Public College Earnings Comparison
Earnings Comparison - Public College
The information provided below is an overview of projected earnings of a college graduate with a 4-year degree from a public 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 @ $5,018.00 Avg.) |
$(22,581.00) |
|
Interest paid on loans |
||
Avg. Student Loan Debt ($9,100 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 |
$(43,497.00) |
|
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 |
$1,529,095.45 |