College ROI for Students in Lafayette Parish, LA

Is college worth it in Lafayette Parish? Here's the financial analysis.

Public In-State/yr

$21,317

Public Out-of-State/yr

$37,459

Private/yr

$53,499

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$85,268
Annual Earnings Premium$43,301
Payback Period2 years

20-Year Net Return$780,752

4-Year Private University

Total Cost (4 yrs)$213,996
Annual Earnings Premium$49,796
Payback Period4.3 years

20-Year Net Return$781,927

About Lafayette Parish, Louisiana

Lafayette Parish in Louisiana has a median household income of $66,617 and a population of 243,175. 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 Louisiana

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.