Personal payoff calculator

Make the ROI yours.

Start with federal outcomes, then replace every assumption with your actual price, borrowing and earnings alternative.

Your scenario

Annual net price before grants$22,000Annual grants and scholarships$6,000Years to finish4 yrExpected federal debt$30,000Loan interest rate6.5 %Loan term10 yrEarnings without this degree$45,000Expected earnings with degree$80,000Projection period10 yr

Positive payoff

+$106,000 over 10 years

Cumulative earnings premium after direct cost and earnings forgone while studying.

7.0 yrsBreak-even

+43%10-year ROI

$341Monthly payment

5.1%Payment pressure

$35,000annual premium×10 yearshorizon−$244,000price + forgone earnings=+$106,000net payoff

Illustrative scenario only. It includes direct price and earnings forgone during study; it excludes taxes, wage growth, inflation, living costs, investment returns, forgiveness, completion risk and nonfinancial benefits.