Shaw University – Raleigh, North Carolina
Shaw University, which was founded in 1865, has been dubbed the “mother of African-American colleges.” It began by training freedmen and evolved into the private arts university we know today. That’s a really great name, but it doesn’t make up for the dreadful -$93,600 20-year return on investment. For a college that costs $118,000 for a four-year degree, Raleigh’s beauty does nothing to explain the poor return on investment.
Emory & Henry College – Emory, Virginia
Although its graduates include a number of successful people, Emory & Henry College should not be confused with Emory University in Georgia. Most people do not make a living after graduating from Emory & Henry. Emory & Henry alumni pay $179,000 for a four-year degree and have a 54% graduation rate, which compares poorly to Emory’s 91%. After 20 years, the latter institution has a $452,000 return on investment, while Emory & Henry in Emory, Virginia, has a dismal -$91,300 return.