College ROI for Students in Rapides Parish, LA

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

Public In-State/yr

$17,730

Public Out-of-State/yr

$31,156

Private/yr

$44,496

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$70,920
Annual Earnings Premium$36,015
Payback Period2 years

20-Year Net Return$649,380

4-Year Private University

Total Cost (4 yrs)$177,984
Annual Earnings Premium$41,417
Payback Period4.3 years

20-Year Net Return$650,361

About Rapides Parish, Louisiana

Rapides Parish in Louisiana has a median household income of $55,407 and a population of 129,536. 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.