Wayne State College
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$31,880
In-state tuition x 4
Earnings Premium
$5,857/yr
vs high school diploma avg
Break-Even Point
5.4 years
After graduation
20-Year ROI
267%
Return on investment
ROI Analysis
Wayne State College's in-state tuition is $7,970. The median debt for students is $19,000. One year after graduation, students earn a median of $42,184. Five years after graduation, the median earnings are $40,857, and ten years after graduation, the median earnings are $47,075.
Based on the provided data, the debt-to-income ratio for Wayne State College graduates is favorable. The median debt of $19,000 is significantly less than the one-year median earnings of $42,184.
The break-even timeline, or the time it takes for a graduate's increased earnings to offset their tuition cost, is very short. Given the first-year earnings of $42,184, the $7,970 tuition is paid off in less than a year.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$7,970
Median Debt at Graduation
$19,000
Median Earnings (5yr)
$40,857
Graduation Rate
54%
Receive Financial Aid
38%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Business Administration, Management and Operations. | $31,880 | $48,169 | 726% |
| Curriculum and Instruction. | $31,880 | $54,064 | 1096% |
| Teacher Education and Professional Development, Specific Levels and Methods. | $31,880 | $43,371 | 425% |
| Teacher Education and Professional Development, Specific Subject Areas. | $31,880 | $46,318 | 610% |
| Criminal Justice and Corrections. | $31,880 | $43,228 | 416% |
| Business Administration, Management and Operations. | $31,880 | $0 | N/A |
| Clinical, Counseling and Applied Psychology. | $31,880 | $0 | N/A |
| Biology, General. | $31,880 | $0 | N/A |
| Health and Physical Education/Fitness. | $31,880 | $42,218 | 353% |
| Special Education and Teaching. | $31,880 | $0 | N/A |
| Educational Administration and Supervision. | $31,880 | $59,521 | 1438% |
| Educational Administration and Supervision. | $31,880 | $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.