Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

Governors State University — ROI, Cost & Payback

Public · University Park, IL · 2,556 students

The verdict

Governors State University charges a net price of $12,329/yr after aid — a 4-year total of $49,316. Graduates earn a median $58,169 ten years after entry, $9,809/yr above the $48,360 high-school baseline, clearing the total in 5 years — a 20-year net return of $146,864, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

Share

Governors State University's 5-year payback ranks #429 of 1,280 US colleges we track — better ROI than 67% of them, and #13 of 116 in Illinois.

Better ROI than 67% of US colleges#429 of 1,280
Weakest ROIStrongest ROI
$12,329
Net price / yr
Scorecard, 2026
$58,169
Median earnings, 10 yrs
Scorecard, 2026
5 yrs
Payback
Our math, 2026
48%
Admission rate
Scorecard, 2026
Governors State University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$12,329/yrScorecard, 2026
Total net cost (4 yrs)$49,316our math
Median earnings, 10 yrs after entry$58,169Scorecard, 2026
Earnings premium over HS baseline$9,809/yrour math
Median debt (completers)$18,618Scorecard, 2026
Payback5 yrsour math
20-year net return$146,864our 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.

Governors State University: frequently asked questions

Is Governors State University worth the cost?
On the numbers, yes. Governors State University charges $12,329/yr after aid ($49,316 over 4 years), and graduates earn a median $58,169 ten years out — $9,809/yr above the $48,360 high-school baseline. That clears the cost in 5 years and returns $146,864 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a Governors State University degree take to pay off?
About 5 years. We divide the $49,316 four-year net cost by the $9,809/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Governors State University cost after financial aid?
The median net price is $12,329/yr — about $49,316 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Governors State University compare to other Illinois colleges?
It ranks #13 of 116 Illinois colleges we track by payback. Its $58,169 median earnings beat the national median of $43,552, and its $12,329 net price is below the national median of $16,906.