College ROI

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Erwin Technical College

Tampa, FL 581 Undergrads 80.7% Grad Rate
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Total Cost
$14,585
Sticker Price
Avg Net Price
$4,095
After Aid
Median Earnings
$44,491
5yr Post-Grad

Vs. Peer Institutions

Net Price$4,095
Peer Midpoint: $17,726
Earnings (5yr Post-Grad)Completers only after graduation
$44,491
Peer Midpoint: $36,184
Earnings (10yr Post-Enroll)All enrolled after enrollment
$44,667
Peer Midpoint: $36,543
Graduation Rate80.7%
Peer Midpoint: 69.9%
Average Starting Age27.2
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 Recipients20.0%
Enrollment Status
Full-Time100.0%
Economic Outcomes
Earn More than HS52.8%

Admissions Profile

Acceptance
100.0%
SAT Avg
-
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: --75th: -

ROI Sensitivity Analysis
Assuming 1 Year to Graduation

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
+$510k
+$106k
+$24k
Median Cost$4k/yr
+$506k
+$102k
+$20k
Full Cost$15k/yr
+$497k
+$92k
+$10k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
31
∞
Median Cost$4k/yr
33
523%
Full Cost$15k/yr
42
75%
Analysis Assumptions:
  • Starting Salary: Estimated from the median earnings five years after graduating, with four years of 2% raises taken out.⚠️ 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

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 Return262%

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 Return16%

Program ROI Analysis

These figures are medians for past graduates who received federal aid. Your cost and pay will differ. Run your own numbers in the Guided ROI Interview →

Certificates

Median Debt
-
Earnings (4yr)
$34,408
Natl Median: $44,589
Lifetime Value Added
-$81k
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,272
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$54,867
Natl Median: $57,584
Lifetime Value Added
+$141k
Carpenters
CertCIP: 4602
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,835
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$58,159
Natl Median: $38,675
Lifetime Value Added
+$175k
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,162
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$21,335
Natl Median: $26,307
Lifetime Value Added
-$228k
Median Debt
-
Earnings (4yr)
-
Natl Median: $30,572
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,673
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,359
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$36,613
Natl Median: $53,078
Lifetime Value Added
-$57k
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,796
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$42,387
Natl Median: $35,447
Lifetime Value Added
+$6k
Median Debt
-
Earnings (2yr)
$25,194
Natl Median: $49,996
Lifetime Value Added
-$173k
Median Debt
-
Earnings (4yr)
$53,121
Natl Median: $56,073
Lifetime Value Added
+$122k
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,702
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$30,153
Natl Median: $29,652
Lifetime Value Added
-$129k
Vehicle Maintenance and Repair Technologies/Technicians
CertCIP: 4706
Median Debt
-
Earnings (4yr)
$40,842
Natl Median: $51,586
Lifetime Value Added
-$10k

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. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. 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.