College ROI

Smarter Choices, Brighter Futures
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Elgin Community College

Elgin, IL 6,648 Undergrads 32.5% Grad Rate
Share
Total Cost
$10,408
Sticker Price
Avg Net Price
$6,026
After Aid
Median Earnings
$54,220
4yr Post-Grad

Vs. Peer Institutions

Net Price$6,026
Peer Midpoint: $17,333.5
Earnings (4yr Post-Grad)$54,220
Peer Midpoint: $34,461
Graduation Rate32.5%
Peer Midpoint: 68.7%
Socio-Economic Diversity
Pell Grant Recipients26.6%
Enrollment Status
Full-Time41.4%
Economic Outcomes
Earn More than HS65.5%

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
+$621k
+$230k
+$137k
Median Cost$6k/yr
+$616k
+$224k
+$131k
Full Cost$10k/yr
+$611k
+$220k
+$127k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
22
Median Cost$6k/yr
22
2346%
Full Cost$10k/yr
23
1316%
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 Return2652%

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 Return572%
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

Accounting and Related Services
CertCIP: 5203
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,589
Lifetime Value Added
N/A
Allied Health and Medical Assisting Services
CertCIP: 5108
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,272
Lifetime Value Added
N/A
Allied Health Diagnostic, Intervention, and Treatment Professions
CertCIP: 5109
Median Debt
-
Earnings (5yr)
$59,006
Natl Median: $57,584
Lifetime Value Added
+$169k
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)
-
Natl Median: $47,440
Lifetime Value Added
N/A
Business Operations Support and Assistant Services
CertCIP: 5204
Median Debt
-
Earnings (4yr)
-
Natl Median: $32,681
Lifetime Value Added
N/A
Clinical/Medical Laboratory Science/Research and Allied Professions
CertCIP: 5110
Median Debt
-
Earnings (4yr)
-
Natl Median: $38,675
Lifetime Value Added
N/A
Computer/Information Technology Administration and Management
CertCIP: 1110
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,615
Lifetime Value Added
N/A
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
Dental Support Services and Allied Professions
CertCIP: 5106
Median Debt
-
Earnings (5yr)
$34,668
Natl Median: $33,673
Lifetime Value Added
-$88k
Design and Applied Arts
CertCIP: 5004
Median Debt
-
Earnings (4yr)
-
Natl Median: $36,116
Lifetime Value Added
N/A
Drafting/Design Engineering Technologies/Technicians
CertCIP: 1513
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,359
Lifetime Value Added
N/A
Electromechanical Technologies/Technicians
CertCIP: 1504
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,202
Lifetime Value Added
N/A
Entrepreneurial and Small Business Operations
CertCIP: 5207
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,211
Lifetime Value Added
N/A
Fire Protection
CertCIP: 4302
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,436
Lifetime Value Added
N/A
Graphic Communications
CertCIP: 1003
Median Debt
-
Earnings (4yr)
-
Natl Median: $32,130
Lifetime Value Added
N/A
Ground Transportation
CertCIP: 4902
Median Debt
$2,952
Earnings (4yr)
$67,995
Natl Median: $52,118
Lifetime Value Added
+$271k
Health and Medical Administrative Services
CertCIP: 5107
Median Debt
-
Earnings (4yr)
-
Natl Median: $35,447
Lifetime Value Added
N/A
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR)
CertCIP: 4702
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,148
Lifetime Value Added
N/A
Heavy/Industrial Equipment Maintenance Technologies/Technicians
CertCIP: 4703
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,199
Lifetime Value Added
N/A
Hospitality Administration/Management
CertCIP: 5209
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,962
Lifetime Value Added
N/A
Human Development, Family Studies, and Related Services
CertCIP: 1907
Median Debt
-
Earnings (4yr)
-
Natl Median: $31,135
Lifetime Value Added
N/A
Legal Support Services
CertCIP: 2203
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,747
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
CertCIP: 2401
Median Debt
-
Earnings (5yr)
$45,262
Natl Median: $44,906
Lifetime Value Added
+$26k
Linguistic, Comparative, and Related Language Studies and Services
CertCIP: 1601
Median Debt
-
Earnings (4yr)
-
Natl Median: $45,242
Lifetime Value Added
N/A
Mental and Social Health Services and Allied Professions
CertCIP: 5115
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,365
Lifetime Value Added
N/A
Practical Nursing, Vocational Nursing and Nursing Assistants
CertCIP: 5139
Median Debt
-
Earnings (5yr)
$68,335
Natl Median: $56,073
Lifetime Value Added
+$261k
Precision Metal Working
CertCIP: 4805
Median Debt
-
Earnings (5yr)
$45,746
Natl Median: $48,702
Lifetime Value Added
+$31k
Public Administration and Social Service Professions, Other
CertCIP: 4499
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,573
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
Sports, Kinesiology, and Physical Education/Fitness
CertCIP: 3105
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,647
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)
$58,490
Natl Median: $51,586
Lifetime Value Added
+$175k

