Hanover 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
$171,576
In-state tuition x 4
Earnings Premium
$7,876/yr
above high school diploma avg
Break-Even Point
21.8 years
After graduation
20-Year ROI
-8%
Return on investment
ROI Analysis
The average in-state tuition at Hanover College is $42,894. One year after graduation, alumni earn an average of $36,061. Five years after graduation, alumni earn $42,876, and ten years after graduation, alumni earn $53,957. The median debt for students is $25,250, and 53.5% of students receive financial aid.
The data does not provide enough information to calculate a debt-to-income ratio. However, the one-year earnings are less than the tuition cost. The five-year earnings are approximately equal to the tuition cost.
The data does not provide enough information to calculate a break-even timeline.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$42,894
Median Debt at Graduation
$25,250
Median Earnings (5yr)
$42,876
Graduation Rate
66%
Receive Financial Aid
54%
Avg Aid Amount
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Health and Physical Education/Fitness | $46,500 | 34% |
| Communication and Media Studies | $46,181 | 30% |
| Biology, General | $0 | N/A |
| Psychology, General | $41,774 | -21% |
| Economics | $65,657 | 257% |
| Teacher Education and Professional Development, Specific Levels and Methods | $0 | N/A |
| Sociology | $46,992 | 40% |
| Political Science and Government | $0 | N/A |
| English Language and Literature, General | $0 | N/A |
| History | $38,830 | -55% |
| Biochemistry, Biophysics and Molecular Biology | $0 | N/A |
| Engineering, General | $0 | N/A |
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.