College ROI

Smarter Choices, Brighter Futures
Back to Colleges

Midwestern State University

Wichita Falls, TX 4,043 Undergrads 55.2% Grad Rate
Share
Total Cost
$22,411
Sticker Price
Avg Net Price
$11,882
After Aid
Median Earnings
$55,747
10yr Post-Entry

Vs. Peer Institutions

Net Price$11,882
Peer Midpoint: $19,729.5
Earnings (10yr)$55,747
Peer Midpoint: $53,747
Graduation Rate55.2%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients42.9%
Enrollment Status
Full-Time78.2%
Economic Outcomes
Earn More than HS73.3%

Admissions Profile

Acceptance
87.4%
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
+$483k
+$87k
-$986
Median Cost$12k/yr
+$441k
+$44k
-$44k
Full Cost$22k/yr
+$403k
+$6k
-$82k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$12k/yr
Never
-102%
Full Cost$22k/yr
Never
-101%
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-80%

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-68%
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

Associate's Degrees

Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
-
Earnings (5yr)
$63,983
Lifetime Value Added
+$148k

Bachelor's Degrees

Accounting and Related Services
BachCIP: 5203
Median Debt
$24,398
Earnings (5yr)
$65,105
Lifetime Value Added
+$39k
Allied Health Diagnostic, Intervention, and Treatment Professions
BachCIP: 5109
Median Debt
$17,064
Earnings (5yr)
$74,902
Lifetime Value Added
+$113k
Biology, General
BachCIP: 2601
Median Debt
$26,850
Earnings (5yr)
$58,445
Lifetime Value Added
-$13k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$22,775
Earnings (5yr)
$58,542
Lifetime Value Added
-$12k
Business/Commerce, General
BachCIP: 5201
Median Debt
-
Earnings (5yr)
$49,412
Lifetime Value Added
-$87k
Communication and Media Studies
BachCIP: 0901
Median Debt
$23,896
Earnings (5yr)
$43,292
Lifetime Value Added
-$138k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
-
Earnings (5yr)
$90,788
Lifetime Value Added
+$232k
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
$23,370
Earnings (5yr)
$43,441
Lifetime Value Added
-$136k
Dental Support Services and Allied Professions
BachCIP: 5106
Median Debt
$19,349
Earnings (5yr)
$64,004
Lifetime Value Added
+$30k
English Language and Literature, General
BachCIP: 2301
Median Debt
-
Earnings (5yr)
$42,974
Lifetime Value Added
-$140k
Finance and Financial Management Services
BachCIP: 5208
Median Debt
$23,661
Earnings (5yr)
$59,541
Lifetime Value Added
-$5k
Fine and Studio Arts
BachCIP: 5007
Median Debt
-
Earnings (5yr)
$32,427
Lifetime Value Added
-$230k
Health and Physical Education/Fitness
BachCIP: 3105
Median Debt
-
Earnings (2yr)
$39,909
Lifetime Value Added
-$145k
History
BachCIP: 5401
Median Debt
$30,500
Earnings (2yr)
$20,140
Lifetime Value Added
-$325k
Marketing
BachCIP: 5214
Median Debt
$24,146
Earnings (5yr)
$56,861
Lifetime Value Added
-$26k
Mechanical Engineering
BachCIP: 1419
Median Debt
$31,000
Earnings (5yr)
$76,173
Lifetime Value Added
+$122k
Multi/Interdisciplinary Studies, Other
BachCIP: 3099
Median Debt
$21,625
Earnings (5yr)
$48,686
Lifetime Value Added
-$93k
Parks, Recreation and Leisure Studies
BachCIP: 3101
Median Debt
-
Earnings (5yr)
$47,288
Lifetime Value Added
-$104k
Physiology, Pathology and Related Sciences
BachCIP: 2609
Median Debt
$20,500
Earnings (5yr)
$51,776
Lifetime Value Added
-$67k
Psychology, General
BachCIP: 4201
Median Debt
$22,750
Earnings (5yr)
$44,475
Lifetime Value Added
-$128k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$20,392
Earnings (5yr)
$88,837
Lifetime Value Added
+$217k
Social Work
BachCIP: 4407
Median Debt
$29,875
Earnings (5yr)
$44,251
Lifetime Value Added
-$130k
Sociology
BachCIP: 4511
Median Debt
-
Earnings (5yr)
$45,329
Lifetime Value Added
-$121k

Master's Degrees

Business Administration, Management and Operations
MastCIP: 5202
Median Debt
$22,000
Earnings (2yr)
$59,124
Lifetime Value Added
+$96k
Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
-
Earnings (2yr)
$42,123
Lifetime Value Added
-$72k
Educational Administration and Supervision
MastCIP: 1304
Median Debt
-
Earnings (2yr)
$46,478
Lifetime Value Added
-$28k
Health and Medical Administrative Services
MastCIP: 5107
Median Debt
-
Earnings (2yr)
$91,744
Lifetime Value Added
+$395k
Health and Physical Education/Fitness
MastCIP: 3105
Median Debt
$30,750
Earnings (5yr)
$49,768
Lifetime Value Added
-$24k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
MastCIP: 5138
Median Debt
$31,545
Earnings (2yr)
$119,061
Lifetime Value Added
+$643k
Special Education and Teaching
MastCIP: 1310
Median Debt
$28,493
Earnings (5yr)
$63,072
Lifetime Value Added
+$99k

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.