We believe in transparency. Our models are built on standard financial principles used by investors to value assets. In this case, the asset is you.
The "sticker price" of a degree is misleading. The true cost includes what you pay and what you lose by not working.
Why Living Expenses? If you are studying full-time, you still need to eat and pay rent. If these costs exceed what you would pay if you were working (or if they are funded by debt), they are part of your investment capital.
A degree doesn't guarantee a job. To be realistic, we treat your expected future salary as a "weighted probability." Basically, we don't count chickens before they hatch.
Example: If you expect a $10,000/mo salary but the field has a 40% unemployment rate for grads, we model the value as $6,000/mo to keep you safe.
This is the most critical metric. It tells you exactly when you stop losing money and start making a profit on your education.
*We assume your "Previous Monthly Income" is zero for students, but career switchers should mentally factor in their opportunity cost.
Not Financial Advice: "CareerWorth" is a simulation tool. Actual career outcomes depend on networking, skill acquisition, macroeconomics, and personal drive. Always consult professional advisors.