Degree cost scenario

When could your degree pay for itself?

Work from the increase in your own income, the complete degree cost and the time before that increase. No placement salary is assumed.

Illustrative starting values. Replace them with your own quote and assumptions; calculations run in your browser.

Know the trade-offs

A salary assumption is not a promise.

The model compares the income increase you enter with the complete cost and estimated loan interest. Try unchanged income, modest improvement and your own optimistic case.

A fixed-rate amortizing loan is assumed. Processing fees, taxes, salary growth, inflation, lost earnings and salary deductions are excluded. Enter additional education costs in the complete cost. This is a scenario, not a university or lender offer.

Read the formulas and limitations · Compare loan payments