Use this quick calculator to estimate the return on investment (ROI) for private coaching, college, or other educational expenditures.

Invest in College for a Million Dollar Return

For reference purposes, the average high school graduate made $39k/year vs. the average college graduate, who earned $70k/year in 2019, according to a recent report from the U.S. Bureau of Labor Statistics (BLS).

That means that, on average, there is a salary difference of $31,000 per year between those who attend college and those who do not. Multiply that over a 40-year career, and you come up with a difference of 1.2 million dollars. That's why we say investing in college can lead to a million-dollar return.

Virtually Unlimited Investment Potential

Many people stop investing in themselves after college, which can be a massive mistake. The top 1% of earners in high-end metropolitan areas earn more than a million dollars a year, according to a report from CNBC, so there is no shortage of room to grow. Most high-end earners continue investing in themselves and their businesses with private coaches, advisors, and mentors.

Multi-Billionaire Investor Warren Buffett said, “Ultimately, there’s one investment that supersedes all others: Invest in yourself. Nobody can take away what you’ve got in yourself, and everybody has potential they haven’t used yet.”

Use this calculator to see if Buffett's advice holds true for your situation!

Calculator provided courtesy of The Personal Growth Channel, LLC.