College ROI

Smarter Choices, Brighter Futures
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School of the Art Institute of Chicago

Chicago, IL 2,805 Undergrads 69.1% Grad Rate
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Total Cost
$75,625
Sticker Price
Avg Net Price
$49,790
After Aid
Median Earnings
$45,385
4yr Post-Grad

Vs. Peer Institutions

Net Price$49,790
Peer Midpoint: $20,080.5
Earnings (4yr Post-Grad)$45,385
Peer Midpoint: $60,428
Graduation Rate69.1%
Peer Midpoint: 58.9%
Socio-Economic Diversity
Pell Grant Recipients18.9%
Enrollment Status
Full-Time93.1%
Economic Outcomes
Earn More than HS45.4%

Admissions Profile

Acceptance
77.5%
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
+$415k
-$52k
-$70k
Median Cost$50k/yr
+$235k
-$231k
-$249k
Full Cost$76k/yr
+$143k
-$324k
-$342k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$50k/yr
Never
-139%
Full Cost$76k/yr
Never
-126%
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-137%

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-101%
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

Fine and Studio Arts
BachCIP: 5007
Median Debt
$27,000
Earnings (4yr)
$45,602
Natl Median: $41,367
Lifetime Value Added
-$247k
Interior Architecture
BachCIP: 0405
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,369
Lifetime Value Added
N/A
Rhetoric and Composition/Writing Studies
BachCIP: 2313
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,471
Lifetime Value Added
N/A
Visual and Performing Arts, General
BachCIP: 5001
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,688
Lifetime Value Added
N/A

Post-Baccalaureate Certificates

Design and Applied Arts
PB-CertCIP: 5004
Median Debt
-
Earnings (4yr)
-
Natl Median: $81,857
Lifetime Value Added
N/A
Fine and Studio Arts
PB-CertCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $26,285
Lifetime Value Added
N/A

Master's Degrees

Architecture
MastCIP: 0402
Median Debt
-
Earnings (4yr)
$74,629
Natl Median: $74,139
Lifetime Value Added
-$74k
Arts, Entertainment, and Media Management
MastCIP: 5010
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,685
Lifetime Value Added
N/A
Design and Applied Arts
MastCIP: 5004
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,073
Lifetime Value Added
N/A
Fine and Studio Arts
MastCIP: 5007
Median Debt
$69,783
Earnings (4yr)
$47,355
Natl Median: $49,079
Lifetime Value Added
-$324k
Journalism
MastCIP: 0904
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,034
Lifetime Value Added
N/A
Rehabilitation and Therapeutic Professions
MastCIP: 5123
Median Debt
$69,198
Earnings (4yr)
$58,809
Natl Median: $71,416
Lifetime Value Added
-$215k
Rhetoric and Composition/Writing Studies
MastCIP: 2313
Median Debt
$62,718
Earnings (4yr)
$42,100
Natl Median: $55,035
Lifetime Value Added
-$375k
Teacher Education and Professional Development, Specific Subject Areas
MastCIP: 1313
Median Debt
$50,834
Earnings (4yr)
$52,952
Natl Median: $63,707
Lifetime Value Added
-$270k
Visual and Performing Arts, General
MastCIP: 5001
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,460
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.