At $18,705/yr net price, Evangel University graduates earn $46,573/yr within 10 years of enrollment, which is $12,573/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $18,705 |
| Estimated 4-Year Cost | $74,820 |
| Median Earnings (10yr post-entry) | $46,573/yr |
| Earnings Premium vs. HS Diploma | +$12,573/yr |
| Estimated Break-Even | 6 years |
| Graduation Rate (6-year) | 64.8% |
| Median Debt at Graduation | $24,736 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $13,335/yr |
| $30,001 - $48,000 | $16,026/yr |
| $48,001 - $75,000 | $18,882/yr |
| $75,001 - $110,000 | $19,692/yr |
| $110,001+ | $21,472/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $60,771 | |
| Business Administration, Management and Operations. | Master | $47,650 | $25,734 |
| Theological and Ministerial Studies. | Master | $43,314 | $35,210 |
| Business Administration, Management and Operations. | Bachelor | $36,156 | $22,500 |
| Clinical, Counseling and Applied Psychology. | Master | $34,420 | $41,000 |
| Marketing. | Bachelor | $33,993 | $22,135 |
| Missions/Missionary Studies and Missiology. | Bachelor | $33,459 | |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $33,410 | $27,000 |
| Teacher Education and Professional Development, Specific Subject Areas. | Bachelor | $31,988 | $28,154 |
| Music. | Bachelor | $30,409 |
The Risk Factor
64.8% of students at Evangel University graduate within 6 years. A significant share of students finish, but roughly 35% do not complete their degree.
Analysis
Evangel University delivers a mixed financial picture with nursing leading the way and ministry programs creating debt concerns. Your nursing degree here pays well at $60,771 annually, making it the clear financial winner and justifying the investment at this Christian university in Missouri.
Business programs show split results. The higher-earning business track hits $47,650 with manageable debt, while the lower track produces only $36,156. Psychology and counseling graduates face the worst scenario with $34,420 earnings against $41,000 in debt. Theology students earn $43,314 but carry heavy debt at $35,210, which creates long-term repayment challenges for ministry careers.
The 64.8% graduation rate means over one-third of students leave without degrees while still carrying debt. Your retention rate of 79.3% signals some students struggle with the academic or financial demands early on.
This school works financially if you pursue nursing or select business programs. Ministry students should consider the debt-to-income mismatch carefully, especially given typical pastoral salaries. Psychology majors face particularly poor returns and should look elsewhere for better financial outcomes.
With only 36% receiving aid, merit opportunities appear limited. The relatively low net price of $18,705 helps, but you need to pick your program carefully. Consider Evangel if you want nursing training with Christian values or specific business programs. Avoid it for psychology or if you need substantial financial aid to make college affordable.
Frequently Asked Questions
Is Evangel University worth the cost?
Evangel University's $18,705 annual net price leads to median earnings of $46,573 after 10 years, which is below average for college graduates. The nursing programs offer better returns at around $60,000, but other majors struggle to justify the cost.
What are the best paying majors at Evangel University?
Registered nursing graduates from Evangel University earn around $60,771 annually, making it the school's strongest financial return. Business and ministry programs typically earn $36,000-$47,000, while psychology graduates average just $34,420.
How much debt do Evangel University graduates have?
Evangel University graduates leave with a median debt of $24,736. With typical starting salaries around $46,000, this creates a manageable but not ideal debt-to-income ratio for most programs.
Does Evangel University have good graduation rates?
Evangel University's 65% graduation rate is concerning, meaning about one in three students don't finish their degree. This increases the financial risk since incomplete degrees rarely pay off the investment.