Getting a college degree comes at a cost. Aside from the many hours of studying, students often find themselves buried in debt by the time they finish their education. Every year, PayScale makes a list of all the colleges in the U.S. and their values by calculating the costs of college tuition, rates of graduation, and returns on investments. Which ones are not getting a passing grade? Here are some colleges that have the worst returns on investment.
Saint Augustine’s University – Raleigh, North Carolina (Return On Investment: -$77,700)
“The truth will set you free” is the direct translation of the official motto of Saint Augustine’s University, but the truth of being on this list is pretty hard to swallow. The Raleigh-based university is one of the historically black colleges and universities in America (or HBCUs), and though the total student enrollment is quite low, with only 974 students, the price tag is high. Four years of study here costs students $129,000, but only 23% of enrollees actually graduate in four years. As for the graduates, most of them do not really get a high return on investment, and while they do have a diploma, they are also left with a mountain of debt.