College ROI

Smarter Choices, Brighter Futures
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Oberlin College

Oberlin, OH 2,950 Undergrads 84.5% Grad Rate
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Total Cost
$84,230
Sticker Price
Avg Net Price
$39,184
After Aid
Median Earnings
$58,343
10yr Post-Entry

Vs. Peer Institutions

Net Price$39,184
Peer Midpoint: $19,729.5
Earnings (10yr)$58,343
Peer Midpoint: $53,747
Graduation Rate84.5%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients9.0%
Enrollment Status
Full-Time99.7%
Economic Outcomes
Earn More than HS64.9%

Admissions Profile

Acceptance
33.0%
SAT Avg
1,440
SAT Reading
25th: 70071575th: 760
SAT Math
25th: 67068475th: 750
ACT Composite
25th: 303275th: 33

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
+$504k
+$107k
+$20k
Median Cost$39k/yr
+$363k
-$34k
-$121k
Full Cost$84k/yr
+$201k
-$196k
-$284k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
47
Median Cost$39k/yr
Never
-86%
Full Cost$84k/yr
Never
-94%
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-83%

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-88%
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
-
Earnings (2yr)
$25,194
Lifetime Value Added
-$377k
Area Studies
BachCIP: 0501
Median Debt
$24,951
Earnings (5yr)
$46,571
Lifetime Value Added
-$208k
Biology, General
BachCIP: 2601
Median Debt
$23,250
Earnings (2yr)
$23,456
Lifetime Value Added
-$393k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
$26,000
Earnings (5yr)
$156,925
Lifetime Value Added
+$624k
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
-
Earnings (2yr)
$22,771
Lifetime Value Added
-$399k
Economics
BachCIP: 4506
Median Debt
$25,000
Earnings (5yr)
$93,318
Lifetime Value Added
+$153k
English Language and Literature, General
BachCIP: 2301
Median Debt
$25,567
Earnings (2yr)
$19,045
Lifetime Value Added
-$434k
Film/Video and Photographic Arts
BachCIP: 5006
Median Debt
$25,500
Earnings (2yr)
$16,992
Lifetime Value Added
-$453k
Fine and Studio Arts
BachCIP: 5007
Median Debt
$20,500
Earnings (2yr)
$18,771
Lifetime Value Added
-$436k
Music
BachCIP: 5009
Median Debt
$25,500
Earnings (5yr)
$32,993
Lifetime Value Added
-$323k
Natural Resources Conservation and Research
BachCIP: 0301
Median Debt
$23,250
Earnings (5yr)
$48,762
Lifetime Value Added
-$190k
Neurobiology and Neurosciences
BachCIP: 2615
Median Debt
-
Earnings (2yr)
$27,750
Lifetime Value Added
-$354k
Philosophy
BachCIP: 3801
Median Debt
-
Earnings (2yr)
$18,154
Lifetime Value Added
-$442k
Political Science and Government
BachCIP: 4510
Median Debt
$23,250
Earnings (5yr)
$65,609
Lifetime Value Added
-$55k
Psychology, General
BachCIP: 4201
Median Debt
$23,750
Earnings (5yr)
$43,093
Lifetime Value Added
-$237k
Sociology
BachCIP: 4511
Median Debt
-
Earnings (2yr)
$28,236
Lifetime Value Added
-$349k

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.