College ROI

Smarter Choices, Brighter Futures
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DePauw University

Greencastle, IN 1,804 Undergrads 85.2% Grad Rate
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Total Cost
$72,560
Sticker Price
Avg Net Price
$24,546
After Aid
Median Earnings
$70,527
10yr Post-Entry

Vs. Peer Institutions

Net Price$24,546
Peer Midpoint: $19,729.5
Earnings (10yr)$70,527
Peer Midpoint: $53,747
Graduation Rate85.2%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients16.2%
Enrollment Status
Full-Time99.2%
Economic Outcomes
Earn More than HS81.9%

Admissions Profile

Acceptance
54.1%
SAT Avg
1,287
SAT Reading
25th: 57063075th: 680
SAT Math
25th: 57066075th: 750
ACT Composite
25th: 262875th: 31

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
+$597k
+$200k
+$113k
Median Cost$25k/yr
+$509k
+$112k
+$24k
Full Cost$73k/yr
+$336k
-$61k
-$149k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
31
Median Cost$25k/yr
51
27%
Full Cost$73k/yr
Never
-57%
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-16%

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-69%
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

Biology, General
BachCIP: 2601
Median Debt
$24,366
Earnings (5yr)
$68,322
Lifetime Value Added
+$18k
Communication and Media Studies
BachCIP: 0901
Median Debt
$27,000
Earnings (5yr)
$64,923
Lifetime Value Added
-$8k
Computer Science
BachCIP: 1107
Median Debt
$26,500
Earnings (5yr)
$107,140
Lifetime Value Added
+$309k
Economics
BachCIP: 4506
Median Debt
$26,932
Earnings (5yr)
$97,814
Lifetime Value Added
+$239k
Education, General
BachCIP: 1301
Median Debt
-
Earnings (2yr)
$22,192
Lifetime Value Added
-$352k
English Language and Literature, General
BachCIP: 2301
Median Debt
-
Earnings (5yr)
$59,324
Lifetime Value Added
-$52k
Health and Physical Education/Fitness
BachCIP: 3105
Median Debt
$27,000
Earnings (5yr)
$65,572
Lifetime Value Added
-$3k
Music
BachCIP: 5009
Median Debt
$27,000
Earnings (5yr)
$42,010
Lifetime Value Added
-$194k
Political Science and Government
BachCIP: 4510
Median Debt
$27,000
Earnings (5yr)
$61,602
Lifetime Value Added
-$34k
Psychology, General
BachCIP: 4201
Median Debt
$27,000
Earnings (5yr)
$50,124
Lifetime Value Added
-$126k
Rhetoric and Composition/Writing Studies
BachCIP: 2313
Median Debt
-
Earnings (5yr)
$58,790
Lifetime Value Added
-$56k
Romance Languages, Literatures, and Linguistics
BachCIP: 1609
Median Debt
$27,000
Earnings (5yr)
$68,130
Lifetime Value Added
+$17k
Sociology
BachCIP: 4511
Median Debt
-
Earnings (5yr)
$71,581
Lifetime Value Added
+$42k

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.