Associate Degree in Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR). — ROI at University of Northwestern Ohio

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

Financial Breakdown for Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR). at University of Northwestern Ohio

Net Annual Cost

$24,568

After grants & scholarships


$0

Median Earnings

$42,177

Median salary after graduation

Net Debt

$13,084

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$42,177 × 20 years

+$843,540

Total 2-Year Cost

$24,568 × 2 years

−$49,136

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

$13,084 principal × 1.35 (interest)

−$17,663

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

-$63,259

Graduation Rate

56.6%

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.