College ROI

Smarter Choices, Brighter Futures
Back to Colleges

Ball State University

Muncie, IN 13,988 Undergrads 64.9% Grad Rate
Share
Total Cost
$26,146
Sticker Price
Avg Net Price
$14,940
After Aid
Median Earnings
$57,619
4yr Post-Grad

Vs. Peer Institutions

Net Price$14,940
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$57,619
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$51,833
Peer Midpoint: $53,763
Graduation Rate64.9%
Peer Midpoint: 58.9%
Average Starting Age20.6
Socio-Economic Diversity
Pell Grant Recipients36.7%
Enrollment Status
Full-Time93.1%
Economic Outcomes
Earn More than HS74.6%

Admissions Profile

Acceptance
85.5%
SAT Avg
1,160
SAT Reading
25th: 55056075th: 640
SAT Math
25th: 53055075th: 620
ACT Composite
25th: 202475th: 24

ROI Sensitivity Analysis
Assuming 4 Years to Graduation

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
+$516k
+$50k
+$32k
Median Cost$15k/yr
+$463k
-$4k
-$22k
Full Cost$26k/yr
+$422k
-$44k
-$62k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
42
Median Cost$15k/yr
Never
-40%
Full Cost$26k/yr
Never
-66%
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-21%

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-57%
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, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.

Program ROI Analysis

Certificates

Arts, Entertainment, and Media Management
CertCIP: 5010
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,974
Lifetime Value Added
N/A
Biotechnology
CertCIP: 2612
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,955
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $36,607
Lifetime Value Added
N/A
Journalism
CertCIP: 0904
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,137
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,019
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,631
Lifetime Value Added
N/A

Associate's Degrees

Median Debt
-
Earnings (4yr)
$79,669
Natl Median: $65,389
Lifetime Value Added
+$295k
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,706
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$47,312
Natl Median: $44,125
Lifetime Value Added
-$6k

