251: Is College Worth the Cost? This 30,000 Variable Study Says "Sometimes..."

251: Is College Worth the Cost? This 30,000 Variable Study Says "Sometimes..."

Is college worth it? For the first time in history, we may have a definitive answer to whether or not your specific degree and school choice provides a positive ROI. We know that ROI isn’t the only thing that matters when choosing a degree, but when looking at higher education through a financial independence lens, it’s definitely the highest value. Looking through census, employment, and Department of Education data is number crunching crusader, Preston Cooper. Preston and his team over at The Foundation for Research on Equal Opportunity put together the most extensive research on college degree ROI ever created. Preston’s findings allow you to parse through over 30,000 degrees and school choices so you (or your child) can make the best decision on where to get a bachelor's degree. Preston discusses the discrepancies between nonprofit and for-profit university degrees, whether or not high-cost schools equal a higher payday through life, and why even going to Harvard doesn’t secure a high ROI. Want to know the true value of your degree? Tune in and check out Preston’s full study! In This Episode We Cover How much you could benefit, in general, from getting an undergraduate degree The degrees that have the highest lifetime ROI Degrees that offer little-to-no or negative financial benefit Whether investing in real estate or a college degree is more worth it The biggest criticisms of Preston’s study and how he combats them Dave, Mindy, and Scott’s ROI on their respective degrees And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(742)

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In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench tackle two pivotal financial decisions with their guest, Kristel. Has she already achieved Coast FI without real...

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Net Worth By Age In 2025 (Are You Above Average?)

Net Worth By Age In 2025 (Are You Above Average?)

Let's talk about the average net worth by every age, and how to make sure you save and invest enough money to stay on track. In this episode of the BiggerPockets Money podcast, Mindy Jensen and Scott ...

7 Okt 202539min

Should You Keep or Sell Your House? (Best Choice for FIRE)

Should You Keep or Sell Your House? (Best Choice for FIRE)

Should you sell your house right now or turn it into a rental property? In this episode of the BiggerPockets Money podcast, hosts Mindy Jensen and Scott Trench dive deep into one of the biggest financ...

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FI at 44 AFTER Taking a Year Off at 31

FI at 44 AFTER Taking a Year Off at 31

What if you could take a year off at 31 and still retire early? Alex Morales, also known as Girl Chasing Wealth, is doing exactly that. In this BiggerPockets Money episode, she sits down with Mindy Je...

30 Sep 202537min

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Join Mindy Jensen and Scott Trench on the BiggerPockets Money Podcast as they welcome retirement tax experts Sean Mullaney, The FI Tax Guy, and Cody Garrett, a certified financial planner, to break do...

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