Degree Dividend
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Earlham College — ROI, Cost & Payback

Private nonprofit · Richmond, IN · 670 students

The verdict

Earlham College charges a net price of $24,714/yr after aid — a 4-year total of $98,856. Graduates earn a median $50,797 ten years after entry, $2,437/yr above the $48,360 high-school baseline, clearing the total in 40.6 years — a 20-year net return of $-50,116, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

Share
$24,714
Net price / yr
Scorecard, 2026
$50,797
Median earnings, 10 yrs
Scorecard, 2026
40.6 yrs
Payback
Our math, 2026
73%
Admission rate
Scorecard, 2026
Earlham College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$24,714/yrScorecard, 2026
Total net cost (4 yrs)$98,856our math
Median earnings, 10 yrs after entry$50,797Scorecard, 2026
Earnings premium over HS baseline$2,437/yrour math
Median debt (completers)$23,488Scorecard, 2026
Payback40.6 yrsour math
20-year net return$-50,116our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.