Bachelor's Degrees

Median Debt
$23,172
Earnings (4yr)
$75,559
Natl Median: $76,194
Lifetime Value Added
+$118k
Median Debt
$27,000
Earnings (4yr)
$61,584
Natl Median: $70,786
Lifetime Value Added
+$10k
Anthropology
BachCIP: 4502
Median Debt
$22,250
Earnings (4yr)
$44,371
Natl Median: $46,676
Lifetime Value Added
-$132k
Median Debt
-
Earnings (4yr)
$52,542
Natl Median: $57,640
Lifetime Value Added
-$63k
Median Debt
-
Earnings (4yr)
$64,350
Natl Median: $62,161
Lifetime Value Added
+$32k
Architecture
BachCIP: 0402
Median Debt
$28,035
Earnings (5yr)
$62,012
Natl Median: $66,914
Lifetime Value Added
+$4k
Area Studies
BachCIP: 0501
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,625
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $68,333
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,997
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,889
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$23,229
Earnings (4yr)
$55,097
Natl Median: $57,214
Lifetime Value Added
-$42k
Median Debt
$20,500
Earnings (4yr)
$75,703
Natl Median: $68,257
Lifetime Value Added
+$119k
Median Debt
$24,025
Earnings (4yr)
$67,141
Natl Median: $68,407
Lifetime Value Added
+$54k
Median Debt
$26,821
Earnings (4yr)
$76,847
Natl Median: $77,981
Lifetime Value Added
+$128k
Chemistry
BachCIP: 4005
Median Debt
$25,000
Earnings (4yr)
$63,764
Natl Median: $65,120
Lifetime Value Added
+$27k
Median Debt
-
Earnings (4yr)
$55,663
Natl Median: $66,874
Lifetime Value Added
-$38k
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,429
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,523
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $75,975
Lifetime Value Added
N/A
Median Debt
$21,500
Earnings (4yr)
$51,186
Natl Median: $56,359
Lifetime Value Added
-$75k
Median Debt
$20,500
Earnings (4yr)
$61,677
Natl Median: $58,928
Lifetime Value Added
+$11k
Median Debt
$23,512
Earnings (4yr)
$79,620
Natl Median: $92,374
Lifetime Value Added
+$149k
Median Debt
$26,000
Earnings (4yr)
$71,514
Natl Median: $83,742
Lifetime Value Added
+$87k
Median Debt
$25,500
Earnings (4yr)
$90,239
Natl Median: $95,124
Lifetime Value Added
+$230k
Median Debt
$21,982
Earnings (4yr)
$52,997
Natl Median: $55,378
Lifetime Value Added
-$60k
Dance
BachCIP: 5003
Median Debt
-
Earnings (4yr)
$34,518
Natl Median: $39,980
Lifetime Value Added
-$217k
Median Debt
$22,000
Earnings (4yr)
$53,514
Natl Median: $51,490
Lifetime Value Added
-$55k
Median Debt
-
Earnings (4yr)
$55,768
Natl Median: $55,753
Lifetime Value Added
-$37k
Median Debt
$24,340
Earnings (4yr)
$43,082
Natl Median: $39,775
Lifetime Value Added
-$143k
Median Debt
-
Earnings (4yr)
$44,208
Natl Median: $51,642
Lifetime Value Added
-$133k
Economics
BachCIP: 4506
Median Debt
$22,054
Earnings (4yr)
-
Natl Median: $82,686
Lifetime Value Added
N/A
Median Debt
$22,250
Earnings (4yr)
$38,676
Natl Median: $48,590
Lifetime Value Added
-$181k
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,710
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$48,378
Natl Median: $48,460
Lifetime Value Added
-$98k
Median Debt
$23,000
Earnings (4yr)
$70,833
Natl Median: $83,343
Lifetime Value Added
+$82k
Median Debt
$25,000
Earnings (4yr)
$42,594
Natl Median: $41,367
Lifetime Value Added
-$147k
Median Debt
$24,250
Earnings (4yr)
$78,401
Natl Median: $75,399
Lifetime Value Added
+$140k
Median Debt
$24,750
Earnings (4yr)
$53,992
Natl Median: $57,853
Lifetime Value Added
-$51k
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,190
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,459
Lifetime Value Added
N/A
Median Debt
$21,500
Earnings (4yr)
-
Natl Median: $61,296
Lifetime Value Added
