College ROI

Smarter Choices, Brighter Futures
Back to Colleges

University of Evansville

Evansville, IN 1,477 Undergrads 67.3% Grad Rate
Share
Total Cost
$56,068
Sticker Price
Avg Net Price
$20,230
After Aid
Median Earnings
$53,770
10yr Post-Entry

Vs. Peer Institutions

Net Price$20,230
Peer Midpoint: $19,729.5
Earnings (10yr)$53,770
Peer Midpoint: $53,747
Graduation Rate67.3%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients25.7%
Enrollment Status
Full-Time97.5%
Economic Outcomes
Earn More than HS77.5%

Admissions Profile

Acceptance
77.6%
SAT Avg
-
SAT Reading
25th: -57575th: -
SAT Math
25th: -57575th: -
ACT Composite
25th: -2675th: -

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
+$468k
+$71k
-$17k
Median Cost$20k/yr
+$395k
-$2k
-$90k
Full Cost$56k/yr
+$266k
-$131k
-$219k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$20k/yr
Never
-123%
Full Cost$56k/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-105%

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-90%
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

Business Administration, Management and Operations
CertCIP: 5202
Median Debt
-
Earnings (2yr)
$55,512
Lifetime Value Added
+$155k
Drama/Theatre Arts and Stagecraft
CertCIP: 5005
Median Debt
-
Earnings (5yr)
$21,209
Lifetime Value Added
-$248k
Health and Physical Education/Fitness
CertCIP: 3105
Median Debt
-
Earnings (5yr)
$64,833
Lifetime Value Added
+$214k
Mechanical Engineering
CertCIP: 1419
Median Debt
-
Earnings (2yr)
$70,456
Lifetime Value Added
+$309k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
CertCIP: 5138
Median Debt
-
Earnings (5yr)
$62,152
Lifetime Value Added
+$187k
Rhetoric and Composition/Writing Studies
CertCIP: 2313
Median Debt
-
Earnings (5yr)
$41,074
Lifetime Value Added
-$32k
Teacher Education and Professional Development, Specific Subject Areas
CertCIP: 1313
Median Debt
-
Earnings (2yr)
$41,342
Lifetime Value Added
-$2k

Bachelor's Degrees

Business Administration, Management and Operations
BachCIP: 5202
Median Debt
$23,700
Earnings (5yr)
$68,251
Lifetime Value Added
+$33k
Health and Physical Education/Fitness
BachCIP: 3105
Median Debt
$23,250
Earnings (5yr)
$63,846
Lifetime Value Added
-$796
Mechanical Engineering
BachCIP: 1419
Median Debt
$25,010
Earnings (2yr)
$61,020
Lifetime Value Added
+$6k
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
BachCIP: 5138
Median Debt
$27,000
Earnings (2yr)
$55,964
Lifetime Value Added
-$36k
Rhetoric and Composition/Writing Studies
BachCIP: 2313
Median Debt
-
Earnings (2yr)
$17,717
Lifetime Value Added
-$378k

Master's Degrees

Business Administration, Management and Operations
MastCIP: 5202
Median Debt
-
Earnings (5yr)
$62,193
Lifetime Value Added
+$76k
Health and Medical Administrative Services
MastCIP: 5107
Median Debt
-
Earnings (2yr)
$29,685
Lifetime Value Added
-$216k

Doctoral Degrees

Rehabilitation and Therapeutic Professions
DocCIP: 5123
Median Debt
$77,330
Earnings (5yr)
$81,568
Lifetime Value Added
+$89k

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.