College ROI

Smarter Choices, Brighter Futures
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Framingham State University

Framingham, MA 2,556 Undergrads 61.6% Grad Rate
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Total Cost
$26,539
Sticker Price
Avg Net Price
$16,698
After Aid
Median Earnings
$52,349
10yr Post-Entry

Vs. Peer Institutions

Net Price$16,698
Peer Midpoint: $19,729.5
Earnings (10yr)$52,349
Peer Midpoint: $53,747
Graduation Rate61.6%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients37.8%
Enrollment Status
Full-Time90.7%
Economic Outcomes
Earn More than HS76.3%

Admissions Profile

Acceptance
84.9%
SAT Avg
1,150
SAT Reading
25th: 55054875th: 655
SAT Math
25th: 52053575th: 600
ACT Composite
25th: -2975th: -

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
+$456k
+$60k
-$28k
Median Cost$17k/yr
+$396k
-$302
-$88k
Full Cost$27k/yr
+$361k
-$36k
-$124k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$17k/yr
Never
-147%
Full Cost$27k/yr
Never
-129%
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-132%

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-85%
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

Apparel and Textiles
BachCIP: 1909
Median Debt
$26,000
Earnings (5yr)
$55,499
Lifetime Value Added
-$54k
Biology, General
BachCIP: 2601
Median Debt
$22,500
Earnings (2yr)
$38,289
Lifetime Value Added
-$177k
Business/Commerce, General
BachCIP: 5201
Median Debt
$25,000
Earnings (5yr)
$60,766
Lifetime Value Added
-$12k
Communications Technologies/Technicians and Support Services, Other
BachCIP: 1099
Median Debt
$24,000
Earnings (5yr)
$53,368
Lifetime Value Added
-$72k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
$25,000
Earnings (2yr)
$52,107
Lifetime Value Added
-$56k
Criminology
BachCIP: 4504
Median Debt
$25,000
Earnings (5yr)
$60,589
Lifetime Value Added
-$14k
English Language and Literature, General
BachCIP: 2301
Median Debt
$25,750
Earnings (5yr)
$44,166
Lifetime Value Added
-$148k
Finance and Financial Management Services
BachCIP: 5208
Median Debt
$26,000
Earnings (2yr)
$43,426
Lifetime Value Added
-$132k
Fine and Studio Arts
BachCIP: 5007
Median Debt
$24,960
Earnings (2yr)
$32,569
Lifetime Value Added
-$229k
Foods, Nutrition, and Related Services
BachCIP: 1905
Median Debt
$23,125
Earnings (5yr)
$62,081
Lifetime Value Added
-$2k
Geography and Cartography
BachCIP: 4507
Median Debt
-
Earnings (5yr)
$54,440
Lifetime Value Added
-$63k
History
BachCIP: 5401
Median Debt
$26,997
Earnings (2yr)
$28,019
Lifetime Value Added
-$270k
Liberal Arts and Sciences, General Studies and Humanities
BachCIP: 2401
Median Debt
$20,500
Earnings (5yr)
$53,727
Lifetime Value Added
-$69k
Management Information Systems and Services
BachCIP: 5212
Median Debt
-
Earnings (2yr)
$48,041
Lifetime Value Added
-$91k
Marketing
BachCIP: 5214
Median Debt
$24,454
Earnings (2yr)
$45,529
Lifetime Value Added
-$113k
Natural Resources Conservation and Research
BachCIP: 0301
Median Debt
-
Earnings (2yr)
$31,305
Lifetime Value Added
-$240k
Psychology, General
BachCIP: 4201
Median Debt
$25,000
Earnings (5yr)
$58,471
Lifetime Value Added
-$30k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
-
Earnings (2yr)
$76,460
Lifetime Value Added
+$142k
Sociology
BachCIP: 4511
Median Debt
$27,000
Earnings (5yr)
$56,071
Lifetime Value Added
-$50k

Master's Degrees

Bioethics/Medical Ethics
MastCIP: 5132
Median Debt
-
Earnings (2yr)
$94,408
Lifetime Value Added
+$410k
Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
-
Earnings (2yr)
$42,682
Lifetime Value Added
-$76k
Teacher Education and Professional Development, Specific Subject Areas
MastCIP: 1313
Median Debt
-
Earnings (5yr)
$73,482
Lifetime Value Added
+$181k
Teaching English or French as a Second or Foreign Language
MastCIP: 1314
Median Debt
-
Earnings (2yr)
$63,005
Lifetime Value Added
+$124k

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.