College ROI for Students in Essex County, MA

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

Public In-State/yr

$30,201

Public Out-of-State/yr

$53,069

Private/yr

$75,793

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$120,804
Annual Earnings Premium$61,346
Payback Period2 years

20-Year Net Return$1,106,116

4-Year Private University

Total Cost (4 yrs)$303,172
Annual Earnings Premium$70,548
Payback Period4.3 years

20-Year Net Return$1,107,786

About Essex County, Massachusetts

Essex County in Massachusetts has a median household income of $94,378 and a population of 806,103. 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 Massachusetts

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.