Associate's Degrees

Accounting and Related Services
AssocCIP: 5203
Median Debt
-
Earnings (2yr)
$16,921
Natl Median: $47,660
Lifetime Value Added
-$294k
Allied Health and Medical Assisting Services
AssocCIP: 5108
Median Debt
-
Earnings (5yr)
$54,545
Natl Median: $42,269
Lifetime Value Added
+$71k
Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
-
Earnings (5yr)
$59,626
Natl Median: $65,389
Lifetime Value Added
+$119k
Biological and Physical Sciences
AssocCIP: 3001
Median Debt
-
Earnings (4yr)
$67,323
Natl Median: $50,181
Lifetime Value Added
+$201k
Biology, General
AssocCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,758
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
Business Operations Support and Assistant Services
AssocCIP: 5204
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,587
Lifetime Value Added
N/A
Business/Commerce, General
AssocCIP: 5201
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,927
Lifetime Value Added
N/A
Clinical/Medical Laboratory Science/Research and Allied Professions
AssocCIP: 5110
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,472
Lifetime Value Added
N/A
Computer/Information Technology Administration and Management
AssocCIP: 1110
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,726
Lifetime Value Added
N/A
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
-
Earnings (5yr)
$52,833
Natl Median: $46,706
Lifetime Value Added
+$55k
Culinary Arts and Related Services
AssocCIP: 1205
Median Debt
-
Earnings (5yr)
$35,918
Natl Median: $39,605
Lifetime Value Added
-$111k
Data Entry/Microcomputer Applications
AssocCIP: 1106
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,480
Lifetime Value Added
N/A
Design and Applied Arts
AssocCIP: 5004
Median Debt
-
Earnings (5yr)
$39,299
Natl Median: $38,127
Lifetime Value Added
-$78k
Drafting/Design Engineering Technologies/Technicians
AssocCIP: 1513
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,895
Lifetime Value Added
N/A
Electromechanical Technologies/Technicians
AssocCIP: 1504
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,046
Lifetime Value Added
N/A
Engineering, General
AssocCIP: 1401
Median Debt
-
Earnings (5yr)
$46,125
Natl Median: $72,916
Lifetime Value Added
-$10k
Entrepreneurial and Small Business Operations
AssocCIP: 5207
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,095
Lifetime Value Added
N/A
Fine and Studio Arts
AssocCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $31,650
Lifetime Value Added
N/A
Fire Protection
AssocCIP: 4302
Median Debt
-
Earnings (5yr)
$56,377
Natl Median: $73,589
Lifetime Value Added
+$88k
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR)
AssocCIP: 4702
Median Debt
-
Earnings (5yr)
$66,349
Natl Median: $58,236
Lifetime Value Added
+$180k
Heavy/Industrial Equipment Maintenance Technologies/Technicians
AssocCIP: 4703
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,017
Lifetime Value Added
N/A
Human Development, Family Studies, and Related Services
AssocCIP: 1907
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,184
Lifetime Value Added
N/A
Legal Support Services
AssocCIP: 2203
Median Debt
-
Earnings (5yr)
$53,776
Natl Median: $44,669
Lifetime Value Added
+$64k
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
$6,500
Earnings (4yr)
$51,556
Natl Median: $44,125
Lifetime Value Added
+$52k
Marketing
AssocCIP: 5214
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,264
Lifetime Value Added
N/A
Mental and Social Health Services and Allied Professions
AssocCIP: 5115
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,734
Lifetime Value Added
N/A
Music
AssocCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,056
Lifetime Value Added
N/A
Precision Metal Working
AssocCIP: 4805
Median Debt
-
Earnings (5yr)
$58,487
Natl Median: $56,451
Lifetime Value Added
+$108k
Psychology, General
AssocCIP: 4201
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,288
Lifetime Value Added
N/A
Public Administration and Social Service Professions, Other
AssocCIP: 4499
Median Debt
-
Earnings (5yr)
$31,857
Natl Median: $40,506
Lifetime Value Added
-$152k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$8,680
Earnings (4yr)
$75,918
Natl Median: $80,813
Lifetime Value Added
+$278k
Rhetoric and Composition/Writing Studies
AssocCIP: 2313
Median Debt
-
Earnings (4yr)
-
Natl Median: $38,641
Lifetime Value Added
N/A
Sports, Kinesiology, and Physical Education/Fitness
AssocCIP: 3105
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,162
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
AssocCIP: 4706
Median Debt
-
Earnings (5yr)
$52,105
Natl Median: $58,424
Lifetime Value Added
+$48k

Other Programs

Basic Skills and Developmental/Remedial Education
DegCIP: 3201
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,555
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
DegCIP: 2401
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,308
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.