College ROI

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Salem Community College

Carneys Point, NJ 910 Undergrads 40.6% Grad Rate
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Total Cost
$17,857
Sticker Price
Avg Net Price
$10,816
After Aid
Median Earnings
$50,664
4yr Post-Grad

Vs. Peer Institutions

Net Price$10,816
Peer Midpoint: $9,847
Earnings (4yr Post-Grad)$50,664
Peer Midpoint: $50,127.5
Graduation Rate40.6%
Peer Midpoint: 34.6%
Socio-Economic Diversity
Pell Grant Recipients44.4%
Enrollment Status
Full-Time52.5%
Economic Outcomes
Earn More than HS55.4%

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
+$539k
+$23k
+$55k
Median Cost$11k/yr
+$519k
+$3k
+$35k
Full Cost$18k/yr
+$506k
-$9k
+$22k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
30
∞
Median Cost$11k/yr
36
175%
Full Cost$18k/yr
42
66%
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 Return233%

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 Return9%
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

Certificates

Allied Health and Medical Assisting Services
CertCIP: 5108
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,272
Lifetime Value Added
N/A
Business Operations Support and Assistant Services
CertCIP: 5204
Median Debt
-
Earnings (4yr)
-
Natl Median: $32,681
Lifetime Value Added
N/A
Practical Nursing, Vocational Nursing and Nursing Assistants
CertCIP: 5139
Median Debt
$9,500
Earnings (4yr)
$62,782
Natl Median: $56,073
Lifetime Value Added
+$215k

Associate's Degrees

Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,389
Lifetime Value Added
N/A
Biology, General
AssocCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,758
Lifetime Value Added
N/A
Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,733
Lifetime Value Added
N/A
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,706
Lifetime Value Added
N/A
Design and Applied Arts
AssocCIP: 5004
Median Debt
-
Earnings (4yr)
-
Natl Median: $38,127
Lifetime Value Added
N/A
Education, General
AssocCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,787
Lifetime Value Added
N/A
Energy Systems Technologies/Technicians
AssocCIP: 1517
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,276
Lifetime Value Added
N/A
Fine and Studio Arts
AssocCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $31,650
Lifetime Value Added
N/A
Journalism
AssocCIP: 0904
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,496
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
-
Earnings (4yr)
$32,410
Natl Median: $44,125
Lifetime Value Added
-$149k
Nuclear and Industrial Radiologic Technologies/Technicians
AssocCIP: 4102
Median Debt
-
Earnings (4yr)
-
Natl Median: $86,692
Lifetime Value Added
N/A
Political Science and Government
AssocCIP: 4510
Median Debt
-
Earnings (4yr)
-
Natl Median: $45,147
Lifetime Value Added
N/A
Precision Production, Other
AssocCIP: 4899
Median Debt
-
Earnings (4yr)
$43,984
Natl Median: $51,392
Lifetime Value Added
-$32k
Psychology, General
AssocCIP: 4201
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,288
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$12,000
Earnings (4yr)
$97,055
Natl Median: $80,813
Lifetime Value Added
+$459k
Social Sciences, General
AssocCIP: 4501
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,146
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 degree decision moving forward. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.