Private College Earnings Comparison
Earnings Comparison - Private College
The information provided below is an overview of projected earnings of a college graduate with a 4-year degree from a private college over a 30 year period of time. The analysis is based on the most current data aggregated from The College Board's Annual Survey of Colleges.
|
Cost of School |
||
|
(4.5 yrs @ $20,628.00 Avg.) |
$(92,826.00) |
|
|
Interest paid on loans |
||
|
Avg. Student Loan Debt ($21,100 X 6% X 10 yrs) |
$(12,660.00) |
|
|
Avg. Student Credit Card Debt ($2,200 X 12% X 4 yrs) |
$(1,056.00) |
|
|
Medical benefits |
||
|
Avg. $150 per month X 12 month X 4 years |
$(7,200.00) |
|
|
Gross Pay 1st 4 years less School Cost |
$(113,742.00) |
|
|
Year |
||
|
5 |
Salary |
$43,309.00 |
|
6 |
Salary |
$43,309.00 |
|
7 |
Salary |
$45,474.45 |
|
8 |
Salary |
$45,000.00 |
|
9 |
Salary |
$45,000.00 |
|
10 |
Salary |
$47,500.00 |
|
11 |
Salary |
$47,500.00 |
|
12 |
Salary |
$50,000.00 |
|
13 |
Salary |
$50,000.00 |
|
14 |
Salary |
$52,500.00 |
|
15 |
Salary |
$52,500.00 |
|
16 |
Salary |
$55,000.00 |
|
17 |
Salary |
$57,500.00 |
|
18 |
Salary |
$65,000.00 |
|
19 |
Salary |
$70,000.00 |
|
20 |
Salary |
$73,000.00 |
|
21 |
Salary |
$73,000.00 |
|
22 |
Salary |
$73,000.00 |
|
23 |
Salary |
$73,000.00 |
|
24 |
Salary |
$73,000.00 |
|
25 |
Salary |
$73,000.00 |
|
26 |
Salary |
$73,000.00 |
|
27 |
Salary |
$73,000.00 |
|
28 |
Salary |
$73,000.00 |
|
29 |
Salary |
$73,000.00 |
|
30 |
Salary |
$73,000.00 |
|
Over 30 year period |
$1,458,850.45 |
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