Our analysis finds the top 25 colleges return at least $380,954 over 10 years, 115% more than the median bachelor's-granting college.

— Evidence from EDsmart Data analysis

Bachelor's-predominant colleges with at least 500 undergraduates.

Top 25 colleges for ROI in the U.S.

Top 25 colleges for ROI in the U.S.
Rank · CollegeStateType10-year ROINet price / yrEarnings (10 yrs after entry)
1. California Institute of TechnologyCAPrivate nonprofit$754,420$8,509$166,642
2. Massachusetts Institute of TechnologyMAPrivate nonprofit$660,960$14,815$152,553
3. Stanford UniversityCAPrivate nonprofit$541,500$12,307$125,340
4. Princeton UniversityNJPrivate nonprofit$527,702$7,815$133,523
5. Harvey Mudd CollegeCAPrivate nonprofit$514,302$39,347$164,248
6. United States Merchant Marine AcademyNYPublic$497,792$1,516$103,283
7. Georgia Institute of Technology-Main CampusGAPublic$469,585$12,028$114,210
8. Yale UniversityCTPrivate nonprofit$464,556$11,340$118,356
9. Harvard UniversityMAPrivate nonprofit$446,810$19,148$121,957
10. Columbia University in the City of New YorkNYPrivate nonprofit$437,014$15,370$109,430
11. Babson CollegeMAPrivate nonprofit$428,684$34,096$138,950
12. Claremont McKenna CollegeCAPrivate nonprofit$427,256$26,039$127,532
13. Carnegie Mellon UniversityPAPrivate nonprofit$422,914$35,780$125,257
14. Cal Poly Maritime AcademyCAPublic$408,474$17,793$105,475
15. University of PennsylvaniaPAPrivate nonprofit$403,484$29,577$121,687
16. Duke UniversityNCPrivate nonprofit$402,414$23,706$113,937
17. University of Notre DameINPrivate nonprofit$396,285$25,339$113,124
18. Rice UniversityTXPrivate nonprofit$395,780$11,164$90,773
19. Johns Hopkins UniversityMDPrivate nonprofit$392,748$18,431$104,590
20. Dartmouth CollegeNHPrivate nonprofit$392,670$26,707$111,162
21. Lehigh UniversityPAPrivate nonprofit$392,176$25,272$116,342
22. Florida Polytechnic UniversityFLPublic$389,934$11,278—
23. University of ChicagoILPrivate nonprofit$386,894$16,776$103,872
24. University of California-BerkeleyCAPublic$381,926$14,538$100,212
25. Williams CollegeMAPrivate nonprofit$380,954$15,157$95,954

Median 10-year ROI by college type

Public colleges deliver the best typical return

At the median, public colleges return $200,164, versus $161,476 for private nonprofits and $123,621 for for-profit colleges.

— Evidence from EDsmart Data analysis

All bachelor's-predominant colleges with ROI data and 500+ undergraduates.

What the data shows

The colleges with the highest returns share two traits: graduates who move into high-paying technical and financial jobs, and net prices kept in check by generous aid. California Institute of Technology's graduates earn $166,642 ten years after entry against a net price of $8,509 a year.

ROI here is a whole-college figure. A school's engineering program and its fine arts program can produce very different returns, so pair this list with field-level data before choosing.

Methodology

10-year ROI = cumulative median earnings in years 6–10 after entry (years 7 and 9 interpolated) minus total net price (average annual net price × 5 years for bachelor's-predominant colleges). Earnings and net price are College Scorecard institution fields; earnings cover federal-aid recipients who are working and not enrolled.

The list includes bachelor's-predominant colleges with at least 500 undergraduates and complete data. The same calculation powers EDsmart Data's ROI rankings.

Frequently asked questions

Which college has the best ROI?

California Institute of Technology has the highest 10-year ROI in our analysis at $754,420, based on College Scorecard earnings and net price.

What is a typical college ROI after 10 years?

The median bachelor's-granting college returns $177,298 over 10 years after subtracting the full net price.

How is 10-year ROI calculated?

We add median earnings for years 6 through 10 after a student first enrolls, then subtract the average annual net price multiplied by five years of attendance for bachelor's colleges.

Are public colleges a better investment?

At the median, yes: public colleges return $200,164 versus $161,476 for private nonprofits. 5 of the top 25 are public.

Data sources

  • U.S. Department of Education, College Scorecard institution and field-of-study files (latest release in our extract)