Bachelor's Degree in Information Science/Studies. — ROI at Florida Institute of Technology-Online

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

Financial Breakdown for Information Science/Studies. at Florida Institute of Technology-Online

Net Annual Cost

$28,715

After grants & scholarships


$0

Median Earnings

$85,054

Median salary after graduation

Net Debt

$54,375

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$85,054 × 20 years

+$1,701,080

Total 4-Year Cost

$28,715 × 4 years

−$114,860

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

$54,375 principal × 1.35 (interest)

−$73,406

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

+$672,813

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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.