College ROI

Smarter Choices, Brighter Futures
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Springfield Technical Community College

Springfield, MA 4,759 Undergrads 36.9% Grad Rate
Share
Total Cost
$14,971
Sticker Price
Avg Net Price
$5,662
After Aid
Median Earnings
$51,917
4yr Post-Grad

Vs. Peer Institutions

Net Price$5,662
Peer Midpoint: $9,847
Earnings (4yr Post-Grad)$51,917
Peer Midpoint: $50,127.5
Graduation Rate36.9%
Peer Midpoint: 34.6%
Socio-Economic Diversity
Pell Grant Recipients55.0%
Enrollment Status
Full-Time33.9%
Economic Outcomes
Earn More than HS60.7%

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
+$551k
+$36k
+$67k
Median Cost$6k/yr
+$541k
+$25k
+$56k
Full Cost$15k/yr
+$524k
+$8k
+$39k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
29
Median Cost$6k/yr
31
542%
Full Cost$15k/yr
36
143%
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 Return380%

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 Return50%
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

Allied Health and Medical Assisting Services
CertCIP: 5108
Median Debt
-
Earnings (4yr)
$40,402
Natl Median: $34,272
Lifetime Value Added
-$17k
Applied Horticulture and Horticultural Business Services
CertCIP: 0106
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,705
Lifetime Value Added
N/A
Architectural Sciences and Technology
CertCIP: 0409
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,637
Lifetime Value Added
N/A
Biotechnology
CertCIP: 2612
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,955
Lifetime Value Added
N/A
Building/Construction Finishing, Management, and Inspection
CertCIP: 4604
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,012
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
Communications Technologies/Technicians and Support Services, Other
CertCIP: 1099
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,610
Lifetime Value Added
N/A
Computer Engineering Technologies/Technicians
CertCIP: 1512
Median Debt
-
Earnings (4yr)
-
Natl Median: $38,000
Lifetime Value Added
N/A
Computer Programming
CertCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,556
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
Cosmetology and Related Personal Grooming Services
CertCIP: 1204
Median Debt
-
Earnings (4yr)
$29,980
Natl Median: $26,307
Lifetime Value Added
-$132k
Criminal Justice and Corrections
CertCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,702
Lifetime Value Added
N/A
Dental Support Services and Allied Professions
CertCIP: 5106
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,673
Lifetime Value Added
N/A
Design and Applied Arts
CertCIP: 5004
Median Debt
-
Earnings (4yr)
-
Natl Median: $36,116
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
Electrical/Electronic Engineering Technologies/Technicians
CertCIP: 1503
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,492
Lifetime Value Added
N/A
Electromechanical Technologies/Technicians
CertCIP: 1504
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,202
Lifetime Value Added
N/A
Fire Protection
CertCIP: 4302
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,436
Lifetime Value Added
N/A
Graphic Communications
CertCIP: 1003
Median Debt
-
Earnings (4yr)
-
Natl Median: $32,130
Lifetime Value Added
N/A
Health and Medical Administrative Services
CertCIP: 5107
Median Debt
-
Earnings (5yr)
$26,885
Natl Median: $35,447
Lifetime Value Added
-$172k
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR)
CertCIP: 4702
Median Debt
-
Earnings (4yr)
$53,391
Natl Median: $48,148
Lifetime Value Added
+$123k
Mechanical Engineering Related Technologies/Technicians
CertCIP: 1508
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,024
Lifetime Value Added
N/A
Precision Metal Working
CertCIP: 4805
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,702
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
CertCIP: 4706
Median Debt
-
Earnings (4yr)
$54,205
Natl Median: $51,586
Lifetime Value Added
+$131k

