Mount Mercy University — ROI, Cost & Payback
Mount Mercy University charges a net price of $20,168/yr after aid — a 4-year total of $80,672. Graduates earn a median $60,787 ten years after entry, $12,427/yr above the $48,360 high-school baseline, clearing the total in 6.5 years — a 20-year net return of $167,868, a solid payback. (Scorecard, 2026 · our math.)
Mount Mercy University's 6.5-year payback ranks #576 of 1,280 US colleges we track — better ROI than 55% of them, and #5 of 47 in Iowa.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $20,168/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $80,672 | our math |
| Median earnings, 10 yrs after entry | $60,787 | Scorecard, 2026 |
| Earnings premium over HS baseline | $12,427/yr | our math |
| Median debt (completers) | $23,699 | Scorecard, 2026 |
| Payback | 6.5 yrs | our math |
| 20-year net return | $167,868 | our 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.