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University of Evansville — ROI, Cost & Payback

Private nonprofit · Evansville, IN · 1,539 students

The verdict

University of Evansville charges a net price of $18,499/yr after aid — a 4-year total of $73,996. Graduates earn a median $53,770 ten years after entry, $5,410/yr above the $48,360 high-school baseline, clearing the total in 13.7 years — a 20-year net return of $34,204, a slow but positive payback. (Scorecard, 2026 · our math.)

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University of Evansville's 13.7-year payback ranks #922 of 1,280 US colleges we track — better ROI than 28% of them, and #20 of 56 in Indiana.

Better ROI than 28% of US colleges#922 of 1,280
Weakest ROIStrongest ROI
$18,499
Net price / yr
Scorecard, 2026
$53,770
Median earnings, 10 yrs
Scorecard, 2026
13.7 yrs
Payback
Our math, 2026
78%
Admission rate
Scorecard, 2026
University of Evansville: cost, earnings and payback
MeasureValueSource
Net price (after aid)$18,499/yrScorecard, 2026
Total net cost (4 yrs)$73,996our math
Median earnings, 10 yrs after entry$53,770Scorecard, 2026
Earnings premium over HS baseline$5,410/yrour math
Median debt (completers)$24,606Scorecard, 2026
Payback13.7 yrsour math
20-year net return$34,204our 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 Evansville: frequently asked questions

Is University of Evansville worth the cost?
On the numbers, yes. University of Evansville charges $18,499/yr after aid ($73,996 over 4 years), and graduates earn a median $53,770 ten years out — $5,410/yr above the $48,360 high-school baseline. That clears the cost in 13.7 years and returns $34,204 net over 20 years, a slow but positive payback.
How long does a University of Evansville degree take to pay off?
About 13.7 years. We divide the $73,996 four-year net cost by the $5,410/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 Evansville cost after financial aid?
The median net price is $18,499/yr — about $73,996 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 Evansville compare to other Indiana colleges?
It ranks #20 of 56 Indiana colleges we track by payback. Its $53,770 median earnings beat the national median of $43,552, and its $18,499 net price is above the national median of $16,906.