College ROI

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Monmouth College

Monmouth, IL 702 Undergrads 58.0% Grad Rate
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Total Cost
$57,157
Sticker Price
Avg Net Price
$17,133
After Aid
Median Earnings
$51,368
4yr Post-Grad

Vs. Peer Institutions

Net Price$17,133
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$51,368
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$51,110
Peer Midpoint: $53,763
Graduation Rate58.0%
Peer Midpoint: 58.9%
Average Starting Age19.7
Socio-Economic Diversity
Pell Grant Recipients34.1%
Enrollment Status
Full-Time99.7%
Economic Outcomes
Earn More than HS74.8%

Admissions Profile

Acceptance
90.9%
SAT Avg
1,128
SAT Reading
25th: 50059075th: 620
SAT Math
25th: 50060075th: 590
ACT Composite
25th: 202675th: 27

ROI Sensitivity Analysis
Assuming 4 Years to Graduation

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
+$465k
-$2k
-$19k
Median Cost$17k/yr
+$403k
-$64k
-$81k
Full Cost$57k/yr
+$259k
-$208k
-$225k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$17k/yr
Never
-131%
Full Cost$57k/yr
Never
-109%
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-108%

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-91%
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, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.

Program ROI Analysis

Bachelor's Degrees

Median Debt
-
Earnings (4yr)
$66,326
Natl Median: $76,194
Lifetime Value Added
+$40k
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,533
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,214
Lifetime Value Added
N/A
Biopsychology
BachCIP: 3010
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,825
Lifetime Value Added
N/A
Median Debt
$25,045
Earnings (4yr)
$65,916
Natl Median: $68,257
Lifetime Value Added
+$36k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,429
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$46,462
Natl Median: $56,359
Lifetime Value Added
-$122k
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,009
Lifetime Value Added
N/A
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
Education, General
BachCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,808
Lifetime Value Added
N/A
Median Debt
-
Earnings (2yr)
$23,351
Natl Median: $48,590
Lifetime Value Added
-$315k
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,367
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
-
Earnings (5yr)
$48,435
Natl Median: $50,680
Lifetime Value Added
-$114k
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,597
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,201
Lifetime Value Added
N/A
International/Globalization Studies
BachCIP: 3020
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,972
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,072
Lifetime Value Added
N/A
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,892
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,012
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
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,293
Lifetime Value Added
N/A
Psychology, General
BachCIP: 4201
Median Debt
$27,000
Earnings (4yr)
$47,329
Natl Median: $50,706
Lifetime Value Added
-$115k
Median Debt
-
Earnings (2yr)
$28,960
Natl Median: $63,560
Lifetime Value Added
-$263k
Median Debt
$27,000
Earnings (4yr)
$51,377
Natl Median: $55,000
Lifetime Value Added
-$81k
Sociology
BachCIP: 4511
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,657
Lifetime Value Added
N/A
Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
$24,625
Earnings (4yr)
$50,093
Natl Median: $54,562
Lifetime Value Added
-$92k
Median Debt
-
Earnings (4yr)
$42,058
Natl Median: $47,382
Lifetime Value Added
-$160k
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,389
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 decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.