Montserrat College of Art

Montserrat College of Art is a fairly exclusive, state-of-the-art institution for aspiring visual artists that is located in Beverly, Massachusetts. Art tends to get a bad rap as a career choice (cue all the “starving artist” jokes you’ve ever heard), but aspiring artists at Montserrat College of Art tend to have an especially rough time making a liveable career after graduation.

Despite a somewhat higher graduation rate than some—over 50% of students graduate in four to six years—the tuition still creates a money sinkhole for students. Yearly tuition at Montserrat College of Art is just over $42,000 a year, making a grand total of $169,000 over four years. After graduation, job prospects are slim, making the ROI at the institution -$107,400.