College return on investment
Do college costs have a convincing ROI (return on investment)?
Crunch these numbers:
99%
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Percentage of Northwestern students who receive financial aid. |
$21,500
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Average amount of financial aid (scholarships, grants, loans and campus employment) awarded to a Northwestern freshman. Yes, the loans must be repaid, but Northwestern students who finance college with loans graduate with the same debt (approximately $28,000) as graduates from Iowa's public universities*. [*from Peterson's Project on Student Debt] |
$26,000
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Difference between your average yearly income as a college graduate ($57,181*) and the average yearly income of someone who starts working after high school ($31,386*). Over a 40-year career, that's more than $1 million in lost income if you don't invest in a college education. [*from U.S. Census Bureau data] |
90%
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The percentage of Northwestern graduates who finish college in 4 years or less. Among 2010 graduates, 10% finished their coursework in 3 or 3.5 years and were already employed. (In comparison, an average of 53%* of students at Iowa’s public universities graduate in 4 years or less. The rest take 5 or 6 years to complete their education, losing about $30,000 of income potential per extra year in addition to tuition costs.) [*from Integrated Postsecondary Education Data System information] |
Priceless
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You’ll get great career preparation at Northwestern. But life is more than making a living. You’ll learn to integrate your faith with your job as an economist, nurse or teacher. Of course, you want to be a smart, Christ-like spouse, parent and church or community leader too. And you can’t put a price on an education that will prepare you for that. |
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 In addition to our top-10 U.S. News & World Report ranking, we’ve received national recognition for excellent academics, student volunteerism, affordability, conservation and other achievements. Learn more
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