Break Even In 2.7 Years At Alabama State University
College is expensive and every year spent getting your degree is a year of lost wages and additional expenses. In order to determine when you will make up for the expenses of college (your Return on Investment) we will look at the estimated cost for a degree and the average starting salary of graduates from Alabama State University.
|Average yearly cost||$18,000|
|Average years to graduate||4.9|
|Average starting salary||$32,000|
Additional Questions to Ask
- Given that the numbers here are just estimates, can you get preecise earnings figures from the college for students studying your specific major?
- The return on investment numbers calculated here assume you will be one of the graduates of Alabama State University that gets a job. Can the school provide numbers that show the likelihood of full-time employment after graduation for your specific major?
- What other "intangibles" of a Alabama State University education should you factor in beyond the raw financial return on investment?
- The "break even" calculation on the top of the page does not include interest on student loans. How will your debt level affect your ROI?