College ROI

Smarter Choices, Brighter Futures
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Carroll University

Waukesha, WI 2,525 Undergrads 66.8% Grad Rate
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Total Cost
$49,935
Sticker Price
Avg Net Price
$24,362
After Aid
Median Earnings
$58,009
10yr Post-Entry

Vs. Peer Institutions

Net Price$24,362
Peer Midpoint: $19,729.5
Earnings (10yr)$58,009
Peer Midpoint: $53,747
Graduation Rate66.8%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients22.9%
Enrollment Status
Full-Time96.0%
Economic Outcomes
Earn More than HS84.5%

Admissions Profile

Acceptance
58.4%
SAT Avg
1,209
SAT Reading
25th: 53059075th: 610
SAT Math
25th: 52059075th: 650
ACT Composite
25th: 222575th: 28

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
+$501k
+$105k
+$17k
Median Cost$24k/yr
+$414k
+$17k
-$71k
Full Cost$50k/yr
+$322k
-$75k
-$163k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
48
Median Cost$24k/yr
Never
-81%
Full Cost$50k/yr
Never
-91%
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-74%

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-81%
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

Accounting and Related Services
BachCIP: 5203
Median Debt
$25,434
Earnings (5yr)
$72,714
Lifetime Value Added
+$52k
Allied Health Diagnostic, Intervention, and Treatment Professions
BachCIP: 5109
Median Debt
$27,000
Earnings (5yr)
$49,525
Lifetime Value Added
-$131k
Biology, General
BachCIP: 2601
Median Debt
$27,000
Earnings (5yr)
$69,029
Lifetime Value Added
+$24k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$27,000
Earnings (5yr)
$67,677
Lifetime Value Added
+$14k
Communication and Media Studies
BachCIP: 0901
Median Debt
-
Earnings (5yr)
$57,287
Lifetime Value Added
-$67k
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (2yr)
$62,012
Lifetime Value Added
-$518
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
$27,000
Earnings (5yr)
$47,956
Lifetime Value Added
-$144k
Education, Other
BachCIP: 1399
Median Debt
-
Earnings (5yr)
$35,651
Lifetime Value Added
-$247k
English Language and Literature, General
BachCIP: 2301
Median Debt
-
Earnings (2yr)
$29,685
Lifetime Value Added
-$283k
Graphic Communications
BachCIP: 1003
Median Debt
$27,000
Earnings (5yr)
$55,027
Lifetime Value Added
-$86k
Health and Physical Education/Fitness
BachCIP: 3105
Median Debt
$27,000
Earnings (5yr)
$73,249
Lifetime Value Added
+$56k
Health Services/Allied Health/Health Sciences, General
BachCIP: 5100
Median Debt
-
Earnings (5yr)
$83,340
Lifetime Value Added
+$131k
History
BachCIP: 5401
Median Debt
-
Earnings (2yr)
$32,382
Lifetime Value Added
-$258k
Psychology, General
BachCIP: 4201
Median Debt
$27,000
Earnings (5yr)
$53,733
Lifetime Value Added
-$96k
Public Health
BachCIP: 5122
Median Debt
-
Earnings (5yr)
$63,762
Lifetime Value Added
-$16k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$27,000
Earnings (5yr)
$76,892
Lifetime Value Added
+$83k
Special Education and Teaching
BachCIP: 1310
Median Debt
-
Earnings (2yr)
$43,128
Lifetime Value Added
-$162k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$27,000
Earnings (5yr)
$45,538
Lifetime Value Added
-$164k
Zoology/Animal Biology
BachCIP: 2607
Median Debt
$27,000
Earnings (2yr)
$31,839
Lifetime Value Added
-$263k

Master's Degrees

Allied Health Diagnostic, Intervention, and Treatment Professions
MastCIP: 5109
Median Debt
$91,152
Earnings (5yr)
$125,835
Lifetime Value Added
+$615k
Business Administration, Management and Operations
MastCIP: 5202
Median Debt
-
Earnings (5yr)
$89,301
Lifetime Value Added
+$303k
Physiology, Pathology and Related Sciences
MastCIP: 2609
Median Debt
-
Earnings (5yr)
$52,089
Lifetime Value Added
-$25k
Teacher Education and Professional Development, Specific Levels and Methods
MastCIP: 1312
Median Debt
-
Earnings (5yr)
$66,141
Lifetime Value Added
+$103k

Professional Degrees

Rehabilitation and Therapeutic Professions
ProfCIP: 5123
Median Debt
$41,000
Earnings (5yr)
$82,762
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.