College ROI

Smarter Choices, Brighter Futures
Back to General Education

Education, General.

Doctoral Degree80 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 ($89,989)
P25-P75 Interval ($82,440 - $103,220)
HS Baseline ($35,872)
Breakeven Line (0% ROI)
Institution
State
Earnings
Avg Net PriceMedian Debt
Lifetime Value Added
La Jolla
CA
$131,358
Nat: $87,373
4yr Post-Grad
$12,470
/yr
-
+$281k
Berkeley
CA
$130,547
Nat: $87,373
4yr Post-Grad
$13,481
/yr
-
+$271k
Stanford
CA
$125,390
Nat: $87,373
4yr Post-Grad
$13,807
/yr
-
+$232k
Claremont
CA
$118,397
Nat: $87,373
4yr Post-Grad
-
/yr
$98,011
+$231k
Cambridge
MA
$125,405
Nat: $87,373
4yr Post-Grad
$19,066
/yr
$25,465
+$214k
West Lafayette
IN
$118,149
Nat: $87,373
4yr Post-Grad
$14,600
/yr
-
+$176k
Azusa Pacific University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Azusa
CA
$113,252
Nat: $87,373
4yr Post-Grad
$22,212
/yr
$95,539
+$113k
Amherst
MA
$110,816
Nat: $87,373
4yr Post-Grad
$22,383
/yr
-
+$94k
Riverside
CA
$105,195
Nat: $87,373
4yr Post-Grad
$14,304
/yr
-
+$81k
Fairfax
VA
$105,869
Nat: $87,373
4yr Post-Grad
$17,915
/yr
$60,555
+$73k
Ann Arbor
MI
$103,220
Nat: $87,373
4yr Post-Grad
$13,138
/yr
-
+$71k
Arizona State University Digital Immersion
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Scottsdale
AZ
$95,602
Nat: $87,373
4yr Post-Grad
-
/yr
$66,553
+$62k
Cambridge
MA
$107,723
Nat: $87,373
4yr Post-Grad
$31,152
/yr
$75,166
+$40k
Irvine
CA
$98,554
Nat: $87,373
4yr Post-Grad
$14,251
/yr
-
+$32k
Los Angeles
CA
$96,245
Nat: $87,373
4yr Post-Grad
$12,548
/yr
$66,580
+$21k
Tempe
AZ
$95,602
Nat: $87,373
4yr Post-Grad
$14,967
/yr
$66,553
+$8k
University
MS
$94,295
Nat: $87,373
4yr Post-Grad
$13,314
/yr
$53,957
+$4k
Capella University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Minneapolis
MN
$96,095
Nat: $87,373
4yr Post-Grad
$17,956
/yr
$114,567
+$696
Tucson
AZ
-
Nat: $87,373
$16,674
/yr
-
-$0
San Diego
CA
-
Nat: $87,373
$15,364
/yr
$25,712
-$0
Newark
DE
-
Nat: $87,373
$17,799
/yr
-
-$0
Washington
DC
-
Nat: $87,373
$29,561
/yr
-
-$0
Atlanta
GA
-
Nat: $87,373
$15,931
/yr
-
-$0
Honolulu
HI
-
Nat: $87,373
$15,664
/yr
-
-$0
Moscow
ID
-
Nat: $87,373
$14,831
/yr
-
-$0
Champaign
IL
-
Nat: $87,373
$14,355
/yr
-
-$0
Ames
IA
-
Nat: $87,373
$18,589
/yr
-
-$0
Cedar Falls
IA
-
Nat: $87,373
$15,901
/yr
-
-$0
Orono
ME
-
Nat: $87,373
$17,510
/yr
-
-$0
Baltimore
MD
-
Nat: $87,373
$18,809
/yr
-
-$0
American International College
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Springfield
MA
-
Nat: $87,373
$23,274
/yr
-
-$0
Lowell
MA
-
Nat: $87,373
$17,163
/yr
-
-$0
Boston
MA
-
Nat: $87,373
$17,707
/yr
-
-$0
Ypsilanti
MI
-
Nat: $87,373
$15,407
/yr
-
-$0
Dearborn
MI
-
Nat: $87,373
$9,492
/yr
-
-$0
University of Michigan-Flint
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Flint
MI
-
Nat: $87,373
$7,007
/yr
-
-$0
Saint Paul
MN
-
Nat: $87,373
$20,744
/yr
-
-$0
Duluth
MN
-
Nat: $87,373
$18,743
/yr
-
-$0
Cleveland
MS
-
Nat: $87,373
$13,540
/yr
-
