College ROI

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Morehouse College

Atlanta, GA 2,844 Undergrads 54.9% Grad Rate
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Total Cost
$51,433
Sticker Price
Avg Net Price
$39,013
After Aid
Median Earnings
$61,320
4yr Post-Grad

Vs. Peer Institutions

Net Price$39,013
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$61,320
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$52,889
Peer Midpoint: $53,763
Graduation Rate54.9%
Peer Midpoint: 58.9%
Average Starting Age19.7
Socio-Economic Diversity
Pell Grant Recipients44.5%
Enrollment Status
Full-Time90.5%
Economic Outcomes
Earn More than HS61.8%

Admissions Profile

Acceptance
44.0%
SAT Avg
1,090
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: 182375th: 25

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
+$546k
+$79k
+$62k
Median Cost$39k/yr
+$406k
-$61k
-$79k
Full Cost$51k/yr
+$361k
-$106k
-$123k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
36
∞
Median Cost$39k/yr
Never
-56%
Full Cost$51k/yr
Never
-67%
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-31%

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-70%
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

Area Studies
BachCIP: 0501
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,625
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$23,598
Earnings (4yr)
$34,866
Natl Median: $57,214
Lifetime Value Added
-$301k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$23,250
Earnings (4yr)
$69,422
Natl Median: $68,257
Lifetime Value Added
-$15k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Communication and Media Studies
BachCIP: 0901
Median Debt
$25,698
Earnings (4yr)
$40,273
Natl Median: $56,359
Lifetime Value Added
-$254k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
-
Earnings (4yr)
$112,934
Natl Median: $92,374
Lifetime Value Added
+$317k
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Economics
BachCIP: 4506
Median Debt
$22,502
Earnings (4yr)
$84,816
Natl Median: $82,686
Lifetime Value Added
+$102k
Education, General
BachCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,808
Lifetime Value Added
N/A
Engineering, General
BachCIP: 1401
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,359
Lifetime Value Added
N/A
English Language and Literature, General
BachCIP: 2301
Median Debt
$26,000
Earnings (4yr)
$46,847
Natl Median: $48,590
Lifetime Value Added
-$198k
Ethnic, Cultural Minority, Gender, and Group Studies
BachCIP: 0502
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,710
Lifetime Value Added
N/A
Fine and Studio Arts
BachCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,367
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,680
Lifetime Value Added
N/A
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Multi/Interdisciplinary Studies, Other
BachCIP: 3099
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,693
Lifetime Value Added
N/A
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,892
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
Political Science and Government
BachCIP: 4510
Median Debt
$25,000
Earnings (4yr)
$71,139
Natl Median: $63,293
Lifetime Value Added
-$2k
Psychology, General
BachCIP: 4201
Median Debt
$26,000
Earnings (4yr)
$54,867
Natl Median: $50,706
Lifetime Value Added
-$131k
Religion/Religious Studies
BachCIP: 3802
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,390
Lifetime Value Added
N/A
Romance Languages, Literatures, and Linguistics
BachCIP: 1609
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,000
Lifetime Value Added
N/A
Sociology
BachCIP: 4511
Median Debt
$27,000
Earnings (4yr)
$62,517
Natl Median: $52,657
Lifetime Value Added
-$69k
Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
$28,000
Earnings (4yr)
$39,567
Natl Median: $54,562
Lifetime Value Added
-$260k
Urban Studies/Affairs
BachCIP: 4512
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,532
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. 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.