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What Is The Return on Investment For Your College Degree?

Return on Investment is the amount of money gained compared to the amount of money invested. In the context of the ROI of a college degree, it refers to the amount of money earned after doing a college degree compared to the amount of money you spent on your college degree.

We discuss how to calculate the ROI of a college degree and the factors affecting the college degree’s ROI in this article.

How to Calculate the ROI of a College Degree?

To calculate the ROI of a college degree, choose a specific period (e.g., 10 years) over which earnings will be received. Subtract the total expenditure on a college degree from the total amount of money earned in the 10 years.

For example, you get a job offering 70,000 USD, and a college degree in computer science costs you 80,000 USD over 4 years.

Total income over 10 years = 70,000 X 10 = 700,000 USD

Net income = Total income – College Degree Cost = 700,000 – 80,000 USD = 620,000 USD

ROI = ((Net income)/(College Degree Cost)) X 100%

After solving the above equation, we get a 775% ROI of your college degree.

Writing a college essay involves several key steps. Start by understanding the essay prompt and brainstorming ideas. Create an outline to organize your thoughts and structure the essay logically. Craft a compelling introduction that grabs the reader’s attention, followed by body paragraphs that support your main points with evidence and examples. Ensure each paragraph flows coherently and relates back to the thesis statement. Conclude by summarizing your main arguments and reinforcing the essay’s significance. Finally, revise and edit for clarity, coherence, and grammar before submitting.

What Are The Factors Affecting the ROI Of A College Degree?

There are 3 main factors affecting the ROI of a college degree, including earning potential, job opportunities, and industry. 

These 3 main factors and other potential factors are described below.

  • Cost of Education: It includes college tuition fees, books and other essential resources, accommodation, traveling, and food.
  • Expected Earnings: It depends upon the type of degree, industry you will work in, and geographic location. For instance, salaries in tier 1 countries are the highest.
  • Duration of Study: The longer a degree is, the higher it will cost. If you spend more time on acquiring a college degree, then you will miss out on the potential earnings.
  • Field of Study: It affects the earning potential as different industries have different salaries for their employees.
  • Economic Conditions: The economic conditions of your country affect the ROI of a college degree. If the country you work in is going through a recession, then you will receive lower salaries, resulting in low earning potential.

What Are Some Examples Of The ROI Of Different College Degrees?

Some examples of the ROI of different college degrees are given below, and the statistics are presented according to

College Degree Lifetime (40 years) Median ROI For All Degree Levels:

Education Level20-Year ROILifetime ROI
Associate’s Degree363.5%1,200.8%
Bachelor’s Degree38.1%287.7%
Master’s Degree90.1%433.5%
Doctoral Degree84.0%416.3%
Professional Degree60.4%350.1%

Bachelor’s Degree ROI by Majors:

Major40 year ROI
Agriculture Degree777.02%
Art Degree867.81%
Biology Degree961.48%
Business Degree1,454.39%
Engineering Degree468.88%

How To Get More ROI Without Acquiring A College Degree?

You can get better ROI if you invest the money into a business, such as a restaurant. According to CSIMarket data, the average yearly ROI of the restaurant industry was 10.73%. 

If you open a restaurant with a 10.73% yearly ROI, you will get a 429% return over 40 years. However, a good restaurant is considered to have a yearly ROI of 15%, and successful restaurants have a 20-25% yearly ROI.

A college writing center is a valuable resource that provides students with guidance and support for their writing assignments. It typically offers services such as one-on-one consultations with writing tutors who help students at various stages of the writing process, from brainstorming ideas to polishing final drafts. Writing centers also assist with improving writing skills, refining grammar and style, structuring essays, and citing sources correctly. They are designed to support students in enhancing their writing abilities and producing high-quality academic work.

Are There Any Successful People Without College Degrees?

Yes, there are many successful people without college degrees, such as Bill Gates, Steve Jobs, Richard Branson, Michael Dell, and Mark Zuckerberg.

Proofreading writing assignments involves carefully reviewing your work for errors in spelling, grammar, punctuation, and syntax. It also includes checking for clarity, coherence, and consistency in ideas and arguments. Take time away from the document before proofreading to approach it with fresh eyes. Read the text aloud or use proofreading tools to catch mistakes. Focus on one type of error at a time to ensure thoroughness. Lastly, consider seeking feedback from peers or professors for an additional perspective on your work.

Final Words

The ROI of a college degree is crucial for knowing whether acquiring a degree is worthwhile. To calculate the ROI of a college degree, divide the net earnings over a specific period by the total cost of the college degree and multiply it by 100. The overall ROI can be affected by various factors, such as time taken to acquire a college degree, total cost, and earning potential.


  • How to Measure ROI of a College Education. (2023, September 1). Western Governors University.
  • Woodward, E. (2023, April 13). What is the ROI of your college degree? Bankrate.
  • Hanson, M. (2021, December 9). Is College Worth it? | Return on Investment Analysis of College Degree. Education Data Initiative.
Emily Watson
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