College ROI

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Doctoral Degree64 Institutions

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.

Annual Full Cost vs. Median Earnings

Each dot represents one program at an institution. Shows the spread of annual sticker price (or net price if sticker price is unavailable) vs earnings 4 years post-grad.

Field Median ($57,318)
P25-P75 Interval ($46,087 - $57,318)
HS Baseline ($35,872)
Breakeven Line (0% ROI)
Institution
State
Earnings
Avg Net PriceMedian Debt
Lifetime Value Added
Tempe
AZ
-
Nat: $77,285
$14,967
/yr
-
-$0
Tucson
AZ
-
Nat: $77,285
$16,674
/yr
-
-$0
Flagstaff
AZ
-
Nat: $77,285
$14,158
/yr
-
-$0
Fayetteville
AR
-
Nat: $77,285
$18,209
/yr
-
-$0
Berkeley
CA
-
Nat: $77,285
$13,481
/yr
-
-$0
Davis
CA
-
Nat: $77,285
$14,741
/yr
-
-$0
Irvine
CA
-
Nat: $77,285
$14,251
/yr
-
-$0
Riverside
CA
-
Nat: $77,285
$14,304
/yr
-
-$0
La Jolla
CA
-
Nat: $77,285
$12,470
/yr
-
-$0
Santa Barbara
CA
-
Nat: $77,285
$16,109
/yr
-
-$0
Santa Cruz
CA
-
Nat: $77,285
$17,890
/yr
-
-$0
Los Angeles
CA
-
Nat: $77,285
$32,740
/yr
-
-$0
Boulder
CO
-
Nat: $77,285
$25,346
/yr
-
-$0
Storrs
CT
-
Nat: $77,285
$25,097
/yr
-
-$0
New Haven
CT
-
Nat: $77,285
$23,777
/yr
-
-$0
Newark
DE
-
Nat: $77,285
$17,799
/yr
-
-$0
Washington
DC
-
Nat: $77,285
$40,815
/yr
-
-$0
Gainesville
FL
-
Nat: $77,285
$6,541
/yr
-
-$0
Atlanta
GA
-
Nat: $77,285
$22,585
/yr
-
-$0
Athens
GA
-
Nat: $77,285
$13,936
/yr
-
-$0
Honolulu
HI
-
Nat: $77,285
$15,664
/yr
-
-$0
Chicago
IL
-
Nat: $77,285
$14,860
/yr
-
-$0
Champaign
IL
-
Nat: $77,285
$14,355
/yr
-
-$0
Evanston
IL
-
Nat: $77,285
$29,167
/yr
-
-$0
Bloomington
IN
-
Nat: $77,285
$16,264
/yr
-
-$0
Iowa City
IA
-
Nat: $77,285
$22,531
/yr
-
-$0
Lawrence
KS
-
Nat: $77,285
$18,059
/yr
-
-$0
Baton Rouge
LA
-
Nat: $77,285
$19,151
/yr
-
-$0
New Orleans
LA
-
Nat: $77,285
$39,949
/yr
-
-$0
College Park
MD
-
Nat: $77,285
$15,678
/yr
-
-$0
Cambridge
MA
-
Nat: $77,285
$19,066
/yr
-
-$0
Amherst
MA
-
Nat: $77,285
$22,383
/yr
-
-$0
Cambridge
MA
-
Nat: $77,285
$20,111
/yr
-
-$0
Ann Arbor
MI
-
Nat: $77,285
$13,138
/yr
-
-$0
East Lansing
MI
-
Nat: $77,285
$19,680
/yr
-
-$0
Detroit
MI
-
Nat: $77,285
$12,766
/yr
-
-$0
Columbia
MO
-
Nat: $77,285
$20,268
/yr
-
-$0
Lincoln
NE
-
Nat: $77,285
$17,747
/yr
-
-$0
Princeton
NJ
-
Nat: $77,285
$6,128
/yr
-
-$0
New Brunswick
NJ
-
Nat: $77,285
$24,406
/yr
-
-$0
Albuquerque
NM
-
Nat: $77,285
$15,489
/yr
-
-$0
Ithaca
NY
-
Nat: $77,285
$28,690
/yr
-
-$0
New York
NY
-
Nat: $77,285
$37,050
/yr
-
-$0
Buffalo
NY
-
Nat: $77,285
$20,995
/yr
-
-$0
Stony Brook
NY
-
Nat: $77,285
$18,784
/yr
-
-$0
Eugene
OR
-
Nat: $77,285
$22,182
/yr
-
-$0
University Park
PA
-
Nat: $77,285
$32,875
/yr
-
-$0
Philadelphia
PA
-
Nat: $77,285
$28,699
/yr
-
-$0
Columbia
SC
-
Nat: $77,285
$22,811
/yr
-
-$0
Knoxville
TN
-
Nat: $77,285
$18,976
/yr
-
-$0
Houston
TX
-
Nat: $77,285
$13,370
/yr
-
-$0
The University of Texas at Arlington
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Arlington
TX
-
Nat: $77,285
$13,951
/yr
-
-$0
Salt Lake City
UT
-
Nat: $77,285
$16,200
/yr
-
-$0
Seattle
WA
-
Nat: $77,285
$14,091
/yr
-
-$0
Madison
WI
-
Nat: $77,285
$17,354
/yr
-
-$0
Stanford
CA
-
Nat: $77,285
$13,807
/yr
-
-$0
West Lafayette
IN
-
Nat: $77,285
$14,600
/yr
-
-$0
Waterbury
CT
-
Nat: $77,285
$10,875
/yr
-
-$0
Groton
CT
-
Nat: $77,285
$13,807
/yr
-
-$0
Stamford
CT
-
Nat: $77,285
$16,798
/yr
-
-$0
Hartford
CT
-
Nat: $77,285
$16,403
/yr
-
-$0
CUNY Graduate School and University Center
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
New York
NY
$84,478
Nat: $77,285
4yr Post-Grad
-
/yr
-
-$21k
Austin
TX
$57,318
Nat: $77,285
2yr Post-Grad
$19,857
/yr
-
-$279k
Los Angeles
CA
$46,087
Nat: $77,285
2yr Post-Grad
$12,548
/yr
-
-$347k
Analysis Notes:
  • Lifetime Value Added: Net Present Value (NPV) of estimated career earnings relative to a median bachelor's degree holder, accounting for this institution's average cost and taxes.
  • Avg Net Price: The average price paid by students who receive federal financial aid (grants/loans).Note: For graduate programs, the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition and net price.
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, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.