College ROI

Smarter Choices, Brighter Futures
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The College of New Jersey

Ewing, NJ 6,831 Undergrads 86.7% Grad Rate
Share
Total Cost
$37,070
Sticker Price
Avg Net Price
$25,458
After Aid
Median Earnings
$73,323
10yr Post-Entry

Vs. Peer Institutions

Net Price$25,458
Peer Midpoint: $19,729.5
Earnings (10yr)$73,323
Peer Midpoint: $53,747
Graduation Rate86.7%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients20.2%
Enrollment Status
Full-Time97.6%
Economic Outcomes
Earn More than HS86.5%

Admissions Profile

Acceptance
62.1%
SAT Avg
1,247
SAT Reading
25th: 57062575th: 670
SAT Math
25th: 57063575th: 670
ACT Composite
25th: 252975th: 31

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
+$617k
+$221k
+$133k
Median Cost$25k/yr
+$526k
+$129k
+$41k
Full Cost$37k/yr
+$484k
+$88k
-$317

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
30
Median Cost$25k/yr
46
45%
Full Cost$37k/yr
Never
-0%
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 Return94%

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-31%
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
$23,894
Earnings (5yr)
$98,331
Lifetime Value Added
+$239k
Biology, General
BachCIP: 2601
Median Debt
$19,500
Earnings (5yr)
$72,463
Lifetime Value Added
+$46k
Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$21,750
Earnings (5yr)
$98,541
Lifetime Value Added
+$241k
Chemistry
BachCIP: 4005
Median Debt
$25,611
Earnings (2yr)
$38,289
Lifetime Value Added
-$209k
Communication and Media Studies
BachCIP: 0901
Median Debt
$19,500
Earnings (5yr)
$72,091
Lifetime Value Added
+$43k
Computer and Information Sciences, General
BachCIP: 1101
Median Debt
$23,250
Earnings (5yr)
$105,889
Lifetime Value Added
+$296k
Computer Engineering
BachCIP: 1409
Median Debt
$25,725
Earnings (2yr)
$67,660
Lifetime Value Added
+$41k
Criminal Justice and Corrections
BachCIP: 4301
Median Debt
$19,500
Earnings (5yr)
$64,467
Lifetime Value Added
-$15k
Design and Applied Arts
BachCIP: 5004
Median Debt
-
Earnings (5yr)
$66,197
Lifetime Value Added
-$1k
Economics
BachCIP: 4506
Median Debt
$21,250
Earnings (5yr)
$77,796
Lifetime Value Added
+$86k
Electrical, Electronics and Communications Engineering
BachCIP: 1410
Median Debt
-
Earnings (5yr)
$97,224
Lifetime Value Added
+$231k
Engineering Science
BachCIP: 1413
Median Debt
-
Earnings (5yr)
$88,486
Lifetime Value Added
+$166k
English Language and Literature, General
BachCIP: 2301
Median Debt
$23,188
Earnings (5yr)
$56,415
Lifetime Value Added
-$78k
Fine and Studio Arts
BachCIP: 5007
Median Debt
$25,000
Earnings (5yr)
$56,001
Lifetime Value Added
-$82k
History
BachCIP: 5401
Median Debt
$23,250
Earnings (5yr)
$59,014
Lifetime Value Added
-$58k
International Relations and National Security Studies
BachCIP: 4509
Median Debt
$23,250
Earnings (5yr)
$75,393
Lifetime Value Added
+$68k
Mathematics
BachCIP: 2701
Median Debt
$26,000
Earnings (5yr)
$77,172
Lifetime Value Added
+$81k
Mechanical Engineering
BachCIP: 1419
Median Debt
$22,875
Earnings (5yr)
$84,253
Lifetime Value Added
+$134k
Political Science and Government
BachCIP: 4510
Median Debt
$25,500
Earnings (5yr)
$79,476
Lifetime Value Added
+$98k
Psychology, General
BachCIP: 4201
Median Debt
$23,527
Earnings (5yr)
$65,599
Lifetime Value Added
-$6k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$27,000
Earnings (5yr)
$98,401
Lifetime Value Added
+$240k
Sociology
BachCIP: 4511
Median Debt
$24,208
Earnings (5yr)
$67,732
Lifetime Value Added
+$10k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$23,299
Earnings (5yr)
$58,713
Lifetime Value Added
-$60k
Teacher Education and Professional Development, Specific Subject Areas
BachCIP: 1313
Median Debt
$25,000
Earnings (5yr)
$65,228
Lifetime Value Added
-$9k

Master's Degrees

Education, General
MastCIP: 1301
Median Debt
-
Earnings (2yr)
$55,693
Lifetime Value Added
+$38k
Educational Administration and Supervision
MastCIP: 1304
Median Debt
$20,586
Earnings (5yr)
$73,847
Lifetime Value Added
+$168k
Special Education and Teaching
MastCIP: 1310
Median Debt
$20,500
Earnings (5yr)
$66,222
Lifetime Value Added
+$102k
Student Counseling and Personnel Services
MastCIP: 1311
Median Debt
$41,000
Earnings (5yr)
$60,724
Lifetime Value Added
+$53k
Teacher Education and Professional Development, Specific Levels and Methods
MastCIP: 1312
Median Debt
$26,126
Earnings (5yr)
$57,155
Lifetime Value Added
+$20k
Teaching English or French as a Second or Foreign Language
MastCIP: 1314
Median Debt
-
Earnings (5yr)
$67,887
Lifetime Value Added
+$116k

Graduate Certificates

Bilingual, Multilingual, and Multicultural Education
Gr-CertCIP: 1302
Median Debt
-
Earnings (5yr)
$86,522
Lifetime Value Added
+$370k

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.