Carthage College ROI Analysis
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$146,000
In-state tuition x 4
Earnings Premium
$11,116/yr
above high school diploma avg
Break-Even Point
13.1 years
After graduation
20-Year ROI
52%
Return on investment
ROI Analysis
Carthage College's in-state tuition is $36,500. One year after graduation, the median earnings are $42,860. Five years after graduation, earnings increase to $46,116, and after ten years, earnings reach $56,950. The median debt for Carthage College graduates is $26,000.
The school's acceptance rate is 84.2%, and the graduation rate is 62.6%. The retention rate is 81.6%. A significant 83.3% of students receive financial aid.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$36,500
Median Debt at Graduation
$26,000
Median Earnings (5yr)
$46,116
Graduation Rate
63%
Receive Financial Aid
83%
Avg Aid Amount
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Business Administration, Management and Operations | $65,523 | 318% |
| Marketing | $58,387 | 220% |
| Finance and Financial Management Services | $71,551 | 401% |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing | $0 | N/A |
| Biology, General | $54,782 | 171% |
| Teacher Education and Professional Development, Specific Levels and Methods | $42,777 | 7% |
| Health and Physical Education/Fitness | $46,158 | 53% |
| Psychology, General | $49,688 | 101% |
| Accounting and Related Services | $70,257 | 383% |
| Neurobiology and Neurosciences | $49,748 | 102% |
| Criminal Justice and Corrections | $44,463 | 30% |
| Communication and Media Studies | $44,520 | 30% |
Peer Comparison
Financial Aid Impact
Before Aid
After Aid (Estimated)
Frequently Asked Questions
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.