Master's Degree in Teacher Education and Professional Development, Specific Subject Areas. — ROI at State University of New York at New Paltz

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

Financial Breakdown for Teacher Education and Professional Development, Specific Subject Areas. at State University of New York at New Paltz

Net Annual Cost

$27,034

After grants & scholarships


$0

Median Earnings

$59,895

Median salary after graduation

Net Debt

N/A

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$59,895 × 20 years

+$1,197,900

Total 2-Year Cost

$27,034 × 2 years

−$54,068

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

N/A principal × 1.35 (interest)

−N/A

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

+$303,832

Graduation Rate

71.0%

of students complete their degree

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How we calculate ROI

20-Year Net ROI = Gross Earnings − Total 2-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.