At $25,525/yr net price, Corban University graduates earn $48,917/yr within 10 years of enrollment, which is $14,917/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $25,525 |
| Estimated 4-Year Cost | $102,100 |
| Median Earnings (10yr post-entry) | $48,917/yr |
| Earnings Premium vs. HS Diploma | +$14,917/yr |
| Estimated Break-Even | 6.8 years |
| Graduation Rate (6-year) | 61.0% |
| Median Debt at Graduation | $22,625 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $18,196/yr |
| $30,001 - $48,000 | $19,113/yr |
| $48,001 - $75,000 | $21,052/yr |
| $75,001 - $110,000 | $24,879/yr |
| $110,001+ | $32,241/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $71,015 | |
| Psychology, General. | Master | $45,696 | |
| Business Administration, Management and Operations. | Bachelor | $40,140 | $20,500 |
| Education, General. | Bachelor | $39,009 | $26,528 |
| Social Sciences, General. | Bachelor | $29,685 | |
| Psychology, General. | Bachelor | $27,947 | $21,604 |
| Theological and Ministerial Studies. | Bachelor | $25,774 | |
| English Language and Literature, General. | Bachelor | $21,964 | $27,000 |
The Risk Factor
61.0% of students at Corban University graduate within 6 years. A significant share of students finish, but roughly 39% do not complete their degree.
Analysis
Corban University delivers mixed financial returns that depend heavily on your major choice. Business administration graduates earn $71,000 annually, making the $25,525 yearly cost worthwhile, while social sciences majors face a challenging outlook at just $29,685 in median earnings.
The 61% graduation rate creates significant risk - nearly 4 in 10 students leave without a degree but may still carry debt. Education majors particularly struggle with high debt loads of $26,528 against modest $39,009 earnings. Psychology graduates fare better with lower debt but still earn below the university median.
Your financial aid prospects look limited with only 28% of students receiving aid, well below national averages. This means you'll likely pay close to full price unless you qualify for merit scholarships or have strong need. The $22,625 median debt load stays manageable for business majors but becomes burdensome for lower-earning programs.
Corban works financially if you plan to study business and can afford the tuition without excessive borrowing. The Salem job market supports business graduates reasonably well. However, you should look elsewhere if you're interested in social sciences, education, or psychology, where the earnings don't justify the cost. Students requiring substantial financial aid will find better value at public universities or private schools with stronger aid programs.
Consider Corban only if the Christian mission aligns with your values and you can pursue a high-earning major like business administration. The modest debt levels won't sink you financially, but the limited aid and weak outcomes in several programs make this a risky choice for most students.
Frequently Asked Questions
Is Corban University worth the cost?
Corban University graduates earn $48,917 ten years after graduation, which is below average for the $25,525 annual cost. The return on investment is questionable unless you pursue business programs, which show significantly higher earnings potential.
What are the best paying majors at Corban University?
Business Administration and Management graduates from Corban University earn around $71,015, making it the only program that clearly justifies the cost. Psychology and education majors earn $39,000-$46,000, which creates a tougher financial equation given the tuition.
How much student debt do Corban University graduates have?
Corban University graduates leave with a median debt of $22,625. While this debt level is manageable, it becomes problematic for graduates in lower-paying fields like education and social sciences who earn under $40,000.
What is the graduation rate at Corban University?
Corban University has a 61% graduation rate, meaning about 4 in 10 students don't finish their degree. This adds risk to your investment, especially given the school's high costs relative to graduate earnings.