College ROI

Smarter Choices, Brighter Futures
Back to Colleges

The New School

New York, NY 6,563 Undergrads 70.5% Grad Rate
School Website|Financial Calculator
Share
Total Cost
$84,878
Sticker Price
Avg Net Price
$48,163
After Aid
Median Earnings
$60,838
5yr Post-Grad

Vs. Peer Institutions

Net Price$48,163
Peer Midpoint: $19,969
Earnings (5yr Post-Grad)Completers only after graduation
$60,838
Peer Midpoint: $61,632
Earnings (10yr Post-Enroll)All enrolled after enrollment
$64,471
Peer Midpoint: $58,891
Graduation Rate70.5%
Peer Midpoint: 58.9%
Average starting age (2015-17)21.7
Socio-Economic Diversity
Pell Grant Recipients16.6%
Enrollment Status
Full-Time93.5%
Economic Outcomes
Earn More than HS61.6%

Admissions Profile

Acceptance
63.5%
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
+$536k
+$66k
+$49k
Median Cost$48k/yr
+$362k
-$108k
-$124k
Full Cost$85k/yr
+$230k
-$240k
-$256k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
38
∞
Median Cost$48k/yr
Never
-72%
Full Cost$85k/yr
Never
-84%
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-66%

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-85%

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 →

Associate's Degrees

Median Debt
$14,750
Earnings (4yr)
$66,896
Natl Median: $38,127
Lifetime Value Added
Not scored

Not scored. Graduates of this program earn more than graduates of the school's bachelor's degree in the same field, and about 1.8× the national median for this credential. That usually means students arrived already holding a degree or years of work experience. Our model assumes a student starting right after high school, so it can't measure what this program added. Earnings are as reported by the College Scorecard. Run it with your own cost and expected pay →

Median Debt
-
Earnings (4yr)
-
Natl Median: $39,400
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$72,595
Natl Median: $53,002
Lifetime Value Added
+$174k
Try this program with your own numbers →

Bachelor's Degrees

Anthropology
BachCIP: 4502
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,676
Lifetime Value Added
N/A
Arts, Entertainment, and Media Management
BachCIP: 5010
Median Debt
$19,500
Earnings (4yr)
$74,936
Natl Median: $48,240
Lifetime Value Added
-$4k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,891
Lifetime Value Added
N/A
Median Debt
$22,968
Earnings (4yr)
$49,489
Natl Median: $56,359
Lifetime Value Added
-$208k
Try this program with your own numbers →
Median Debt
$20,625
Earnings (4yr)
$75,792
Natl Median: $58,894
Lifetime Value Added
+$3k
Try this program with your own numbers →
Dance
BachCIP: 5003
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,980
Lifetime Value Added
N/A
Median Debt
$25,000
Earnings (4yr)
$56,838
Natl Median: $51,490
Lifetime Value Added
-$147k
Try this program with your own numbers →
Median Debt
$16,750
Earnings (4yr)
$39,248
Natl Median: $39,775
Lifetime Value Added
-$296k
Try this program with your own numbers →
Economics
BachCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,686
Lifetime Value Added
N/A
Median Debt
$21,477
Earnings (4yr)
$48,557
Natl Median: $43,765
Lifetime Value Added
-$216k
Try this program with your own numbers →
Median Debt
$19,500
Earnings (4yr)
$42,798
Natl Median: $41,367
Lifetime Value Added
-$265k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,945
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,680
Lifetime Value Added
N/A
International/Globalization Studies
BachCIP: 3020
Median Debt
$15,250
Earnings (4yr)
$53,917
Natl Median: $59,972
Lifetime Value Added
-$171k
Try this program with your own numbers →
Median Debt
$18,750
Earnings (4yr)
$62,976
Natl Median: $53,072
Lifetime Value Added
-$97k
Try this program with your own numbers →
Literature
BachCIP: 2314
Median Debt
$19,356
Earnings (4yr)
$42,674
Natl Median: $46,173
Lifetime Value Added
-$267k
Try this program with your own numbers →
Music
BachCIP: 5009
Median Debt
$21,500
Earnings (4yr)
$32,930
Natl Median: $42,892
Lifetime Value Added
-$351k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,012
Lifetime Value Added
N/A
Philosophy
BachCIP: 3801
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,455
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,293
Lifetime Value Added
N/A
Psychology, General
BachCIP: 4201
Median Debt
$20,000
Earnings (4yr)
$38,181
Natl Median: $50,706
Lifetime Value Added
-$305k
Try this program with your own numbers →
Median Debt
$19,793
Earnings (4yr)
$64,018
Natl Median: $50,497
Lifetime Value Added
-$89k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,471
Lifetime Value Added
N/A
Sociology
BachCIP: 4511
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,657
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,532
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,688
Lifetime Value Added
N/A

