Behind the Numbers

Important: This calculator is intended to spark conversation and increase understanding about the potential value of the EdReady platform for helping a college or university to achieve its educational and financial goals. The numbers provided, whether by default or via user interaction, are for illustrative purposes only.

This calculator uses the following formulas to estimate the possible institutional impact of improved student retention:

Students retained with EdReady = [Improved retention rate] - [Current retention rate] * [Number of incoming freshmen]

Institutional cost for EdReady = $30 * ½ * [Number of incoming freshmen]

‍Increased revenue = ([Average annual tuition] * [Students retained with EdReady]) - [EdReady cost]