Ramapo College of New Jersey
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$63,912
In-state tuition x 4
Earnings Premium
$18,872/yr
vs high school diploma avg
Break-Even Point
3.4 years
After graduation
20-Year ROI
491%
Return on investment
ROI Analysis
Ramapo College of New Jersey has an in-state tuition of $15,978. One year after graduation, alumni earn a median of $45,619. Five years after graduation, earnings increase to $53,872, and after ten years, earnings reach $67,541. The median debt for students is $21,000, and 39.1% of students receive financial aid.
The debt-to-income ratio, based on the median debt and one-year earnings, is approximately 0.46. This is calculated by dividing the median debt of $21,000 by the one-year earnings of $45,619.
Based on the provided data, the break-even point, or the time it takes for the additional earnings from a degree to offset the cost of tuition, is less than one year. This is calculated by dividing the tuition cost of $15,978 by the one-year earnings of $45,619.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$15,978
Median Debt at Graduation
$21,000
Median Earnings (5yr)
$53,872
Graduation Rate
71%
Receive Financial Aid
39%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Business Administration, Management and Operations. | $63,912 | $61,409 | 726% |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $63,912 | $90,432 | 1635% |
| Communication and Media Studies. | $63,912 | $51,394 | 413% |
| Psychology, General. | $63,912 | $47,631 | 295% |
| Accounting and Related Services. | $63,912 | $78,346 | 1256% |
| Biology, General. | $63,912 | $58,880 | 647% |
| Social Sciences, General. | $63,912 | $0 | N/A |
| Social Work. | $63,912 | $0 | N/A |
| Educational Administration and Supervision. | $63,912 | $86,576 | 1514% |
| Social Work. | $63,912 | $52,763 | 456% |
| Education, Other. | $63,912 | $77,095 | 1217% |
| Computer and Information Sciences, General. | $63,912 | $0 | N/A |
Peer Comparison
491%
20yr ROI
799%
20yr ROI
1004%
20yr ROI
769%
20yr ROI
388%
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.