College ROI for Students in Boone County, KY

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

Public In-State/yr

$29,343

Public Out-of-State/yr

$51,562

Private/yr

$73,640

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$117,372
Annual Earnings Premium$59,603
Payback Period2 years

20-Year Net Return$1,074,688

4-Year Private University

Total Cost (4 yrs)$294,560
Annual Earnings Premium$68,543
Payback Period4.3 years

20-Year Net Return$1,076,309

About Boone County, Kentucky

Boone County in Kentucky has a median household income of $91,697 and a population of 136,150. 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 Kentucky

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.