The College of New Jersey ROI Analysis
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
Quick answer
USACollegeData.com ROI analysis (College Scorecard data): four years at The College of New Jersey costs about $74,740 in in-state tuition, and graduates earn a median of $62,649 five years after graduation — the investment breaks even in roughly 2.7 years (20-year ROI: 640%).
ROI Summary
Total 4-Year Cost
$74,740
In-state tuition x 4
Earnings Premium
$27,649/yr
above high school diploma avg
Break-Even Point
2.7 years
After graduation
20-Year ROI
640%
Return on investment
ROI Analysis
The College of New Jersey has a strong return on investment. One year after graduation, alumni earn $53,609, which increases to $62,649 after five years and $73,323 after ten years. With an in-state tuition of $18,685, students experience a positive return on their educational investment.
The median debt for graduates is $23,250. With an average starting salary of $53,609, the debt-to-income ratio is favorable.
Given the tuition cost and earnings data, the break-even point, or the time it takes for earnings to surpass the cost of tuition, is less than one year.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$18,685
Median Debt at Graduation
$23,250
Median Earnings (5yr)
$62,649
Graduation Rate
86%
Receive Financial Aid
47%
Avg Aid Amount
N/A
Program-Level ROI
Peer Comparison
640%
20yr ROI
1617%
20yr ROI
1240%
20yr ROI
458%
20yr ROI
1007%
20yr ROI
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.