Spring Arbor University
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$130,320
In-state tuition x 4
Earnings Premium
$10,592/yr
vs high school diploma avg
Break-Even Point
12.3 years
After graduation
20-Year ROI
63%
Return on investment
ROI Analysis
Spring Arbor University's in-state tuition is $32,580. One year after graduation, alumni earn $41,735. Five years after graduation, earnings increase to $45,592, and after ten years, earnings reach $51,732. The median debt for Spring Arbor University graduates is $26,375. Over half of students, 51.3%, receive financial aid.
The debt-to-income ratio can be calculated using the median debt and the one-year earnings. The ratio is approximately 0.63, meaning the median debt is 63% of the average graduate's first-year earnings.
To calculate the break-even timeline, we can divide the median debt by the difference between the one-year earnings and the tuition cost. The break-even point is approximately 4.2 years.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$32,580
Median Debt at Graduation
$26,375
Median Earnings (5yr)
$45,592
Graduation Rate
60%
Receive Financial Aid
51%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $130,320 | $0 | N/A |
| Social Work. | $130,320 | $0 | N/A |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $130,320 | $74,629 | 508% |
| Social Work. | $130,320 | $44,456 | 45% |
| Business Administration, Management and Operations. | $130,320 | $53,887 | 190% |
| Business Administration, Management and Operations. | $130,320 | $0 | N/A |
| Clinical, Counseling and Applied Psychology. | $130,320 | $0 | N/A |
| Teacher Education and Professional Development, Specific Subject Areas. | $130,320 | $40,802 | -11% |
| Special Education and Teaching. | $130,320 | $0 | N/A |
| Psychology, General. | $130,320 | $36,705 | -74% |
| Human Development, Family Studies, and Related Services. | $130,320 | $0 | N/A |
| Teacher Education and Professional Development, Specific Levels and Methods. | $130,320 | $0 | N/A |
Peer Comparison
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.