Associate Degree in Teacher Education and Professional Development, Specific Levels and Methods. — ROI at Georgia Military College

GA  ·  Based on U.S. Department of Education College Scorecard data

Financial Breakdown for Teacher Education and Professional Development, Specific Levels and Methods. at Georgia Military College

Net Annual Cost

$18,298

After grants & scholarships


$0

Median Earnings

$20,247

Median salary after graduation

Net Debt

$11,116

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$20,247 × 20 years

+$404,940

Total 2-Year Cost

$18,298 × 2 years

−$36,596

Estimated Debt Payoff Includes estimated interest over a standard 10-year repayment plan.

$11,116 principal × 1.35 (interest)

−$15,006

Baseline Opportunity Cost The estimated earnings you would make with a high school diploma over 20 years ($42,000/yr), which you forfeit while studying.

$42,000 median no-degree salary × 20 years

−$840,000

20-Year Net ROI

-$486,662

Graduation Rate

35.2%

of students complete their degree

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How we calculate ROI

20-Year Net ROI = Gross Earnings − Total 2-Year Cost − Estimated Debt Payoff − Baseline Opportunity Cost

Baseline assumes $42,000/yr median earnings without a college degree. Debt payoff uses a 1.35× multiplier to account for interest over a standard repayment period.

Data sourced from the U.S. College Scorecard.