At $28,853/yr net price, Assumption University graduates earn $74,895/yr within 10 years of enrollment, which is $40,895/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $28,853 |
| Estimated 4-Year Cost | $115,412 |
| Median Earnings (10yr post-entry) | $74,895/yr |
| Earnings Premium vs. HS Diploma | +$40,895/yr |
| Estimated Break-Even | 2.8 years |
| Graduation Rate (6-year) | 74.6% |
| Median Debt at Graduation | $27,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $18,025/yr |
| $30,001 - $48,000 | $17,319/yr |
| $48,001 - $75,000 | $25,004/yr |
| $75,001 - $110,000 | $28,551/yr |
| $110,001+ | $32,130/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $64,572 | $26,594 |
| Special Education and Teaching. | Master | $50,677 | |
| Accounting and Related Services. | Bachelor | $50,606 | $26,898 |
| Marketing. | Bachelor | $50,231 | $27,000 |
| Rehabilitation and Therapeutic Professions. | Master | $50,105 | $41,000 |
| Business Administration, Management and Operations. | Bachelor | $48,725 | $27,000 |
| Public Relations, Advertising, and Applied Communication. | Bachelor | $47,846 | $27,000 |
| Economics. | Bachelor | $47,260 | $27,000 |
| Student Counseling and Personnel Services. | Master | $46,999 | $41,000 |
| Mathematics. | Bachelor | $46,087 | $27,000 |
The Risk Factor
74.6% of students at Assumption University graduate within 6 years. A significant share of students finish, but roughly 25% do not complete their degree.
Analysis
Assumption University delivers solid financial returns despite its high sticker price, with graduates earning a median $74,895 ten years out. The $28,853 net price puts significant pressure on families, but manageable debt levels around $27,000 keep the investment reasonable for most programs.
Business Administration leads earnings at $64,572, making it your best bet for maximizing return on investment. However, even Assumption's top-paying major falls short of the national average for business graduates. Education and accounting majors should expect starting salaries in the low $50,000s, which creates a challenging payback period given the school's costs. Rehabilitation programs carry particularly high risk with $41,000 in debt for $50,105 earnings.
The biggest financial risk here is location. Worcester's job market limits opportunities compared to Boston, potentially forcing graduates to relocate for better-paying positions. Your 74.6% graduation rate means one in four students leaves without a degree, making this school unsuitable if you're uncertain about finishing.
You'll find Assumption financially viable if your family can handle the $29,000 annual cost without excessive borrowing. The school works best for motivated students who will complete their degree and can leverage the alumni network in Massachusetts. However, only 19.4% of students receive need-based aid, suggesting limited financial support for middle-income families.
Consider alternatives if you need substantial financial aid or plan to major in lower-earning fields like education. State schools or colleges with stronger merit aid programs will likely deliver better value for these career paths.
Frequently Asked Questions
Is Assumption University worth the cost?
Assumption University graduates earn $74,895 after 10 years, which is decent but not exceptional given the $28,853 annual net price. The 74.6% graduation rate and $27,000 median debt are reasonable, making it a middle-tier value proposition.
What are the best paying majors at Assumption University?
Business Administration leads at $64,572 annually, while education and therapeutic programs average around $50,000. These earnings are modest compared to the cost, so students should consider career growth potential beyond starting salaries.
How much student debt do Assumption University graduates have?
The median debt is $27,000, which is manageable compared to many private schools. With graduates earning nearly $75,000 after 10 years, most can handle this debt load if they complete their degree.
Should I choose Assumption University over a state school?
Assumption costs significantly more than most state schools while producing similar graduate earnings. Unless you receive substantial financial aid or need the smaller class sizes, a state university likely offers better financial value.