College ROI

Smarter Choices, Brighter Futures
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Emerson College

Boston, MA 4,145 Undergrads 79.7% Grad Rate
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Total Cost
$77,153
Sticker Price
Avg Net Price
$46,766
After Aid
Median Earnings
$62,832
10yr Post-Entry

Vs. Peer Institutions

Net Price$46,766
Peer Midpoint: $19,729.5
Earnings (10yr)$62,832
Peer Midpoint: $53,747
Graduation Rate79.7%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients15.1%
Enrollment Status
Full-Time99.1%
Economic Outcomes
Earn More than HS63.8%

Admissions Profile

Acceptance
47.5%
SAT Avg
1,359
SAT Reading
25th: 65066575th: 720
SAT Math
25th: 60063575th: 690
ACT Composite
25th: 303075th: 33

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
+$539k
+$142k
+$54k
Median Cost$47k/yr
+$371k
-$26k
-$114k
Full Cost$77k/yr
+$261k
-$135k
-$223k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
37
Median Cost$47k/yr
Never
-68%
Full Cost$77k/yr
Never
-80%
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-59%

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-82%
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

Communication and Media Studies
BachCIP: 0901
Median Debt
$23,717
Earnings (5yr)
$62,654
Lifetime Value Added
-$106k
Communication Disorders Sciences and Services
BachCIP: 5102
Median Debt
$26,000
Earnings (2yr)
$21,508
Lifetime Value Added
-$438k
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
$25,000
Earnings (5yr)
$33,947
Lifetime Value Added
-$342k
Film/Video and Photographic Arts
BachCIP: 5006
Median Debt
$23,250
Earnings (5yr)
$52,518
Lifetime Value Added
-$187k
Journalism
BachCIP: 0904
Median Debt
$23,610
Earnings (5yr)
$61,538
Lifetime Value Added
-$114k
Marketing
BachCIP: 5214
Median Debt
$21,500
Earnings (5yr)
$72,291
Lifetime Value Added
-$32k
Public Relations, Advertising, and Applied Communication
BachCIP: 0909
Median Debt
$23,719
Earnings (5yr)
$63,073
Lifetime Value Added
-$102k
Radio, Television, and Digital Communication
BachCIP: 0907
Median Debt
-
Earnings (5yr)
$53,550
Lifetime Value Added
-$178k
Rhetoric and Composition/Writing Studies
BachCIP: 2313
Median Debt
$23,776
Earnings (5yr)
$49,817
Lifetime Value Added
-$209k
Teacher Education and Professional Development, Specific Subject Areas
BachCIP: 1313
Median Debt
-
Earnings (5yr)
$59,912
Lifetime Value Added
-$127k

Master's Degrees

Business/Corporate Communications
MastCIP: 5205
Median Debt
-
Earnings (2yr)
$57,318
Lifetime Value Added
+$15k
Communication and Media Studies
MastCIP: 0901
Median Debt
-
Earnings (5yr)
$69,644
Lifetime Value Added
+$92k
Communication Disorders Sciences and Services
MastCIP: 5102
Median Debt
$54,435
Earnings (5yr)
$74,461
Lifetime Value Added
+$134k
Journalism
MastCIP: 0904
Median Debt
-
Earnings (5yr)
$73,141
Lifetime Value Added
+$123k
Marketing
MastCIP: 5214
Median Debt
$41,000
Earnings (5yr)
$91,573
Lifetime Value Added
+$281k
Public Relations, Advertising, and Applied Communication
MastCIP: 0909
Median Debt
-
Earnings (2yr)
$57,318
Lifetime Value Added
+$15k
Publishing
MastCIP: 0910
Median Debt
$44,360
Earnings (5yr)
$57,769
Lifetime Value Added
-$13k
Rhetoric and Composition/Writing Studies
MastCIP: 2313
Median Debt
$61,500
Earnings (5yr)
$54,374
Lifetime Value Added
-$45k
Teacher Education and Professional Development, Specific Subject Areas
MastCIP: 1313
Median Debt
$41,000
Earnings (5yr)
$56,755
Lifetime Value Added
-$23k

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.