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College ROI for Students in Western Connecticut Planning Region, CT

Is college worth it in Western Connecticut Planning Region? Here's the financial analysis.

Public In-State/yr

$38,058

Public Out-of-State/yr

$66,875

Private/yr

$95,510

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$152,232
Annual Earnings Premium$77,305
Payback Period2 years
20-Year Net Return$1,393,868

4-Year Private University

Total Cost (4 yrs)$382,040
Annual Earnings Premium$88,901
Payback Period4.3 years
20-Year Net Return$1,395,975

About Western Connecticut Planning Region, Connecticut

Western Connecticut Planning Region in Connecticut has a median household income of $118,930 and a population of 620,666. The college earnings premium in this region makes a public university degree pay back in approximately 2 years.

These estimates use regional cost and earnings data. Actual ROI varies enormously by major, institution, completion rate, and career path. Our Monte Carlo simulation models degree-specific outcomes, student loan scenarios, and alternative investment paths.

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Other Counties in Connecticut

Capitol Planning RegionSouth Central Connecticut Planning RegionNaugatuck Valley Planning RegionGreater Bridgeport Planning RegionSoutheastern Connecticut Planning RegionLower Connecticut River Valley Planning RegionNorthwest Hills Planning RegionNortheastern Connecticut Planning Region

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: NCES IPEDS, College Scorecard, Bureau of Labor Statistics. Estimates based on regional data. This is not financial advice.