When considering which college to attend and what to major in, it’s important to determine if the degree is a good financial fit. The Graduate Earnings and Cost Calculator tool can help inform these decisions by answering three key questions:
• Are expected earnings post-graduation enough to cover both the cost of living and the cost of a standard student loan? (Tab 1)
• Which majors lead to higher earnings and how fast do earnings grow in the first six years post-graduation? (Tab 2)
• How do earnings vary by type of school within the same major? (Tab 3)
Interactive filters allow users to slice the data by six Minnesota regions, 567 majors, six types of schools, and age group.
For guidance on using and interpreting the tool, see this article by Alessia Leibert or contact the author.