Chicago State University
Return on Investment for a Degree
When Will You See a Return on Your Investment at Chicago State University
?
Review and compare your expected return on investment on your degree from Chicago State University
, below.
Importance of Return on Investment
Understanding your expected return on investment on your degree from Chicago State University
can help you decide if attending Chicago State University
is a smart financial decision.
Break Even In 3.7
Years
at Chicago State 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 Chicago State University
.
Average yearly cost
$24,000
Average years to graduate
5.0
Average starting salary
$32,000
The average cost for a degree at Chicago State University
comes out to about
$120,000
.
If you make about $32,000
a year, it will take you
3.7
years following graduation to break even.
Additional Considerations
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?
Chicago State University
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Salary data is estimated by College Factual using data provided by the College Scorecard.
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