College ROI

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Carrington College-Phoenix North

Phoenix, AZ 1,087 Undergrads 68.5% Grad Rate
School Website|Financial Calculator
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Total Cost
-
Sticker Price
Avg Net Price
-
After Aid
Median Earnings
$36,718
10yr Post-Entry

Vs. Peer Institutions

Net Price-
Peer Midpoint: $16,832
Earnings (10yr)$36,718
Peer Midpoint: $31,349
Graduation Rate68.5%
Peer Midpoint: 66.3%
Socio-Economic Diversity
Pell Grant Recipients54.4%
Enrollment Status
Full-Time100.0%
Economic Outcomes
Earn More than HS59.0%

Admissions Profile

Acceptance
100.0%
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
+$394k
+$70k
-$90k
Median CostN/A
N/A
N/A
N/A
Full CostN/A
N/A
N/A
N/A

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median CostN/A
N/A
N/A
Full CostN/A
N/A
N/A
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%.
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

Certificates

Allied Health and Medical Assisting Services
CertCIP: 5108
Median Debt
$8,958
Earnings (5yr)
$32,835
Lifetime Value Added
-$102k
Dental Support Services and Allied Professions
CertCIP: 5106
Median Debt
$8,789
Earnings (5yr)
$31,832
Lifetime Value Added
-$113k
Health Aides/Attendants/Orderlies
CertCIP: 5126
Median Debt
$7,222
Earnings (5yr)
$30,608
Lifetime Value Added
-$126k
Health and Medical Administrative Services
CertCIP: 5107
Median Debt
$9,431
Earnings (5yr)
$36,496
Lifetime Value Added
-$62k
Veterinary/Animal Health Technologies/Technicians
CertCIP: 0183
Median Debt
$7,186
Earnings (5yr)
$32,522
Lifetime Value Added
-$105k

Associate's Degrees

Allied Health and Medical Assisting Services
AssocCIP: 5108
Median Debt
$28,291
Earnings (5yr)
$62,764
Lifetime Value Added
+$159k
Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
-
Earnings (5yr)
$73,543
Lifetime Value Added
+$255k
Clinical/Medical Laboratory Science/Research and Allied Professions
AssocCIP: 5110
Median Debt
-
Earnings (2yr)
$37,568
Lifetime Value Added
-$61k
Dental Support Services and Allied Professions
AssocCIP: 5106
Median Debt
$27,688
Earnings (5yr)
$64,122
Lifetime Value Added
+$171k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$32,311
Earnings (5yr)
$84,782
Lifetime Value Added
+$354k

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.