College ROI

Smarter Choices, Brighter Futures
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Harvey Mudd College

Claremont, CA 921 Undergrads 93.3% Grad Rate
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Total Cost
$90,165
Sticker Price
Avg Net Price
$35,924
After Aid
Median Earnings
$137,100
4yr Post-Grad

Vs. Peer Institutions

Net Price$35,924
Peer Midpoint: $20,080.5
Earnings (4yr Post-Grad)$137,100
Peer Midpoint: $60,428
Graduation Rate93.3%
Peer Midpoint: 58.9%
Average Starting Age19.2
Socio-Economic Diversity
Pell Grant Recipients15.0%
Enrollment Status
Full-Time99.8%
Economic Outcomes
Earn More than HS90.9%

Admissions Profile

Acceptance
12.7%
SAT Avg
1,545
SAT Reading
25th: 73073575th: 770
SAT Math
25th: 77078575th: 800
ACT Composite
25th: 343575th: 36

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
+$1.1M
+$657k
+$639k
Median Cost$36k/yr
+$994k
+$527k
+$510k
Full Cost$90k/yr
+$799k
+$332k
+$315k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
24
Median Cost$36k/yr
27
394%
Full Cost$90k/yr
35
97%
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 Return274%

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 Return16%
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

Biochemistry, Biophysics and Molecular Biology
BachCIP: 2602
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biomathematics, Bioinformatics, and Computational Biology
BachCIP: 2611
Median Debt
-
Earnings (4yr)
-
Natl Median: $86,713
Lifetime Value Added
N/A
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Computer Science
BachCIP: 1107
Median Debt
$22,949
Earnings (4yr)
$198,257
Natl Median: $107,009
Lifetime Value Added
+$969k
Engineering, General
BachCIP: 1401
Median Debt
$22,240
Earnings (4yr)
$122,845
Natl Median: $89,359
Lifetime Value Added
+$403k
Fine and Studio Arts
BachCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,367
Lifetime Value Added
N/A
Mathematics and Computer Science
BachCIP: 3008
Median Debt
$23,000
Earnings (2yr)
$122,038
Natl Median: $118,943
Lifetime Value Added
+$434k
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Multi/Interdisciplinary Studies, Other
BachCIP: 3099
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,693
Lifetime Value Added
N/A
Physics
BachCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,786
Lifetime Value Added
N/A
Political Science and Government
BachCIP: 4510
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,293
Lifetime Value Added
N/A
Religion/Religious Studies
BachCIP: 3802
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,390
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. 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.