Certificate in Veterinary/Animal Health Technologies/Technicians. — ROI at Great Lakes Institute of Technology

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

Financial Breakdown for Veterinary/Animal Health Technologies/Technicians. at Great Lakes Institute of Technology

Net Annual Cost

$23,555

After grants & scholarships


$0

Median Earnings

$20,414

Median salary after graduation

Net Debt

$10,208

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$20,414 × 20 years

+$408,280

Total 1-Year Cost

$23,555 × 1 years

−$23,555

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

$10,208 principal × 1.35 (interest)

−$13,780

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

-$469,055

Graduation Rate

54.3%

of students complete their degree

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How we calculate ROI

20-Year Net ROI = Gross Earnings − Total 1-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.