College ROI

Smarter Choices, Brighter Futures
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Schoolcraft Community College District

Livonia, MI 7,511 Undergrads 21.3% Grad Rate
Share
Total Cost
$12,048
Sticker Price
Avg Net Price
$2,260
After Aid
Median Earnings
$48,981
4yr Post-Grad

Vs. Peer Institutions

Net Price$2,260
Peer Midpoint: $9,847
Earnings (4yr Post-Grad)$48,981
Peer Midpoint: $50,127.5
Graduation Rate21.3%
Peer Midpoint: 34.6%
Socio-Economic Diversity
Pell Grant Recipients31.8%
Enrollment Status
Full-Time40.3%
Economic Outcomes
Earn More than HS58.1%

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
+$522k
+$7k
+$38k
Median Cost$2k/yr
+$518k
+$3k
+$34k
Full Cost$12k/yr
+$500k
-$15k
+$16k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
33
Median Cost$2k/yr
35
815%
Full Cost$12k/yr
44
72%
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 Return255%

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 Return30%
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

Accounting and Related Services
CertCIP: 5203
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,589
Lifetime Value Added
N/A
Agricultural and Food Products Processing
CertCIP: 0104
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,665
Lifetime Value Added
N/A
Allied Health and Medical Assisting Services
CertCIP: 5108
Median Debt
-
Earnings (4yr)
-
Natl Median: $34,272
Lifetime Value Added
N/A
Audiovisual Communications Technologies/Technicians
CertCIP: 1002
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,223
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
Business/Commerce, General
CertCIP: 5201
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,097
Lifetime Value Added
N/A
Clinical/Medical Laboratory Science/Research and Allied Professions
CertCIP: 5110
Median Debt
-
Earnings (5yr)
$29,627
Natl Median: $38,675
Lifetime Value Added
-$139k
Computer and Information Sciences and Support Services, Other
CertCIP: 1199
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,083
Lifetime Value Added
N/A
Computer Programming
CertCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,556
Lifetime Value Added
N/A
Computer Software and Media Applications
CertCIP: 1108
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,400
Lifetime Value Added
N/A
Computer/Information Technology Administration and Management
CertCIP: 1110
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,615
Lifetime Value Added
N/A
Culinary Arts and Related Services
CertCIP: 1205
Median Debt
-
Earnings (4yr)
-
Natl Median: $30,572
Lifetime Value Added
N/A
Drafting/Design Engineering Technologies/Technicians
CertCIP: 1513
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,359
Lifetime Value Added
N/A
Education, General
CertCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $47,863
Lifetime Value Added
N/A
Electrical/Electronic Engineering Technologies/Technicians
CertCIP: 1503
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,492
Lifetime Value Added
N/A
Electrical/Electronics Maintenance and Repair Technologies/Technicians
CertCIP: 4701
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,027
Lifetime Value Added
N/A
Entrepreneurial and Small Business Operations
CertCIP: 5207
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,211
Lifetime Value Added
N/A
Fine and Studio Arts
CertCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $36,104
Lifetime Value Added
N/A
Fire Protection
CertCIP: 4302
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,436
Lifetime Value Added
N/A
Health and Medical Administrative Services
CertCIP: 5107
Median Debt
$8,904
Earnings (4yr)
$37,927
Natl Median: $35,447
Lifetime Value Added
-$41k
Human Development, Family Studies, and Related Services
CertCIP: 1907
Median Debt
-
Earnings (4yr)
-
Natl Median: $31,135
Lifetime Value Added
N/A
Industrial Production Technologies/Technicians
CertCIP: 1506
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,294
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
CertCIP: 2401
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,906
Lifetime Value Added
N/A
Mechatronics, Robotics, and Automation Engineering
CertCIP: 1442
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,006
Lifetime Value Added
N/A
Music
CertCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,318
Lifetime Value Added
N/A
Practical Nursing, Vocational Nursing and Nursing Assistants
CertCIP: 5139
Median Debt
$10,500
Earnings (4yr)
$79,585
Natl Median: $56,073
Lifetime Value Added
+$387k
Precision Metal Working
CertCIP: 4805
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,702
Lifetime Value Added
N/A
Somatic Bodywork and Related Therapeutic Services
CertCIP: 5135
Median Debt
-
Earnings (4yr)
-
Natl Median: $29,652
Lifetime Value Added
N/A
Sports, Kinesiology, and Physical Education/Fitness
CertCIP: 3105
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,647
Lifetime Value Added
N/A

