College ROI

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Erie Institute of Technology Inc

Erie, PA 221 Undergrads 72.1% Grad Rate
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Total Cost
$38,471
Sticker Price
Avg Net Price
$30,164
After Aid
Median Earnings
$48,489
4yr Post-Grad

Vs. Peer Institutions

Net Price$30,164
Peer Midpoint: $17,334
Earnings (4yr Post-Grad)Completers only after graduation
$48,489
Peer Midpoint: $34,461
Earnings (10yr Post-Enroll)All enrolled after enrollment
$41,951
Peer Midpoint: $31,599
Graduation Rate72.1%
Peer Midpoint: 68.7%
Average Starting Age29.6
Warning: High average starting age indicates non-traditional students with prior work experience, which may inflate the median earnings shown.
Socio-Economic Diversity
Pell Grant Recipients48.9%
Enrollment Status
Full-Time100.0%
Economic Outcomes
Earn More than HS64.5%

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)
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$560k
+$169k
+$76k
Median Cost$30k/yr
+$532k
+$141k
+$48k
Full Cost$38k/yr
+$525k
+$133k
+$40k

ROI Efficiency Metrics
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
24
Median Cost$30k/yr
30
172%
Full Cost$38k/yr
33
113%
Analysis Assumptions:
  • Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).⚠️ Warning: The high average starting age or low completion rate may inflate the Median earnings and ROI shown.
  • 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
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

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 Return316%

Gov. Pell Grant ROINew
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

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 Return6%
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
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

Certificates

Business Operations Support and Assistant Services
CertCIP: 5204
Median Debt
-
Earnings (4yr)
-
Natl Median: $32,681
Lifetime Value Added
N/A
Electrical and Power Transmission Installers
CertCIP: 4603
Median Debt
$11,152
Earnings (4yr)
$57,554
Natl Median: $53,078
Lifetime Value Added
+$143k
Electrical/Electronic Engineering Technologies/Technicians
CertCIP: 1503
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,492
Lifetime Value Added
N/A
Environmental Control Technologies/Technicians
CertCIP: 1505
Median Debt
$10,688
Earnings (4yr)
$50,596
Natl Median: $45,268
Lifetime Value Added
+$71k
Heavy/Industrial Equipment Maintenance Technologies/Technicians
CertCIP: 4703
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,199
Lifetime Value Added
N/A
Precision Metal Working
CertCIP: 4805
Median Debt
$8,475
Earnings (4yr)
$49,189
Natl Median: $48,702
Lifetime Value Added
+$56k
Vehicle Maintenance and Repair Technologies/Technicians
CertCIP: 4706
Median Debt
$8,206
Earnings (4yr)
-
Natl Median: $51,586
Lifetime Value Added
N/A

Associate's Degrees

Computer and Information Sciences and Support Services, Other
AssocCIP: 1199
Median Debt
-
Earnings (4yr)
$49,126
Natl Median: $55,378
Lifetime Value Added
-$16k
Computer Software and Media Applications
AssocCIP: 1108
Median Debt
-
Earnings (2yr)
$18,315
Natl Median: $41,737
Lifetime Value Added
-$323k
Electrical/Electronic Engineering Technologies/Technicians
AssocCIP: 1503
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,792
Lifetime Value Added
N/A
Electromechanical Technologies/Technicians
AssocCIP: 1504
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,046
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 decision moving forward. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.