College ROI

Smarter Choices, Brighter Futures
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Gogebic Community College

Ironwood, MI 511 Undergrads 34.7% Grad Rate
Share
Total Cost
$14,456
Sticker Price
Avg Net Price
$5,397
After Aid
Median Earnings
$51,213
4yr Post-Grad

Vs. Peer Institutions

Net Price$5,397
Peer Midpoint: $9,847
Earnings (4yr Post-Grad)$51,213
Peer Midpoint: $50,127.5
Graduation Rate34.7%
Peer Midpoint: 34.6%
Socio-Economic Diversity
Pell Grant Recipients52.8%
Enrollment Status
Full-Time67.3%
Economic Outcomes
Earn More than HS56.0%

Admissions Profile

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

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
+$544k
+$29k
+$60k
Median Cost$5k/yr
+$534k
+$19k
+$50k
Full Cost$14k/yr
+$518k
+$2k
+$33k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
30
Median Cost$5k/yr
32
505%
Full Cost$14k/yr
38
126%
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 Return349%

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 Return44%
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

Certificates

Allied Health and Medical Assisting Services
CertCIP: 5108
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,272
Lifetime Value Added
N/A
Business/Commerce, General
CertCIP: 5201
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,097
Lifetime Value Added
N/A
Computer/Information Technology Administration and Management
CertCIP: 1110
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,615
Lifetime Value Added
N/A
Construction Trades, Other
CertCIP: 4699
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,777
Lifetime Value Added
N/A
Cosmetology and Related Personal Grooming Services
CertCIP: 1204
Median Debt
-
Earnings (4yr)
-
Natl Median: $26,307
Lifetime Value Added
N/A
Electrical/Electronics Maintenance and Repair Technologies/Technicians
CertCIP: 4701
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,027
Lifetime Value Added
N/A
Ground Transportation
CertCIP: 4902
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,118
Lifetime Value Added
N/A
Health and Medical Administrative Services
CertCIP: 5107
Median Debt
-
Earnings (4yr)
$42,494
Natl Median: $35,447
Lifetime Value Added
+$6k
Practical Nursing, Vocational Nursing and Nursing Assistants
CertCIP: 5139
Median Debt
$11,000
Earnings (4yr)
$63,449
Natl Median: $56,073
Lifetime Value Added
+$226k
Precision Metal Working
CertCIP: 4805
Median Debt
-
Earnings (4yr)
$49,487
Natl Median: $48,702
Lifetime Value Added
+$82k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
CertCIP: 5138
Median Debt
-
Earnings (4yr)
-
Natl Median: $80,020
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
CertCIP: 4706
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,586
Lifetime Value Added
N/A

Associate's Degrees

Accounting and Related Services
AssocCIP: 5203
Median Debt
-
Earnings (4yr)
-
Natl Median: $47,660
Lifetime Value Added
N/A
Biological and Physical Sciences
AssocCIP: 3001
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,181
Lifetime Value Added
N/A
Biology, General
AssocCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,758
Lifetime Value Added
N/A
Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,733
Lifetime Value Added
N/A
Business, Management, Marketing, and Related Support Services, Other
AssocCIP: 5299
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,077
Lifetime Value Added
N/A
Business/Commerce, General
AssocCIP: 5201
Median Debt
-
Earnings (4yr)
$41,328
Natl Median: $49,927
Lifetime Value Added
-$48k
Computer and Information Sciences, General
AssocCIP: 1101
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,246
Lifetime Value Added
N/A
Computer Programming
AssocCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,070
Lifetime Value Added
N/A
Computer Systems Networking and Telecommunications
AssocCIP: 1109
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,971
Lifetime Value Added
N/A
Construction Engineering Technology/Technician
AssocCIP: 1510
Median Debt
-
Earnings (4yr)
-
Natl Median: $71,367
Lifetime Value Added
N/A
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,706
Lifetime Value Added
N/A
Drafting/Design Engineering Technologies/Technicians
AssocCIP: 1513
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,895
Lifetime Value Added
N/A
Education, General
AssocCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,787
Lifetime Value Added
N/A
Engineering, General
AssocCIP: 1401
Median Debt
-
Earnings (4yr)
-
Natl Median: $72,916
Lifetime Value Added
N/A
Forestry
AssocCIP: 0305
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,725
Lifetime Value Added
N/A
Funeral Service and Mortuary Science
AssocCIP: 1203
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,962
Lifetime Value Added
N/A
Health/Medical Preparatory Programs
AssocCIP: 5111
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,711
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,125
Lifetime Value Added
N/A
Parks, Recreation, and Leisure Facilities Management
AssocCIP: 3103
Median Debt
-
Earnings (2yr)
$30,771
Natl Median: $44,884
Lifetime Value Added
-$143k
Practical Nursing, Vocational Nursing and Nursing Assistants
AssocCIP: 5139
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,755
Lifetime Value Added
N/A
Psychology, General
AssocCIP: 4201
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,288
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$12,206
Earnings (4yr)
$66,178
Natl Median: $80,813
Lifetime Value Added
+$192k
Rehabilitation and Therapeutic Professions
AssocCIP: 5123
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,854
Lifetime Value Added
N/A
Social Work
AssocCIP: 4407
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,409
Lifetime Value Added
N/A
Teacher Education and Professional Development, Specific Levels and Methods
AssocCIP: 1312
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,656
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
AssocCIP: 4706
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,424
Lifetime Value Added
N/A

Other Programs

Health/Medical Preparatory Programs
DegCIP: 5111
Median Debt
-
Earnings (4yr)
-
Natl Median: $81,700
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 degree decision moving forward. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.