Erskine College
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$146,840
In-state tuition x 4
Earnings Premium
$4,618/yr
vs high school diploma avg
Break-Even Point
31.8 years
After graduation
20-Year ROI
-37%
Return on investment
ROI Analysis
Erskine College's in-state tuition is $36,710. One year after graduation, alumni earn a median of $33,130. Five years after graduation, earnings increase to $39,618, and after ten years, earnings reach $53,459. The median debt for graduates is $27,000, and 71.6% of students receive financial aid.
Based on the provided data, the earnings one year after graduation are less than the annual tuition cost. The earnings five years after graduation are slightly higher than the annual tuition cost. The earnings ten years after graduation are significantly higher than the annual tuition cost.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$36,710
Median Debt at Graduation
$27,000
Median Earnings (5yr)
$39,618
Graduation Rate
47%
Receive Financial Aid
72%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Business Administration, Management and Operations. | $146,840 | $44,789 | 33% |
| Theological and Ministerial Studies. | $146,840 | $0 | N/A |
| Biology, General. | $146,840 | $55,100 | 174% |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | $146,840 | $0 | N/A |
| Theological and Ministerial Studies. | $146,840 | $0 | N/A |
| Psychology, General. | $146,840 | $0 | N/A |
| Chemistry. | $146,840 | $0 | N/A |
| History. | $146,840 | $0 | N/A |
| Teacher Education and Professional Development, Specific Subject Areas. | $146,840 | $0 | N/A |
| Health and Physical Education/Fitness. | $146,840 | $38,446 | -53% |
| Teacher Education and Professional Development, Specific Levels and Methods. | $146,840 | $0 | N/A |
| Special Education and Teaching. | $146,840 | $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.