College ROI

Smarter Choices, Brighter Futures
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McLennan Community College

Waco, TX 5,668 Undergrads 24.6% Grad Rate
Share
Total Cost
$12,920
Sticker Price
Avg Net Price
$5,051
After Aid
Median Earnings
$47,348
4yr Post-Grad

Vs. Peer Institutions

Net Price$5,051
Peer Midpoint: $9,847
Earnings (4yr Post-Grad)$47,348
Peer Midpoint: $50,127.5
Graduation Rate24.6%
Peer Midpoint: 34.6%
Socio-Economic Diversity
Pell Grant Recipients54.5%
Enrollment Status
Full-Time44.9%
Economic Outcomes
Earn More than HS54.9%

Admissions Profile

Acceptance
100.0%
SAT Avg
-
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: --75th: -

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
+$506k
-$9k
+$22k
Median Cost$5k/yr
+$497k
-$19k
+$13k
Full Cost$13k/yr
+$482k
-$33k
-$2k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
38
Median Cost$5k/yr
45
136%
Full Cost$13k/yr
Never
-8%
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 Return106%

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-7%
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

Certificates

Accounting and Related Services
CertCIP: 5203
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,589
Lifetime Value Added
N/A
Allied Health Diagnostic, Intervention, and Treatment Professions
CertCIP: 5109
Median Debt
-
Earnings (5yr)
$58,546
Natl Median: $57,584
Lifetime Value Added
+$165k
American Sign Language
CertCIP: 1616
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,771
Lifetime Value Added
N/A
Business Administration, Management and Operations
CertCIP: 5202
Median Debt
$10,625
Earnings (4yr)
$34,626
Natl Median: $47,440
Lifetime Value Added
-$80k
Business Operations Support and Assistant Services
CertCIP: 5204
Median Debt
-
Earnings (4yr)
-
Natl Median: $32,681
Lifetime Value Added
N/A
Business/Commerce, General
CertCIP: 5201
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,097
Lifetime Value Added
N/A
Clinical/Medical Laboratory Science/Research and Allied Professions
CertCIP: 5110
Median Debt
-
Earnings (4yr)
-
Natl Median: $38,675
Lifetime Value Added
N/A
Computer Programming
CertCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,556
Lifetime Value Added
N/A
Computer/Information Technology Administration and Management
CertCIP: 1110
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,615
Lifetime Value Added
N/A
Cosmetology and Related Personal Grooming Services
CertCIP: 1204
Median Debt
$5,776
Earnings (4yr)
$23,336
Natl Median: $26,307
Lifetime Value Added
-$206k
Criminal Justice and Corrections
CertCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,702
Lifetime Value Added
N/A
Data Entry/Microcomputer Applications
CertCIP: 1106
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,476
Lifetime Value Added
N/A
Engineering, General
CertCIP: 1401
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,019
Lifetime Value Added
N/A
Fire Protection
CertCIP: 4302
Median Debt
-
Earnings (4yr)
$55,259
Natl Median: $62,436
Lifetime Value Added
+$143k
Health and Medical Administrative Services
CertCIP: 5107
Median Debt
-
Earnings (4yr)
-
Natl Median: $35,447
Lifetime Value Added
N/A
Human Development, Family Studies, and Related Services
CertCIP: 1907
Median Debt
-
Earnings (4yr)
-
Natl Median: $31,135
Lifetime Value Added
N/A
Legal Support Services
CertCIP: 2203
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,747
Lifetime Value Added
N/A
Mental and Social Health Services and Allied Professions
CertCIP: 5115
Median Debt
$13,897
Earnings (5yr)
$29,788
Natl Median: $43,365
Lifetime Value Added
-$140k
Practical Nursing, Vocational Nursing and Nursing Assistants
CertCIP: 5139
Median Debt
$13,255
Earnings (4yr)
$59,923
Natl Median: $56,073
Lifetime Value Added
+$191k
Real Estate
CertCIP: 5215
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,762
Lifetime Value Added
N/A
Veterinary/Animal Health Technologies/Technicians
CertCIP: 0183
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,862
Lifetime Value Added
N/A

