At $21,123/yr net price, Hannibal-LaGrange University graduates earn $42,643/yr within 10 years of enrollment, which is $8,643/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $21,123 |
| Estimated 4-Year Cost | $84,492 |
| Median Earnings (10yr post-entry) | $42,643/yr |
| Earnings Premium vs. HS Diploma | +$8,643/yr |
| Estimated Break-Even | 9.8 years |
| Graduation Rate (6-year) | 44.3% |
| Median Debt at Graduation | $18,599 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $9,571/yr |
| $30,001 - $48,000 | $12,221/yr |
| $48,001 - $75,000 | $19,304/yr |
| $75,001 - $110,000 | $22,094/yr |
| $110,001+ | $23,435/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. | Associate | $52,733 | $22,000 |
| Criminal Justice and Corrections. | Bachelor | $34,526 | |
| Teacher Education and Professional Development, Specific Subject Areas. | Master | $32,391 | |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $26,933 | $22,125 |
The Risk Factor
44.3% of students at Hannibal-LaGrange University graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Hannibal-LaGrange University delivers weak financial returns that make it a risky investment for most students. With median earnings of $42,643 ten years after graduation and a net price of $21,123 annually, you face a challenging payback period that many graduates struggle to manage.
The nursing program stands out as the only financially sound option, generating $52,733 in median earnings that justify the $22,000 debt load. However, the criminal justice program pays just $34,526 while education majors earn even less, with some teacher preparation tracks yielding only $26,933 annually against similar debt levels.
The school's 44% graduation rate creates significant financial risk. More than half of students leave without a degree but often with substantial debt. The 79% retention rate suggests many students recognize the poor value proposition early and transfer elsewhere.
Only 29% of students receive financial aid, indicating limited institutional support for affordability. This low aid percentage combined with the modest earnings outcomes means you should expect to pay close to full price for returns that fall short of regional averages.
This school makes financial sense only if you plan to pursue nursing and can complete the program successfully. Students interested in education or criminal justice should consider state universities or community colleges that offer better value. The combination of low graduation rates, limited financial aid, and weak earning potential across most programs makes Hannibal-LaGrange a poor financial choice for the majority of prospective students.
Frequently Asked Questions
Is Hannibal-LaGrange University worth the cost?
Hannibal-LaGrange University's value depends heavily on your major. Nursing graduates earn around $52,733 annually, making the $21,123 yearly cost reasonable, but other programs like education pay much less at $26,933-$32,391.
What is the ROI for Hannibal-LaGrange University graduates?
The overall ROI is weak, with average 10-year earnings of $42,643 against a total cost of about $84,500. Only nursing programs show strong returns, while most other majors struggle to justify the investment.
How much debt do Hannibal-LaGrange University students graduate with?
The median debt is $18,599, which is manageable for nursing majors but risky for education and criminal justice graduates who earn significantly less. The 44% graduation rate means many students take on debt without finishing.
Which programs at Hannibal-LaGrange University have the best job prospects?
Nursing programs are the clear winners with starting salaries around $52,733. Criminal justice and education majors face much lower earning potential at $26,933-$34,526, making the investment questionable.