Central Michigan University Return on Investment for a Degree
When Will You See a Return on Your Investment at Central Michigan
Review and compare your expected return on investment on your degree from Central Michigan University
Why is a Return on Investment Important?
Understanding your expected return on investment on your degree from Central Michigan can help you decide if attending Central Michigan University is a smart financial decision.
Break Even In 3.4 Years at Central Michigan University
College is expensive and every year spent getting your degree is a year of lost wages and additional expenses. To determine when you will make up for the costs of college (your Return on Investment), we will look at the estimated cost of a degree and the average starting salary of graduates from Central Michigan University
Average yearly cost
Average years to graduate
Average starting salary
The average cost for a degree at Central Michigan University comes out to about
. If you make about $38,000 a year, it will take you
3.4 years following graduation to break even.
Be Wary of Excess Debt: According to the U.S. Department of Education. In 2012, the nationwide average salary for young adults with a bachelor's degree was about $47,000, while only $30,000 for those with a high school diploma.
The "break even" calculation above does not include interest on student loans. How will your debt level affect your ROI?