N/A
Median Debt
$23,250
Earnings (4yr)
$56,078
Natl Median: $61,911
Lifetime Value Added
-$34k
History
BachCIP: 5401
Median Debt
$20,341
Earnings (4yr)
$50,838
Natl Median: $50,680
Lifetime Value Added
-$78k
Median Debt
$24,047
Earnings (4yr)
$44,705
Natl Median: $56,726
Lifetime Value Added
-$129k
Median Debt
$26,125
Earnings (4yr)
$46,269
Natl Median: $48,568
Lifetime Value Added
-$116k
Median Debt
$19,500
Earnings (4yr)
$75,822
Natl Median: $68,069
Lifetime Value Added
+$120k
Median Debt
-
Earnings (4yr)
$73,664
Natl Median: $80,890
Lifetime Value Added
+$104k
Insurance
BachCIP: 5217
Median Debt
$25,537
Earnings (4yr)
$59,612
Natl Median: $88,472
Lifetime Value Added
-$6k
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,201
Lifetime Value Added
N/A
Journalism
BachCIP: 0904
Median Debt
$24,418
Earnings (4yr)
$49,456
Natl Median: $56,278
Lifetime Value Added
-$89k
Median Debt
-
Earnings (4yr)
$65,382
Natl Median: $66,387
Lifetime Value Added
+$40k
Median Debt
$27,000
Earnings (4yr)
$57,249
Natl Median: $57,149
Lifetime Value Added
-$25k
Median Debt
$23,125
Earnings (4yr)
$49,657
Natl Median: $53,072
Lifetime Value Added
-$87k
Median Debt
$22,665
Earnings (4yr)
$78,566
Natl Median: $83,290
Lifetime Value Added
+$141k
Median Debt
$16,654
Earnings (4yr)
$77,774
Natl Median: $86,176
Lifetime Value Added
+$135k
Marketing
BachCIP: 5214
Median Debt
$21,825
Earnings (4yr)
$64,895
Natl Median: $69,303
Lifetime Value Added
+$36k
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (5yr)
$49,352
Natl Median: $69,562
Lifetime Value Added
-$98k
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,693
Lifetime Value Added
N/A
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
$37,997
Natl Median: $42,892
Lifetime Value Added
-$187k
Median Debt
$27,000
Earnings (5yr)
$57,266
Natl Median: $55,012
Lifetime Value Added
-$34k
Non-Professional Legal Studies
BachCIP: 2200
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,959
Lifetime Value Added
N/A
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
Median Debt
$25,410
Earnings (4yr)
$58,953
Natl Median: $63,293
Lifetime Value Added
-$11k
Psychology, General
BachCIP: 4201
Median Debt
$22,364
Earnings (4yr)
$48,421
Natl Median: $50,706
Lifetime Value Added
-$98k
Public Health
BachCIP: 5122
Median Debt
-
Earnings (4yr)
$52,202
Natl Median: $58,808
Lifetime Value Added
-$66k
Median Debt
$23,250
Earnings (4yr)
$60,686
Natl Median: $63,560
Lifetime Value Added
+$3k
Median Debt
$23,146
Earnings (4yr)
$47,737
Natl Median: $50,497
Lifetime Value Added
-$104k
Real Estate
BachCIP: 5215
Median Debt
-
Earnings (4yr)
-
Natl Median: $84,821
Lifetime Value Added
N/A
Median Debt
$24,732
Earnings (4yr)
$76,161
Natl Median: $88,910
Lifetime Value Added
+$123k
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,390
Lifetime Value Added
N/A
Median Debt
$21,702
Earnings (4yr)
$51,294
Natl Median: $55,000
Lifetime Value Added
-$74k
Social Work
BachCIP: 4407
Median Debt
$21,500
Earnings (4yr)
$50,321
Natl Median: $51,790
Lifetime Value Added
-$82k
Sociology
BachCIP: 4511
Median Debt
$19,448
Earnings (4yr)
$38,857
Natl Median: $52,657
Lifetime Value Added
-$179k
Median Debt
$22,500
Earnings (4yr)
$51,267
Natl Median: $50,499
Lifetime Value Added
-$74k
Median Debt
$25,450
Earnings (4yr)
$47,584
Natl Median: $59,631
Lifetime Value Added
-$105k
Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
$25,192
Earnings (4yr)
$55,053
Natl Median: $54,562
Lifetime Value Added
-$43k
Median Debt
$21,954
Earnings (4yr)
$48,344
Natl Median: $47,382
Lifetime Value Added
-$98k
Median Debt
$22,875
Earnings (4yr)
$50,260
Natl Median: $51,389
Lifetime Value Added
-$82k

