College ROI

Smarter Choices, Brighter Futures
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Austin Peay State University

Clarksville, TN 7,560 Undergrads 43.4% Grad Rate
Share
Total Cost
$22,233
Sticker Price
Avg Net Price
$9,735
After Aid
Median Earnings
$52,456
4yr Post-Grad

Vs. Peer Institutions

Net Price$9,735
Peer Midpoint: $20,080.5
Earnings (4yr Post-Grad)$52,456
Peer Midpoint: $60,428
Graduation Rate43.4%
Peer Midpoint: 58.9%
Socio-Economic Diversity
Pell Grant Recipients51.5%
Enrollment Status
Full-Time72.6%
Economic Outcomes
Earn More than HS65.0%

Admissions Profile

Acceptance
96.4%
SAT Avg
1,088
SAT Reading
25th: 445-75th: 573
SAT Math
25th: 398-75th: 553
ACT Composite
25th: 182175th: 24

ROI Sensitivity Analysis

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)

Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$474k
+$7k
-$10k
Median Cost$10k/yr
+$439k
-$28k
-$45k
Full Cost$22k/yr
+$394k
-$73k
-$90k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$10k/yr
Never
-129%
Full Cost$22k/yr
Never
-113%
Analysis Assumptions:
  • Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).
  • Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
  • Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
  • NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return-100%

Gov. Pell Grant ROINew

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return-72%
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator with your specific estimates of cost and salary.

Program ROI Analysis

Associate's Degrees

Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
-
Earnings (4yr)
$49,254
Natl Median: $48,733
Lifetime Value Added
+$23k
Engineering Technologies/Technicians, General
AssocCIP: 1500
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,343
Lifetime Value Added
N/A
Industrial Production Technologies/Technicians
AssocCIP: 1506
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,593
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
$16,595
Earnings (4yr)
$44,250
Natl Median: $44,125
Lifetime Value Added
-$27k

Bachelor's Degrees

Accounting and Related Services
BachCIP: 5203
Median Debt
$22,294
Earnings (4yr)
$58,409
Natl Median: $76,194
Lifetime Value Added
+$3k
Agriculture, General
BachCIP: 0100
Median Debt
$18,875
Earnings (4yr)
$45,020
Natl Median: $53,676
Lifetime Value Added
-$108k
Allied Health Diagnostic, Intervention, and Treatment Professions
BachCIP: 5109
Median Debt
$25,000
Earnings (4yr)
$64,110
Natl Median: $70,786
Lifetime Value Added
+$49k
Biology, General
BachCIP: 2601
Median Debt
$24,250
Earnings (4yr)
$48,991
Natl Median: $57,214
Lifetime Value Added
-$74k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$22,250
Earnings (4yr)
$55,567
Natl Median: $68,257
Lifetime Value Added
-$20k
Business/Commerce, General
BachCIP: 5201
Median Debt
$25,000
Earnings (4yr)
$53,656
Natl Median: $68,407
Lifetime Value Added
-$35k
Chemistry
BachCIP: 4005
Median Debt
$18,608
Earnings (5yr)
$54,314
Natl Median: $65,120
Lifetime Value Added
-$39k
Clinical/Medical Laboratory Science/Research and Allied Professions
BachCIP: 5110
Median Debt
$12,500
Earnings (4yr)
$75,261
Natl Median: $75,975
Lifetime Value Added
+$135k
Communication and Media Studies
BachCIP: 0901
Median Debt
$23,175
Earnings (4yr)
$43,511
Natl Median: $56,359
Lifetime Value Added
-$121k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
$22,246
Earnings (4yr)
$77,125
Natl Median: $92,374
Lifetime Value Added
+$149k
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,009
Lifetime Value Added
N/A
Computer Systems Analysis
BachCIP: 1105
Median Debt
$23,788
Earnings (4yr)
$76,824
Natl Median: $78,929
Lifetime Value Added
+$147k
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
$21,090
Earnings (4yr)
$53,376
Natl Median: $55,378
Lifetime Value Added
-$38k
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Engineering Technologies/Technicians, General
BachCIP: 1500
Median Debt
$25,000
Earnings (4yr)
$79,309
Natl Median: $80,526
Lifetime Value Added
+$166k
English Language and Literature, General
BachCIP: 2301
Median Debt
$24,860
Earnings (4yr)
$42,543
Natl Median: $48,590
Lifetime Value Added
-$129k
Finance and Financial Management Services
BachCIP: 5208
Median Debt
-
Earnings (4yr)
$71,567
Natl Median: $83,343
Lifetime Value Added
+$106k
Fine and Studio Arts
BachCIP: 5007
Median Debt
$22,964
Earnings (4yr)
$33,880
Natl Median: $41,367
Lifetime Value Added
-$204k
Geological and Earth Sciences/Geosciences
BachCIP: 4006
Median Debt
-
Earnings (5yr)
$48,050
Natl Median: $60,190
Lifetime Value Added
-$90k
History
BachCIP: 5401
Median Debt
$19,375
Earnings (4yr)
$40,317
Natl Median: $50,680
Lifetime Value Added
-$148k
Liberal Arts and Sciences, General Studies and Humanities
BachCIP: 2401
Median Debt
$19,000
Earnings (4yr)
$48,177
Natl Median: $53,072
Lifetime Value Added
-$81k
Linguistic, Comparative, and Related Language Studies and Services
BachCIP: 1601
Median Debt
-
Earnings (2yr)
$23,649
Natl Median: $49,984
Lifetime Value Added
-$285k
Marketing
BachCIP: 5214
Median Debt
$19,178
Earnings (4yr)
$53,734
Natl Median: $69,303
Lifetime Value Added
-$35k
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (5yr)
$47,046
Natl Median: $69,562
Lifetime Value Added
-$98k
Music
BachCIP: 5009
Median Debt
$30,900
Earnings (4yr)
$45,100
Natl Median: $42,892
Lifetime Value Added
-$107k
Philosophy
BachCIP: 3801
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,455
Lifetime Value Added
N/A
Physics
BachCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,786
Lifetime Value Added
N/A
Political Science and Government
BachCIP: 4510
Median Debt
$20,500
Earnings (4yr)
$48,840
Natl Median: $63,293
Lifetime Value Added
-$76k
Psychology, General
BachCIP: 4201
Median Debt
$22,500
Earnings (4yr)
$41,303
Natl Median: $50,706
Lifetime Value Added
-$140k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$23,365
Earnings (4yr)
$73,564
Natl Median: $88,910
Lifetime Value Added
+$122k
Social Work
BachCIP: 4407
Median Debt
$25,000
Earnings (4yr)
$44,152
Natl Median: $51,790
Lifetime Value Added
-$115k
Sociology
BachCIP: 4511
Median Debt
$18,250
Earnings (4yr)
$43,612
Natl Median: $52,657
Lifetime Value Added
-$120k
Special Education and Teaching
BachCIP: 1310
Median Debt
-
Earnings (5yr)
$45,543
Natl Median: $50,499
Lifetime Value Added
-$111k
Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
$22,215
Earnings (4yr)
$45,080
Natl Median: $54,562
Lifetime Value Added
-$107k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$24,000
Earnings (4yr)
$46,900
Natl Median: $47,382
Lifetime Value Added
-$92k

