Best Area Studies Degrees in the US by ROI

Top colleges ranked by estimated 20-year net return on investment across all active states. Data from the U.S. Department of Education College Scorecard.

Programs Analyzed

68

Colleges with salary data

Average 20-Yr Net ROI

-$230,733

Across all programs

Average Annual Cost

$50,090

Cost of attendance

# College State 20-Yr Net ROI Median Salary Annual Cost Avg Debt
1 The University of Alabama

Grad rate: 73.2%

AL +$430,624 $69,936 $32,024 N/A Full ROI →
2 Dartmouth College

Grad rate: 95.4%

NH +$421,410 $80,946 $83,802 $16,520 Full ROI →
3 Iowa State University

Grad rate: 75.0%

IA +$218,884 $57,606 $23,309 N/A Full ROI →
4 University of California-Berkeley

Grad rate: 93.5%

CA +$158,935 $59,499 $42,708 $14,972 Full ROI →
5 State University of New York at New Paltz

Grad rate: 71.0%

NY +$36,384 $49,226 $27,034 N/A Full ROI →
6 Florida State University

Grad rate: 83.9%

FL -$36,412 $44,916 $23,683 N/A Full ROI →
7 University of Maryland-College Park

Grad rate: 88.9%

MD -$42,229 $47,005 $28,073 $22,250 Full ROI →
8 Ramapo College of New Jersey

Grad rate: 70.7%

NJ -$45,744 $45,748 $30,176 N/A Full ROI →
9 University of Virginia-Main Campus

Grad rate: 95.3%

VA -$51,658 $48,596 $38,132 $23,000 Full ROI →
10 William & Mary

Grad rate: 91.0%

VA -$62,699 $48,118 $41,118 $15,250 Full ROI →
11 University of Missouri-Columbia

Grad rate: 75.7%

MO -$74,689 $45,692 $28,948 $24,250 Full ROI →
12 Brigham Young University

Grad rate: 80.4%

UT -$83,914 $42,671 $20,879 $10,236 Full ROI →
13 University of California-Los Angeles

Grad rate: 92.6%

CA -$89,569 $46,048 $36,643 $17,746 Full ROI →
14 California State University-Long Beach

Grad rate: 71.3%

CA -$93,570 $42,443 $20,310 $15,697 Full ROI →
15 Amherst College

Grad rate: 92.7%

MA -$99,740 $53,743 $83,650 N/A Full ROI →
16 University of California-Davis

Grad rate: 85.7%

CA -$116,953 $44,722 $38,067 $14,167 Full ROI →
17 Rutgers University-New Brunswick

Grad rate: 84.7%

NJ -$121,111 $44,744 $35,232 $25,973 Full ROI →
18 Emory University

Grad rate: 90.9%

GA -$146,721 $51,743 $78,814 $19,500 Full ROI →
19 George Washington University

Grad rate: 85.0%

DC -$157,653 $51,984 $80,727 $25,500 Full ROI →
20 University of Illinois Urbana-Champaign

Grad rate: 84.8%

IL -$164,003 $41,715 $32,134 $22,050 Full ROI →
21 University of Southern California

Grad rate: 92.2%

CA -$173,792 $50,246 $84,678 N/A Full ROI →
22 Williams College

Grad rate: 95.8%

MA -$185,316 $48,967 $81,164 N/A Full ROI →
23 University of Washington-Bothell Campus

Grad rate: 68.5%

WA -$187,472 $38,526 $24,462 $14,922 Full ROI →
24 University of Washington-Tacoma Campus

Grad rate: 58.5%

WA -$187,736 $38,526 $24,528 $14,922 Full ROI →
25 University of Maryland-Baltimore County

Grad rate: 70.5%

MD -$192,275 $39,762 $27,935 $26,500 Full ROI →
26 University of Hartford

Grad rate: 57.6%

CT -$200,612 $44,424 $62,273 N/A Full ROI →
27 Temple University

Grad rate: 76.3%

PA -$203,323 $41,483 $39,799 $25,028 Full ROI →
28 California State University-Fullerton

Grad rate: 69.3%

CA -$205,073 $36,281 $16,767 $17,500 Full ROI →
29 University of Washington-Seattle Campus

Grad rate: 84.0%

WA -$210,752 $38,526 $30,282 $14,922 Full ROI →
30 Tufts University

Grad rate: 93.5%

MA -$229,040 $47,468 $84,600 N/A Full ROI →
31 University of North Carolina at Chapel Hill

Grad rate: 91.7%

NC -$229,234 $36,452 $25,181 $13,000 Full ROI →
32 University of Hawaii at Manoa

Grad rate: 62.5%

HI -$229,498 $36,979 $23,832 $25,000 Full ROI →
33 Columbia University in the City of New York

Grad rate: 95.1%

NY -$232,364 $49,108 $86,042 $22,486 Full ROI →
34 University of Michigan-Ann Arbor

Grad rate: 93.2%

MI -$236,548 $37,988 $33,345 $16,984 Full ROI →
35 Miami University-Oxford

Grad rate: 81.3%

OH -$241,777 $38,742 $37,218 $20,552 Full ROI →
36 University of Illinois Chicago

Grad rate: 60.9%

IL -$244,072 $35,196 $26,998 N/A Full ROI →
37 Wellesley College

Grad rate: 90.7%

MA -$244,198 $47,043 $83,050 $9,525 Full ROI →
38 Yale University

Grad rate: 97.0%

CT -$248,180 $46,615 $85,120 N/A Full ROI →
39 Millersville University of Pennsylvania

Grad rate: 55.7%

PA -$250,369 $36,585 $27,086 $24,982 Full ROI →
40 Azusa Pacific University

Grad rate: 62.8%

CA -$251,660 $40,364 $54,735 N/A Full ROI →
41 Mary Baldwin University

Grad rate: 48.5%

VA -$253,780 $38,198 $44,435 N/A Full ROI →
42 University of Arizona

Grad rate: 66.9%

AZ -$259,487 $36,388 $28,543 $24,500 Full ROI →
43 University of Oregon

Grad rate: 72.5%

OR -$259,562 $36,916 $32,636 $20,251 Full ROI →
44 California State University-Chico

Grad rate: 63.9%

CA -$282,646 $34,091 $25,590 $16,375 Full ROI →
45 The University of Texas at Austin

Grad rate: 87.7%

TX -$305,678 $34,184 $29,842 $22,215 Full ROI →
46 Colby College

Grad rate: 89.2%

ME -$308,540 $42,883 $81,550 N/A Full ROI →
47 Fordham University

Grad rate: 81.8%

NY -$310,797 $43,745 $77,351 $26,884 Full ROI →
48 University of Richmond

Grad rate: 87.9%

VA -$318,522 $42,865 $77,290 $19,750 Full ROI →
49 Brandeis University

Grad rate: 86.7%

MA -$322,772 $44,041 $82,123 $26,000 Full ROI →
50 Furman University

Grad rate: 83.5%

SC -$323,340 $40,585 $73,760 N/A Full ROI →

How ROI is calculated

20-Year Net ROI = Gross Earnings (salary × 20) − Total Degree Cost − Debt Payoff (×1.35) − Baseline Opportunity Cost ($42,000 × 20). Data from the U.S. College Scorecard.

Find Best Area Studies Degrees by State

Browse Area Studies programs ranked by 20-year ROI in every state that offers this degree.