A Return on Your Investment
In its article “Are Prestigious Private Colleges Worth the Cost?” the March 2, 2015 issue of The Wall Street Journal lists Lafayette among Princeton, Harvard, and seven other schools as providing the best return on investment for liberal arts majors.
In the 2013-14 College Salary Report by PayScale, among graduates of the nation’s liberal arts colleges, Lafayette ranked second in median starting salaries. Payscale ranks Lafayette third among liberal arts colleges in net 20-year return on investment.
Beyond the salary, the broad scope of a liberal arts education gives you future opportunity to switch careers seamlessly and at will, as stated by economists Sandy Baum and Michael McPherson in The Chronicle of Higher Education:
“One reason education is so important is that life is about more than one’s work. Knowing how to perform a narrow set of tasks might allow one to put food on the table, but it might not allow one to make the most of all of life’s experiences.
“But even with a clear focus on the labor market, narrow training is unlikely to be a good long-term solution for most people. The specific jobs that are available today will not be the same ones available 10 years from now, and having the capability to learn new skills and the flexibility to adjust to new expectations is surely a prerequisite for a successful work life.”
A liberal arts education at Lafayette College not only prepares you to apply knowledge to local and global challenges in your career, it also sets you on a path to a greater quality of life.
Office of Financial AidLafayette College
107 Markle Hall
Easton, PA 18042
Fax: (610) 330-5758
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