Nichols 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
$161,500
In-state tuition x 4
Earnings Premium
$12,830/yr
above high school diploma avg
Break-Even Point
12.6 years
After graduation
20-Year ROI
59%
Return on investment
ROI Analysis
The one-year return on investment for Nichols College is positive. The average graduate earns $46,704 one year after graduation, exceeding the annual in-state tuition cost of $40,375. The five-year earnings are $47,830, and the ten-year earnings are $58,063. The median debt for graduates is $27,000.
The debt-to-income ratio is favorable. With a median debt of $27,000 and an average starting salary of $46,704, graduates likely have a manageable debt burden. The college has a graduation rate of 61% and a retention rate of 71.8%.
The break-even point, the time it takes for earnings to surpass the total cost of education, is relatively short. Given the starting salary and the median debt, graduates can likely pay off their debt within a few years of graduation.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$40,375
Median Debt at Graduation
$27,000
Median Earnings (5yr)
$47,830
Graduation Rate
61%
Receive Financial Aid
74%
Avg Aid Amount
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Business Administration, Management and Operations | $85,066 | 520% |
| Business/Commerce, General | $58,542 | 192% |
| Health and Physical Education/Fitness | $49,543 | 80% |
| Accounting and Related Services | $66,597 | 291% |
| Criminal Justice and Corrections | $52,867 | 121% |
| Finance and Financial Management Services | $65,388 | 276% |
| Marketing | $61,164 | 224% |
| Human Resources Management and Services | $0 | N/A |
| Hospitality Administration/Management | $0 | N/A |
| Homeland Security | $0 | N/A |
| Psychology, General | $39,145 | -49% |
| Business/Managerial Economics | $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.