College ROI

Smarter Choices, Brighter Futures
Back to Colleges

Mercer University

Macon, GA 4,500 Undergrads 67.1% Grad Rate
Share
Total Cost
$58,204
Sticker Price
Avg Net Price
$23,847
After Aid
Median Earnings
$71,870
4yr Post-Grad

Vs. Peer Institutions

Net Price$23,847
Peer Midpoint: $20,080.5
Earnings (4yr Post-Grad)$71,870
Peer Midpoint: $60,428
Graduation Rate67.1%
Peer Midpoint: 58.9%
Socio-Economic Diversity
Pell Grant Recipients36.1%
Enrollment Status
Full-Time89.2%
Economic Outcomes
Earn More than HS75.7%

Admissions Profile

Acceptance
68.9%
SAT Avg
1,271
SAT Reading
25th: 59066375th: 680
SAT Math
25th: 57064875th: 670
ACT Composite
25th: 253075th: 31

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
+$628k
+$161k
+$144k
Median Cost$24k/yr
+$542k
+$75k
+$58k
Full Cost$58k/yr
+$419k
-$48k
-$66k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
30
Median Cost$24k/yr
42
68%
Full Cost$58k/yr
Never
-31%
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 Return33%

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-53%
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

Social Sciences, General
CertCIP: 4501
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,219
Lifetime Value Added
N/A

Bachelor's Degrees

Accounting and Related Services
BachCIP: 5203
Median Debt
$26,643
Earnings (4yr)
$75,529
Natl Median: $76,194
Lifetime Value Added
+$86k
Anthropology
BachCIP: 4502
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,676
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
$26,874
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$24,223
Earnings (4yr)
$59,570
Natl Median: $57,214
Lifetime Value Added
-$38k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
-
Earnings (4yr)
$75,835
Natl Median: $68,257
Lifetime Value Added
+$88k
Business/Commerce, General
BachCIP: 5201
Median Debt
$37,500
Earnings (4yr)
$77,713
Natl Median: $68,407
Lifetime Value Added
+$103k
Chemistry
BachCIP: 4005
Median Debt
$25,500
Earnings (4yr)
$60,696
Natl Median: $65,120
Lifetime Value Added
-$29k
Classics and Classical Languages, Literatures, and Linguistics
BachCIP: 1612
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,429
Lifetime Value Added
N/A
Communication and Media Studies
BachCIP: 0901
Median Debt
$24,990
Earnings (4yr)
$52,530
Natl Median: $56,359
Lifetime Value Added
-$96k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
-
Earnings (4yr)
$80,937
Natl Median: $92,374
Lifetime Value Added
+$127k
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,009
Lifetime Value Added
N/A
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
$25,000
Earnings (4yr)
$71,602
Natl Median: $55,378
Lifetime Value Added
+$56k
Criminology
BachCIP: 4504
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,556
Lifetime Value Added
N/A
Design and Applied Arts
BachCIP: 5004
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,490
Lifetime Value Added
N/A
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Economics
BachCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,686
Lifetime Value Added
N/A
Engineering, General
BachCIP: 1401
Median Debt
$25,350
Earnings (4yr)
$88,413
Natl Median: $89,359
Lifetime Value Added
+$184k
English Language and Literature, General
BachCIP: 2301
Median Debt
-
Earnings (2yr)
$36,848
Natl Median: $48,590
Lifetime Value Added
-$216k
Entrepreneurial and Small Business Operations
BachCIP: 5207
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,027
Lifetime Value Added
N/A
Ethnic, Cultural Minority, Gender, and Group Studies
BachCIP: 0502
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,710
Lifetime Value Added
N/A
Finance and Financial Management Services
BachCIP: 5208
Median Debt
$19,500
Earnings (4yr)
$66,036
Natl Median: $83,343
Lifetime Value Added
+$13k
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
Health and Medical Administrative Services
BachCIP: 5107
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,716
Lifetime Value Added
N/A
Health/Medical Preparatory Programs
BachCIP: 5111
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,911
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
$28,000
Earnings (4yr)
$68,052
Natl Median: $68,069
Lifetime Value Added
+$29k
Human Services, General
BachCIP: 4400
Median Debt
$41,750
Earnings (4yr)
$45,484
Natl Median: $48,597
Lifetime Value Added
-$155k
Information Science/Studies
BachCIP: 1104
Median Debt
-
Earnings (4yr)
-
Natl Median: $85,294
Lifetime Value Added
N/A
International Business
BachCIP: 5211
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,201
Lifetime Value Added
N/A
International Relations and National Security Studies
BachCIP: 4509
Median Debt
-
Earnings (4yr)
-
Natl Median: $66,596
Lifetime Value Added
N/A
Journalism
BachCIP: 0904
Median Debt
$26,000
Earnings (4yr)
$53,182
Natl Median: $56,278
Lifetime Value Added
-$90k
Liberal Arts and Sciences, General Studies and Humanities
BachCIP: 2401
Median Debt
$31,000
Earnings (4yr)
$48,060
Natl Median: $53,072
Lifetime Value Added
-$133k
Management Information Systems and Services
BachCIP: 5212
Median Debt
-
Earnings (4yr)
-
Natl Median: $83,290
Lifetime Value Added
N/A
Marketing
BachCIP: 5214
Median Debt
$25,990
Earnings (4yr)
$71,629
Natl Median: $69,303
Lifetime Value Added
+$56k
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 (5yr)
$54,331
Natl Median: $54,133
Lifetime Value Added
-$89k
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
$46,502
Natl Median: $42,892
Lifetime Value Added
-$146k
Neurobiology and Neurosciences
BachCIP: 2615
Median Debt
$25,424
Earnings (4yr)
-
Natl Median: $62,451
Lifetime Value Added
N/A
Non-Professional Legal Studies
BachCIP: 2200
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,959
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
$22,000
Earnings (4yr)
$59,997
Natl Median: $63,293
Lifetime Value Added
-$35k
Psychology, General
BachCIP: 4201
Median Debt
$26,000
Earnings (4yr)
$51,723
Natl Median: $50,706
Lifetime Value Added
-$102k
Public Health
BachCIP: 5122
Median Debt
$27,000
Earnings (4yr)
$60,401
Natl Median: $58,808
Lifetime Value Added
-$31k
Public Policy Analysis
BachCIP: 4405
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,721
Lifetime Value Added
N/A
Public Relations, Advertising, and Applied Communication
BachCIP: 0909
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,560
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$19,869
Earnings (4yr)
$85,030
Natl Median: $88,910
Lifetime Value Added
+$158k
Religion/Religious Studies
BachCIP: 3802
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,390
Lifetime Value Added
N/A
Rhetoric and Composition/Writing Studies
BachCIP: 2313
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,471
Lifetime Value Added
N/A
Romance Languages, Literatures, and Linguistics
BachCIP: 1609
Median Debt
$24,250
Earnings (4yr)
$58,127
Natl Median: $55,000
Lifetime Value Added
-$50k
Social Sciences, General
BachCIP: 4501
Median Debt
$34,800
Earnings (4yr)
-
Natl Median: $53,366
Lifetime Value Added
N/A
Sociology
BachCIP: 4511
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,657
Lifetime Value Added
N/A
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$35,500
Earnings (4yr)
$51,513
Natl Median: $47,382
Lifetime Value Added
-$104k
Teacher Education and Professional Development, Specific Subject Areas
BachCIP: 1313
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,389
Lifetime Value Added
N/A

