College ROI

Smarter Choices, Brighter Futures
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Merritt College

Oakland, CA 5,153 Undergrads 20.2% Grad Rate
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Total Cost
$22,559
Sticker Price
Avg Net Price
$14,742
After Aid
Median Earnings
$44,392
10yr Post-Entry

Vs. Peer Institutions

Net Price$14,742
Peer Midpoint: $9,014
Earnings (10yr)$44,392
Peer Midpoint: $40,397
Graduation Rate20.2%
Peer Midpoint: 32.9%
Socio-Economic Diversity
Pell Grant Recipients11.7%
Enrollment Status
Full-Time18.2%
Economic Outcomes
Earn More than HS57.9%

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
+$443k
+$54k
-$41k
Median Cost$15k/yr
+$416k
+$27k
-$69k
Full Cost$23k/yr
+$401k
+$12k
-$83k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$15k/yr
Never
-253%
Full Cost$23k/yr
Never
-200%
Analysis Assumptions:
  • Starting Salary: Estimated from the 10-year 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-260%

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-107%
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

Human Development, Family Studies, and Related Services
CertCIP: 1907
Median Debt
-
Earnings (5yr)
$38,728
Lifetime Value Added
-$52k

Associate's Degrees

Health/Medical Preparatory Programs
AssocCIP: 5111
Median Debt
-
Earnings (5yr)
$48,573
Lifetime Value Added
-$3k
Human Development, Family Studies, and Related Services
AssocCIP: 1907
Median Debt
-
Earnings (5yr)
$33,629
Lifetime Value Added
-$150k
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
-
Earnings (5yr)
$49,990
Lifetime Value Added
+$11k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
-
Earnings (5yr)
$83,038
Lifetime Value Added
+$311k
Social Sciences, General
AssocCIP: 4501
Median Debt
-
Earnings (5yr)
$47,026
Lifetime Value Added
-$18k

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate, 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 should not be compared with those Undergraduate Certificates, Associates or Bachelors starting at age 18.