College ROI

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Spartan College of Aeronautics and Technology

Tulsa, OK 840 Undergrads 66.8% Grad Rate
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Total Cost
$36,245
Sticker Price
Avg Net Price
$31,585
After Aid
Median Earnings
$58,092
5yr Post-Grad

Vs. Peer Institutions

Net Price$31,585
Peer Midpoint: $9,956
Earnings (5yr Post-Grad)Completers only after graduation
$58,092
Peer Midpoint: $51,775
Earnings (10yr Post-Enroll)All enrolled after enrollment
$55,587
Peer Midpoint: $45,130
Graduation Rate66.8%
Peer Midpoint: 35.7%
Average Starting Age24.4
Socio-Economic Diversity
Pell Grant Recipients28.5%
Enrollment Status
Full-Time100.0%
Economic Outcomes
Earn More than HS70.7%

Admissions Profile

Acceptance
100.0%
SAT Avg
-
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: --75th: -

ROI Sensitivity Analysis
Assuming 2 Years to Graduation

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
+$603k
+$79k
+$116k
Median Cost$32k/yr
+$545k
+$21k
+$58k
Full Cost$36k/yr
+$536k
+$12k
+$50k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
26
∞
Median Cost$32k/yr
35
101%
Full Cost$36k/yr
38
75%
Analysis Assumptions:
  • Starting Salary: Estimated from the median earnings five years after graduating, with four years of 2% raises taken out.
  • 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 Return236%

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-7%

Program ROI Analysis

These figures are medians for past graduates who received federal aid. Your cost and pay will differ. Run your own numbers in the Guided ROI Interview →

Certificates

Median Debt
-
Earnings (4yr)
$54,749
Natl Median: $62,511
Lifetime Value Added
+$114k
Vehicle Maintenance and Repair Technologies/Technicians
CertCIP: 4706
Median Debt
$25,030
Earnings (4yr)
-
Natl Median: $51,586
Lifetime Value Added
N/A

Associate's Degrees

Air Transportation
AssocCIP: 4901
Median Debt
$19,500
Earnings (5yr)
$108,656
Natl Median: $75,495
Lifetime Value Added
+$508k
Median Debt
-
Earnings (4yr)
$48,533
Natl Median: $77,094
Lifetime Value Added
-$24k
Vehicle Maintenance and Repair Technologies/Technicians
AssocCIP: 4706
Median Debt
$22,232
Earnings (4yr)
-
Natl Median: $58,424
Lifetime Value Added
N/A

Bachelor's Degrees

Median Debt
$31,090
Earnings (4yr)
$87,302
Natl Median: $68,257
Lifetime Value Added
+$150k

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 decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.