Master's Degrees

Accounting and Related Services
MastCIP: 5203
Median Debt
$37,415
Earnings (4yr)
$94,972
Natl Median: $95,833
Lifetime Value Added
+$152k
Allied Health Diagnostic, Intervention, and Treatment Professions
MastCIP: 5109
Median Debt
$103,050
Earnings (4yr)
$125,910
Natl Median: $127,347
Lifetime Value Added
+$422k
Biology, General
MastCIP: 2601
Median Debt
$38,702
Earnings (5yr)
$63,099
Natl Median: $69,830
Lifetime Value Added
-$139k
Biomedical/Medical Engineering
MastCIP: 1405
Median Debt
-
Earnings (4yr)
-
Natl Median: $106,375
Lifetime Value Added
N/A
Business Administration, Management and Operations
MastCIP: 5202
Median Debt
-
Earnings (4yr)
-
Natl Median: $103,485
Lifetime Value Added
N/A
Business/Commerce, General
MastCIP: 5201
Median Debt
$39,318
Earnings (4yr)
$101,623
Natl Median: $125,988
Lifetime Value Added
+$211k
Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
$59,916
Earnings (4yr)
$54,555
Natl Median: $65,184
Lifetime Value Added
-$207k
Computer Engineering
MastCIP: 1409
Median Debt
-
Earnings (4yr)
$113,358
Natl Median: $136,736
Lifetime Value Added
+$313k
Computer Software and Media Applications
MastCIP: 1108
Median Debt
-
Earnings (4yr)
-
Natl Median: $120,083
Lifetime Value Added
N/A
Criminal Justice and Corrections
MastCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $66,714
Lifetime Value Added
N/A
Education, General
MastCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,824
Lifetime Value Added
N/A
Educational Administration and Supervision
MastCIP: 1304
Median Debt
$30,750
Earnings (4yr)
$61,710
Natl Median: $71,685
Lifetime Value Added
-$141k
Electrical, Electronics, and Communications Engineering
MastCIP: 1410
Median Debt
-
Earnings (2yr)
$75,204
Natl Median: $133,654
Lifetime Value Added
+$6k
Engineering, Other
MastCIP: 1499
Median Debt
-
Earnings (4yr)
-
Natl Median: $129,974
Lifetime Value Added
N/A
Environmental/Environmental Health Engineering
MastCIP: 1414
Median Debt
-
Earnings (4yr)
-
Natl Median: $92,629
Lifetime Value Added
N/A
Health and Medical Administrative Services
MastCIP: 5107
Median Debt
$28,501
Earnings (4yr)
$86,612
Natl Median: $89,981
Lifetime Value Added
+$79k
Human Services, General
MastCIP: 4400
Median Debt
-
Earnings (4yr)
$53,659
Natl Median: $57,050
Lifetime Value Added
-$216k
Management Sciences and Quantitative Methods
MastCIP: 5213
Median Debt
$30,750
Earnings (4yr)
$103,414
Natl Median: $124,807
Lifetime Value Added
+$226k
Mechanical Engineering
MastCIP: 1419
Median Debt
-
Earnings (4yr)
-
Natl Median: $115,974
Lifetime Value Added
N/A
Mental and Social Health Services and Allied Professions
MastCIP: 5115
Median Debt
$83,629
Earnings (4yr)
$57,040
Natl Median: $59,571
Lifetime Value Added
-$184k
Multi/Interdisciplinary Studies, Other
MastCIP: 3099
Median Debt
$41,000
Earnings (4yr)
-
Natl Median: $75,122
Lifetime Value Added
N/A
Music
MastCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,285
Lifetime Value Added
N/A
Public Health
MastCIP: 5122
Median Debt
$66,000
Earnings (4yr)
$73,262
Natl Median: $82,751
Lifetime Value Added
-$38k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
MastCIP: 5138
Median Debt
$41,000
Earnings (4yr)
$128,313
Natl Median: $120,193
Lifetime Value Added
+$443k
Social Sciences, General
MastCIP: 4501
Median Debt
$34,167
Earnings (4yr)
$67,767
Natl Median: $65,443
Lifetime Value Added
-$86k
Student Counseling and Personnel Services
MastCIP: 1311
Median Debt
$55,712
Earnings (4yr)
$59,236
Natl Median: $60,111
Lifetime Value Added
-$163k
Teacher Education and Professional Development, Specific Levels and Methods
MastCIP: 1312
Median Debt
$41,546
Earnings (4yr)
$62,624
Natl Median: $59,916
Lifetime Value Added
-$132k
Teacher Education and Professional Development, Specific Subject Areas
MastCIP: 1313
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,707
Lifetime Value Added
N/A
Theological and Ministerial Studies
MastCIP: 3906
Median Debt
$71,061
Earnings (4yr)
$58,680
Natl Median: $61,300
Lifetime Value Added
-$169k

