College ROI

Smarter Choices, Brighter Futures
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Empire State University

Saratoga Springs, NY 7,046 Undergrads 48.1% Grad Rate
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Total Cost
$18,221
Sticker Price
Avg Net Price
$11,147
After Aid
Median Earnings
$54,080
10yr Post-Entry

Vs. Peer Institutions

Net Price$11,147
Peer Midpoint: $19,729.5
Earnings (10yr)$54,080
Peer Midpoint: $53,747
Graduation Rate48.1%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients37.5%
Enrollment Status
Full-Time47.9%
Economic Outcomes
Earn More than HS75.0%

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
+$470k
+$74k
-$14k
Median Cost$11k/yr
+$430k
+$34k
-$54k
Full Cost$18k/yr
+$405k
+$8k
-$80k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$11k/yr
Never
-136%
Full Cost$18k/yr
Never
-122%
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-110%

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

Associate's Degrees

Business/Commerce, General
AssocCIP: 5201
Median Debt
$14,250
Earnings (5yr)
$44,720
Lifetime Value Added
-$34k
Community Organization and Advocacy
AssocCIP: 4402
Median Debt
$22,742
Earnings (5yr)
$48,453
Lifetime Value Added
+$3k
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
-
Earnings (5yr)
$53,804
Lifetime Value Added
+$54k

Bachelor's Degrees

Biological and Physical Sciences
BachCIP: 3001
Median Debt
-
Earnings (5yr)
$78,664
Lifetime Value Added
+$144k
Business/Commerce, General
BachCIP: 5201
Median Debt
$20,500
Earnings (5yr)
$67,879
Lifetime Value Added
+$63k
Community Organization and Advocacy
BachCIP: 4402
Median Debt
$19,000
Earnings (5yr)
$51,392
Lifetime Value Added
-$68k
Education, General
BachCIP: 1301
Median Debt
$13,183
Earnings (5yr)
$53,283
Lifetime Value Added
-$52k
English Language and Literature/Letters, Other
BachCIP: 2399
Median Debt
$20,750
Earnings (5yr)
$57,572
Lifetime Value Added
-$18k
Liberal Arts and Sciences, General Studies and Humanities
BachCIP: 2401
Median Debt
-
Earnings (5yr)
$48,295
Lifetime Value Added
-$93k
Psychology, General
BachCIP: 4201
Median Debt
$17,000
Earnings (5yr)
$47,632
Lifetime Value Added
-$99k
Public Administration and Social Service Professions, Other
BachCIP: 4499
Median Debt
-
Earnings (5yr)
$75,805
Lifetime Value Added
+$122k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$18,477
Earnings (5yr)
$103,577
Lifetime Value Added
+$330k
Visual and Performing Arts, General
BachCIP: 5001
Median Debt
-
Earnings (5yr)
$51,084
Lifetime Value Added
-$70k

Master's Degrees

Business Administration, Management and Operations
MastCIP: 5202
Median Debt
-
Earnings (5yr)
$98,851
Lifetime Value Added
+$409k

Graduate Certificates

Business Administration, Management and Operations
Gr-CertCIP: 5202
Median Debt
-
Earnings (5yr)
$81,491
Lifetime Value Added
+$337k

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.