College ROI

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California Institute of the Arts

Valencia, CA 881 Undergrads 71.5% Grad Rate
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Total Cost
$78,425
Sticker Price
Avg Net Price
$47,183
After Aid
Median Earnings
$41,198
10yr Post-Entry

Vs. Peer Institutions

Net Price$47,183
Peer Midpoint: $19,729.5
Earnings (10yr)$41,198
Peer Midpoint: $53,747
Graduation Rate71.5%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients22.4%
Enrollment Status
Full-Time99.0%
Economic Outcomes
Earn More than HS48.3%

Admissions Profile

Acceptance
25.9%
SAT Avg
-
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: --75th: -

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
+$365k
-$31k
-$119k
Median Cost$47k/yr
+$195k
-$201k
-$289k
Full Cost$78k/yr
+$83k
-$314k
-$401k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$47k/yr
Never
-170%
Full Cost$78k/yr
Never
-142%
Analysis Assumptions:
  • Starting Salary: Estimated from the 10-year 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-165%

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-107%
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

Bachelor's Degrees

Dance
BachCIP: 5003
Median Debt
-
Earnings (5yr)
$45,119
Lifetime Value Added
-$249k
Design and Applied Arts
BachCIP: 5004
Median Debt
-
Earnings (2yr)
$49,840
Lifetime Value Added
-$185k
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
$27,000
Earnings (5yr)
$35,299
Lifetime Value Added
-$332k
Film/Video and Photographic Arts
BachCIP: 5006
Median Debt
$27,000
Earnings (2yr)
$20,140
Lifetime Value Added
-$452k
Music
BachCIP: 5009
Median Debt
$19,500
Earnings (5yr)
$32,376
Lifetime Value Added
-$357k

Master's Degrees

Drama/Theatre Arts and Stagecraft
MastCIP: 5005
Median Debt
$109,180
Earnings (5yr)
$32,874
Lifetime Value Added
-$252k
Film/Video and Photographic Arts
MastCIP: 5006
Median Debt
$96,000
Earnings (5yr)
$36,024
Lifetime Value Added
-$222k
Fine and Studio Arts
MastCIP: 5007
Median Debt
-
Earnings (2yr)
$23,456
Lifetime Value Added
-$331k
Music
MastCIP: 5009
Median Debt
$44,150
Earnings (5yr)
$33,784
Lifetime Value Added
-$243k
Rhetoric and Composition/Writing Studies
MastCIP: 2313
Median Debt
$61,000
Earnings (5yr)
$50,363
Lifetime Value Added
-$83k

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate, 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 should not be compared with those Undergraduate Certificates, Associates or Bachelors starting at age 18.