Bachelor's Degree in Teacher Education and Professional Development, Specific Levels and Methods. — ROI at Bloomfield College of Montclair State University
NJ · Based on U.S. Department of Education College Scorecard data
Financial Breakdown for Teacher Education and Professional Development, Specific Levels and Methods. at Bloomfield College of Montclair State University
Net Annual Cost
$44,298
After grants & scholarships
Median Earnings
$54,078
Median salary after graduation
Net Debt
N/A
After personal savings applied
20-Year Net ROI Projection
Gross Earnings (20 years)
$54,078 × 20 years
+$1,081,560
Total 4-Year Cost
$44,298 × 4 years
−$177,192
Estimated Debt Payoff ⓘ Includes estimated interest over a standard 10-year repayment plan.
N/A principal × 1.35 (interest)
−N/A
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
+$64,368
Graduation Rate
32.9%
of students complete their degree
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How we calculate ROI
20-Year Net ROI = Gross Earnings − Total 4-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.