Graduate Certificates

Education, General
Gr-CertCIP: 1301
Median Debt
$20,500
Earnings (4yr)
-
Natl Median: $69,448
Lifetime Value Added
N/A
Educational Administration and Supervision
Gr-CertCIP: 1304
Median Debt
-
Earnings (5yr)
$85,455
Natl Median: $86,288
Lifetime Value Added
+$146k
Student Counseling and Personnel Services
Gr-CertCIP: 1311
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,774
Lifetime Value Added
N/A
Teacher Education and Professional Development, Specific Levels and Methods
Gr-CertCIP: 1312
Median Debt
-
Earnings (5yr)
$69,469
Natl Median: $63,709
Lifetime Value Added
-$3k

Doctoral Degrees

Clinical, Counseling and Applied Psychology
DocCIP: 4228
Median Debt
$151,050
Earnings (4yr)
$94,134
Natl Median: $99,878
Lifetime Value Added
-$35k
Curriculum and Instruction
DocCIP: 1303
Median Debt
-
Earnings (4yr)
$96,686
Natl Median: $83,031
Lifetime Value Added
-$16k
Educational Administration and Supervision
DocCIP: 1304
Median Debt
-
Earnings (4yr)
$107,013
Natl Median: $100,573
Lifetime Value Added
+$61k
Law
DocCIP: 2201
Median Debt
$124,216
Earnings (4yr)
$90,359
Natl Median: $105,518
Lifetime Value Added
-$63k
Medicine
DocCIP: 5112
Median Debt
$195,967
Earnings (4yr)
$118,913
Natl Median: $118,504
Lifetime Value Added
+$149k
Pharmacy, Pharmaceutical Sciences, and Administration
DocCIP: 5120
Median Debt
$175,359
Earnings (4yr)
$131,552
Natl Median: $136,696
Lifetime Value Added
+$242k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
DocCIP: 5138
Median Debt
-
Earnings (4yr)
-
Natl Median: $138,131
Lifetime Value Added
N/A
Rehabilitation and Therapeutic Professions
DocCIP: 5123
Median Debt
$96,034
Earnings (4yr)
$82,473
Natl Median: $82,893
Lifetime Value Added
-$122k
Theological and Ministerial Studies
DocCIP: 3906
Median Debt
-
Earnings (4yr)
-
Natl Median: $71,982
Lifetime Value Added
N/A

Other Programs

Education, General
DegCIP: 1301
Median Debt
-
Earnings (4yr)
$77,618
Natl Median: $62,645
Lifetime Value Added
-$158k
Music
DegCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,349
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

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.