Discover Reality of College Costs: These 30 Schools May Not Be Worth the Debt

Published on 08/16/2023
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Voorhees College – Denmark, South Carolina

Nestled in Denmark, South Carolina, Voorhees College resides in the heart of the state. With a population of just over 3,000, this small town embraces education, serving as a home to 600 ambitious students. Though regarded highly for its rich academic history, success isn’t always measured by dollar signs. Merely 26% of students graduate within four years, while a four-year degree carries a hefty price tag of $97,000. Surprisingly, after two decades, the average return on investment stands at -$153,400. It’s enough to make you wonder: what’s the secret behind the adoration for this beloved institution?

Voorhees College – Denmark, South Carolina

Voorhees College – Denmark, South Carolina

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Paine College – Augusta, Georgia

Paine College, once the training ground of the first African-American archaeologist, John Wesley Gilbert, boasts a rich history. However, in 2016, it faced a major setback with its de-accreditation by the Southern Association of Colleges and Schools. Even if they manage to secure another accreditor, there is a pressing concern regarding their graduation rate, which may be as low as 20%. With tuition fees totaling a staggering $97,500 for four years of study, it’s no wonder they bear the weight of their moniker. Shockingly, students face a bleak -$94,700 return on investment after 20 years.

Paine College – Augusta, Georgia

Paine College – Augusta, Georgia

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