College ROI

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Doctoral Degree100 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 ($56,459)
P25-P75 Interval ($47,407 - $60,156)
HS Baseline ($35,872)
Breakeven Line (0% ROI)
Institution
State
Earnings
Avg Net PriceMedian Debt
Lifetime Value Added
Berkeley
CA
-
Nat: $59,592
$13,481
/yr
-
-$0
Davis
CA
-
Nat: $59,592
$14,741
/yr
-
-$0
Irvine
CA
-
Nat: $59,592
$14,251
/yr
-
-$0
Riverside
CA
-
Nat: $59,592
$14,304
/yr
-
-$0
Santa Barbara
CA
-
Nat: $59,592
$16,109
/yr
-
-$0
Santa Cruz
CA
-
Nat: $59,592
$17,890
/yr
-
-$0
Claremont
CA
-
Nat: $59,592
-
/yr
-
-$0
Greeley
CO
-
Nat: $59,592
$17,760
/yr
-
-$0
Storrs
CT
-
Nat: $59,592
$25,097
/yr
-
-$0
West Hartford
CT
-
Nat: $59,592
$30,282
/yr
-
-$0
Middletown
CT
-
Nat: $59,592
$30,177
/yr
-
-$0
New Haven
CT
-
Nat: $59,592
$23,777
/yr
-
-$0
Washington
DC
-
Nat: $59,592
$29,561
/yr
-
-$0
Gainesville
FL
-
Nat: $59,592
$6,541
/yr
-
-$0
Tampa
FL
-
Nat: $59,592
$9,812
/yr
-
-$0
Honolulu
HI
-
Nat: $59,592
$15,664
/yr
-
-$0
Chicago
IL
-
Nat: $59,592
$14,860
/yr
-
-$0
Muncie
IN
-
Nat: $59,592
$14,940
/yr
-
-$0
Baton Rouge
LA
-
Nat: $59,592
$19,151
/yr
$61,500
-$0
Baltimore
MD
-
Nat: $59,592
$18,809
/yr
-
-$0
Waltham
MA
-
Nat: $59,592
$35,736
/yr
-
-$0
Cambridge
MA
-
Nat: $59,592
$19,066
/yr
-
-$0
Amherst
MA
-
Nat: $59,592
$22,383
/yr
-
-$0
Boston
MA
-
Nat: $59,592
$46,754
/yr
-
-$0
Minneapolis
MN
-
Nat: $59,592
$16,778
/yr
-
-$0
Hattiesburg
MS
-
Nat: $59,592
$21,708
/yr
-
-$0
Columbia
MO
-
Nat: $59,592
$20,268
/yr
-
-$0
St. Louis
MO
-
Nat: $59,592
$21,786
/yr
-
-$0
Princeton
NJ
-
Nat: $59,592
$6,128
/yr
-
-$0
New Brunswick
NJ
-
Nat: $59,592
$24,406
/yr
-
-$0
New York
NY
-
Nat: $59,592
$21,590
/yr
-
-$0
Ithaca
NY
-
Nat: $59,592
$28,690
/yr
-
-$0
Five Towns College
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Dix Hills
NY
-
Nat: $59,592
$22,992
/yr
-
-$0
New York
NY
-
Nat: $59,592
$43,571
/yr
-
-$0
New York
NY
-
Nat: $59,592
$51,754
/yr
-
-$0
New York
NY
-
Nat: $59,592
$37,050
/yr
-
-$0
Buffalo
NY
-
Nat: $59,592
$20,995
/yr
-
-$0
Durham
NC
-
Nat: $59,592
$29,612
/yr
-
-$0
Chapel Hill
NC
-
Nat: $59,592
$11,655
/yr
-
-$0
Fargo
ND
-
Nat: $59,592
$15,543
/yr
-
-$0
Bowling Green
OH
-
Nat: $59,592
$24,022
/yr
-
-$0
Cleveland
OH
-
Nat: $59,592
$41,190
/yr
-
-$0
Cleveland
OH
-
Nat: $59,592
$28,226
/yr
-
-$0
Kent
OH
-
Nat: $59,592
$20,787
/yr
-
-$0
Norman
OK
-
Nat: $59,592
$15,300
/yr
-
-$0
Eugene
OR
-
Nat: $59,592
$22,182
/yr
-
-$0
Philadelphia
PA
-
Nat: $59,592
$28,699
/yr
-
-$0
Pittsburgh
PA
-
Nat: $59,592
$30,434
/yr
-
-$0
Philadelphia
PA
-
Nat: $59,592
$28,198
/yr
-
-$0
Providence
RI
-
Nat: $59,592
$25,184
/yr
-
-$0
Memphis
TN
-
Nat: $59,592
$12,397
/yr
-
-$0
Houston
TX
-
Nat: $59,592
$13,370
/yr
-
-$0
Fort Worth
TX
-
Nat: $59,592
$36,660
/yr
-
-$0
Salt Lake City
UT
-
Nat: $59,592
$16,200
/yr
-
-$0
Fairfax
VA
-
Nat: $59,592
$17,915
/yr
-
-$0
Harrisonburg
VA
-
Nat: $59,592
$23,322
/yr
-
-$0
Winchester
VA
-
Nat: $59,592
