Return on Investment vs
Judging the impact of education solely by the income it generates post-graduation fails to capture its true essence.
Yet, many define the success or failure of one's education based on Return on Investment (ROI).
Enter the concept of Return on Education (ROE), which enriches the ROI by incorporating the Value of Education. This value spans across five dimensions, recalibrating the results of the educational journey:
Even a modest income can yield a satisfactory ROE if the educational value exceeds expectations (such as for entrepreneurs or those joining NGOs).
Conversely, a significant increase in salary may result in a lower ROE if the educational experience falls short of expectations.
Experience refers to the journey beyond academics you go through during your studies.
Disclaimer: This calculator is not a scientific, research-based approach to the value of education. It should be seen as a discussion starter for a monetary expression of the return on investment of an educational product.
In times when the value of education is in doubt, this approach might stir the discussion beyond the salary earned after graduation. Feel free to share your thoughts on the LinkedIn article above or e-mail hello@edualto.com.