Bachelor's Degree in Information Science/Studies. — ROI at Florida Institute of Technology
FL · Based on U.S. Department of Education College Scorecard data
Financial Breakdown for Information Science/Studies. at Florida Institute of Technology
Net Annual Cost
$60,387
After grants & scholarships
Median Earnings
$85,054
Median salary after graduation
Net Debt
$54,375
After personal savings applied
20-Year Net ROI Projection
Gross Earnings (20 years)
$85,054 × 20 years
+$1,701,080
Total 4-Year Cost
$60,387 × 4 years
−$241,548
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
+$546,125
Graduation Rate
66.3%
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.