Certificate in Environmental Control Technologies/Technicians. — ROI at South Florida Institute of Technology

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

Financial Breakdown for Environmental Control Technologies/Technicians. at South Florida Institute of Technology

Net Annual Cost

$36,314

After grants & scholarships


$0

Median Earnings

$31,592

Median salary after graduation

Net Debt

$8,508

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$31,592 × 20 years

+$631,840

Total 1-Year Cost

$36,314 × 1 years

−$36,314

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

$8,508 principal × 1.35 (interest)

−$11,485

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

-$255,959

Graduation Rate

77.9%

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.