College ROI

Smarter Choices, Brighter Futures
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Smith College

Northampton, MA 2,501 Undergrads 89.5% Grad Rate
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Total Cost
$82,134
Sticker Price
Avg Net Price
$26,181
After Aid
Median Earnings
$64,027
10yr Post-Entry

Vs. Peer Institutions

Net Price$26,181
Peer Midpoint: $19,729.5
Earnings (10yr)$64,027
Peer Midpoint: $53,747
Graduation Rate89.5%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients18.3%
Enrollment Status
Full-Time99.6%
Economic Outcomes
Earn More than HS73.9%

Admissions Profile

Acceptance
19.7%
SAT Avg
1,480
SAT Reading
25th: 71872575th: 770
SAT Math
25th: 69072575th: 770
ACT Composite
25th: 323375th: 34

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
+$548k
+$152k
+$64k
Median Cost$26k/yr
+$454k
+$57k
-$31k
Full Cost$82k/yr
+$252k
-$144k
-$232k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
36
Median Cost$26k/yr
Never
-32%
Full Cost$82k/yr
Never
-78%
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-56%

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

Anthropology
BachCIP: 4502
Median Debt
-
Earnings (5yr)
$49,805
Lifetime Value Added
-$135k
Area Studies
BachCIP: 0501
Median Debt
$19,000
Earnings (5yr)
$51,070
Lifetime Value Added
-$124k
Biology, General
BachCIP: 2601
Median Debt
$19,000
Earnings (5yr)
$48,329
Lifetime Value Added
-$147k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (2yr)
$42,682
Lifetime Value Added
-$172k
Computer Science
BachCIP: 1107
Median Debt
$19,000
Earnings (2yr)
$71,957
Lifetime Value Added
+$72k
Economics
BachCIP: 4506
Median Debt
$19,000
Earnings (5yr)
$74,557
Lifetime Value Added
+$59k
Education, General
BachCIP: 1301
Median Debt
$19,000
Earnings (5yr)
$53,517
Lifetime Value Added
-$104k
Engineering, General
BachCIP: 1401
Median Debt
$19,000
Earnings (5yr)
$90,266
Lifetime Value Added
+$177k
English Language and Literature, General
BachCIP: 2301
Median Debt
$19,000
Earnings (5yr)
$53,422
Lifetime Value Added
-$105k
Ethnic, Cultural Minority, Gender, and Group Studies
BachCIP: 0502
Median Debt
$18,259
Earnings (5yr)
$49,924
Lifetime Value Added
-$134k
Fine and Studio Arts
BachCIP: 5007
Median Debt
$19,000
Earnings (5yr)
$38,376
Lifetime Value Added
-$230k
Geological and Earth Sciences/Geosciences
BachCIP: 4006
Median Debt
-
Earnings (2yr)
$11,851
Lifetime Value Added
-$455k
History
BachCIP: 5401
Median Debt
$19,000
Earnings (5yr)
$58,527
Lifetime Value Added
-$64k
Mathematics
BachCIP: 2701
Median Debt
$16,994
Earnings (5yr)
$56,480
Lifetime Value Added
-$80k
Natural Resources Conservation and Research
BachCIP: 0301
Median Debt
$17,495
Earnings (5yr)
$42,367
Lifetime Value Added
-$197k
Neurobiology and Neurosciences
BachCIP: 2615
Median Debt
$18,558
Earnings (2yr)
$34,603
Lifetime Value Added
-$245k
Political Science and Government
BachCIP: 4510
Median Debt
$19,000
Earnings (5yr)
$63,650
Lifetime Value Added
-$24k
Psychology, General
BachCIP: 4201
Median Debt
-
Earnings (5yr)
$54,291
Lifetime Value Added
-$98k
Research and Experimental Psychology
BachCIP: 4227
Median Debt
$18,114
Earnings (5yr)
$62,558
Lifetime Value Added
-$32k
Romance Languages, Literatures, and Linguistics
BachCIP: 1609
Median Debt
$19,000
Earnings (5yr)
$52,652
Lifetime Value Added
-$111k
Sociology
BachCIP: 4511
Median Debt
$19,000
Earnings (5yr)
$48,634
Lifetime Value Added
-$144k

Master's Degrees

Education, General
MastCIP: 1301
Median Debt
-
Earnings (5yr)
$58,982
Lifetime Value Added
+$36k
Liberal Arts and Sciences, General Studies and Humanities
MastCIP: 2401
Median Debt
-
Earnings (5yr)
$70,680
Lifetime Value Added
+$139k
Social Work
MastCIP: 4407
Median Debt
$60,256
Earnings (5yr)
$69,652
Lifetime Value Added
+$130k

Doctoral Degrees

Social Work
DocCIP: 4407
Median Debt
-
Earnings (2yr)
$83,177
Lifetime Value Added
+$116k

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.