College ROI

Smarter Choices, Brighter Futures
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Lake Erie College

Painesville, OH 852 Undergrads 46.4% Grad Rate
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Total Cost
$50,790
Sticker Price
Avg Net Price
$20,961
After Aid
Median Earnings
$57,903
4yr Post-Grad

Vs. Peer Institutions

Net Price$20,961
Peer Midpoint: $20,080.5
Earnings (4yr Post-Grad)$57,903
Peer Midpoint: $60,428
Graduation Rate46.4%
Peer Midpoint: 58.9%
Socio-Economic Diversity
Pell Grant Recipients36.6%
Enrollment Status
Full-Time99.2%
Economic Outcomes
Earn More than HS74.5%

Admissions Profile

Acceptance
70.4%
SAT Avg
-
SAT Reading
25th: -51075th: -
SAT Math
25th: -50875th: -
ACT Composite
25th: -2075th: -

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
+$519k
+$52k
+$34k
Median Cost$21k/yr
+$443k
-$24k
-$41k
Full Cost$51k/yr
+$336k
-$131k
-$148k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
41
Median Cost$21k/yr
Never
-54%
Full Cost$51k/yr
Never
-81%
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-57%

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%
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

Accounting and Related Services
BachCIP: 5203
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,194
Lifetime Value Added
N/A
Agricultural and Domestic Animal Services
BachCIP: 0105
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,334
Lifetime Value Added
N/A
Agricultural Business and Management
BachCIP: 0101
Median Debt
-
Earnings (2yr)
$21,781
Natl Median: $66,647
Lifetime Value Added
-$343k
Biology, General
BachCIP: 2601
Median Debt
$27,000
Earnings (4yr)
$57,506
Natl Median: $57,214
Lifetime Value Added
-$44k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$27,000
Earnings (4yr)
$70,067
Natl Median: $68,257
Lifetime Value Added
+$55k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Communication, Journalism, and Related Programs, Other
BachCIP: 0999
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,384
Lifetime Value Added
N/A
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
-
Earnings (4yr)
$49,426
Natl Median: $55,378
Lifetime Value Added
-$111k
English Language and Literature, General
BachCIP: 2301
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,590
Lifetime Value Added
N/A
Entrepreneurial and Small Business Operations
BachCIP: 5207
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,027
Lifetime Value Added
N/A
Finance and Financial Management Services
BachCIP: 5208
Median Debt
-
Earnings (4yr)
-
Natl Median: $83,343
Lifetime Value Added
N/A
Fine and Studio Arts
BachCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,367
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,680
Lifetime Value Added
N/A
Human Resources Management and Services
BachCIP: 5210
Median Debt
-
Earnings (4yr)
-
Natl Median: $68,069
Lifetime Value Added
N/A
Legal Support Services
BachCIP: 2203
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,266
Lifetime Value Added
N/A
Marketing
BachCIP: 5214
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,303
Lifetime Value Added
N/A
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
Natural Resources Conservation and Research
BachCIP: 0301
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,012
Lifetime Value Added
N/A
Political Science and Government
BachCIP: 4510
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,293
Lifetime Value Added
N/A
Psychology, General
BachCIP: 4201
Median Debt
$27,000
Earnings (4yr)
$48,687
Natl Median: $50,706
Lifetime Value Added
-$117k
Rehabilitation and Therapeutic Professions
BachCIP: 5123
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,792
Lifetime Value Added
N/A
Romance Languages, Literatures, and Linguistics
BachCIP: 1609
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,000
Lifetime Value Added
N/A
Special Education and Teaching
BachCIP: 1310
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,499
Lifetime Value Added
N/A
Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
-
Earnings (5yr)
$45,059
Natl Median: $54,562
Lifetime Value Added
-$155k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$25,250
Earnings (4yr)
$41,284
Natl Median: $47,382
Lifetime Value Added
-$180k
Visual and Performing Arts, General
BachCIP: 5001
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,688
Lifetime Value Added
N/A

Master's Degrees

Allied Health Diagnostic, Intervention, and Treatment Professions
MastCIP: 5109
Median Debt
$102,960
Earnings (4yr)
$129,819
Natl Median: $127,347
Lifetime Value Added
+$461k
Business Administration, Management and Operations
MastCIP: 5202
Median Debt
$41,000
Earnings (4yr)
$80,814
Natl Median: $103,485
Lifetime Value Added
+$34k
Education, General
MastCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,824
Lifetime Value Added
N/A

Other Programs

Special Education and Teaching
DegCIP: 1310
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,406
Lifetime Value Added
N/A
Teacher Education and Professional Development, Specific Levels and Methods
DegCIP: 1312
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,802
Lifetime Value Added
N/A
Teacher Education and Professional Development, Specific Subject Areas
DegCIP: 1313
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,347
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.