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 gives you a mixed financial picture that leans on one program to carry it. At $18,705 a year in net price, your median earnings ten years out land in the mid-$40,000s, and your median debt sits below what one year of nursing pay would cover. That balance works if you pick the right major and breaks down fast if you don't.
Nursing is the clear win here. A nursing degree from Evangel puts you near $61,000, which is nearly $25,000 more than the business degree and roughly double what marketing, missions, and teacher education graduates earn. Those four programs all cluster in the low-to-mid $30,000s, and teacher education is the worst deal on paper: you graduate owing $27,000 while earning around $33,000. Business and marketing carry similar debt loads north of $22,000 against pay that barely clears the low $30,000s.
The risk specific to Evangel is program concentration. Outside nursing, no listed bachelor's program pays enough to make the debt comfortable, and Springfield's regional market won't rescue a missions or teaching salary. A 79% retention rate and 65% graduation rate mean a real share of you leave without the degree but keep the debt.
This school fits you if you're headed into nursing, full stop. The math works cleanly there. If you're drawn to teaching, missions, or general business, look hard at whether the outcome justifies the borrowing.
On net price, the income tiers move less than you'd expect. Coming from a family under $30,000, you pay around $13,335. over $110,000, you pay $21,472. That $8,000 gap between the lowest and highest tiers means lower-income families get some relief, but the sticker never drops to a bargain at any income level.
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.