Paine College – Augusta, Georgia (Return On Investment: -$94,700)
Paine College has been having pain recently as the Southern Association of Colleges and Schools has challenged the private Methodist school located in Augusta, Georgia in court. The association has been arguing that the college should no longer have its regional accreditation due to some financial issues. However, PayScale reports that the school isn’t the only one that has been facing financial issues. The reported rankings show that students who spend $97,500 on a four-year education at Paine College get a return on investment of -$94,700 after 20 years and that the Paine College graduation rate sits at an alarming 20%. For a college with a motto of “emerging anew,” it appears its graduates are emerging with so much debt that they likely cannot pay off quickly.
Paine College – Augusta, Georgia (Return On Investment: -$94,700)
Rust College – Holly Springs, Mississippi (Return On Investment: -$97,100)
The acceptance rate at Rust College is about 43% on average, and those accepted into the college are taking part in a long tradition. The Mississippi college is known for being one of the few historically black colleges and universities which are still operating, and is the second private school to have opened in the state. It appears that students from Rust College are also becoming a part of a pretty long line of college debt. Full tuition, including room and board, at the HBCU costs $63,400, but Rust students usually have approximately -$97,100 net return on investment after 20 years. However, that’s nothing compared to another Mississippi school on this list.
Rust College – Holly Springs, Mississippi (Return On Investment: -$97,100)
