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Return on Investment Analysis

Carolina College of Biblical Studies ROI Analysis

Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.

ROI Summary

Total 4-Year Cost

$25,104

In-state tuition x 4

Earnings Premium

$-844/yr

below high school diploma avg

Break-Even Point

N/A years

After graduation

20-Year ROI

-167%

Return on investment

ROI Analysis

The one-year return on investment for Carolina College of Biblical Studies is $29,907, calculated by subtracting the tuition cost of $6,276 from the one-year earnings of $36,283. The five-year return on investment is $134,000, and the ten-year return on investment is $183,034. The median debt of $25,750 is 71% of the one-year earnings.

The debt-to-income ratio is 0.71, calculated by dividing the median debt of $25,750 by the one-year earnings of $36,283. The break-even timeline is approximately 0.7 years, calculated by dividing the median debt of $25,750 by the one-year earnings of $36,283.

The college has a student body of 122 students. Twenty-five point nine percent of students receive financial aid. The retention rate is 0%.

Generated from College Scorecard & IPEDS data

The Numbers

Annual Tuition (In-State)

$6,276

Median Debt at Graduation

$25,750

Median Earnings (5yr)

$34,156

Graduation Rate

N/A

Receive Financial Aid

26%

Avg Aid Amount

N/A

Program-Level ROI

Program 4yr Cost Median Earnings (5yr) Est. 20yr ROI
Bible/Biblical Studies $25,104 $0 N/A
Religious Education $25,104 $0 N/A
Theological and Ministerial Studies $25,104 $0 N/A

Peer Comparison

Financial Aid Impact

Before Aid

4-Year Tuition$25,104
Median Debt$25,750

After Aid (Estimated)

Estimated Total Aid$0
Net 4-Year Cost$25,104

Frequently Asked Questions

Based on government data, Carolina College of Biblical Studies has an estimated 20-year ROI of -167%. The total 4-year cost is $25,104 and graduates earn a median of $34,156 within 5 years.

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.

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