We are all concerned with our children’s futures. Did I prepare them enough? Will they make good decisions? These are just a couple of questions parents ask themselves around the time their children are about to head off to college. It can be quite a challenge as a parent wondering where is the best college to send your young adult, both for your money and their time, while still ensuring their future success in the business world.
According to a recent article from the Houston Business Journal, a Seattle based company, called Payscale, lent a helping hand to parents out there by creating a Top Ten list of schools in Texas that are a worthwhile investment. They ranked the colleges based on total income after twenty years of working in the business world, deducting what they would have made as high school graduates and the cost of college expenses. Interestingly enough, the top three of that list were Rice University, Texas A&M University, and the University of Texas at Austin.
When it comes to enrolling young adult into college, it is useful to look at such studies, but it also important to look at other factors. Perhaps, some parents opt to enroll their kids to a community college the first two years for their basic classes; that way, they are able to get a feel for the college experience, but it is also a little bit more cost conscious. Most credits are easily transferrable and are located in close distance to a major university. You may be able to apply for numerous scholarships, both through the university or from other sources, which will help the financial strain while you will still be able to send your child to a Division One or Ivy League college. Lastly, you can always consider a trade or technical program that may suit the needs of your child more appropriately.
Every child has different specialties and passions, so just enrolling them into the highest ranked ROI university may not guarantee success. Consider your child’s history before you begin applying for colleges.