College ROI

Smarter Choices, Brighter Futures
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Roanoke College

Salem, VA 1,767 Undergrads 69.8% Grad Rate
Share
Total Cost
$54,283
Sticker Price
Avg Net Price
$24,503
After Aid
Median Earnings
$56,840
4yr Post-Grad

Vs. Peer Institutions

Net Price$24,503
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$56,840
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$58,047
Peer Midpoint: $53,763
Graduation Rate69.8%
Peer Midpoint: 58.9%
Average Starting Age19.9
Socio-Economic Diversity
Pell Grant Recipients24.7%
Enrollment Status
Full-Time98.0%
Economic Outcomes
Earn More than HS76.9%

Admissions Profile

Acceptance
83.1%
SAT Avg
1,211
SAT Reading
25th: 56059075th: 660
SAT Math
25th: 53056575th: 640
ACT Composite
25th: 242575th: 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
+$510k
+$43k
+$26k
Median Cost$25k/yr
+$422k
-$45k
-$62k
Full Cost$54k/yr
+$315k
-$152k
-$170k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
44
Median Cost$25k/yr
Never
-71%
Full Cost$54k/yr
Never
-87%
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-68%

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-81%
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

Allied Health Diagnostic, Intervention, and Treatment Professions
BachCIP: 5109
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,786
Lifetime Value Added
N/A
Biochemistry, Biophysics and Molecular Biology
BachCIP: 2602
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,466
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$27,000
Earnings (4yr)
$55,246
Natl Median: $57,214
Lifetime Value Added
-$75k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$26,000
Earnings (4yr)
$69,323
Natl Median: $68,257
Lifetime Value Added
+$36k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Communication and Media Studies
BachCIP: 0901
Median Debt
$26,820
Earnings (4yr)
$76,198
Natl Median: $56,359
Lifetime Value Added
+$89k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
-
Earnings (4yr)
-
Natl Median: $92,374
Lifetime Value Added
N/A
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,009
Lifetime Value Added
N/A
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
$27,000
Earnings (4yr)
$58,040
Natl Median: $55,378
Lifetime Value Added
-$53k
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
-
Earnings (4yr)
-
Natl Median: $82,686
Lifetime Value Added
N/A
English Language and Literature, General
BachCIP: 2301
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,590
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
$27,000
Earnings (4yr)
$41,210
Natl Median: $50,680
Lifetime Value Added
-$194k
International Relations and National Security Studies
BachCIP: 4509
Median Debt
-
Earnings (4yr)
-
Natl Median: $66,596
Lifetime Value Added
N/A
Management Sciences and Quantitative Methods
BachCIP: 5213
Median Debt
-
Earnings (4yr)
-
Natl Median: $86,176
Lifetime Value Added
N/A
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Multi-/Interdisciplinary Studies, General
BachCIP: 3000
Median Debt
-
Earnings (4yr)
$50,074
Natl Median: $50,532
Lifetime Value Added
-$118k
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,892
Lifetime Value Added
N/A
Natural Resources Conservation and Research
BachCIP: 0301
Median Debt
$27,000
Earnings (4yr)
$54,957
Natl Median: $55,012
Lifetime Value Added
-$78k
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
-
Earnings (4yr)
$71,604
Natl Median: $63,293
Lifetime Value Added
+$54k
Psychology, General
BachCIP: 4201
Median Debt
$27,000
Earnings (4yr)
$49,018
Natl Median: $50,706
Lifetime Value Added
-$127k
Religion/Religious Studies
BachCIP: 3802
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,390
Lifetime Value Added
N/A
Rhetoric and Composition/Writing Studies
BachCIP: 2313
Median Debt
-
Earnings (4yr)
$43,974
Natl Median: $48,471
Lifetime Value Added
-$170k
Romance Languages, Literatures, and Linguistics
BachCIP: 1609
Median Debt
$27,000
Earnings (4yr)
-
Natl Median: $55,000
Lifetime Value Added
N/A
Sociology
BachCIP: 4511
Median Debt
$27,000
Earnings (4yr)
$59,580
Natl Median: $52,657
Lifetime Value Added
-$40k
Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
$27,000
Earnings (4yr)
$65,112
Natl Median: $54,562
Lifetime Value Added
+$4k
Teacher Education and Professional Development, Specific Subject Areas
BachCIP: 1313
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,389
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.