-$0
Kansas City
MO
-
Nat: $87,373
$13,310
/yr
-
-$0
St. Louis
MO
-
Nat: $87,373
$21,786
/yr
-
-$0
Bozeman
MT
-
Nat: $87,373
$22,499
/yr
-
-$0
Lincoln
NE
-
Nat: $87,373
$26,919
/yr
-
-$0
Reno
NV
-
Nat: $87,373
$15,927
/yr
-
-$0
New Brunswick
NJ
-
Nat: $87,373
$24,406
/yr
-
-$0
Ithaca
NY
-
Nat: $87,373
$28,690
/yr
-
-$0
Hempstead
NY
-
Nat: $87,373
$34,176
/yr
-
-$0
Findlay
OH
-
Nat: $87,373
$27,221
/yr
-
-$0
Philadelphia
PA
-
Nat: $87,373
$28,198
/yr
-
-$0
Kingston
RI
-
Nat: $87,373
$21,440
/yr
-
-$0
Columbia
SC
-
Nat: $87,373
$22,811
/yr
-
-$0
Seattle
WA
-
Nat: $87,373
$24,488
/yr
-
-$0
Huntington
WV
-
Nat: $87,373
$7,502
/yr
-
-$0
Morgantown
WV
-
Nat: $87,373
$15,634
/yr
-
-$0
Tacoma
WA
$88,195
Nat: $87,373
2yr Post-Grad
$10,163
/yr
-
-$3k
Chapel Hill
NC
$91,430
Nat: $87,373
4yr Post-Grad
$11,655
/yr
$81,040
-$11k
Seattle
WA
$88,195
Nat: $87,373
2yr Post-Grad
$14,091
/yr
-
-$18k
University of the Incarnate Word
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
San Antonio
TX
$95,483
Nat: $87,373
4yr Post-Grad
$22,775
/yr
-
-$21k
Richmond
VA
$95,708
Nat: $87,373
4yr Post-Grad
$23,433
/yr
-
-$22k
Laramie
WY
$89,142
Nat: $87,373
4yr Post-Grad
$13,599
/yr
-
-$35k
Santa Barbara
CA
$89,989
Nat: $87,373
4yr Post-Grad
$16,109
/yr
-
-$38k
Northcentral University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
San Diego
CA
$80,493
Nat: $87,373
4yr Post-Grad
-
/yr
$72,765
-$51k
Stillwater
OK
$87,356
Nat: $87,373
4yr Post-Grad
$17,447
/yr
-
-$62k
Charlottesville
VA
$89,240
Nat: $87,373
4yr Post-Grad
$21,565
/yr
-
-$63k
University of Missouri-St Louis
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Saint Louis
MO
$85,991
Nat: $87,373
4yr Post-Grad
$15,071
/yr
$46,923
-$64k
Columbus
OH
$87,043
Nat: $87,373
4yr Post-Grad
$17,339
/yr
$49,485
-$64k
Walden University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Minneapolis
MN
$94,881
Nat: $87,373
4yr Post-Grad
$33,817
/yr
$132,844
-$65k
Bend
OR
$82,440
Nat: $87,373
2yr Post-Grad
$18,048
/yr
-
-$76k
Corvallis
OR
$82,440
Nat: $87,373
2yr Post-Grad
$19,604
/yr
-
-$82k
Orlando
FL
$81,030
Nat: $87,373
4yr Post-Grad
$10,411
/yr
-
-$84k
Pittsburgh
PA
$88,543
Nat: $87,373
4yr Post-Grad
$30,434
/yr
$63,712
-$100k
Bolivar
MO
$80,017
Nat: $87,373
4yr Post-Grad
$21,677
/yr
-
-$132k
Cleveland
OH
$73,446
Nat: $87,373
2yr Post-Grad
$14,764
/yr
-
-$134k
Knoxville
TN
$77,153
Nat: $87,373
4yr Post-Grad
$18,976
/yr
$61,500
-$144k
Fort Lauderdale
FL
$81,299
Nat: $87,373
4yr Post-Grad
$30,371
/yr
$142,473
-$154k
Greensboro
NC
$67,101
Nat: $87,373
2yr Post-Grad
$10,965
/yr
-
-$170k
Hattiesburg
MS
$74,802
Nat: $87,373
4yr Post-Grad
$21,708
/yr
-
-$171k
Philadelphia
PA
$65,238
Nat: $87,373
2yr Post-Grad
$28,699
/yr
-
-$248k
Rochester
NY
$63,005
Nat: $87,373
2yr Post-Grad
$29,278
/yr
-
-$268k
Baker University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Baldwin City
KS
$61,658
Nat: $87,373
4yr Post-Grad
$25,301
/yr
-
-$283k
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.