<i>&gt; compare the career earnings of graduates with the present-day cost of a degree at their alma maters, net of financial aid</i><p>Woah, what? So a degree that cost $1 but raised your career earnings by $100 would be at 100%? 1000%? Not sure how they&#x27;re doing the math, but it completely dwarfs the rest. And shows how obviously flawed the measure itself is.<p>One of the key things left out is the baseline cost of time. A few years of your life is not free and probably makes for a pretty high baseline cost.