13 Colleges That Aren't Worth the Money

Valley Forge Christian College Facebook

By Vivian Giang



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




<b class="credit"><a href="http://www.facebook.com/photo.php?fbid=342821185734330&set=a.159626884053762.40625.113081442041640&type=3&theater" rel="nofollow noopener" target="_blank" data-ylk="slk:13. Lakeland College" class="link rapid-noclick-resp">13. Lakeland College</a></b>


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

<a href="http://sphotos-h.ak.fbcdn.net/hphotos-ak-snc7/404017_10151132860242370_1657113628_n.jpg" rel="nofollow noopener" target="_blank" data-ylk="slk:12. Shaw University" class="link rapid-noclick-resp"><b class="credit">12. Shaw University</b></a>



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

<a href="http://www.facebook.com/photo.php?fbid=10151374647553086&set=a.10150708215623086.454709.16537333085&type=3&theater" rel="nofollow noopener" target="_blank" data-ylk="slk:11. Medaille College" class="link rapid-noclick-resp"><b class="credit">11. Medaille College </b></a>



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

<a href="http://www.facebook.com/photo.php?fbid=10151357228200985&set=a.10150767284220985.457237.109343150984&type=3&theater" rel="nofollow noopener" target="_blank" data-ylk="slk:10. Meredith College" class="link rapid-noclick-resp"><b class="credit">10. Meredith College </b></a>



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


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



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



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

<a href="http://www.springfieldcollege.edu/" rel="nofollow noopener" target="_blank" data-ylk="slk:6. Springfield College" class="link rapid-noclick-resp"><b class="credit">6. Springfield College</b></a>


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

<a href="http://www.facebook.com/photo.php?fbid=344398418980067&set=a.330419223711320.80009.108675065885738&type=1&theater" rel="nofollow noopener" target="_blank" data-ylk="slk:5. Florida Memorial University" class="link rapid-noclick-resp"><b class="credit">5. Florida Memorial University </b></a>


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


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

<a href="http://www.facebook.com/photo.php?fbid=488609441172824&set=a.488609434506158.112651.487485164618585&type=3&theater" rel="nofollow noopener" target="_blank" data-ylk="slk:3. Miles College" class="link rapid-noclick-resp"><b class="credit">3. Miles College</b></a>


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

<a href="http://www.facebook.com/photo.php?fbid=10151702043185802&set=pb.258410590801.-2207520000.1367865320.&type=3&theater" rel="nofollow noopener" target="_blank" data-ylk="slk:2. Valley Forge Christian College" class="link rapid-noclick-resp"><b class="credit">2. Valley Forge Christian College</b></a>


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

<a href="http://www.facebook.com/photo.php?fbid=153151704758698&set=a.153150924758776.38736.118519691555233&type=3&theater" rel="nofollow noopener" target="_blank" data-ylk="slk:1. The Art Institute of Pittsburgh" class="link rapid-noclick-resp"><b class="credit">1. The Art Institute of Pittsburgh </b></a>


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