Associate's Degrees

Accounting and Related Services
AssocCIP: 5203
Median Debt
-
Earnings (4yr)
$52,940
Natl Median: $47,660
Lifetime Value Added
+$73k
Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,389
Lifetime Value Added
N/A
Audiovisual Communications Technologies/Technicians
AssocCIP: 1002
Median Debt
-
Earnings (4yr)
-
Natl Median: $35,660
Lifetime Value Added
N/A
Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
$10,500
Earnings (4yr)
$53,052
Natl Median: $48,733
Lifetime Value Added
+$74k
Business Operations Support and Assistant Services
AssocCIP: 5204
Median Debt
-
Earnings (2yr)
$19,227
Natl Median: $37,587
Lifetime Value Added
-$262k
Business/Commerce, General
AssocCIP: 5201
Median Debt
-
Earnings (4yr)
$62,693
Natl Median: $49,927
Lifetime Value Added
+$165k
Computer Programming
AssocCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,070
Lifetime Value Added
N/A
Computer Software and Media Applications
AssocCIP: 1108
Median Debt
-
Earnings (5yr)
$32,178
Natl Median: $41,737
Lifetime Value Added
-$142k
Computer/Information Technology Administration and Management
AssocCIP: 1110
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,726
Lifetime Value Added
N/A
Cosmetology and Related Personal Grooming Services
AssocCIP: 1204
Median Debt
-
Earnings (4yr)
-
Natl Median: $27,014
Lifetime Value Added
N/A
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
$10,500
Earnings (4yr)
$55,436
Natl Median: $46,706
Lifetime Value Added
+$97k
Culinary Arts and Related Services
AssocCIP: 1205
Median Debt
$16,325
Earnings (4yr)
$37,459
Natl Median: $39,605
Lifetime Value Added
-$82k
Drafting/Design Engineering Technologies/Technicians
AssocCIP: 1513
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,895
Lifetime Value Added
N/A
Electrical/Electronic Engineering Technologies/Technicians
AssocCIP: 1503
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,792
Lifetime Value Added
N/A
Electromechanical Technologies/Technicians
AssocCIP: 1504
Median Debt
-
Earnings (4yr)
$72,669
Natl Median: $73,046
Lifetime Value Added
+$256k
Engineering, General
AssocCIP: 1401
Median Debt
-
Earnings (4yr)
-
Natl Median: $72,916
Lifetime Value Added
N/A
Entrepreneurial and Small Business Operations
AssocCIP: 5207
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,095
Lifetime Value Added
N/A
Environmental Control Technologies/Technicians
AssocCIP: 1505
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,148
Lifetime Value Added
N/A
Fine and Studio Arts
AssocCIP: 5007
Median Debt
-
Earnings (4yr)
-
Natl Median: $31,650
Lifetime Value Added
N/A
Fire Protection
AssocCIP: 4302
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,589
Lifetime Value Added
N/A
Health and Medical Administrative Services
AssocCIP: 5107
Median Debt
$14,912
Earnings (4yr)
$49,283
Natl Median: $37,073
Lifetime Value Added
+$37k
Homeland Security, Law Enforcement, Firefighting and Related Protective Services, Other
AssocCIP: 4399
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,255
Lifetime Value Added
N/A
Human Development, Family Studies, and Related Services
AssocCIP: 1907
Median Debt
-
Earnings (2yr)
$19,227
Natl Median: $34,184
Lifetime Value Added
-$262k
Industrial Production Technologies/Technicians
AssocCIP: 1506
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,593
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
$10,062
Earnings (4yr)
$46,662
Natl Median: $44,125
Lifetime Value Added
+$11k
Marketing
AssocCIP: 5214
Median Debt
$12,500
Earnings (4yr)
$55,598
Natl Median: $44,264
Lifetime Value Added
+$98k
Mechatronics, Robotics, and Automation Engineering
AssocCIP: 1442
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,254
Lifetime Value Added
N/A
Precision Metal Working
AssocCIP: 4805
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,451
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$12,689
Earnings (4yr)
$85,989
Natl Median: $80,813
Lifetime Value Added
+$375k
Sports, Kinesiology, and Physical Education/Fitness
AssocCIP: 3105
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,162
Lifetime Value Added
N/A

Bachelor's Degrees

Foods, Nutrition, and Related Services
BachCIP: 1905
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,945
Lifetime Value Added
N/A

Other Programs

Business/Commerce, General
DegCIP: 5201
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,047
Lifetime Value Added
N/A
Clinical/Medical Laboratory Science/Research and Allied Professions
DegCIP: 5110
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,262
Lifetime Value Added
N/A
Criminal Justice and Corrections
DegCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,717
Lifetime Value Added
N/A
Fire Protection
DegCIP: 4302
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,610
Lifetime Value Added
N/A
Health and Medical Administrative Services
DegCIP: 5107
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,452
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
DegCIP: 2401
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,308
Lifetime Value Added
N/A
Marketing
DegCIP: 5214
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,915
Lifetime Value Added
N/A
Precision Metal Working
DegCIP: 4805
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,120
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.