College ROI

Smarter Choices, Brighter Futures
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Freed-Hardeman University

Henderson, TN 1,244 Undergrads 62.5% Grad Rate
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Total Cost
$36,972
Sticker Price
Avg Net Price
$20,082
After Aid
Median Earnings
$47,485
10yr Post-Entry

Vs. Peer Institutions

Net Price$20,082
Peer Midpoint: $19,729.5
Earnings (10yr)$47,485
Peer Midpoint: $53,747
Graduation Rate62.5%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients30.5%
Enrollment Status
Full-Time98.0%
Economic Outcomes
Earn More than HS69.4%

Admissions Profile

Acceptance
90.6%
SAT Avg
1,109
SAT Reading
25th: 46754875th: 542
SAT Math
25th: 46754375th: 542
ACT Composite
25th: 192475th: 26

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
+$417k
+$20k
-$68k
Median Cost$20k/yr
+$345k
-$52k
-$140k
Full Cost$37k/yr
+$284k
-$113k
-$201k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$20k/yr
Never
-193%
Full Cost$37k/yr
Never
-151%
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-173%

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-101%
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

Accounting and Related Services
BachCIP: 5203
Median Debt
-
Earnings (2yr)
$47,260
Lifetime Value Added
-$110k
Bible/Biblical Studies
BachCIP: 3902
Median Debt
$23,884
Earnings (5yr)
$45,833
Lifetime Value Added
-$146k
Biology, General
BachCIP: 2601
Median Debt
$20,592
Earnings (5yr)
$59,723
Lifetime Value Added
-$33k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
-
Earnings (5yr)
$51,140
Lifetime Value Added
-$102k
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
-
Earnings (2yr)
$33,993
Lifetime Value Added
-$228k
Fine and Studio Arts
BachCIP: 5007
Median Debt
-
Earnings (2yr)
$21,234
Lifetime Value Added
-$345k
Health and Physical Education/Fitness
BachCIP: 3105
Median Debt
-
Earnings (5yr)
$55,118
Lifetime Value Added
-$69k
Human Development, Family Studies, and Related Services
BachCIP: 1907
Median Debt
-
Earnings (2yr)
$26,353
Lifetime Value Added
-$298k
Marketing
BachCIP: 5214
Median Debt
-
Earnings (2yr)
$29,685
Lifetime Value Added
-$267k
Multi/Interdisciplinary Studies, Other
BachCIP: 3099
Median Debt
-
Earnings (5yr)
$43,002
Lifetime Value Added
-$170k
Psychology, General
BachCIP: 4201
Median Debt
$23,500
Earnings (5yr)
$42,465
Lifetime Value Added
-$174k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$19,000
Earnings (5yr)
$61,302
Lifetime Value Added
-$20k
Social Work
BachCIP: 4407
Median Debt
$23,250
Earnings (5yr)
$40,840
Lifetime Value Added
-$188k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$21,875
Earnings (5yr)
$43,222
Lifetime Value Added
-$168k

Master's Degrees

Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
-
Earnings (2yr)
$44,971
Lifetime Value Added
-$59k

Graduate Certificates

Educational Administration and Supervision
Gr-CertCIP: 1304
Median Debt
-
Earnings (2yr)
$57,318
Lifetime Value Added
+$133k

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.