College ROI

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Freed-Hardeman University

Henderson, TN 1,212 Undergrads 63.8% Grad Rate
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Total Cost
$38,315
Sticker Price
Avg Net Price
$21,574
After Aid
Median Earnings
$50,701
4yr Post-Grad

Vs. Peer Institutions

Net Price$21,574
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$50,701
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$47,485
Peer Midpoint: $53,763
Graduation Rate63.8%
Peer Midpoint: 58.9%
Average Starting Age21.0
Socio-Economic Diversity
Pell Grant Recipients29.0%
Enrollment Status
Full-Time97.9%
Economic Outcomes
Earn More than HS69.4%

Admissions Profile

Acceptance
59.7%
SAT Avg
1,109
SAT Reading
25th: 48154875th: 549
SAT Math
25th: 47154375th: 538
ACT Composite
25th: 192475th: 26

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
+$459k
-$7k
-$25k
Median Cost$22k/yr
+$382k
-$85k
-$103k
Full Cost$38k/yr
+$322k
-$145k
-$163k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$22k/yr
Never
-132%
Full Cost$38k/yr
Never
-118%
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 Return-118%

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-88%
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
-
Earnings (2yr)
$47,260
Natl Median: $76,194
Lifetime Value Added
-$115k
Median Debt
$23,884
Earnings (4yr)
$50,335
Natl Median: $44,533
Lifetime Value Added
-$106k
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$20,592
Earnings (5yr)
$59,723
Natl Median: $57,214
Lifetime Value Added
-$38k
Median Debt
-
Earnings (5yr)
$51,140
Natl Median: $68,257
Lifetime Value Added
-$107k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,359
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $92,374
Lifetime Value Added
N/A
Median Debt
-
Earnings (2yr)
$33,993
Natl Median: $55,378
Lifetime Value Added
-$233k
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,590
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,765
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $83,343
Lifetime Value Added
N/A
Median Debt
-
Earnings (2yr)
$21,234
Natl Median: $41,367
Lifetime Value Added
-$350k
History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,680
Lifetime Value Added
N/A
Median Debt
-
Earnings (2yr)
$26,353
Natl Median: $48,568
Lifetime Value Added
-$303k
Marketing
BachCIP: 5214
Median Debt
-
Earnings (2yr)
$29,685
Natl Median: $69,303
Lifetime Value Added
-$273k
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,103
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$43,002
Natl Median: $55,693
Lifetime Value Added
-$175k
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,892
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,915
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,293
Lifetime Value Added
N/A
Psychology, General
BachCIP: 4201
Median Debt
$23,500
Earnings (5yr)
$42,465
Natl Median: $50,706
Lifetime Value Added
-$179k
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,560
Lifetime Value Added
N/A
Median Debt
$19,000
Earnings (4yr)
$67,718
Natl Median: $88,910
Lifetime Value Added
+$34k
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,000
Lifetime Value Added
N/A
Social Work
BachCIP: 4407
Median Debt
$23,250
Earnings (4yr)
$40,833
Natl Median: $51,790
Lifetime Value Added
-$186k
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,499
Lifetime Value Added
N/A
Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
-
Earnings (5yr)
$55,118
Natl Median: $54,562
Lifetime Value Added
-$75k
Median Debt
$21,875
Earnings (4yr)
$43,057
Natl Median: $47,382
Lifetime Value Added
-$167k
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,535
Lifetime Value Added
N/A

Master's Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $95,833
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,028
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$81,348
Natl Median: $103,485
Lifetime Value Added
+$37k
Median Debt
-
Earnings (2yr)
$44,971
Natl Median: $65,184
Lifetime Value Added
-$278k
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,399
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: $89,981
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,397
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,111
Lifetime Value Added
N/A
Median Debt
$36,497
Earnings (4yr)
-
Natl Median: $59,916
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,300
Lifetime Value Added
N/A

Graduate Certificates

Median Debt
-
Earnings (2yr)
$57,318
Natl Median: $86,288
Lifetime Value Added
-$84k

Doctoral Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $100,573
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. 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.