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How should students evaluate the ROI of transferring colleges before making the decision?
Hi!
I’m currently a sophomore college student considering transferring, and I’ve been thinking a lot about how people talk about college as an “investment.” What I’m struggling with is that, unlike traditional investments, students don’t really get clear ROI projections before making huge financial and life decisions like transferring schools.
For professionals who have been through hiring or recruiting (or both), how do you personally think about the value of where someone went to school, and what advice would you give someone trying to decide if transferring is “worth it”?
Thank you so much for your time!
#Spring26
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Martha D.’s Answer
Hi, Ron - you ask an interesting question. An ROI is based on the reason for the investment so the measurement will vary.
Generally, people transfer colleges/universities because they can't get the courses or major(s) they want. If they switch to somewhere with the desired program, they can get the degree they want and potentially have more access to related internships and career advice. Another common reason to transfer is social, having an easier time making friends. This also can be measured by number of friends, but more importantly, by increase in life satisfaction and decrease in anxiety or depression.
When you mention the "value of where someone went to school," do you mean the prestige of the school? If so, I would not recommend transferring for that reason alone. There are "successful" people (meaning generally happy in careers supporting the lifestyle they want) from many schools. When you first graduate, the school can make a difference but generally what you studied, how well you did, and what practical experience you have matters more. The longer from graduation, generally the less the school makes a difference.
I hope this helps and wish you good luck!
Generally, people transfer colleges/universities because they can't get the courses or major(s) they want. If they switch to somewhere with the desired program, they can get the degree they want and potentially have more access to related internships and career advice. Another common reason to transfer is social, having an easier time making friends. This also can be measured by number of friends, but more importantly, by increase in life satisfaction and decrease in anxiety or depression.
When you mention the "value of where someone went to school," do you mean the prestige of the school? If so, I would not recommend transferring for that reason alone. There are "successful" people (meaning generally happy in careers supporting the lifestyle they want) from many schools. When you first graduate, the school can make a difference but generally what you studied, how well you did, and what practical experience you have matters more. The longer from graduation, generally the less the school makes a difference.
I hope this helps and wish you good luck!
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George’s Answer
NO ONE CARES where you went to school. The only concern is do you have the degree, certification, training.... and then experience.
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Marty’s Answer
Ron, when thinking about the return on your college investment, it's important to look beyond just the money spent and the salary you'll earn after graduation. Consider which school will help you reach your full potential, which employers visit your campus to hire, and if those companies align with your career goals. Also, think about the network you'll build, as these connections can last a lifetime. Remember, future employers often care more about your grades and what you achieved in college than the name of the school you attended.