Using data from the expanded College Scorecard, this report ranks 4,500 colleges and universities by return on investment. A First Try at ROI: Ranking 4,500 Colleges finds that bachelor’s degrees from private colleges, on average, have higher ROI than degrees from public colleges 40 years after enrollment. Community colleges and many certificate programs have the highest returns in the short term, 10 years after enrollment, though returns from bachelor’s degrees eventually overtake those of most two-year credentials.