Post-baccalaureate Certificate in Multi/Interdisciplinary Studies, Other. — ROI at University of Illinois Springfield

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

Financial Breakdown for Multi/Interdisciplinary Studies, Other. at University of Illinois Springfield

Net Annual Cost

$23,643

After grants & scholarships


$0

Median Earnings

$58,189

Median salary after graduation

Net Debt

$18,837

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$58,189 × 20 years

+$1,163,780

Total 1-Year Cost

$23,643 × 1 years

−$23,643

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

$18,837 principal × 1.35 (interest)

−$25,429

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

+$274,707

Graduation Rate

57.2%

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.