Monterey Peninsula College — ROI, Cost & Payback
Monterey Peninsula College charges a net price of $11,373/yr after aid — a 2-year total of $22,746. Median earnings ten years after entry are $42,176, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)
On institution-wide earnings, Monterey Peninsula College does not clear its cost — it ranks #168 of 334 California colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $11,373/yr | Scorecard, 2026 |
| Total net cost (2 yrs) | $22,746 | our math |
| Median earnings, 10 yrs after entry | $42,176 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$6,184/yr | our math |
| Median debt (completers) | — | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$146,426 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Monterey Peninsula College's own numbers. Net price $11,373 × 2 years = $22,746 total. Median earnings $42,176 fall $6,184 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $22,746 bill in about 2.3 years — the gap, not the price, is what blocks payback. Full method.
What share of Monterey Peninsula College students graduate?
40% finish their degree — 60% leave carrying the cost without the credential. Spread the $22,746 bill across that completion rate and the cohort pays $56,865 per graduate produced — our math, and the figure a payback number never shows.
Is Monterey Peninsula College expensive compared with other California colleges?
Its $11,373 net price runs $8,532 below the $19,905 median across the 334 California colleges we profile, and $17,064 less across the full degree.