College ROI for Students in Boone County, IN

Is college worth it in Boone County? Here's the financial analysis.

Public In-State/yr

$32,972

Public Out-of-State/yr

$57,939

Private/yr

$82,747

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$131,888
Annual Earnings Premium$66,975
Payback Period2 years

20-Year Net Return$1,207,612

4-Year Private University

Total Cost (4 yrs)$330,988
Annual Earnings Premium$77,021
Payback Period4.3 years

20-Year Net Return$1,209,437

About Boone County, Indiana

Boone County in Indiana has a median household income of $103,038 and a population of 71,235. 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 Indiana

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.