Filed Under:Markets, Gen X Y

15 cheapest colleges with best job value

Keeping tuition costs low makes a degree a better investment.

PIMCO chief Bill Gross famously (or infamously, depending on your point of view) questioned the value of a college education, considering tuition costs against future earnings.

"A mind is a precious thing to waste, so why are millions of America's students wasting theirs by going to college?" Gross asked in 2011. "All of us who have been there know an undergraduate education is primarily a four-year vacation interrupted by periodic bouts of cramming or Google plagiarizing, but at least it used to serve a purpose. It weeded out underachievers and proved at a minimum that you could pass an SAT test."

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15. Michigan Tech

Location: Houghton, Mich.

4-Year Tuition: $53,880

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14. New Jersey Institute of Technology

Location: Newark, N.J.

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13. University of California – San Diego

Location: La Jolla, Calif.

4-Year Tuition: $48,768

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12. University of California – Berkeley

Location: Berkeley, Calif.

4-Year Tuition: $51,456

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11. California Poly

Location: San Luis Obispo, Calif.

4-Year Tuition: $34,092

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10. South Dakota School of Mines & Technology

Location: Rapid City, S.D.

4-Year Tuition: $32,960

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9. Missouri University of Science and Technology

Location: Rolla, Mo.

4-Year Tuition: $31,784

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8. Georgia Tech

Location: Atlanta

4-Year Tuition: $33,032

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7. New Mexico Institute of Mining and Technology

Location: Socorro, N.M.

4-Year Tuition: $22,856

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6. SUNY Maritime College (State University of New York)

Location: Queens, N.Y.

4-Year Tuition: $23,480

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5. Colorado School of Mines

Location: Golden, Colo.

4-Year Tuition: $14,400

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4. Massachusetts Maritime Academy

Location: Buzzards Bay, Mass.

4-Year Tuition: $5,860

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3. United States Air Force Academy

Location: Colorado Springs, Colo.

4-Year Tuition: Free

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2. United States Military Academy

Location: West Point, N.Y.

4-Year Tuition: Free

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1. United States Naval Academy

Location: Annapolis, Md.

Tuition: Free

Originally published on ThinkAdvisor. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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