Bob Jones University
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$93,600
In-state tuition x 4
Earnings Premium
$5,892/yr
vs high school diploma avg
Break-Even Point
15.9 years
After graduation
20-Year ROI
26%
Return on investment
ROI Analysis
Bob Jones University's in-state tuition costs $23,400 per year. One year after graduation, alumni earn a median of $34,704. Five years after graduation, earnings increase to $40,892, and after ten years, earnings reach $44,354. The median debt for graduates is $16,585, and 23.9% of students receive financial aid.
The debt-to-income ratio, calculated by dividing the median debt by the first-year earnings, is approximately 0.48. This suggests that the median debt is less than half of the first-year earnings.
To calculate the break-even point, we can divide the total tuition cost by the difference between the first-year earnings and the median debt. Assuming a four-year program, the total tuition cost is $93,600. The break-even point is approximately 10 years.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$23,400
Median Debt at Graduation
$16,585
Median Earnings (5yr)
$40,892
Graduation Rate
69%
Receive Financial Aid
24%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Business Administration, Management and Operations. | $93,600 | $47,815 | 174% |
| Accounting and Related Services. | $93,600 | $65,948 | 561% |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $93,600 | $62,743 | 493% |
| Teacher Education and Professional Development, Specific Subject Areas. | $93,600 | $0 | N/A |
| Teacher Education and Professional Development, Specific Levels and Methods. | $93,600 | $31,815 | N/A |
| Criminal Justice and Corrections. | $93,600 | $45,023 | 114% |
| Theological and Ministerial Studies. | $93,600 | $0 | N/A |
| Education, General. | $93,600 | $0 | N/A |
| Health and Physical Education/Fitness. | $93,600 | $0 | N/A |
| Engineering, General. | $93,600 | $0 | N/A |
| Health Services/Allied Health/Health Sciences, General. | $93,600 | $0 | N/A |
| Business Operations Support and Assistant Services. | $93,600 | $0 | N/A |
Peer Comparison
Financial Aid Impact
Before Aid
After Aid (Estimated)
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.