College ROI

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Public Policy Analysis.

Doctoral Degree44 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 ($87,604)
P25-P75 Interval ($87,604 - $87,604)
HS Baseline ($35,872)
Breakeven Line (0% ROI)
Institution
State
Earnings
Avg Net PriceMedian Debt
Lifetime Value Added
Tempe
AZ
-
Nat: $119,220
$14,967
/yr
-
-$0
Fayetteville
AR
-
Nat: $119,220
$18,209
/yr
-
-$0
Berkeley
CA
-
Nat: $119,220
$13,481
/yr
-
-$0
Loma Linda University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Loma Linda
CA
-
Nat: $119,220
-
/yr
-
-$0
Santa Monica
CA
-
Nat: $119,220
-
/yr
-
-$0
Los Angeles
CA
-
Nat: $119,220
$32,740
/yr
-
-$0
Washington
DC
-
Nat: $119,220
$36,586
/yr
-
-$0
Atlanta
GA
-
Nat: $119,220
$15,931
/yr
-
-$0
Boise
ID
-
Nat: $119,220
$21,610
/yr
-
-$0
Chicago
IL
-
Nat: $119,220
$14,860
/yr
-
-$0
Indianapolis
IN
-
Nat: $119,220
$11,668
/yr
-
-$0
Bloomington
IN
-
Nat: $119,220
$16,264
/yr
-
-$0
Southern University and A & M College
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Baton Rouge
LA
-
Nat: $119,220
$20,077
/yr
-
-$0
University of Southern Maine
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Portland
ME
-
Nat: $119,220
$13,596
/yr
-
-$0
Baltimore
MD
-
Nat: $119,220
$16,467
/yr
-
-$0
College Park
MD
-
Nat: $119,220
$15,678
/yr
-
-$0
Waltham
MA
-
Nat: $119,220
$35,736
/yr
-
-$0
Boston
MA
-
Nat: $119,220
$17,707
/yr
-
-$0
North Dartmouth
MA
-
Nat: $119,220
$20,927
/yr
-
-$0
Ann Arbor
MI
-
Nat: $119,220
$13,138
/yr
-
-$0
Houghton
MI
-
Nat: $119,220
$14,182
/yr
-
-$0
Saint Louis
MO
-
Nat: $119,220
$24,398
/yr
-
-$0
Las Vegas
NV
-
Nat: $119,220
$10,359
/yr
-
-$0
Princeton
NJ
-
Nat: $119,220
$6,128
/yr
-
-$0
Camden
NJ
-
Nat: $119,220
$18,745
/yr
-
-$0
New Brunswick
NJ
-
Nat: $119,220
$24,406
/yr
-
-$0
New York
NY
-
Nat: $119,220
$58,741
/yr
-
-$0
Niagara University
NY
-
Nat: $119,220
$17,248
/yr
-
-$0
New York
NY
-
Nat: $119,220
-
/yr
-
-$0
Durham
NC
-
Nat: $119,220
$29,612
/yr
-
-$0
Chapel Hill
NC
-
Nat: $119,220
$11,655
/yr
-
-$0
Charlotte
NC
-
Nat: $119,220
$15,435
/yr
-
-$0
Corvallis
OR
-
Nat: $119,220
$19,604
/yr
-
-$0
Portland State University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Portland
OR
-
Nat: $119,220
$9,552
/yr
-
-$0
Pittsburgh
PA
-
Nat: $119,220
$31,944
/yr
-
-$0
Kingston
RI
-
Nat: $119,220
$21,440
/yr
-
-$0
Clemson
SC
-
Nat: $119,220
$22,253
/yr
-
-$0
Austin
TX
-
Nat: $119,220
$19,857
/yr
-
-$0
Richardson
TX
-
Nat: $119,220
$18,267
/yr
-
-$0
The University of Texas Health Science Center at Houston
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Houston
TX
-
Nat: $119,220
-
/yr
-
-$0
Fairfax
VA
-
Nat: $119,220
$17,915
/yr
-
-$0
Bend
OR
-
Nat: $119,220
$18,048
/yr
-
-$0
Baton Rouge
LA
-
Nat: $119,220
-
/yr
-
-$0
Cambridge
MA
$87,604
Nat: $119,220
2yr Post-Grad
$19,066
/yr
-
-$40k
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.