College ROI

Smarter Choices, Brighter Futures
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Carteret Community College

Morehead City, NC 1,172 Undergrads 37.5% Grad Rate
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Total Cost
$19,621
Sticker Price
Avg Net Price
$10,764
After Aid
Median Earnings
$41,388
4yr Post-Grad

Vs. Peer Institutions

Net Price$10,764
Peer Midpoint: $17,333.5
Earnings (4yr Post-Grad)$41,388
Peer Midpoint: $34,461
Graduation Rate37.5%
Peer Midpoint: 68.7%
Socio-Economic Diversity
Pell Grant Recipients50.7%
Enrollment Status
Full-Time53.2%
Economic Outcomes
Earn More than HS53.1%

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
+$484k
+$92k
-$657
Median Cost$11k/yr
+$474k
+$82k
-$11k
Full Cost$20k/yr
+$466k
+$74k
-$19k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$11k/yr
Never
-107%
Full Cost$20k/yr
Never
-104%
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-82%

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-65%
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

Agricultural Production Operations
CertCIP: 0103
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,010
Lifetime Value Added
N/A
Allied Health and Medical Assisting Services
CertCIP: 5108
Median Debt
-
Earnings (5yr)
$30,289
Natl Median: $34,272
Lifetime Value Added
-$140k
Audiovisual Communications Technologies/Technicians
CertCIP: 1002
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,223
Lifetime Value Added
N/A
Business Administration, Management and Operations
CertCIP: 5202
Median Debt
-
Earnings (4yr)
$39,820
Natl Median: $47,440
Lifetime Value Added
-$28k
Computer and Information Sciences, General
CertCIP: 1101
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,984
Lifetime Value Added
N/A
Cosmetology and Related Personal Grooming Services
CertCIP: 1204
Median Debt
-
Earnings (2yr)
$13,702
Natl Median: $26,307
Lifetime Value Added
-$314k
Criminal Justice and Corrections
CertCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,702
Lifetime Value Added
N/A
Culinary Arts and Related Services
CertCIP: 1205
Median Debt
-
Earnings (4yr)
-
Natl Median: $30,572
Lifetime Value Added
N/A
Hospitality Administration/Management
CertCIP: 5209
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,962
Lifetime Value Added
N/A
Mental and Social Health Services and Allied Professions
CertCIP: 5115
Median Debt
-
Earnings (4yr)
$36,893
Natl Median: $43,365
Lifetime Value Added
-$60k
Practical Nursing, Vocational Nursing and Nursing Assistants
CertCIP: 5139
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,073
Lifetime Value Added
N/A
Somatic Bodywork and Related Therapeutic Services
CertCIP: 5135
Median Debt
-
Earnings (4yr)
-
Natl Median: $29,652
Lifetime Value Added
N/A
Teacher Education and Professional Development, Specific Levels and Methods
CertCIP: 1312
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,631
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
CertCIP: 4706
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,586
Lifetime Value Added
N/A

Associate's Degrees

Agricultural Production Operations
AssocCIP: 0103
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,438
Lifetime Value Added
N/A
Allied Health and Medical Assisting Services
AssocCIP: 5108
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,269
Lifetime Value Added
N/A
Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
-
Earnings (4yr)
$60,840
Natl Median: $65,389
Lifetime Value Added
+$133k
Audiovisual Communications Technologies/Technicians
AssocCIP: 1002
Median Debt
-
Earnings (4yr)
-
Natl Median: $35,660
Lifetime Value Added
N/A
Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,733
Lifetime Value Added
N/A
Computer and Information Sciences, General
AssocCIP: 1101
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,246
Lifetime Value Added
N/A
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,706
Lifetime Value Added
N/A
Culinary Arts and Related Services
AssocCIP: 1205
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,605
Lifetime Value Added
N/A
Health and Medical Administrative Services
AssocCIP: 5107
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,073
Lifetime Value Added
N/A
Hospitality Administration/Management
AssocCIP: 5209
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,099
Lifetime Value Added
N/A
Legal Support Services
AssocCIP: 2203
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,669
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
-
Earnings (4yr)
$41,798
Natl Median: $44,125
Lifetime Value Added
-$53k
Mental and Social Health Services and Allied Professions
AssocCIP: 5115
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,734
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
-
Earnings (4yr)
$64,212
Natl Median: $80,813
Lifetime Value Added
+$164k
Somatic Bodywork and Related Therapeutic Services
AssocCIP: 5135
Median Debt
-
Earnings (4yr)
-
Natl Median: $29,755
Lifetime Value Added
N/A
Teacher Education and Professional Development, Specific Levels and Methods
AssocCIP: 1312
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,656
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.