At $17,733/yr net price, Eastern Nazarene College graduates earn $54,727/yr within 10 years of enrollment, which is $20,727/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $17,733 |
| Estimated 4-Year Cost | $70,932 |
| Median Earnings (10yr post-entry) | $54,727/yr |
| Earnings Premium vs. HS Diploma | +$20,727/yr |
| Estimated Break-Even | 3.4 years |
| Graduation Rate (6-year) | 35.3% |
| Median Debt at Graduation | $26,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $13,669/yr |
| $30,001 - $48,000 | $17,411/yr |
| $48,001 - $75,000 | $20,471/yr |
| $75,001 - $110,000 | $23,450/yr |
| $110,001+ | $16,131/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $57,318 | $33,000 |
| Business Administration, Management and Operations. | Bachelor | $51,035 | $27,000 |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $30,926 | $28,000 |
| Liberal Arts and Sciences, General Studies and Humanities. | Bachelor | $28,598 | $28,000 |
| Psychology, General. | Bachelor | $26,353 | $27,000 |
The Risk Factor
35.3% of students at Eastern Nazarene College graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Eastern Nazarene College presents a concerning financial picture with a 35% graduation rate and relatively weak post-graduation earnings given the debt burden. The median 10-year earnings of $54,727 barely justify the typical $26,000 debt load, especially when nearly two-thirds of students don't complete their degrees.
Business administration stands out as the only financially viable program, with graduates earning $57,318 annually. However, this comes with $33,000 in debt, creating a debt-to-income ratio that requires careful consideration. Education majors face particularly poor returns, earning just $30,926 with $28,000 in debt. Psychology and liberal arts graduates earn even less, making their debt burdens unsustainable.
The low 62% retention rate signals deeper institutional challenges that create financial risk for your investment. You're betting on completing a degree at a school where most students either transfer or drop out entirely.
This school works financially only if you're certain about business administration and have strong academic preparation to beat the graduation odds. The relatively low net price of $17,733 helps, but only 35% of students receive financial aid, suggesting limited scholarship opportunities.
You should look elsewhere if you're considering education, psychology, or liberal arts majors. The earnings simply don't support the debt burden, and the graduation rate makes any investment risky. Community college transfer or stronger regional options offer better financial prospects for most career paths available here.
Frequently Asked Questions
Is Eastern Nazarene College worth the cost?
Eastern Nazarene College's ROI is below average, with graduates earning $54,727 ten years after enrollment against $26,000 in median debt. The 35% graduation rate is concerning and suggests many students leave without completing their degree.
What are the best paying majors at Eastern Nazarene College?
Business Administration graduates from Eastern Nazarene College earn around $51,000-$57,000 annually, making it the strongest financial choice. Education majors earn about $31,000 while liberal arts and psychology graduates average under $29,000.
How much debt do Eastern Nazarene College students graduate with?
Eastern Nazarene College graduates carry a median debt of $26,000. With the school's low graduation rate of 35%, many students risk taking on debt without earning a degree.
Does Eastern Nazarene College provide good financial aid?
Eastern Nazarene College's net price of $17,733 per year is relatively affordable for a private college. However, the poor graduation rate means financial aid doesn't guarantee degree completion or positive outcomes.