Master's Degree in Teacher Education and Professional Development, Specific Levels and Methods. — ROI at William Paterson University of New Jersey

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

Financial Breakdown for Teacher Education and Professional Development, Specific Levels and Methods. at William Paterson University of New Jersey

Net Annual Cost

$26,555

After grants & scholarships


$0

Median Earnings

$61,464

Median salary after graduation

Net Debt

N/A

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$61,464 × 20 years

+$1,229,280

Total 2-Year Cost

$26,555 × 2 years

−$53,110

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

+$336,170

Graduation Rate

51.9%

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.