College ROI Calculator
Is that degree worth the investment? Compare lifetime earnings with and without a degree to find out.
Total tuition + fees over all years, net of scholarships/aid
Typical earnings with a high school diploma
Lifetime Earnings Advantage
+$240,497
over 20 years after subtracting all costs
Breakeven Year
Year 14
Annual Earnings Premium
+$23,000
ROI
+102.8%
Cumulative Earnings Over Time
Choose a Degree Type
Customize Your Scenario
Education Costs
Financial Aid
Your Situation
What you'd earn if not in school
Post-Graduation
Estimated Net Lifetime Gain
$3,258,029
Excellent investment with NPV of $1,287,404 and 2045% ROI. The degree pays for itself many times over.
Break-even age
Age 29
Net Present Value
$1,287,404
Total ROI
2045.3%
Total Investment
$159,297
Earnings Premium
$3,417,326
Total Investment
Returns Over Career
Estimated Monthly Loan Payment After Graduation
$40,000 borrowed over 10 years at 6.5%
$500.43
Understanding College ROI
Net Present Value (NPV): The total value today of all future earnings minus costs, adjusted for the time value of money. Positive NPV indicates the investment adds value.
Opportunity Cost: The money that would have been earned working instead of attending school. This is often the largest “hidden” cost of education.
Beyond the Numbers: This calculator focuses on financial returns. Education also provides personal growth, career flexibility, networking, and life experiences that are not reflected in salary data.
Salary Variability: Starting salaries vary widely by major, school, location, and individual performance. Research specific career outcomes for your intended field.
About This Analysis
This calculator provides estimates based on the inputs you supply. It assumes standard amortization and does not account for taxes, insurance, PMI, prepayment penalties, or the opportunity cost of funds. Results are for informational and educational purposes only and should not be considered financial advice. Consult a qualified professional before making financial decisions.
- ·Salary projections assume constant growth rates and do not account for career changes, promotions, or economic downturns.
- ·Actual loan terms and repayment amounts may differ based on lender and repayment plan.
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Insights
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