Bachelor's Degree in Computer Engineering. — ROI at University of Michigan-Dearborn

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

Financial Breakdown for Computer Engineering. at University of Michigan-Dearborn

Net Annual Cost

$22,435

After grants & scholarships


$0

Median Earnings

$81,239

Median salary after graduation

Net Debt

$25,327

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$81,239 × 20 years

+$1,624,780

Total 4-Year Cost

$22,435 × 4 years

−$89,740

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

$25,327 principal × 1.35 (interest)

−$34,191

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

+$660,848

Graduation Rate

56.3%

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.