How We Calculate Value Scores

Every college gets a score from 0–100 based on a transparent formula. No subjective reputation points. No surveys. Just outcomes data.

Our Philosophy

Most college rankings reward prestige — endowment size, selectivity, peer reputation. Those metrics tell you which schools are hardest to get into, not which schools are worth the money.

We flip the question: For every dollar you spend, how much do you get back? A school that costs $15k/year and produces $70k earners is objectively a better financial decision than one that costs $55k/year and produces $80k earners — even if the second school is more “prestigious.”

Scoring Factors

Median Earnings (10 years post-enrollment)

35%

The single most important outcome. How much do graduates actually earn? We use the Department of Education's 10-year post-entry earnings data, which captures mid-career salary rather than just starting salary.

Source: College Scorecard (MD_EARN_WNE_P10)

Net Price (True Cost After Aid)

25%

What students actually pay after grants and scholarships — not the sticker price. A $60k/year school where the average student pays $20k after aid is different from one where they pay $45k.

Source: College Scorecard (NPT4_PUB / NPT4_PRIV)

Graduation Rate

20%

A school you don't finish has zero ROI and leaves you with debt. Schools with high graduation rates demonstrate they support students through to completion.

Source: College Scorecard (C150_4_POOLED)

Payback Period

15%

How many years of post-graduation earnings does it take to recoup the total cost of attendance? Calculated as (net price × 4) ÷ (median earnings − median high school earnings).

Source: Calculated from Scorecard data

Debt-to-Earnings Ratio

5%

A penalty factor. Schools where graduates carry high debt relative to their earnings get docked. If your debt exceeds your first-year earnings, that's a red flag.

Source: College Scorecard (DEBT_MDN / MD_EARN_WNE_P10)

Score Interpretation

70–100
Excellent Value
Strong earnings relative to cost. Graduates recoup investment quickly.
40–69
Moderate Value
Decent return, but alternatives may offer better ROI for similar programs.
0–39
Poor Value
High cost relative to outcomes. Carefully consider cheaper alternatives.

Data Source

All data comes from the U.S. Department of Education College Scorecard, a public dataset covering 6,000+ institutions. We use the most recent available data release.

The College Scorecard tracks real outcomes — what students pay, what they earn, whether they graduate, and how much debt they carry. It's the most comprehensive source of college ROI data available to the public.

Limitations

  • • Earnings data reflects all graduates, not specific majors. A business major and an art major at the same school will have different outcomes.
  • • Value scores don't account for non-financial benefits (campus experience, network, personal growth).
  • • Some schools have small sample sizes, making their data less reliable.
  • • Earnings data has a 10-year lag — today's job market may differ.
  • • Financial aid varies per student. The “net price” is an average, not your price.