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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 | 2,404 | 35% n=2,212 | 31% n=2,069 | 30% n=2,071 |
| Associate | 942 | 72% n=887 | 64% n=859 | 57% n=859 |
| Bachelor | 1,897 | 71% n=1,792 | 42% n=1,679 | 21% n=1,679 |
| Master's | 185 | 88% n=77 | n=0 | n=0 |
| Doctoral | 52 | 98% n=46 | n=0 | n=0 |
| Total | 5,480 | 56% n=5,014 | 41% n=4,607 | 32% n=4,609 |
Student Outcomes
| Level | Institutions | Grad Earnings >HS / ≤HS | Social ROI Pos / Neg | Pell ROI Pos / Neg |
|---|---|---|---|---|
| Certificate | 2,404 | 47% n=1,917 | 33% n=2,071 | 28% n=2,071 |
| Associate | 942 | 83% n=891 | 65% n=859 | 50% n=859 |
| Bachelor | 1,897 | 92% n=1,776 | 43% n=1,679 | 10% n=1,679 |
| Master's | 185 | 100% n=11 | n=0 | n=0 |
| Doctoral | 52 | 100% n=4 | n=0 | n=0 |
| Total | 5,480 | 72% n=4,599 | 42% n=4,609 | 26% n=4,609 |
Student Statistics
Financial ROI
| Level | Students | NPV (Zero Cost) Pos / Neg | NPV (Med Cost) Pos / Neg | NPV (Full Cost) Pos / Neg |
|---|---|---|---|---|
| Certificate | 2,223,433 | 81% n=2,191,343 | 79% n=2,142,934 | 78% n=2,144,440 |
| Associate | 3,535,245 | 87% n=3,486,061 | 83% n=3,478,329 | 73% n=3,478,329 |
| Bachelor | 11,797,049 | 91% n=11,748,327 | 70% n=11,485,069 | 43% n=11,485,069 |
| Master's | 70,478 | 96% n=53,875 | n=0 | n=0 |
| Doctoral | 63,655 | 100% n=61,867 | n=0 | n=0 |
| Total | 17,689,860 | 89% n=17,541,473 | 74% n=17,106,332 | 54% n=17,107,838 |
Student Outcomes
| Level | Students | Grad Earnings >HS / ≤HS | Social ROI Pos / Neg | Pell ROI Pos / Neg |
|---|---|---|---|---|
| Certificate | 2,223,433 | 80% n=2,166,423 | 80% n=2,144,440 | 75% n=2,144,440 |
| Associate | 3,535,245 | 91% n=3,506,986 | 84% n=3,478,329 | 64% n=3,478,329 |
| Bachelor | 11,797,049 | 98% n=11,734,396 | 74% n=11,485,069 | 21% n=11,485,069 |
| Master's | 70,478 | 100% n=6,403 | n=0 | n=0 |
| Doctoral | 63,655 | 100% n=2,619 | n=0 | n=0 |
| Total | 17,689,860 | 94% n=17,416,827 | 77% n=17,107,838 | 36% n=17,107,838 |
Visualization Key
The Donut Chart shows the visual breakdown of positive vs negative results.
Green = Positive %
Red = Negative %