Florida Agricultural and Mechanical University ROI Analysis
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$23,140
In-state tuition x 4
Earnings Premium
$1,153/yr
above high school diploma avg
Break-Even Point
20.1 years
After graduation
20-Year ROI
-0%
Return on investment
ROI Analysis
The cost of in-state tuition at Florida Agricultural and Mechanical University is $5,785. One year after graduation, alumni earn a median of $34,146. Five years after graduation, the median earnings are $36,153, and ten years after graduation, the median earnings are $44,349. The median debt for graduates is $23,548, and 50.9% of students receive financial aid.
The debt-to-income ratio, calculated by dividing the median debt by the first-year earnings, is approximately 0.69. This indicates that the median debt is about 69% of the first-year earnings.
To calculate the approximate break-even point, we can divide the median debt by the difference between the first-year earnings and the tuition cost. This calculation suggests a break-even timeline of approximately one year.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$5,785
Median Debt at Graduation
$23,548
Median Earnings (5yr)
$36,153
Graduation Rate
56%
Receive Financial Aid
51%
Avg Aid Amount
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Health Services/Allied Health/Health Sciences, General | $36,452 | 25% |
| Business Administration, Management and Operations | $72,823 | 3169% |
| Law | $60,633 | 2115% |
| Multi-/Interdisciplinary Studies, General | $34,744 | N/A |
| Criminal Justice and Corrections | $38,281 | 184% |
| Psychology, General | $34,504 | N/A |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing | $69,195 | 2855% |
| Social Work | $39,540 | 292% |
| Biology, General | $42,723 | 568% |
| Computer and Information Sciences, General | $59,031 | 1977% |
| Health and Medical Administrative Services | $37,325 | 101% |
| Architecture | $62,308 | 2260% |
Peer Comparison
-0%
20yr ROI
-45%
20yr ROI
-26%
20yr ROI
-42%
20yr ROI
-79%
20yr ROI
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.