College ROI

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Framingham State University

Framingham, MA 2,566 Undergrads 58.1% Grad Rate
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Total Cost
$27,413
Sticker Price
Avg Net Price
$16,114
After Aid
Median Earnings
$61,569
4yr Post-Grad

Vs. Peer Institutions

Net Price$16,114
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$61,569
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$52,349
Peer Midpoint: $53,763
Graduation Rate58.1%
Peer Midpoint: 58.9%
Average Starting Age21.3
Socio-Economic Diversity
Pell Grant Recipients39.4%
Enrollment Status
Full-Time92.7%
Economic Outcomes
Earn More than HS76.3%

Admissions Profile

Acceptance
83.6%
SAT Avg
1,180
SAT Reading
25th: 57054875th: 650
SAT Math
25th: 53053575th: 630
ACT Composite
25th: -2975th: -

ROI Sensitivity Analysis
Assuming 4 Years 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
+$548k
+$81k
+$64k
Median Cost$16k/yr
+$490k
+$23k
+$6k
Full Cost$27k/yr
+$450k
-$17k
-$35k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
36
∞
Median Cost$16k/yr
59
10%
Full Cost$27k/yr
Never
-35%
Analysis Assumptions:
  • Starting Salary: Estimated from the 4-year post-graduation 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 Return33%

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-43%
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, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.

Program ROI Analysis

Bachelor's Degrees

Median Debt
$25,000
Earnings (4yr)
$75,038
Natl Median: $76,194
Lifetime Value Added
+$110k
Median Debt
$26,000
Earnings (4yr)
$57,124
Natl Median: $57,640
Lifetime Value Added
-$30k
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$22,500
Earnings (4yr)
$59,676
Natl Median: $57,214
Lifetime Value Added
-$9k
Median Debt
$25,000
Earnings (4yr)
$62,467
Natl Median: $68,407
Lifetime Value Added
+$13k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Median Debt
$24,000
Earnings (4yr)
$59,555
Natl Median: $47,916
Lifetime Value Added
-$10k
Median Debt
$25,000
Earnings (4yr)
$82,590
Natl Median: $92,374
Lifetime Value Added
+$168k
Criminology
BachCIP: 4504
Median Debt
$25,000
Earnings (4yr)
$59,857
Natl Median: $55,556
Lifetime Value Added
-$8k
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,490
Lifetime Value Added
N/A
Economics
BachCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,686
Lifetime Value Added
N/A
Median Debt
$25,750
Earnings (4yr)
$53,400
Natl Median: $48,590
Lifetime Value Added
-$60k
Median Debt
$26,000
Earnings (4yr)
$63,582
Natl Median: $83,343
Lifetime Value Added
+$22k
Median Debt
$24,960
Earnings (4yr)
$43,582
Natl Median: $41,367
Lifetime Value Added
-$143k
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,873
Lifetime Value Added
N/A
Median Debt
$23,125
Earnings (4yr)
$59,202
Natl Median: $54,945
Lifetime Value Added
-$13k
Median Debt
-
Earnings (4yr)
$53,840
Natl Median: $57,853
Lifetime Value Added
-$57k
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,190
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
$26,997
Earnings (4yr)
$49,656
Natl Median: $50,680
Lifetime Value Added
-$92k
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,201
Lifetime Value Added
N/A
International/Globalization Studies
BachCIP: 3020
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,972
Lifetime Value Added
N/A
Median Debt
$20,500
Earnings (4yr)
$50,600
Natl Median: $53,072
Lifetime Value Added
-$84k
Median Debt
-
Earnings (4yr)
$59,717
Natl Median: $83,290
Lifetime Value Added
-$9k
Marketing
BachCIP: 5214
Median Debt
$24,454
Earnings (4yr)
$68,603
Natl Median: $69,303
Lifetime Value Added
+$61k
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
$66,170
Natl Median: $69,562
Lifetime Value Added
+$42k
Median Debt
-
Earnings (4yr)
$57,280
Natl Median: $55,012
Lifetime Value Added
-$29k
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,293
Lifetime Value Added
N/A
Psychology, General
BachCIP: 4201
Median Debt
$25,000
Earnings (4yr)
$53,937
Natl Median: $50,706
Lifetime Value Added
-$56k
Median Debt
-
Earnings (4yr)
$96,620
Natl Median: $88,910
Lifetime Value Added
+$275k
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,000
Lifetime Value Added
N/A
Sociology
BachCIP: 4511
Median Debt
$27,000
Earnings (4yr)
$49,451
Natl Median: $52,657
Lifetime Value Added
-$93k

Master's Degrees

Biotechnology
MastCIP: 2612
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,682
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $103,485
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$67,365
Natl Median: $65,184
Lifetime Value Added
-$76k
Median Debt
-
Earnings (4yr)
$71,750
Natl Median: $62,269
Lifetime Value Added
-$37k
Education, Other
MastCIP: 1399
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,348
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $71,685
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,644
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $93,142
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$83,433
Natl Median: $66,523
Lifetime Value Added
+$66k
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,981
Lifetime Value Added
N/A
Health Professions Education, Ethics, and Humanities
MastCIP: 5132
Median Debt
-
Earnings (4yr)
$129,904
Natl Median: $100,487
Lifetime Value Added
+$471k
Median Debt
-
Earnings (4yr)
-
Natl Median: $83,558
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,050
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$70,493
Natl Median: $81,408
Lifetime Value Added
-$48k
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,397
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $120,246
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,916
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$76,643
Natl Median: $63,707
Lifetime Value Added
+$6k
Median Debt
-
Earnings (4yr)
$66,234
Natl Median: $65,767
Lifetime Value Added
-$86k

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.