Associate's Degrees

Accounting and Related Services
AssocCIP: 5203
Median Debt
-
Earnings (4yr)
$58,081
Natl Median: $47,660
Lifetime Value Added
+$116k
Allied Health and Medical Assisting Services
AssocCIP: 5108
Median Debt
$9,914
Earnings (4yr)
$50,679
Natl Median: $42,269
Lifetime Value Added
+$44k
Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
$10,002
Earnings (4yr)
$67,395
Natl Median: $65,389
Lifetime Value Added
+$202k
Applied Horticulture and Horticultural Business Services
AssocCIP: 0106
Median Debt
-
Earnings (4yr)
-
Natl Median: $45,283
Lifetime Value Added
N/A
Architectural Sciences and Technology
AssocCIP: 0409
Median Debt
-
Earnings (4yr)
$46,326
Natl Median: $55,403
Lifetime Value Added
+$1k
Audiovisual Communications Technologies/Technicians
AssocCIP: 1002
Median Debt
-
Earnings (4yr)
$31,908
Natl Median: $35,660
Lifetime Value Added
-$144k
Biology, General
AssocCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,758
Lifetime Value Added
N/A
Biotechnology
AssocCIP: 2612
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,595
Lifetime Value Added
N/A
Building/Construction Finishing, Management, and Inspection
AssocCIP: 4604
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,378
Lifetime Value Added
N/A
Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,733
Lifetime Value Added
N/A
Business Operations Support and Assistant Services
AssocCIP: 5204
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,587
Lifetime Value Added
N/A
Business/Commerce, General
AssocCIP: 5201
Median Debt
$6,283
Earnings (4yr)
$47,768
Natl Median: $49,927
Lifetime Value Added
+$16k
Civil Engineering Technologies/Technicians
AssocCIP: 1502
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,519
Lifetime Value Added
N/A
Clinical/Medical Laboratory Science/Research and Allied Professions
AssocCIP: 5110
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,472
Lifetime Value Added
N/A
Computer Engineering Technologies/Technicians
AssocCIP: 1512
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,195
Lifetime Value Added
N/A
Computer Programming
AssocCIP: 1102
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,070
Lifetime Value Added
N/A
Computer Science
AssocCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,283
Lifetime Value Added
N/A
Computer/Information Technology Administration and Management
AssocCIP: 1110
Median Debt
-
Earnings (4yr)
$57,120
Natl Median: $54,726
Lifetime Value Added
+$107k
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
$5,038
Earnings (4yr)
$44,629
Natl Median: $46,706
Lifetime Value Added
-$16k
Dental Support Services and Allied Professions
AssocCIP: 5106
Median Debt
$10,884
Earnings (4yr)
$64,564
Natl Median: $61,982
Lifetime Value Added
+$176k
Design and Applied Arts
AssocCIP: 5004
Median Debt
-
Earnings (4yr)
$34,598
Natl Median: $38,127
Lifetime Value Added
-$117k
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 (2yr)
$48,849
Natl Median: $73,046
Lifetime Value Added
+$46k
Engineering, General
AssocCIP: 1401
Median Debt
-
Earnings (4yr)
$79,421
Natl Median: $72,916
Lifetime Value Added
+$310k
Entrepreneurial and Small Business Operations
AssocCIP: 5207
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,095
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)
$67,156
Natl Median: $73,589
Lifetime Value Added
+$200k
Graphic Communications
AssocCIP: 1003
Median Debt
-
Earnings (4yr)
-
Natl Median: $36,221
Lifetime Value Added
N/A
Health and Medical Administrative Services
AssocCIP: 5107
Median Debt
-
Earnings (4yr)
$45,519
Natl Median: $37,073
Lifetime Value Added
-$7k
Health Services/Allied Health/Health Sciences, General
AssocCIP: 5100
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,180
Lifetime Value Added
N/A
Health/Medical Preparatory Programs
AssocCIP: 5111
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,711
Lifetime Value Added
N/A
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR)
AssocCIP: 4702
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,236
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
$6,734
Earnings (4yr)
$42,074
Natl Median: $44,125
Lifetime Value Added
-$41k
Marketing
AssocCIP: 5214
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,264
Lifetime Value Added
N/A
Mechanical Engineering Related Technologies/Technicians
AssocCIP: 1508
Median Debt
$5,445
Earnings (4yr)
$71,319
Natl Median: $64,773
Lifetime Value Added
+$238k
Physics
AssocCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,321
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$8,107
Earnings (4yr)
$86,833
Natl Median: $80,813
Lifetime Value Added
+$377k
Teacher Education and Professional Development, Specific Levels and Methods
AssocCIP: 1312
Median Debt
-
Earnings (4yr)
$35,720
Natl Median: $37,656
Lifetime Value Added
-$106k
Vehicle Maintenance and Repair Technologies/Technicians
AssocCIP: 4706
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,424
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.