Associate's Degrees

Accounting and Related Services
AssocCIP: 5203
Median Debt
-
Earnings (5yr)
$45,625
Natl Median: $47,660
Lifetime Value Added
-$13k
Agriculture, General
AssocCIP: 0100
Median Debt
-
Earnings (4yr)
-
Natl Median: $45,683
Lifetime Value Added
N/A
Allied Health and Medical Assisting Services
AssocCIP: 5108
Median Debt
$11,250
Earnings (4yr)
$41,724
Natl Median: $42,269
Lifetime Value Added
-$44k
Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
$12,780
Earnings (4yr)
$70,400
Natl Median: $65,389
Lifetime Value Added
+$230k
American Sign Language
AssocCIP: 1616
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,886
Lifetime Value Added
N/A
Arts, Entertainment, and Media Management
AssocCIP: 5010
Median Debt
-
Earnings (4yr)
-
Natl Median: $35,370
Lifetime Value Added
N/A
Biomedical/Medical Engineering
AssocCIP: 1405
Median Debt
-
Earnings (4yr)
-
Natl Median: $78,651
Lifetime Value Added
N/A
Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
-
Earnings (5yr)
$42,614
Natl Median: $48,733
Lifetime Value Added
-$43k
Business Operations Support and Assistant Services
AssocCIP: 5204
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,587
Lifetime Value Added
N/A
Business/Commerce, General
AssocCIP: 5201
Median Debt
-
Earnings (4yr)
$46,510
Natl Median: $49,927
Lifetime Value Added
+$4k
Chemical Engineering
AssocCIP: 1407
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,346
Lifetime Value Added
N/A
Clinical/Medical Laboratory Science/Research and Allied Professions
AssocCIP: 5110
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,472
Lifetime Value Added
N/A
Communication and Media Studies
AssocCIP: 0901
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,243
Lifetime Value Added
N/A
Computer Programming
AssocCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,070
Lifetime Value Added
N/A
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
$11,209
Earnings (4yr)
$44,939
Natl Median: $46,706
Lifetime Value Added
-$11k
Data Entry/Microcomputer Applications
AssocCIP: 1106
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,480
Lifetime Value Added
N/A
Electrical, Electronics, and Communications Engineering
AssocCIP: 1410
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,477
Lifetime Value Added
N/A
Health and Medical Administrative Services
AssocCIP: 5107
Median Debt
-
Earnings (2yr)
$29,685
Natl Median: $37,073
Lifetime Value Added
-$154k
Human Development, Family Studies, and Related Services
AssocCIP: 1907
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,184
Lifetime Value Added
N/A
Legal Support Services
AssocCIP: 2203
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,669
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
$9,250
Earnings (4yr)
$44,160
Natl Median: $44,125
Lifetime Value Added
-$19k
Mechanical Engineering
AssocCIP: 1419
Median Debt
-
Earnings (4yr)
-
Natl Median: $72,444
Lifetime Value Added
N/A
Mental and Social Health Services and Allied Professions
AssocCIP: 5115
Median Debt
-
Earnings (5yr)
$32,243
Natl Median: $40,734
Lifetime Value Added
-$146k
Music
AssocCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,056
Lifetime Value Added
N/A
Real Estate
AssocCIP: 5215
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,327
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$14,152
Earnings (4yr)
$79,438
Natl Median: $80,813
Lifetime Value Added
+$312k
Teacher Education and Professional Development, Specific Levels and Methods
AssocCIP: 1312
Median Debt
-
Earnings (4yr)
$40,644
Natl Median: $37,656
Lifetime Value Added
-$54k
Veterinary/Animal Health Technologies/Technicians
AssocCIP: 0183
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,460
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.