College ROI

Smarter Choices, Brighter Futures
Back to Colleges

Grinnell College

Grinnell, IA 1,729 Undergrads 88.3% Grad Rate
Share
Total Cost
$87,598
Sticker Price
Avg Net Price
$15,203
After Aid
Median Earnings
$67,917
5yr Post-Grad

Vs. Peer Institutions

Net Price$15,203
Peer Midpoint: $19,969
Earnings (5yr Post-Grad)Completers only after graduation
$67,917
Peer Midpoint: $61,632
Earnings (10yr Post-Enroll)All enrolled after enrollment
$72,106
Peer Midpoint: $58,891
Graduation Rate88.3%
Peer Midpoint: 58.9%
Average Starting Age19.4
Socio-Economic Diversity
Pell Grant Recipients20.8%
Enrollment Status
Full-Time99.8%
Economic Outcomes
Earn More than HS71.6%

Admissions Profile

Acceptance
14.5%
SAT Avg
1,486
SAT Reading
25th: 70071075th: 750
SAT Math
25th: 71074075th: 790
ACT Composite
25th: 313275th: 34

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
+$591k
+$121k
+$105k
Median Cost$15k/yr
+$537k
+$66k
+$50k
Full Cost$88k/yr
+$276k
-$194k
-$210k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
32
∞
Median Cost$15k/yr
42
92%
Full Cost$88k/yr
Never
-67%
Analysis Assumptions:
  • Starting Salary: Estimated from the median earnings five years after graduating, with four years of 2% raises taken out.
  • 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-36%

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-77%

Program ROI Analysis

These figures are medians for past graduates who received federal aid. Your cost and pay will differ. Run your own numbers in the Guided ROI Interview →

Bachelor's Degrees

Anthropology
BachCIP: 4502
Median Debt
-
Earnings (2yr)
$21,052
Natl Median: $46,676
Lifetime Value Added
-$330k
Median Debt
$9,150
Earnings (4yr)
$53,105
Natl Median: $65,466
Lifetime Value Added
-$59k
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,681
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$7,559
Earnings (4yr)
$56,275
Natl Median: $57,214
Lifetime Value Added
-$33k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,429
Lifetime Value Added
N/A
Computer Science
BachCIP: 1107
Median Debt
$10,000
Earnings (4yr)
$109,892
Natl Median: $107,009
Lifetime Value Added
+$381k
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,642
Lifetime Value Added
N/A
Economics
BachCIP: 4506
Median Debt
$11,700
Earnings (4yr)
$110,724
Natl Median: $82,686
Lifetime Value Added
+$387k
Median Debt
$5,500
Earnings (4yr)
$36,854
Natl Median: $48,590
Lifetime Value Added
-$198k
Median Debt
$7,500
Earnings (2yr)
$21,508
Natl Median: $51,710
Lifetime Value Added
-$326k
Median Debt
-
Earnings (2yr)
$20,140
Natl Median: $41,367
Lifetime Value Added
-$338k
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,459
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
$54,703
Natl Median: $50,680
Lifetime Value Added
-$46k
Median Debt
-
Earnings (4yr)
$59,638
Natl Median: $53,072
Lifetime Value Added
-$6k
Mathematics
BachCIP: 2701
Median Debt
$8,000
Earnings (2yr)
$39,369
Natl Median: $69,562
Lifetime Value Added
-$163k
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,693
Lifetime Value Added
N/A
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,892
Lifetime Value Added
N/A
Philosophy
BachCIP: 3801
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,455
Lifetime Value Added
N/A
Physics
BachCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,786
Lifetime Value Added
N/A
Median Debt
$6,325
Earnings (4yr)
$68,518
Natl Median: $63,293
Lifetime Value Added
+$65k
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,390
Lifetime Value Added
N/A
Median Debt
$6,453
Earnings (4yr)
$57,752
Natl Median: $55,695
Lifetime Value Added
-$21k
Median Debt
$8,599
Earnings (4yr)
$54,983
Natl Median: $55,000
Lifetime Value Added
-$44k
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,169
Lifetime Value Added
N/A
Sociology
BachCIP: 4511
Median Debt
$8,449
Earnings (5yr)
$68,372
Natl Median: $52,657
Lifetime Value Added
+$54k

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.