Bachelor's Degree in Statistics. — ROI at University of California-Davis

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

Financial Breakdown for Statistics. at University of California-Davis

Net Annual Cost

$38,067

After grants & scholarships


$0

Median Earnings

$65,326

Median salary after graduation

Net Debt

$15,000

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$65,326 × 20 years

+$1,306,520

Total 4-Year Cost

$38,067 × 4 years

−$152,268

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

$15,000 principal × 1.35 (interest)

−$20,250

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

+$294,002

Graduation Rate

85.7%

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.