University of North Carolina School of the Arts
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$37,908
In-state tuition x 4
Earnings Premium
$-10,463/yr
vs high school diploma avg
Break-Even Point
N/A years
After graduation
20-Year ROI
-652%
Return on investment
ROI Analysis
One year after graduation, University of North Carolina School of the Arts alumni earn a median of $20,265. Five years after graduation, earnings increase to $24,537, and after ten years, earnings reach $38,357. The median debt for graduates is $23,870. The in-state tuition cost is $9,477.
Based on the provided data, the debt-to-income ratio for graduates one year after graduation is approximately 1.18. This is calculated by dividing the median debt by the one-year earnings.
The break-even point, or the time it takes for earnings to surpass the initial tuition cost, is less than one year. This is determined by comparing the in-state tuition of $9,477 to the one-year earnings of $20,265.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$9,477
Median Debt at Graduation
$23,870
Median Earnings (5yr)
$24,537
Graduation Rate
81%
Receive Financial Aid
47%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Drama/Theatre Arts and Stagecraft. | $37,908 | $28,178 | N/A |
| Film/Video and Photographic Arts. | $37,908 | $37,583 | 36% |
| Dance. | $37,908 | $21,890 | N/A |
| Music. | $37,908 | $28,011 | N/A |
| Music. | $37,908 | $31,848 | N/A |
| Film/Video and Photographic Arts. | $37,908 | $0 | N/A |
| Drama/Theatre Arts and Stagecraft. | $37,908 | $48,172 | 595% |
| Music. | $37,908 | $0 | N/A |
| Drama/Theatre Arts and Stagecraft. | $37,908 | $0 | N/A |
| Visual and Performing Arts, General. | $37,908 | $0 | N/A |
Peer Comparison
0%
20yr ROI
0%
20yr ROI
0%
20yr ROI
0%
20yr ROI
0%
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.