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5. Babson College
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- 20-year return on investment: $946,500
- Annualized return: 12.8%
- Total 4-year cost of attendance : $230,200
Babson College is known for producing captains of industry and entrepreneurs.
This business degree-only school employs unique teaching strategies that seem to be paying off for its grads. According to the school, 99% of graduates have jobs or go on to graduate school within six months.
One particular area of study the school is known for is entrepreneurship.
"Entrepreneurship as an area of study has really started to grow across colleges," said PayScale's Frank. "If graduates are having success there, you could see how that would result in good earnings potential down the road."
Around 7% of Babson graduates start their own businesses, and many go into finance and marketing. According to PayScale, early career salaries are around $61,000 -- high enough for the business school to compete with the STEM schools that dominate the list of schools with the best return on investment.
[CNN]
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