Tuvelan

College ROI for Students in Erie County, NY

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

Public In-State/yr

$21,764

Public Out-of-State/yr

$38,245

Private/yr

$54,620

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$87,056
Annual Earnings Premium$44,209
Payback Period2 years
20-Year Net Return$797,124

4-Year Private University

Total Cost (4 yrs)$218,480
Annual Earnings Premium$50,840
Payback Period4.3 years
20-Year Net Return$798,327

About Erie County, New York

Erie County in New York has a median household income of $68,014 and a population of 951,232. 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 New York

Kings CountyQueens CountyNew York CountySuffolk CountyBronx CountyNassau CountyWestchester CountyMonroe County

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.