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University of Chicago — ROI, Cost & Payback

Private nonprofit · Chicago, IL · 7,569 students

The verdict

University of Chicago charges a net price of $14,860/yr after aid — a 4-year total of $59,440. Graduates earn a median $91,885 ten years after entry, $43,525/yr above the $48,360 high-school baseline, clearing the total in 1.4 years — a 20-year net return of $811,060, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

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University of Chicago's 1.4-year payback ranks #26 of 1,280 US colleges we track — better ROI than 98% of them, and #1 of 116 in Illinois.

Better ROI than 98% of US colleges#26 of 1,280
Weakest ROIStrongest ROI
$14,860
Net price / yr
Scorecard, 2026
$91,885
Median earnings, 10 yrs
Scorecard, 2026
1.4 yrs
Payback
Our math, 2026
4%
Admission rate
Scorecard, 2026
University of Chicago: cost, earnings and payback
MeasureValueSource
Net price (after aid)$14,860/yrScorecard, 2026
Total net cost (4 yrs)$59,440our math
Median earnings, 10 yrs after entry$91,885Scorecard, 2026
Earnings premium over HS baseline$43,525/yrour math
Median debt (completers)$15,000Scorecard, 2026
Payback1.4 yrsour math
20-year net return$811,060our 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.

University of Chicago: frequently asked questions

Is University of Chicago worth the cost?
On the numbers, yes. University of Chicago charges $14,860/yr after aid ($59,440 over 4 years), and graduates earn a median $91,885 ten years out — $43,525/yr above the $48,360 high-school baseline. That clears the cost in 1.4 years and returns $811,060 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a University of Chicago degree take to pay off?
About 1.4 years. We divide the $59,440 four-year net cost by the $43,525/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 University of Chicago cost after financial aid?
The median net price is $14,860/yr — about $59,440 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does University of Chicago compare to other Illinois colleges?
It ranks #1 of 116 Illinois colleges we track by payback. Its $91,885 median earnings beat the national median of $43,552, and its $14,860 net price is below the national median of $16,906.