13. Benedict College (South Carolina)
Benedict College is the first institution on our list that presents a six-figure net loss on an investment after graduation. This university is located in a big city and has a large student base of over 2000. Initially established as a teacher’s college, over time this HBCU has transformed into a full blow tertiary institution, though its reputation may soon precede it nevertheless.
Benedict College Columbia, South Carolina
With a meager 22% graduation rate, the $124,000 tuition seems a little far off for most of the people at the university, with Payscale estimating a return on investment of -$105,600 in the long run. You don’t need a calculator to know that these numbers do not play in your favor, arguably making it nearly impossible to get your head above water financially after graduation.
12.Morris College (South Carolina)
Morris College has been around for over 100 years, first opening its doors back in 1908. Their motto translates from Latin to English as “Enter to Learn, Depart to Serve”, but you may find yourself serving credit institutions after graduation instead. You won’t believe the return on investment from studying at this institution, hence why it’s so high up on our list.
Morris College Sumter, South Carolina
While a four-year qualification won’t set you back $100,000 (slightly less, at $92,200), the 20-year number in terms of returns comes in at a staggering -$106,800. For many, this means that the four years of studies will be the best years of their lives (especially as they won’t be burdened with debt just quite yet), making the most of it seems like the best choice in the long run.
