Montclair State University
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$59,064
In-state tuition x 4
Earnings Premium
$12,944/yr
vs high school diploma avg
Break-Even Point
4.6 years
After graduation
20-Year ROI
338%
Return on investment
ROI Analysis
The average in-state tuition at Montclair State University is $14,766. One year after graduation, alumni earn a median of $37,430. Five years after graduation, the median earnings increase to $47,944, and ten years after graduation, the median earnings are $61,415. The median debt for students is $22,000, and 40.3% of students receive financial aid.
The debt-to-income ratio, comparing the median debt to the one-year earnings, is approximately 0.59. This is calculated by dividing the median debt of $22,000 by the one-year earnings of $37,430.
Based on the provided data, the break-even point, or the time it takes for the additional earnings to cover the tuition cost, is less than one year. This is calculated by dividing the tuition cost of $14,766 by the one-year earnings of $37,430.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$14,766
Median Debt at Graduation
$22,000
Median Earnings (5yr)
$47,944
Graduation Rate
65%
Receive Financial Aid
40%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Business Administration, Management and Operations. | $59,064 | $60,126 | 751% |
| Psychology, General. | $59,064 | $46,064 | 275% |
| Human Development, Family Studies, and Related Services. | $59,064 | $0 | N/A |
| Business Administration, Management and Operations. | $59,064 | $113,633 | 2563% |
| Education, General. | $59,064 | $59,970 | 746% |
| Educational Administration and Supervision. | $59,064 | $79,327 | 1401% |
| Multi/Interdisciplinary Studies, Other. | $59,064 | $55,472 | 593% |
| Biology, General. | $59,064 | $42,414 | 151% |
| Communication and Media Studies. | $59,064 | $57,399 | 658% |
| Design and Applied Arts. | $59,064 | $41,684 | 126% |
| English Language and Literature, General. | $59,064 | $42,783 | 164% |
| Computer and Information Sciences, General. | $59,064 | $77,141 | 1327% |
Peer Comparison
338%
20yr ROI
682%
20yr ROI
1012%
20yr ROI
339%
20yr ROI
637%
20yr ROI
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.