Paine College
Paine College, founded in 1882, is located in Augusta, Georgia. Notably, it trained John Wesley Gilbert, the first African-American archaeologist. However, the college faced setbacks when it lost its accreditation by the Southern Association of Colleges and Schools in two thousand sixteen. Although they found another accreditor, their graduation rate remains abysmally low at just twenty percent. Today, the college has approximately six thousand living graduates, paling in comparison to Harvard’s three hundred seventy-one thousand. Unfortunately, the cost of education is steep, with students paying ninety-seven thousand dollars for four years, resulting in a negative ROI of negative ninety-four thousand seven hundred dollars after twenty years.
