College ROI

Smarter Choices, Brighter Futures
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Knox College

Galesburg, IL 1,127 Undergrads 75.8% Grad Rate
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Total Cost
$68,134
Sticker Price
Avg Net Price
$24,595
After Aid
Median Earnings
$49,217
4yr Post-Grad

Vs. Peer Institutions

Net Price$24,595
Peer Midpoint: $20,080.5
Earnings (4yr Post-Grad)$49,217
Peer Midpoint: $60,428
Graduation Rate75.8%
Peer Midpoint: 58.9%
Socio-Economic Diversity
Pell Grant Recipients30.4%
Enrollment Status
Full-Time99.2%
Economic Outcomes
Earn More than HS62.1%

Admissions Profile

Acceptance
70.8%
SAT Avg
1,326
SAT Reading
25th: 60064575th: 680
SAT Math
25th: 58062075th: 760
ACT Composite
25th: 212875th: 32

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
+$447k
-$20k
-$37k
Median Cost$25k/yr
+$359k
-$108k
-$126k
Full Cost$68k/yr
+$202k
-$265k
-$283k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$25k/yr
Never
-142%
Full Cost$68k/yr
Never
-115%
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 Return-119%

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-96%
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

Applied Mathematics
BachCIP: 2703
Median Debt
-
Earnings (4yr)
-
Natl Median: $91,532
Lifetime Value Added
N/A
Area Studies
BachCIP: 0501
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,625
Lifetime Value Added
N/A
Biochemistry, Biophysics and Molecular Biology
BachCIP: 2602
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$26,970
Earnings (4yr)
$53,231
Natl Median: $57,214
Lifetime Value Added
-$92k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$27,000
Earnings (4yr)
-
Natl Median: $68,257
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
$25,896
Earnings (5yr)
$112,708
Natl Median: $107,009
Lifetime Value Added
+$350k
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
-
Earnings (2yr)
$27,439
Natl Median: $39,775
Lifetime Value Added
-$304k
Economics
BachCIP: 4506
Median Debt
$24,498
Earnings (4yr)
$62,144
Natl Median: $82,686
Lifetime Value Added
-$20k
English Language and Literature, General
BachCIP: 2301
Median Debt
-
Earnings (2yr)
$19,794
Natl Median: $48,590
Lifetime Value Added
-$374k
Ethnic, Cultural Minority, Gender, and Group Studies
BachCIP: 0502
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,710
Lifetime Value Added
N/A
Fine and Studio Arts
BachCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,367
Lifetime Value Added
N/A
Germanic Languages, Literatures, and Linguistics
BachCIP: 1605
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,459
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,680
Lifetime Value Added
N/A
International Relations and National Security Studies
BachCIP: 4509
Median Debt
-
Earnings (5yr)
$61,965
Natl Median: $66,596
Lifetime Value Added
-$31k
International/Globalization Studies
BachCIP: 3020
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,972
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
BachCIP: 2401
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,072
Lifetime Value Added
N/A
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,892
Lifetime Value Added
N/A
Natural Resources Conservation and Research
BachCIP: 0301
Median Debt
$26,000
Earnings (5yr)
$48,613
Natl Median: $55,012
Lifetime Value Added
-$139k
Neurobiology and Neurosciences
BachCIP: 2615
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,451
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
Political Science and Government
BachCIP: 4510
Median Debt
$25,553
Earnings (4yr)
$54,341
Natl Median: $63,293
Lifetime Value Added
-$83k
Psychology, General
BachCIP: 4201
Median Debt
-
Earnings (5yr)
$49,423
Natl Median: $50,706
Lifetime Value Added
-$132k
Research and Experimental Psychology
BachCIP: 4227
Median Debt
$27,000
Earnings (4yr)
-
Natl Median: $55,695
Lifetime Value Added
N/A
Rhetoric and Composition/Writing Studies
BachCIP: 2313
Median Debt
$26,394
Earnings (4yr)
$38,967
Natl Median: $48,471
Lifetime Value Added
-$213k
Romance Languages, Literatures, and Linguistics
BachCIP: 1609
Median Debt
-
Earnings (5yr)
$51,047
Natl Median: $55,000
Lifetime Value Added
-$119k
Social Sciences, Other
BachCIP: 4599
Median Debt
-
Earnings (5yr)
$40,462
Natl Median: $56,812
Lifetime Value Added
-$207k
Sociology and Anthropology
BachCIP: 4513
Median Debt
$27,000
Earnings (4yr)
$45,120
Natl Median: $46,959
Lifetime Value Added
-$160k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$27,000
Earnings (4yr)
$50,828
Natl Median: $47,382
Lifetime Value Added
-$112k
Teacher Education and Professional Development, Specific Subject Areas
BachCIP: 1313
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,389
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.