Master's Degrees

Biology, General
MastCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,830
Lifetime Value Added
N/A
Business Administration, Management and Operations
MastCIP: 5202
Median Debt
-
Earnings (4yr)
$86,017
Natl Median: $103,485
Lifetime Value Added
+$100k
Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
-
Earnings (4yr)
$71,883
Natl Median: $65,184
Lifetime Value Added
-$24k
Communication and Media Studies
MastCIP: 0901
Median Debt
-
Earnings (4yr)
$68,264
Natl Median: $71,953
Lifetime Value Added
-$56k
Computer Software and Media Applications
MastCIP: 1108
Median Debt
$19,273
Earnings (4yr)
$93,644
Natl Median: $120,083
Lifetime Value Added
+$167k
Curriculum and Instruction
MastCIP: 1303
Median Debt
-
Earnings (4yr)
$51,545
Natl Median: $63,399
Lifetime Value Added
-$210k
Education, General
MastCIP: 1301
Median Debt
$35,766
Earnings (4yr)
$52,820
Natl Median: $65,824
Lifetime Value Added
-$198k
Educational Administration and Supervision
MastCIP: 1304
Median Debt
-
Earnings (4yr)
$68,358
Natl Median: $71,685
Lifetime Value Added
-$55k
Engineering Technologies/Technicians, General
MastCIP: 1500
Median Debt
-
Earnings (4yr)
-
Natl Median: $111,169
Lifetime Value Added
N/A
English Language and Literature, General
MastCIP: 2301
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,512
Lifetime Value Added
N/A
Health and Medical Administrative Services
MastCIP: 5107
Median Debt
$19,759
Earnings (4yr)
$54,479
Natl Median: $89,981
Lifetime Value Added
-$182k
History
MastCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,360
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
MastCIP: 2401
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,716
Lifetime Value Added
N/A
Music
MastCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,285
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
MastCIP: 5138
Median Debt
$44,596
Earnings (4yr)
$114,522
Natl Median: $120,193
Lifetime Value Added
+$349k
Social Work
MastCIP: 4407
Median Debt
$20,500
Earnings (4yr)
$59,382
Natl Median: $65,123
Lifetime Value Added
-$136k
Sports, Kinesiology, and Physical Education/Fitness
MastCIP: 3105
Median Debt
-
Earnings (4yr)
$65,250
Natl Median: $62,033
Lifetime Value Added
-$83k
Student Counseling and Personnel Services
MastCIP: 1311
Median Debt
$41,000
Earnings (4yr)
$51,023
Natl Median: $60,111
Lifetime Value Added
-$215k
Teacher Education and Professional Development, Specific Subject Areas
MastCIP: 1313
Median Debt
$22,600
Earnings (4yr)
$56,278
Natl Median: $63,707
Lifetime Value Added
-$165k

Graduate Certificates

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
Gr-CertCIP: 5138
Median Debt
-
Earnings (4yr)
-
Natl Median: $126,911
Lifetime Value Added
N/A

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate degree decision moving forward. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.