Master's Degrees

Anthropology
MastCIP: 4502
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,276
Lifetime Value Added
N/A
Median Debt
$80,396
Earnings (4yr)
-
Natl Median: $77,466
Lifetime Value Added
N/A
Arts, Entertainment, and Media Management
MastCIP: 5010
Median Debt
-
Earnings (4yr)
$120,471
Natl Median: $59,685
Lifetime Value Added
+$331k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
$90,410
Natl Median: $103,485
Lifetime Value Added
+$69k
Try this program with your own numbers →
Median Debt
-
Earnings (2yr)
$47,260
Natl Median: $79,665
Lifetime Value Added
-$305k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
$73,507
Natl Median: $71,953
Lifetime Value Added
-$79k
Try this program with your own numbers →
Median Debt
$41,000
Earnings (4yr)
$113,315
Natl Median: $120,083
Lifetime Value Added
+$269k
Try this program with your own numbers →
Median Debt
$55,406
Earnings (4yr)
$86,473
Natl Median: $70,073
Lifetime Value Added
+$34k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
$51,836
Natl Median: $49,978
Lifetime Value Added
-$279k
Try this program with your own numbers →
Economics
MastCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $100,743
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,486
Lifetime Value Added
N/A
Median Debt
$41,000
Earnings (4yr)
$51,394
Natl Median: $49,079
Lifetime Value Added
-$283k
Try this program with your own numbers →
History
MastCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,360
Lifetime Value Added
N/A
Median Debt
-
Earnings (2yr)
$76,460
Natl Median: $80,692
Lifetime Value Added
-$26k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
$70,655
Natl Median: $95,627
Lifetime Value Added
-$105k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,716
Lifetime Value Added
N/A
Music
MastCIP: 5009
Median Debt
$41,000
Earnings (4yr)
$26,925
Natl Median: $48,285
Lifetime Value Added
-$526k
Try this program with your own numbers →
Philosophy
MastCIP: 3801
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,272
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $78,850
Lifetime Value Added
N/A
Psychology, General
MastCIP: 4201
Median Debt
$48,322
Earnings (4yr)
$68,160
Natl Median: $64,711
Lifetime Value Added
-$127k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
$89,713
Natl Median: $93,020
Lifetime Value Added
+$63k
Try this program with your own numbers →
Median Debt
$44,714
Earnings (4yr)
$81,832
Natl Median: $75,972
Lifetime Value Added
-$6k
Try this program with your own numbers →
Median Debt
$41,000
Earnings (4yr)
$67,958
Natl Median: $55,035
Lifetime Value Added
-$129k
Try this program with your own numbers →
Sociology
MastCIP: 4511
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,330
Lifetime Value Added
N/A
Median Debt
$40,183
Earnings (4yr)
$81,540
Natl Median: $76,897
Lifetime Value Added
-$9k
Try this program with your own numbers →
Median Debt
$41,000
Earnings (4yr)
-
Natl Median: $111,527
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$59,731
Natl Median: $65,767
Lifetime Value Added
-$215k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,634
Lifetime Value Added
N/A

Graduate Certificates

Music
Gr-CertCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $40,504
Lifetime Value Added
N/A

Doctoral Degrees

Anthropology
DocCIP: 4502
Median Debt
-
Earnings (4yr)
-
Natl Median: $77,473
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$128,575
Natl Median: $99,878
Lifetime Value Added
+$132k
Try this program with your own numbers →
Economics
DocCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $135,560
Lifetime Value Added
N/A
Philosophy
DocCIP: 3801
Median Debt
-
Earnings (2yr)
$46,087
Natl Median: $70,449
Lifetime Value Added
-$477k
Try this program with your own numbers →
Median Debt
-
Earnings (4yr)
-
Natl Median: $90,908
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $119,220
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $103,410
Lifetime Value Added
N/A
Sociology
DocCIP: 4511
Median Debt
-
Earnings (4yr)
-
Natl Median: $88,618
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.