College ROI

Smarter Choices, Brighter Futures
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Wheaton College

Wheaton, IL 2,087 Undergrads 87.4% Grad Rate
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Total Cost
$56,447
Sticker Price
Avg Net Price
$26,984
After Aid
Median Earnings
$63,756
10yr Post-Entry

Vs. Peer Institutions

Net Price$26,984
Peer Midpoint: $19,729.5
Earnings (10yr)$63,756
Peer Midpoint: $53,747
Graduation Rate87.4%
Peer Midpoint: 58.5%
Socio-Economic Diversity
Pell Grant Recipients20.8%
Enrollment Status
Full-Time97.9%
Economic Outcomes
Earn More than HS78.0%

Admissions Profile

Acceptance
90.0%
SAT Avg
1,363
SAT Reading
25th: 65066075th: 720
SAT Math
25th: 61068075th: 720
ACT Composite
25th: 273075th: 32

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
+$546k
+$149k
+$62k
Median Cost$27k/yr
+$449k
+$52k
-$36k
Full Cost$56k/yr
+$343k
-$54k
-$142k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
36
Median Cost$27k/yr
Never
-37%
Full Cost$56k/yr
Never
-70%
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-38%

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-73%
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

Anthropology
BachCIP: 4502
Median Debt
-
Earnings (2yr)
$28,960
Lifetime Value Added
-$299k
Bible/Biblical Studies
BachCIP: 3902
Median Debt
$22,250
Earnings (5yr)
$42,261
Lifetime Value Added
-$201k
Biology, General
BachCIP: 2601
Median Debt
$21,500
Earnings (5yr)
$76,296
Lifetime Value Added
+$69k
Business/Managerial Economics
BachCIP: 5206
Median Debt
$24,000
Earnings (5yr)
$83,645
Lifetime Value Added
+$124k
Communication and Media Studies
BachCIP: 0901
Median Debt
$23,250
Earnings (5yr)
$63,267
Lifetime Value Added
-$30k
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (2yr)
$61,516
Lifetime Value Added
-$14k
Economics
BachCIP: 4506
Median Debt
$21,000
Earnings (2yr)
$46,087
Lifetime Value Added
-$145k
English Language and Literature, General
BachCIP: 2301
Median Debt
$21,101
Earnings (5yr)
$54,198
Lifetime Value Added
-$102k
Health Services/Allied Health/Health Sciences, General
BachCIP: 5100
Median Debt
$20,356
Earnings (5yr)
$69,891
Lifetime Value Added
+$21k
International Relations and National Security Studies
BachCIP: 4509
Median Debt
$23,250
Earnings (5yr)
$53,995
Lifetime Value Added
-$103k
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (2yr)
$49,683
Lifetime Value Added
-$114k
Music
BachCIP: 5009
Median Debt
$24,556
Earnings (5yr)
$42,365
Lifetime Value Added
-$200k
Philosophy
BachCIP: 3801
Median Debt
$23,685
Earnings (5yr)
$72,113
Lifetime Value Added
+$38k
Psychology, General
BachCIP: 4201
Median Debt
$21,500
Earnings (5yr)
$55,639
Lifetime Value Added
-$90k
Religious Education
BachCIP: 3904
Median Debt
$25,000
Earnings (2yr)
$25,194
Lifetime Value Added
-$333k
Romance Languages, Literatures, and Linguistics
BachCIP: 1609
Median Debt
$26,000
Earnings (2yr)
$35,864
Lifetime Value Added
-$236k
Teacher Education and Professional Development, Specific Levels and Methods
BachCIP: 1312
Median Debt
$25,000
Earnings (5yr)
$49,942
Lifetime Value Added
-$137k
Teacher Education and Professional Development, Specific Subject Areas
BachCIP: 1313
Median Debt
-
Earnings (2yr)
$32,925
Lifetime Value Added
-$263k

Master's Degrees

Clinical, Counseling and Applied Psychology
MastCIP: 4228
Median Debt
$40,125
Earnings (5yr)
$55,194
Lifetime Value Added
-$867
Mental and Social Health Services and Allied Professions
MastCIP: 5115
Median Debt
-
Earnings (5yr)
$45,181
Lifetime Value Added
-$96k
Religious Education
MastCIP: 3904
Median Debt
-
Earnings (2yr)
$30,771
Lifetime Value Added
-$218k
Theological and Ministerial Studies
MastCIP: 3906
Median Debt
-
Earnings (5yr)
$58,390
Lifetime Value Added
+$29k

Doctoral Degrees

Clinical, Counseling and Applied Psychology
DocCIP: 4228
Median Debt
$129,614
Earnings (2yr)
$57,318
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.