Certificate in Environmental Control Technologies/Technicians. — ROI at Lincoln Technical Institute-Mahwah

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

Financial Breakdown for Environmental Control Technologies/Technicians. at Lincoln Technical Institute-Mahwah

Net Annual Cost

$33,230

After grants & scholarships


$0

Median Earnings

$40,783

Median salary after graduation

Net Debt

$14,553

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$40,783 × 20 years

+$815,660

Total 1-Year Cost

$33,230 × 1 years

−$33,230

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

$14,553 principal × 1.35 (interest)

−$19,646

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

-$77,216

Graduation Rate

70.6%

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.