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Delaware colleges average $423,000 return on investment after 20 years

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SmartAsset ranked Delaware the eighth best state for higher education. Delaware has cracked the top 10 for all four years of the survey. Last year, it ranked third.

The financial data website came up with the rankings based on student-to-faculty ratio, average net price, undergraduate graduation rates, average 20-year return on investment and in-state attendance rate.

Delaware public colleges or universities have an average 20-year return on investment of $423,000. The state also has the seventh-lowest student-to-faculty rating in the country, with about 14.34 students per teacher.

About 73 percent of students who attend a public university earn a bachelor’s degree. The overall graduation rate is 51 percent.

The average net price for Delaware students is $12,089 per year.

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