The 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
$74,740
In-state tuition x 4
Earnings Premium
$27,649/yr
vs 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 a median of $53,609, which increases to $62,649 after five years and $73,323 after ten years. With an in-state tuition cost of $18,685, the earnings potential suggests a positive financial outcome for graduates.
The median debt for graduates is $23,250. With a one-year post-graduation salary of $53,609, the debt-to-income ratio is approximately 0.43. This indicates that the debt burden is manageable relative to the earning potential.
Given the tuition cost and earnings data, the break-even point, or the time it takes to earn the tuition cost, is less than one year. The high earnings potential combined with the relatively low tuition cost suggests a favorable financial outcome for graduates.
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
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Business Administration, Management and Operations. | $74,740 | $81,674 | 1149% |
| Teacher Education and Professional Development, Specific Levels and Methods. | $74,740 | $54,977 | 435% |
| Biology, General. | $74,740 | $57,757 | 509% |
| Psychology, General. | $74,740 | $57,068 | 491% |
| Educational Administration and Supervision. | $74,740 | $66,351 | 739% |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $74,740 | $84,646 | 1228% |
| Fine and Studio Arts. | $74,740 | $48,408 | 259% |
| Communication and Media Studies. | $74,740 | $57,444 | 501% |
| Teacher Education and Professional Development, Specific Subject Areas. | $74,740 | $58,612 | 532% |
| Special Education and Teaching. | $74,740 | $61,673 | 614% |
| Special Education and Teaching. | $74,740 | $0 | N/A |
| English Language and Literature, General. | $74,740 | $50,697 | 320% |
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)
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.