College ROI

Smarter Choices, Brighter Futures
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Monmouth University

West Long Branch, NJ 3,831 Undergrads 73.7% Grad Rate
Share
Total Cost
$60,113
Sticker Price
Avg Net Price
$31,650
After Aid
Median Earnings
$67,991
10yr Post-Entry

Vs. Peer Institutions

Net Price$31,650
Peer Midpoint: $19,729.5
Earnings (10yr)$67,991
Peer Midpoint: $53,747
Graduation Rate73.7%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients30.3%
Enrollment Status
Full-Time96.8%
Economic Outcomes
Earn More than HS77.3%

Admissions Profile

Acceptance
89.5%
SAT Avg
1,204
SAT Reading
25th: 57058575th: 640
SAT Math
25th: 55557575th: 630
ACT Composite
25th: 242475th: 28

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
+$578k
+$182k
+$94k
Median Cost$32k/yr
+$464k
+$68k
-$20k
Full Cost$60k/yr
+$362k
-$35k
-$123k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
33
Median Cost$32k/yr
Never
-18%
Full Cost$60k/yr
Never
-57%
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-15%

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-67%
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

Bachelor's Degrees

Anthropology
BachCIP: 4502
Median Debt
$24,000
Earnings (5yr)
$58,796
Lifetime Value Added
-$82k
Biology, General
BachCIP: 2601
Median Debt
$27,000
Earnings (5yr)
$72,096
Lifetime Value Added
+$21k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$26,000
Earnings (5yr)
$81,305
Lifetime Value Added
+$90k
Chemistry
BachCIP: 4005
Median Debt
$27,000
Earnings (5yr)
$66,546
Lifetime Value Added
-$21k
Communication and Media Studies
BachCIP: 0901
Median Debt
$25,000
Earnings (5yr)
$60,135
Lifetime Value Added
-$71k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
$26,747
Earnings (5yr)
$88,775
Lifetime Value Added
+$146k
Computer Engineering
BachCIP: 1409
Median Debt
-
Earnings (2yr)
$57,318
Lifetime Value Added
-$66k
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
$27,000
Earnings (5yr)
$63,503
Lifetime Value Added
-$45k
Ecology, Evolution, Systematics, and Population Biology
BachCIP: 2613
Median Debt
$27,000
Earnings (2yr)
$22,667
Lifetime Value Added
-$373k
Education, General
BachCIP: 1301
Median Debt
$27,000
Earnings (5yr)
$60,732
Lifetime Value Added
-$66k
English Language and Literature, General
BachCIP: 2301
Median Debt
$26,000
Earnings (5yr)
$56,517
Lifetime Value Added
-$100k
Fine and Studio Arts
BachCIP: 5007
Median Debt
$27,000
Earnings (5yr)
$58,008
Lifetime Value Added
-$88k
Health and Medical Administrative Services
BachCIP: 5107
Median Debt
$26,000
Earnings (5yr)
$65,891
Lifetime Value Added
-$26k
Health Services/Allied Health/Health Sciences, General
BachCIP: 5100
Median Debt
$27,000
Earnings (5yr)
$61,672
Lifetime Value Added
-$59k
History
BachCIP: 5401
Median Debt
$27,000
Earnings (5yr)
$54,449
Lifetime Value Added
-$117k
Linguistic, Comparative, and Related Language Studies and Services
BachCIP: 1601
Median Debt
-
Earnings (2yr)
$50,231
Lifetime Value Added
-$126k
Mathematics
BachCIP: 2701
Median Debt
$26,829
Earnings (5yr)
$73,949
Lifetime Value Added
+$35k
Music
BachCIP: 5009
Median Debt
$24,625
Earnings (5yr)
$44,550
Lifetime Value Added
-$198k
Political Science and Government
BachCIP: 4510
Median Debt
$27,000
Earnings (5yr)
$68,531
Lifetime Value Added
-$6k
Psychology, General
BachCIP: 4201
Median Debt
$27,000
Earnings (5yr)
$58,640
Lifetime Value Added
-$83k
Social Work
BachCIP: 4407
Median Debt
$27,000
Earnings (5yr)
$59,332
Lifetime Value Added
-$77k
Sociology
BachCIP: 4511
Median Debt
-
Earnings (2yr)
$28,055
Lifetime Value Added
-$324k
Special Education and Teaching
BachCIP: 1310
Median Debt
-
Earnings (2yr)
$42,682
Lifetime Value Added
-$192k

Master's Degrees

Anthropology
MastCIP: 4502
Median Debt
-
Earnings (2yr)
$40,467
Lifetime Value Added
-$126k
Business Administration, Management and Operations
MastCIP: 5202
Median Debt
$27,684
Earnings (5yr)
$99,582
Lifetime Value Added
+$378k
Computer Engineering
MastCIP: 1409
Median Debt
-
Earnings (2yr)
$81,702
Lifetime Value Added
+$267k
Criminal Justice and Corrections
MastCIP: 4301
Median Debt
-
Earnings (2yr)
$50,856
Lifetime Value Added
-$21k
Education, General
MastCIP: 1301
Median Debt
$52,018
Earnings (5yr)
$61,094
Lifetime Value Added
+$45k
English Language and Literature, General
MastCIP: 2301
Median Debt
-
Earnings (5yr)
$74,792
Lifetime Value Added
+$165k
Homeland Security
MastCIP: 4303
Median Debt
-
Earnings (5yr)
$78,542
Lifetime Value Added
+$197k
Mental and Social Health Services and Allied Professions
MastCIP: 5115
Median Debt
$66,568
Earnings (5yr)
$63,483
Lifetime Value Added
+$66k
Public Policy Analysis
MastCIP: 4405
Median Debt
-
Earnings (5yr)
$76,453
Lifetime Value Added
+$179k
Public Relations, Advertising, and Applied Communication
MastCIP: 0909
Median Debt
-
Earnings (2yr)
$48,432
Lifetime Value Added
-$45k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
MastCIP: 5138
Median Debt
$48,669
Earnings (5yr)
$131,719
Lifetime Value Added
+$652k
Social Work
MastCIP: 4407
Median Debt
$41,000
Earnings (5yr)
$62,567
Lifetime Value Added
+$58k
Special Education and Teaching
MastCIP: 1310
Median Debt
$27,381
Earnings (5yr)
$69,183
Lifetime Value Added
+$116k
Student Counseling and Personnel Services
MastCIP: 1311
Median Debt
$44,681
Earnings (5yr)
$62,200
Lifetime Value Added
+$55k

Graduate Certificates

Education, General
Gr-CertCIP: 1301
Median Debt
-
Earnings (5yr)
$68,949
Lifetime Value Added
+$201k
Homeland Security
Gr-CertCIP: 4303
Median Debt
-
Earnings (2yr)
$55,964
Lifetime Value Added
+$108k

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.