College ROI

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The Juilliard School

New York, NY 468 Undergrads 87.8% Grad Rate
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Total Cost
$86,582
Sticker Price
Avg Net Price
$41,799
After Aid
Median Earnings
$35,244
5yr Post-Grad

Vs. Peer Institutions

Net Price$41,799
Peer Midpoint: $19,969
Earnings (5yr Post-Grad)Completers only after graduation
$35,244
Peer Midpoint: $61,632
Earnings (10yr Post-Enroll)All enrolled after enrollment
$43,638
Peer Midpoint: $58,891
Graduation Rate87.8%
Peer Midpoint: 58.9%
Average starting age (2015-17)19.6
Socio-Economic Diversity
Pell Grant Recipients19.1%
Enrollment Status
Full-Time99.8%
Economic Outcomes
Earn More than HS51.6%

Admissions Profile

Acceptance
9.2%
SAT Avg
-
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: --75th: -

ROI Sensitivity Analysis
Assuming 4 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
+$323k
-$147k
-$164k
Median Cost$42k/yr
+$172k
-$298k
-$314k
Full Cost$87k/yr
+$11k
-$459k
-$475k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$42k/yr
Never
-209%
Full Cost$87k/yr
Never
-153%
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 Return-182%

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-111%

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 (2yr)
$25,194
Natl Median: $30,757
Lifetime Value Added
-$208k
Music
CertCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $33,318
Lifetime Value Added
N/A

Bachelor's Degrees

Dance
BachCIP: 5003
Median Debt
$22,498
Earnings (4yr)
$50,287
Natl Median: $39,980
Lifetime Value Added
-$179k
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Music
BachCIP: 5009
Median Debt
$19,500
Earnings (4yr)
$32,842
Natl Median: $42,892
Lifetime Value Added
-$329k

Master's Degrees

Median Debt
-
Earnings (5yr)
$54,286
Natl Median: $49,978
Lifetime Value Added
-$254k
Music
MastCIP: 5009
Median Debt
$41,000
Earnings (4yr)
$46,372
Natl Median: $48,285
Lifetime Value Added
-$321k

Graduate Certificates

Median Debt
-
Earnings (4yr)
-
Natl Median: $62,409
Lifetime Value Added
N/A
Music
Gr-CertCIP: 5009
Median Debt
-
Earnings (5yr)
$21,311
Natl Median: $40,504
Lifetime Value Added
-$519k

Doctoral Degrees

Music
DocCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,592
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 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.