College ROI

Smarter Choices, Brighter Futures
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Muhlenberg College

Allentown, PA 1,777 Undergrads 81.6% Grad Rate
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Total Cost
$73,782
Sticker Price
Avg Net Price
$30,314
After Aid
Median Earnings
$69,107
10yr Post-Entry

Vs. Peer Institutions

Net Price$30,314
Peer Midpoint: $19,729.5
Earnings (10yr)$69,107
Peer Midpoint: $53,747
Graduation Rate81.6%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients20.8%
Enrollment Status
Full-Time98.3%
Economic Outcomes
Earn More than HS71.6%

Admissions Profile

Acceptance
64.0%
SAT Avg
1,327
SAT Reading
25th: 63065075th: 710
SAT Math
25th: 60063575th: 690
ACT Composite
25th: 283075th: 31

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
+$586k
+$190k
+$102k
Median Cost$30k/yr
+$477k
+$81k
-$7k
Full Cost$74k/yr
+$321k
-$76k
-$164k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
32
Median Cost$30k/yr
Never
-7%
Full Cost$74k/yr
Never
-62%
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-25%

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-72%
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

Accounting and Related Services
BachCIP: 5203
Median Debt
$27,000
Earnings (5yr)
$92,565
Lifetime Value Added
+$179k
Biology, General
BachCIP: 2601
Median Debt
$24,388
Earnings (5yr)
$84,008
Lifetime Value Added
+$115k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$23,645
Earnings (5yr)
$80,998
Lifetime Value Added
+$92k
Communication and Media Studies
BachCIP: 0901
Median Debt
$23,829
Earnings (5yr)
$70,391
Lifetime Value Added
+$13k
Dance
BachCIP: 5003
Median Debt
$27,000
Earnings (5yr)
$55,505
Lifetime Value Added
-$103k
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
$27,000
Earnings (5yr)
$37,505
Lifetime Value Added
-$253k
Economics
BachCIP: 4506
Median Debt
$24,298
Earnings (5yr)
$86,366
Lifetime Value Added
+$132k
English Language and Literature, General
BachCIP: 2301
Median Debt
$27,000
Earnings (5yr)
$61,699
Lifetime Value Added
-$54k
Film/Video and Photographic Arts
BachCIP: 5006
Median Debt
-
Earnings (2yr)
$15,552
Lifetime Value Added
-$434k
Finance and Financial Management Services
BachCIP: 5208
Median Debt
$26,733
Earnings (5yr)
$113,440
Lifetime Value Added
+$335k
Mathematics
BachCIP: 2701
Median Debt
$24,428
Earnings (5yr)
$74,952
Lifetime Value Added
+$47k
Music
BachCIP: 5009
Median Debt
-
Earnings (2yr)
$23,649
Lifetime Value Added
-$359k
Neurobiology and Neurosciences
BachCIP: 2615
Median Debt
$26,280
Earnings (5yr)
$82,259
Lifetime Value Added
+$102k
Political Science and Government
BachCIP: 4510
Median Debt
$26,909
Earnings (5yr)
$98,108
Lifetime Value Added
+$220k
Psychology, General
BachCIP: 4201
Median Debt
$25,844
Earnings (5yr)
$60,128
Lifetime Value Added
-$66k

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.