College ROI

Smarter Choices, Brighter Futures
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Grace College and Theological Seminary

Winona Lake, IN 1,511 Undergrads 68.6% Grad Rate
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Total Cost
$40,539
Sticker Price
Avg Net Price
$18,406
After Aid
Median Earnings
$45,411
10yr Post-Entry

Vs. Peer Institutions

Net Price$18,406
Peer Midpoint: $19,729.5
Earnings (10yr)$45,411
Peer Midpoint: $53,747
Graduation Rate68.6%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients33.3%
Enrollment Status
Full-Time97.5%
Economic Outcomes
Earn More than HS72.1%

Admissions Profile

Acceptance
80.8%
SAT Avg
1,088
SAT Reading
25th: 48056075th: 600
SAT Math
25th: 47054575th: 600
ACT Composite
25th: 202375th: 27

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
+$400k
+$3k
-$85k
Median Cost$18k/yr
+$334k
-$63k
-$151k
Full Cost$41k/yr
+$254k
-$142k
-$230k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$18k/yr
Never
-228%
Full Cost$41k/yr
Never
-158%
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-187%

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-105%
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

Associate's Degrees

Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
-
Earnings (5yr)
$37,632
Lifetime Value Added
-$117k

Bachelor's Degrees

Accounting and Related Services
BachCIP: 5203
Median Debt
$19,500
Earnings (5yr)
$68,991
Lifetime Value Added
+$45k
Bible/Biblical Studies
BachCIP: 3902
Median Debt
-
Earnings (5yr)
$43,475
Lifetime Value Added
-$159k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$18,097
Earnings (5yr)
$54,568
Lifetime Value Added
-$68k
Clinical, Counseling and Applied Psychology
BachCIP: 4228
Median Debt
$19,500
Earnings (5yr)
$34,523
Lifetime Value Added
-$235k
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
$23,250
Earnings (5yr)
$42,350
Lifetime Value Added
-$169k
Design and Applied Arts
BachCIP: 5004
Median Debt
-
Earnings (5yr)
$36,697
Lifetime Value Added
-$217k
Health and Physical Education/Fitness
BachCIP: 3105
Median Debt
$23,250
Earnings (5yr)
$40,842
Lifetime Value Added
-$182k
Marketing
BachCIP: 5214
Median Debt
$19,500
Earnings (5yr)
$51,513
Lifetime Value Added
-$93k
Pastoral Counseling and Specialized Ministries
BachCIP: 3907
Median Debt
$23,375
Earnings (5yr)
$50,451
Lifetime Value Added
-$102k
Psychology, General
BachCIP: 4201
Median Debt
$20,500
Earnings (5yr)
$39,491
Lifetime Value Added
-$193k
Special Education and Teaching
BachCIP: 1310
Median Debt
-
Earnings (2yr)
$32,925
Lifetime Value Added
-$232k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$15,250
Earnings (2yr)
$36,938
Lifetime Value Added
-$196k
Teacher Education and Professional Development, Specific Subject Areas
BachCIP: 1313
Median Debt
-
Earnings (5yr)
$45,869
Lifetime Value Added
-$139k

Master's Degrees

Bible/Biblical Studies
MastCIP: 3902
Median Debt
-
Earnings (5yr)
$46,395
Lifetime Value Added
-$68k
Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
-
Earnings (5yr)
$52,325
Lifetime Value Added
-$12k
Mental and Social Health Services and Allied Professions
MastCIP: 5115
Median Debt
$55,130
Earnings (5yr)
$43,648
Lifetime Value Added
-$95k
Quality Control and Safety Technologies/Technicians
MastCIP: 1507
Median Debt
-
Earnings (2yr)
$76,460
Lifetime Value Added
+$244k

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.