$30,298
/yr
-
-$0
Charlottesville
VA
-
Nat: $59,592
$21,565
/yr
-
-$0
Morgantown
WV
-
Nat: $59,592
$15,634
/yr
-
-$0
Stanford
CA
-
Nat: $59,592
$13,807
/yr
-
-$0
Waterbury
CT
-
Nat: $59,592
$10,875
/yr
-
-$0
Groton
CT
-
Nat: $59,592
$13,807
/yr
-
-$0
Stamford
CT
-
Nat: $59,592
$16,798
/yr
-
-$0
Hartford
CT
-
Nat: $59,592
$16,403
/yr
-
-$0
Ann Arbor
MI
$75,367
Nat: $59,592
4yr Post-Grad
$13,138
/yr
$41,000
-$136k
Austin
TX
$75,055
Nat: $59,592
4yr Post-Grad
$19,857
/yr
-
-$163k
La Jolla
CA
$68,693
Nat: $59,592
4yr Post-Grad
$12,470
/yr
-
-$184k
College Park
MD
$68,660
Nat: $59,592
4yr Post-Grad
$15,678
/yr
-
-$195k
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
$59,802
Nat: $59,592
4yr Post-Grad
-
/yr
-
-$207k
Madison
WI
$65,495
Nat: $59,592
4yr Post-Grad
$17,354
/yr
-
-$225k
Denton
TX
$64,315
Nat: $59,592
4yr Post-Grad
$15,649
/yr
$36,476
-$228k
East Lansing
MI
$64,672
Nat: $59,592
4yr Post-Grad
$19,680
/yr
-
-$240k
Tallahassee
FL
$60,076
Nat: $59,592
4yr Post-Grad
$11,297
/yr
$52,754
-$245k
Evanston
IL
$66,572
Nat: $59,592
4yr Post-Grad
$29,167
/yr
-
-$259k
Lincoln
NE
$60,133
Nat: $59,592
4yr Post-Grad
$17,747
/yr
-
-$268k
Champaign
IL
$58,016
Nat: $59,592
4yr Post-Grad
$14,355
/yr
$60,178
-$272k
Stony Brook
NY
$59,933
Nat: $59,592
4yr Post-Grad
$18,784
/yr
$76,688
-$273k
Athens
GA
$56,716
Nat: $59,592
4yr Post-Grad
$13,936
/yr
-
-$281k
Columbus
OH
$57,576
Nat: $59,592
4yr Post-Grad
$17,339
/yr
-
-$287k
Las Vegas
NV
$52,107
Nat: $59,592
2yr Post-Grad
$10,359
/yr
-
-$288k
Boston
MA
$60,156
Nat: $59,592
4yr Post-Grad
$24,402
/yr
-
-$292k
Lubbock
TX
$57,408
Nat: $59,592
4yr Post-Grad
$19,070
/yr
-
-$294k
Kansas City
MO
$54,810
Nat: $59,592
4yr Post-Grad
$13,310
/yr
$39,598
-$294k
Bloomington
IN
$53,477
Nat: $59,592
4yr Post-Grad
$16,264
/yr
$64,754
-$316k
Los Angeles
CA
$59,885
Nat: $59,592
4yr Post-Grad
$32,740
/yr
-
-$324k
Boulder
CO
$56,459
Nat: $59,592
4yr Post-Grad
$25,346
/yr
$33,336
-$324k
Lawrence
KS
$52,762
Nat: $59,592
4yr Post-Grad
$18,059
/yr
-
-$328k
Greensboro
NC
$44,747
Nat: $59,592
2yr Post-Grad
$10,965
/yr
-
-$353k
Lexington
KY
$49,845
Nat: $59,592
4yr Post-Grad
$18,851
/yr
-
-$354k
Tempe
AZ
$48,038
Nat: $59,592
4yr Post-Grad
$14,967
/yr
$62,503
-$355k
Los Angeles
CA
$44,971
Nat: $59,592
2yr Post-Grad
$12,548
/yr
-
-$357k
Tucson
AZ
$47,280
Nat: $59,592
4yr Post-Grad
$16,674
/yr
-
-$368k
Rochester
NY
$52,257
Nat: $59,592
4yr Post-Grad
$29,278
/yr
$75,030
-$372k
Houston
TX
$43,798
Nat: $59,592
2yr Post-Grad
$14,276
/yr
-
-$373k
Cincinnati
OH
$49,909
Nat: $59,592
4yr Post-Grad
$25,648
/yr
$50,591
-$378k
Iowa City
IA
$47,407
Nat: $59,592
4yr Post-Grad
$22,531
/yr
-
-$388k
Columbia
SC
$46,203
Nat: $59,592
4yr Post-Grad
$22,811
/yr
-
-$399k
Tuscaloosa
AL
$42,682
Nat: $59,592
2yr Post-Grad
$22,420
/yr
-
-$412k
Seattle
WA
$37,593
Nat: $59,592
2yr Post-Grad
$14,091
/yr
-
-$427k
Coral Gables
FL
$45,553
Nat: $59,592
4yr Post-Grad
$37,244
/yr
-
-$456k
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.