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National ROI Summary
Aggregated analysis of return on investment across US institutions, grouped by credential level.
United States - National Aggregate
Institution Statistics
Financial ROI
| Level | Institutions | NPV (Zero Cost) Pos / Neg | NPV (Med Cost) Pos / Neg | NPV (Full Cost) Pos / Neg |
|---|---|---|---|---|
| Certificate | 2,560 | 12% n=1,994 | 9% n=1,871 | 8% n=1,871 |
| Associate | 973 | 16% n=911 | 10% n=882 | 9% n=882 |
| Bachelor | 1,947 | 43% n=1,799 | 20% n=1,687 | 8% n=1,687 |
| Master's | 213 | 91% n=11 | n=0 | n=0 |
| Doctoral | 58 | 89% n=9 | n=0 | n=0 |
| Total | 5,751 | 25% n=4,724 | 13% n=4,440 | 8% n=4,440 |
Student Outcomes
| Level | Institutions | Grad Earnings >HS / ≤HS | Social ROI Pos / Neg | Pell ROI Pos / Neg |
|---|---|---|---|---|
| Certificate | 2,560 | 41% n=2,172 | 11% n=1,871 | 13% n=1,871 |
| Associate | 973 | 81% n=931 | 15% n=882 | 28% n=882 |
| Bachelor | 1,947 | 88% n=1,848 | 46% n=1,687 | 75% n=1,687 |
| Master's | 213 | 43% n=56 | n=0 | n=0 |
| Doctoral | 58 | 76% n=33 | n=0 | n=0 |
| Total | 5,751 | 66% n=5,040 | 25% n=4,440 | 40% n=4,440 |
Student Statistics
Financial ROI
| Level | Students | NPV (Zero Cost) Pos / Neg | NPV (Med Cost) Pos / Neg | NPV (Full Cost) Pos / Neg |
|---|---|---|---|---|
| Certificate | 1,836,878 | 15% n=1,745,063 | 9% n=1,711,950 | 8% n=1,711,950 |
| Associate | 3,576,075 | 11% n=3,517,924 | 8% n=3,509,156 | 5% n=3,509,156 |
| Bachelor | 11,736,252 | 63% n=11,635,358 | 36% n=11,351,762 | 19% n=11,351,762 |
| Master's | 78,064 | 92% n=11,747 | n=0 | n=0 |
| Doctoral | 68,439 | 98% n=14,633 | n=0 | n=0 |
| Total | 17,295,708 | 47% n=16,924,725 | 27% n=16,572,868 | 15% n=16,572,868 |
Student Outcomes
| Level | Students | Grad Earnings >HS / ≤HS | Social ROI Pos / Neg | Pell ROI Pos / Neg |
|---|---|---|---|---|
| Certificate | 1,836,878 | 77% n=1,776,536 | 15% n=1,711,950 | 25% n=1,711,950 |
| Associate | 3,576,075 | 91% n=3,528,840 | 12% n=3,509,156 | 27% n=3,509,156 |
| Bachelor | 11,736,252 | 98% n=11,658,202 | 67% n=11,351,762 | 88% n=11,351,762 |
| Master's | 78,064 | 65% n=33,773 | n=0 | n=0 |
| Doctoral | 68,439 | 82% n=49,556 | n=0 | n=0 |
| Total | 17,295,708 | 94% n=17,046,907 | 50% n=16,572,868 | 68% n=16,572,868 |
Visualization Key
The Donut Chart shows the visual breakdown of positive vs negative results.
Green = Positive %
Red = Negative %