Earnings at Graduation: Estimated median earnings of program graduates who received federal financial aid, during the first two years after completing their degrees.
Earnings at Age 45: Estimated median earnings of program graduates who received federal financial aid, at the age of 45.
ROI (Before Completion Adjustment): The amount that a student can expect to see his or her earnings increase thanks to the graduate degree, subtracting the direct and indirect costs of graduate school, and assuming a 100% chance of degree completion
ROI (After Completion Adjustment): The amount that a student can expect to see his or her earnings increase thanks to the graduate degree, subtracting the direct and indirect costs of graduate school and accounting for the risk that the student will drop out before finishing the program.
ROI (Adjusting for Completion and Underlying Spending): The amount that a student can expect to see his or her earnings increase thanks to the graduate degree, subtracting the full underlying cost of graduate school before subsidies, and accounting for the risk that the student will drop out before finishing the program.
