College ROI

Smarter Choices, Brighter Futures
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Converse University

Spartanburg, SC 845 Undergrads 57.0% Grad Rate
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Total Cost
$35,669
Sticker Price
Avg Net Price
$19,712
After Aid
Median Earnings
$40,867
10yr Post-Entry

Vs. Peer Institutions

Net Price$19,712
Peer Midpoint: $19,729.5
Earnings (10yr)$40,867
Peer Midpoint: $53,747
Graduation Rate57.0%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients41.3%
Enrollment Status
Full-Time97.2%
Economic Outcomes
Earn More than HS57.3%

Admissions Profile

Acceptance
64.0%
SAT Avg
1,124
SAT Reading
25th: 520-75th: 640
SAT Math
25th: 510-75th: 598
ACT Composite
25th: 21-75th: 26

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
+$362k
-$34k
-$122k
Median Cost$20k/yr
+$291k
-$105k
-$193k
Full Cost$36k/yr
+$234k
-$162k
-$250k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$20k/yr
Never
-272%
Full Cost$36k/yr
Never
-195%
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-247%

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-116%
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

Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$23,250
Earnings (2yr)
$33,993
Lifetime Value Added
-$227k
Design and Applied Arts
BachCIP: 5004
Median Debt
-
Earnings (2yr)
$30,409
Lifetime Value Added
-$259k
Psychology, General
BachCIP: 4201
Median Debt
$27,000
Earnings (5yr)
$42,361
Lifetime Value Added
-$174k

Master's Degrees

Educational Administration and Supervision
MastCIP: 1304
Median Debt
-
Earnings (5yr)
$69,884
Lifetime Value Added
+$144k
Mental and Social Health Services and Allied Professions
MastCIP: 5115
Median Debt
-
Earnings (5yr)
$43,097
Lifetime Value Added
-$102k
Special Education and Teaching
MastCIP: 1310
Median Debt
-
Earnings (2yr)
$39,009
Lifetime Value Added
-$119k
Teacher Education and Professional Development, Specific Levels and Methods
MastCIP: 1312
Median Debt
$35,076
Earnings (5yr)
$46,995
Lifetime Value Added
-$65k

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.