Where it pays to study
A research by U.S. magazine Newsweek ranked which universitieshave the
Of the 10 universities where students incur the most debt andsubsequently earn the least are 8 private institute and 2 publicones. Uncontested number 1 is the Roman Catholic Sacred HeartUniversity in Connecticut where 99% of the students graduate withan average debt burden of $40,865 and receive a median startingsalary $44,800.
A big name in this unfavorable ranking is New York University(NYU) on place 4. There, tuition fees amount to $58,858 while 55%of graduates incur an average debt burden of $41,300 and earnstarting salaries of $47,700 later on.
Same tuition fees, $22,000 extra salary
By contrast, studying at MIT is most profitable. While tuitionfees are in a similar range compared to NYU, starting mediansalaries are significantly higher at $69,700. Next in line arePrinceton University and California Institute of Technology.
Student loans have attracted much attention in the politicaldebate between incumbent President Obama and his Republicanchallenger Mitt Romney.
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