Shaw University – Raleigh, North Carolina
In 1865, Shaw University opened its door as the first historically black university in the South. That is the reason it has earned the “Mother of African-American colleges” moniker. Sadly, its rich history does not at all come cheap. Students at this school need to pay $118,000 to earn a degree. It might not pay off right away since the return on investment is $93,600 in the red after 20 years. Honestly, you do not even need to hold a college degree to figure out that this would not be a smart decision.
Shaw University – Raleigh, North Carolina
Paine College – Augusta, Georgia
Recently, Paine College has found itself in hard trouble because of its financial issues. The school nearly lost its regional accreditation for this reason! It looks like it has more issues than that, however. For one thing, students pay $97,500 to study here but only get a return on investment of $97,700 after two decades. The graduation rate at 20 percent is definitely on the low end as well. Students are typically more attracted to schools that give them more opportunities to pay off their loans as quickly as possible.
Paine College – Augusta, Georgia
