College ROI

Smarter Choices, Brighter Futures
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The New School

New York, NY 6,819 Undergrads 70.5% Grad Rate
Share
Total Cost
$82,757
Sticker Price
Avg Net Price
$55,359
After Aid
Median Earnings
$52,901
10yr Post-Entry

Vs. Peer Institutions

Net Price$55,359
Peer Midpoint: $19,729.5
Earnings (10yr)$52,901
Peer Midpoint: $53,747
Graduation Rate70.5%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients15.8%
Enrollment Status
Full-Time94.1%
Economic Outcomes
Earn More than HS59.4%

Admissions Profile

Acceptance
62.5%
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
+$461k
+$64k
-$24k
Median Cost$55k/yr
+$261k
-$135k
-$223k
Full Cost$83k/yr
+$163k
-$234k
-$322k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$55k/yr
Never
-112%
Full Cost$83k/yr
Never
-108%
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 Return-108%

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-94%
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

Associate's Degrees

Design and Applied Arts
AssocCIP: 5004
Median Debt
$14,750
Earnings (5yr)
$56,224
Lifetime Value Added
-$4k
Specialized Sales, Merchandising and Marketing Operations
AssocCIP: 5219
Median Debt
-
Earnings (5yr)
$64,652
Lifetime Value Added
+$74k

Bachelor's Degrees

Architecture and Related Services, Other
BachCIP: 0499
Median Debt
-
Earnings (2yr)
$42,682
Lifetime Value Added
-$277k
Arts, Entertainment,and Media Management
BachCIP: 5010
Median Debt
$24,500
Earnings (5yr)
$78,350
Lifetime Value Added
-$18k
Communication and Media Studies
BachCIP: 0901
Median Debt
$19,500
Earnings (5yr)
$54,079
Lifetime Value Added
-$205k
Design and Applied Arts
BachCIP: 5004
Median Debt
$25,000
Earnings (5yr)
$59,797
Lifetime Value Added
-$159k
Drama/Theatre Arts and Stagecraft
BachCIP: 5005
Median Debt
$23,000
Earnings (5yr)
$24,596
Lifetime Value Added
-$454k
Film/Video and Photographic Arts
BachCIP: 5006
Median Debt
$25,000
Earnings (5yr)
$53,471
Lifetime Value Added
-$210k
Fine and Studio Arts
BachCIP: 5007
Median Debt
$25,000
Earnings (2yr)
$21,508
Lifetime Value Added
-$469k
International/Global Studies
BachCIP: 3020
Median Debt
$19,500
Earnings (5yr)
$45,612
Lifetime Value Added
-$275k
Liberal Arts and Sciences, General Studies and Humanities
BachCIP: 2401
Median Debt
$24,343
Earnings (5yr)
$41,609
Lifetime Value Added
-$308k
Literature
BachCIP: 2314
Median Debt
$22,497
Earnings (2yr)
$21,703
Lifetime Value Added
-$467k
Music
BachCIP: 5009
Median Debt
$23,000
Earnings (5yr)
$23,875
Lifetime Value Added
-$460k
Psychology, General
BachCIP: 4201
Median Debt
$26,000
Earnings (2yr)
$25,194
Lifetime Value Added
-$435k
Radio, Television, and Digital Communication
BachCIP: 0907
Median Debt
$21,875
Earnings (2yr)
$35,060
Lifetime Value Added
-$345k

Master's Degrees

Architecture
MastCIP: 0402
Median Debt
-
Earnings (5yr)
$88,984
Lifetime Value Added
+$243k
Arts, Entertainment,and Media Management
MastCIP: 5010
Median Debt
-
Earnings (5yr)
$96,194
Lifetime Value Added
+$305k
Business Administration, Management and Operations
MastCIP: 5202
Median Debt
$56,349
Earnings (5yr)
$77,637
Lifetime Value Added
+$146k
City/Urban, Community and Regional Planning
MastCIP: 0403
Median Debt
-
Earnings (2yr)
$47,260
Lifetime Value Added
-$100k
Communication and Media Studies
MastCIP: 0901
Median Debt
$53,304
Earnings (5yr)
$61,791
Lifetime Value Added
+$7k
Design and Applied Arts
MastCIP: 5004
Median Debt
$42,587
Earnings (5yr)
$89,284
Lifetime Value Added
+$246k
Drama/Theatre Arts and Stagecraft
MastCIP: 5005
Median Debt
$103,045
Earnings (5yr)
$18,882
Lifetime Value Added
-$407k
Fine and Studio Arts
MastCIP: 5007
Median Debt
$50,192
Earnings (5yr)
$69,584
Lifetime Value Added
+$76k
Human Resources Management and Services
MastCIP: 5210
Median Debt
-
Earnings (2yr)
$76,460
Lifetime Value Added
+$176k
International Relations and National Security Studies
MastCIP: 4509
Median Debt
$48,671
Earnings (5yr)
$72,561
Lifetime Value Added
+$102k
Music
MastCIP: 5009
Median Debt
$41,000
Earnings (5yr)
$35,564
Lifetime Value Added
-$241k
Psychology, General
MastCIP: 4201
Median Debt
$41,000
Earnings (2yr)
$40,281
Lifetime Value Added
-$171k
Public Policy Analysis
MastCIP: 4405
Median Debt
$61,796
Earnings (5yr)
$93,060
Lifetime Value Added
+$278k
Rhetoric and Composition/Writing Studies
MastCIP: 2313
Median Debt
$41,000
Earnings (5yr)
$54,503
Lifetime Value Added
-$59k
Sustainability Studies
MastCIP: 3033
Median Debt
-
Earnings (5yr)
$78,614
Lifetime Value Added
+$154k
Teaching English or French as a Second or Foreign Language
MastCIP: 1314
Median Debt
-
Earnings (5yr)
$55,190
Lifetime Value Added
-$53k
Visual and Performing Arts, General
MastCIP: 5001
Median Debt
-
Earnings (5yr)
$113,603
Lifetime Value Added
+$454k

Doctoral Degrees

Clinical, Counseling and Applied Psychology
DocCIP: 4228
Median Debt
-
Earnings (5yr)
$122,471
Lifetime Value Added
+$260k
Philosophy
DocCIP: 3801
Median Debt
-
Earnings (2yr)
$46,087
Lifetime Value Added
-$285k

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.