Certificate in Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR). — ROI at Interactive College of Technology-Chamblee

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

Financial Breakdown for Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician (HAC, HACR, HVAC, HVACR). at Interactive College of Technology-Chamblee

Net Annual Cost

$20,095

After grants & scholarships


$0

Median Earnings

$38,082

Median salary after graduation

Net Debt

$11,106

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$38,082 × 20 years

+$761,640

Total 1-Year Cost

$20,095 × 1 years

−$20,095

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

$11,106 principal × 1.35 (interest)

−$14,993

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

-$113,448

Graduation Rate

41.4%

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.