College ROI

Smarter Choices, Brighter Futures
Back to Colleges

Montana State University Billings

Billings, MT 2,710 Undergrads 34.4% Grad Rate
Share
Total Cost
$18,473
Sticker Price
Avg Net Price
$15,044
After Aid
Median Earnings
$44,296
10yr Post-Entry

Vs. Peer Institutions

Net Price$15,044
Peer Midpoint: $19,729.5
Earnings (10yr)$44,296
Peer Midpoint: $53,747
Graduation Rate34.4%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients35.3%
Enrollment Status
Full-Time68.9%
Economic Outcomes
Earn More than HS68.2%

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
+$391k
-$6k
-$94k
Median Cost$15k/yr
+$337k
-$60k
-$148k
Full Cost$18k/yr
+$324k
-$72k
-$160k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$15k/yr
Never
-273%
Full Cost$18k/yr
Never
-241%
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-313%

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-116%
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

Practical Nursing, Vocational Nursing and Nursing Assistants
AssocCIP: 5139
Median Debt
-
Earnings (5yr)
$51,978
Lifetime Value Added
+$30k
Precision Metal Working
AssocCIP: 4805
Median Debt
-
Earnings (2yr)
$36,848
Lifetime Value Added
-$96k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$19,937
Earnings (5yr)
$68,933
Lifetime Value Added
+$187k
Vehicle Maintenance and Repair Technologies
AssocCIP: 4706
Median Debt
-
Earnings (5yr)
$53,559
Lifetime Value Added
+$45k

Bachelor's Degrees

Business/Commerce, General
BachCIP: 5201
Median Debt
$17,503
Earnings (5yr)
$57,075
Lifetime Value Added
-$36k
Clinical, Counseling and Applied Psychology
BachCIP: 4228
Median Debt
-
Earnings (2yr)
$29,685
Lifetime Value Added
-$249k
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
-
Earnings (5yr)
$40,922
Lifetime Value Added
-$169k
Health and Medical Administrative Services
BachCIP: 5107
Median Debt
$16,877
Earnings (2yr)
$38,289
Lifetime Value Added
-$171k
Liberal Arts and Sciences, General Studies and Humanities
BachCIP: 2401
Median Debt
$18,143
Earnings (5yr)
$58,448
Lifetime Value Added
-$25k
Public Relations, Advertising, and Applied Communication
BachCIP: 0909
Median Debt
$16,000
Earnings (2yr)
$38,289
Lifetime Value Added
-$171k
Sociology
BachCIP: 4511
Median Debt
-
Earnings (2yr)
$31,851
Lifetime Value Added
-$229k
Special Education and Teaching
BachCIP: 1310
Median Debt
-
Earnings (2yr)
$25,774
Lifetime Value Added
-$285k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$20,000
Earnings (5yr)
$45,454
Lifetime Value Added
-$131k
Teacher Education and Professional Development, Specific Subject Areas
BachCIP: 1313
Median Debt
-
Earnings (5yr)
$49,293
Lifetime Value Added
-$99k

Master's Degrees

Special Education and Teaching
MastCIP: 1310
Median Debt
-
Earnings (2yr)
$37,208
Lifetime Value Added
-$129k

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.