Saint Augustine’s University – Raleigh, North Carolina
The motto of Saint Augustine is “the truth will set you free.” However, the truth about this Raleigh university is that only 24% of students complete their studies in four years. Given that a four-year degree costs $129,000 and that most people do not finish in four years, the -$77,700 return on investment does not appear reasonable. That is sufficient to purchase a home in many areas. There are less than a thousand students there, and we hope they got something out of it that made it worthwhile.
Cazenovia College – Cazenovia, New York
Cazenovia College is located near Syracuse, New York, in the town of Cazenovia. There are 154 academic staff members, which is a large number as compared to the 915 undergraduates. That may be why people pay $184,000 for a four-year degree. It’s a liberal arts college with a superb teacher-to-student ratio, but the ROI is -$98,600. Leland Stanford, one of its most renowned alumni, may have started Stanford University because he believed he could provide students with a higher return on investment than his alma mater.