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Spalding University
Louisville, KY 583 Undergrads 53.6% Grad Rate
Total Cost
$45,530
Sticker Price
Avg Net Price
$25,491
After Aid
Median Earnings
$64,136
4yr Post-Grad
Vs. Peer Institutions
Net Price$25,491
Peer Midpoint: $20,080.5
Earnings (4yr Post-Grad)$64,136
Peer Midpoint: $60,428
Graduation Rate53.6%
Peer Midpoint: 58.9%
Socio-Economic Diversity
Pell Grant Recipients43.5%
Enrollment Status
Full-Time88.8%
Economic Outcomes
Earn More than HS71.5%
Admissions Profile
Acceptance
99.5%
SAT Avg
977
SAT Reading
25th: 44051575th: 513
SAT Math
25th: 43550075th: 525
ACT Composite
25th: 152075th: 22
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
+$569k
+$102k
+$84k
Median Cost$25k/yr
+$477k
+$10k
-$8k
Full Cost$46k/yr
+$405k
-$62k
-$80k
ROI Efficiency Metrics
Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
33
∞
Median Cost$25k/yr
Never
-8%
Full Cost$46k/yr
Never
-49%
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 Return2%
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-60%
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
Accounting and Related Services
BachCIP: 5203
Median Debt
$25,000
Earnings (4yr)
$65,288
Natl Median: $76,194
Lifetime Value Added
+$1k
Biological and Physical Sciences
BachCIP: 3001
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,891
Lifetime Value Added
N/A
Business/Commerce, General
BachCIP: 5201
Median Debt
$29,208
Earnings (4yr)
$63,325
Natl Median: $68,407
Lifetime Value Added
-$14k
Communication and Media Studies
BachCIP: 0901
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,359
Lifetime Value Added
N/A
Education, General
BachCIP: 1301
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,808
Lifetime Value Added
N/A
Fine and Studio Arts
BachCIP: 5007
Median Debt
$27,000
Earnings (4yr)
$36,416
Natl Median: $41,367
Lifetime Value Added
-$238k
Health Services/Allied Health/Health Sciences, General
BachCIP: 5100
Median Debt
$25,000
Earnings (4yr)
$59,761
Natl Median: $61,296
Lifetime Value Added
-$42k
Liberal Arts and Sciences, General Studies and Humanities
BachCIP: 2401
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,072
Lifetime Value Added
N/A
Psychology, General
BachCIP: 4201
Median Debt
$28,250
Earnings (4yr)
$41,460
Natl Median: $50,706
Lifetime Value Added
-$195k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$20,667
Earnings (4yr)
$77,983
Natl Median: $88,910
Lifetime Value Added
+$99k
Rhetoric and Composition/Writing Studies
BachCIP: 2313
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,471
Lifetime Value Added
N/A
Social Sciences, General
BachCIP: 4501
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,366
Lifetime Value Added
N/A
Social Work
BachCIP: 4407
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,790
Lifetime Value Added
N/A
Special Education and Teaching
BachCIP: 1310
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,499
Lifetime Value Added
N/A
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
-
Earnings (4yr)
-
Natl Median: $47,382
Lifetime Value Added
N/A
Master's Degrees
Allied Health Diagnostic, Intervention, and Treatment Professions
MastCIP: 5109
Median Debt
-
Earnings (4yr)
-
Natl Median: $127,347
Lifetime Value Added
N/A
Business/Commerce, General
MastCIP: 5201
Median Debt
$28,160
Earnings (4yr)
$61,096
Natl Median: $125,988
Lifetime Value Added
-$149k
Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
-
Earnings (5yr)
$75,712
Natl Median: $63,761
Lifetime Value Added
-$32k
Curriculum and Instruction
MastCIP: 1303
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,399
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
MastCIP: 5138
Median Debt
$41,000
Earnings (4yr)
$117,551
Natl Median: $120,193
Lifetime Value Added
+$347k
Rehabilitation and Therapeutic Professions
MastCIP: 5123
Median Debt
$68,393
Earnings (4yr)
$66,668
Natl Median: $71,416
Lifetime Value Added
-$99k
Rhetoric and Composition/Writing Studies
MastCIP: 2313
Median Debt
$51,250
Earnings (4yr)
$50,326
Natl Median: $55,035
Lifetime Value Added
-$251k
Social Work
MastCIP: 4407
Median Debt
$31,688
Earnings (4yr)
$59,014
Natl Median: $65,123
Lifetime Value Added
-$168k
Special Education and Teaching
MastCIP: 1310
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,397
Lifetime Value Added
N/A
Student Counseling and Personnel Services
MastCIP: 1311
Median Debt
$30,366
Earnings (4yr)
$61,178
Natl Median: $60,111
Lifetime Value Added
-$148k
Teacher Education and Professional Development, Specific Levels and Methods
MastCIP: 1312
Median Debt
-
Earnings (2yr)
$42,044
Natl Median: $59,916
Lifetime Value Added
-$315k
Teacher Education and Professional Development, Specific Subject Areas
MastCIP: 1313
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,707
Lifetime Value Added
N/A
Graduate Certificates
Education, Other
Gr-CertCIP: 1399
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,921
Lifetime Value Added
N/A
Doctoral Degrees
Clinical, Counseling and Applied Psychology
DocCIP: 4228
Median Debt
$113,200
Earnings (4yr)
$101,833
Natl Median: $99,878
Lifetime Value Added
+$16k
Educational Administration and Supervision
DocCIP: 1304
Median Debt
-
Earnings (4yr)
$85,744
Natl Median: $100,573
Lifetime Value Added
-$103k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
DocCIP: 5138
Median Debt
-
Earnings (4yr)
-
Natl Median: $138,131
Lifetime Value Added
N/A
Other Programs
Education, Other
DegCIP: 1399
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,262
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.