Paine College

Paine College is a private Methodist school in Augusta, Georgia, that is affiliated with the United Methodist Church and Christian Methodist Episcopal Church. The college has had its fair share of woes as it’s battled financial trouble over the recent years after losing its accreditation through the Southern Association of Colleges and Schools in 2018. But for the students at Paine College, the picture isn’t much better.

Paine College has an acceptance rate of only 25% and a graduation rate of less than 20%. On top of that, its overall 20-year return on investment is a staggering -$94,700. While the average student at Paine College pays less than at some other private colleges—about $24,000 a year—the price is still a costly consideration for students who apply to Paine College.