Originally published by Erik Ofgang on Tech&Learning.

The MBA program at Worcester Polytechnic Institute’s new return on investment tool is designed to help prospective students make better decisions about graduate school spending.

The MBA program at the Business School at The Worcester Polytechnic Institute (WPI) has launched a new digital tool that will let prospective students analyze their potential return on investment (ROI).

Far more than merely a recruitment method, the return on investment tool is a way of advocating for more transparency and accountability in higher education, says Reverend Dr. Debora Jackson.

“I think we all have a responsibility to do this,” she says. “This feels like an ethical response. There are a lot of students who go to school and take on potentially great amounts of debt, and then don't see that return.”

The average graduate student incurs $70,000 in student loans to pay for their advanced degree, according to(opens in new tab) the National Center for Education Statistics.

“We have to be better stewards of these resources on behalf of our prospective students. I think that that's our responsibility in higher education,” Jackson says.

Read the full article by Erik Ofgang on Tech&Learning.