Bachelor's Degree in English Language and Literature, General. — ROI at SUNY Old Westbury

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

Financial Breakdown for English Language and Literature, General. at SUNY Old Westbury

Net Annual Cost

$19,934

After grants & scholarships


$0

Median Earnings

$46,223

Median salary after graduation

Net Debt

$16,912

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$46,223 × 20 years

+$924,460

Total 4-Year Cost

$19,934 × 4 years

−$79,736

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

$16,912 principal × 1.35 (interest)

−$22,831

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

-$18,107

Graduation Rate

47.4%

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.