Post-Baccalaureate Certificates

Median Debt
-
Earnings (5yr)
$79,317
Natl Median: $88,516
Lifetime Value Added
+$97k
Median Debt
-
Earnings (5yr)
$57,897
Natl Median: $63,623
Lifetime Value Added
-$107k
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,414
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,439
Lifetime Value Added
N/A

Master's Degrees

Median Debt
-
Earnings (4yr)
$80,463
Natl Median: $95,833
Lifetime Value Added
+$42k
Anthropology
MastCIP: 4502
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,276
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,913
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$69,582
Natl Median: $71,757
Lifetime Value Added
-$54k
Architecture
MastCIP: 0402
Median Debt
-
Earnings (5yr)
$72,743
Natl Median: $74,222
Lifetime Value Added
-$39k
Biology, General
MastCIP: 2601
Median Debt
-
Earnings (4yr)
$65,439
Natl Median: $69,830
Lifetime Value Added
-$91k
Median Debt
$23,417
Earnings (4yr)
$120,992
Natl Median: $125,988
Lifetime Value Added
+$396k
Chemistry
MastCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,937
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$61,196
Natl Median: $79,665
Lifetime Value Added
-$140k
Median Debt
$36,910
Earnings (4yr)
$58,806
Natl Median: $65,184
Lifetime Value Added
-$151k
Median Debt
-
Earnings (2yr)
$40,467
Natl Median: $71,953
Lifetime Value Added
-$311k
Median Debt
$33,092
Earnings (4yr)
$63,638
Natl Median: $67,030
Lifetime Value Added
-$107k
Median Debt
-
Earnings (4yr)
-
Natl Median: $124,201
Lifetime Value Added
N/A
Computer Science
MastCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $145,571
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$67,573
Natl Median: $63,399
Lifetime Value Added
-$72k
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,073
Lifetime Value Added
N/A
Median Debt
$30,949
Earnings (4yr)
$58,421
Natl Median: $62,269
Lifetime Value Added
-$155k
Median Debt
$21,304
Earnings (4yr)
$77,628
Natl Median: $71,685
Lifetime Value Added
+$17k
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,512
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,397
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,079
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,784
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,463
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,981
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,496
Lifetime Value Added
N/A
History
MastCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,360
Lifetime Value Added
N/A
Median Debt
$19,632
Earnings (4yr)
$111,444
Natl Median: $112,705
Lifetime Value Added
+$313k
Journalism
MastCIP: 0904
Median Debt
-
Earnings (5yr)
$64,521
Natl Median: $69,034
Lifetime Value Added
-$110k
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,306
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $124,807
Lifetime Value Added
N/A
Mathematics
MastCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $72,654
Lifetime Value Added
N/A
Music
MastCIP: 5009
Median Debt
-
Earnings (5yr)
$43,116
Natl Median: $48,285
Lifetime Value Added
-$310k
Median Debt
-
Earnings (4yr)
-
Natl Median: $74,607
Lifetime Value Added
N/A
Physics
MastCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $96,478
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,681
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $78,850
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$55,296
Natl Median: $70,515
Lifetime Value Added
-$184k
Median Debt
-
Earnings (4yr)
$76,893
Natl Median: $81,408
Lifetime Value Added
+$10k
Median Debt
-
Earnings (4yr)
-
Natl Median: $80,125
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$62,483
Natl Median: $75,972
Lifetime Value Added
-$117k
Real Estate
MastCIP: 5215
Median Debt
-
Earnings (4yr)
-
Natl Median: $135,104
Lifetime Value Added
N/A
Median Debt
$33,250
Earnings (4yr)
$117,260
Natl Median: $120,193
Lifetime Value Added
+$363k
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,216
Lifetime Value Added
N/A
Sociology
MastCIP: 4511
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,330
Lifetime Value Added
N/A
Median Debt
$27,000
Earnings (4yr)
$71,550
Natl Median: $64,397
Lifetime Value Added
-$37k
Sports, Kinesiology, and Physical Education/Fitness
MastCIP: 3105
Median Debt
-
Earnings (4yr)
$61,569
Natl Median: $62,033
Lifetime Value Added
-$126k
Statistics
MastCIP: 2705
Median Debt
-
Earnings (4yr)
-
Natl Median: $123,816
Lifetime Value Added
N/A
Median Debt
$16,516
Earnings (4yr)
$59,019
Natl Median: $60,111
Lifetime Value Added
-$149k
Median Debt
$24,000
Earnings (4yr)
$56,692
Natl Median: $59,916
Lifetime Value Added
-$171k
Median Debt
$22,600
Earnings (4yr)
$66,242
Natl Median: $63,707
Lifetime Value Added
-$83k
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,767
Lifetime Value Added
N/A

Graduate Certificates

Biotechnology
Gr-CertCIP: 2612
Median Debt
-
Earnings (4yr)
-
Natl Median: $98,951
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$87,358
Natl Median: $103,299
Lifetime Value Added
+$172k
Median Debt
-
Earnings (2yr)
$46,478
Natl Median: $65,509
Lifetime Value Added
-$194k
Economics
Gr-CertCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $118,588
Lifetime Value Added
N/A
Education, General
Gr-CertCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,448
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$95,300
Natl Median: $86,288
Lifetime Value Added
+$246k
Median Debt
-
Earnings (5yr)
$62,434
Natl Median: $80,077
Lifetime Value Added
-$62k
Music
Gr-CertCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,504
Lifetime Value Added
N/A
Public Administration
Gr-CertCIP: 4404
Median Debt
-
Earnings (4yr)
-
Natl Median: $78,022
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $126,911
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,095
Lifetime Value Added
N/A
Median Debt
$27,500
Earnings (4yr)
$65,194
Natl Median: $69,147
Lifetime Value Added
-$23k
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,709
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,444
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $71,178
Lifetime Value Added
N/A

Doctoral Degrees

Median Debt
$53,575
Earnings (4yr)
$98,442
Natl Median: $99,878
Lifetime Value Added
+$29k
Median Debt
-
Earnings (4yr)
-
Natl Median: $88,343
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $100,573
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,831
Lifetime Value Added
N/A
Music
DocCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,592
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $87,076
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $138,131
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $81,822
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 decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.