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13 Colleges That Aren't Worth the Money

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Is getting a bachelor's degree still worth the cost? If you plan to attend these 13 college and universities, the answer is probably not.



Is getting a bachelor's degree still worth the cost?

Payscale, a salary data provider, answered this question by comparing the average cost of education to predicted income over 30 years for graduates at 1,060 schools in the United States.

It turns out that most schools are good investments -- though Payscale economist Katie Bardaro warns that students should consider individually whether college is worth it for their intended career.

At around 3 percent of the schools, however, the return on investment over 30 years is negative, due to some combination of high tuition and low graduate pay.

We've highlighted the worst of those schools here:

Gallery: 13 Colleges That Aren't Worth The Money




13. Lakeland College

Location: Plymouth Wis.
School type: private
Cost (2012): $132,400
30-year net ROI: -$51,300

12. Shaw University


Location: Raleigh, N.C.
School type: private
Cost (2012): $110,700
30-year net ROI: -$56,500

11. Medaille College


Location: Buffalo, N.Y.
School type: private
Cost (2012): $139,700
30-year net ROI: -$60,400

10. Meredith College


Location: Raleigh, N.C.
School type: private
Cost (2012): $150,400
30-year net ROI: -$66,200

9. Ozark Christian College

Location: Joplin, Mo.
School type: private
Cost (2012): $78,530
30-year net ROI: -$76,200

8. Fayetteville State University



Location: Fayetteville, N.C.
School type: state
Cost (2012): $113,400
30-year net ROI: -$82,600

7. Hilbert College


Location: Buffalo, N.Y.
School type: private
Cost (2012): $116,000
30-year net ROI: -$89,100

6. Springfield College

Location: Springfield, Mass.
School type: private
Cost (2012): $174,700
30-year net ROI: -$114,000

5. Florida Memorial University

Location: Miami Gardens, Fla.
School type: private
Cost (2012): $116,100
30-year net ROI: -$114,000

4. University of Maine at Presque Isle

Location: Presque Isle, Maine
School type: state
Cost (2012): $79,330
30-year net ROI: -$124,000

3. Miles College


Location: Fairfield, Ala.
School type: private
Cost (2012): $92,280
30-year net ROI: -$136,000

2. Valley Forge Christian College

Location: Phoenixville, Pa.
School type: private
Cost (2012): $114,100
30-year net ROI: -$178,000

1. The Art Institute of Pittsburgh

Location: Pittsburgh
School type: private
Cost (2012): $155,000
30-year net ROI: -$228,000

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