At $27,951/yr net price, Iona University graduates earn $73,595/yr within 10 years of enrollment, which is $39,595/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $27,951 |
| Estimated 4-Year Cost | $111,804 |
| Median Earnings (10yr post-entry) | $73,595/yr |
| Earnings Premium vs. HS Diploma | +$39,595/yr |
| Estimated Break-Even | 2.8 years |
| Graduation Rate (6-year) | 57.4% |
| Median Debt at Graduation | $25,999 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $25,063/yr |
| $30,001 - $48,000 | $27,463/yr |
| $48,001 - $75,000 | $26,714/yr |
| $75,001 - $110,000 | $28,595/yr |
| $110,001+ | $30,466/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $70,456 | $35,687 |
| Teacher Education and Professional Development, Specific Subject Areas. | Master | $70,176 | |
| Accounting and Related Services. | Master | $67,899 | $33,443 |
| Finance and Financial Management Services. | Master | $66,318 | $32,559 |
| Management Information Systems and Services. | Bachelor | $55,964 | $26,661 |
| Finance and Financial Management Services. | Bachelor | $52,107 | $21,250 |
| Accounting and Related Services. | Bachelor | $50,270 | $25,624 |
| International Business. | Bachelor | $49,683 | |
| Psychology, General. | Master | $46,087 | $42,878 |
| Business Administration, Management and Operations. | Bachelor | $41,193 | $27,000 |
The Risk Factor
57.4% of students at Iona 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
Iona University delivers mixed financial returns that depend heavily on your major choice and career goals. The $27,951 annual net price produces median earnings of $73,595 after ten years, creating a reasonable payback timeline for most graduates.
Your program selection makes the difference between strong and weak returns. Business Administration leads earnings at over $70,000 annually, though you'll carry $35,687 in debt to get there. Education and Accounting also cross the $67,000 threshold, making them solid financial choices. Finance rounds out the stronger options at $66,318. Management Information Systems lags significantly at $55,964, creating a tougher debt-to-income ratio despite lower borrowing.
The 57% graduation rate presents your biggest financial risk. Nearly half of students who start at Iona never finish, leaving them with debt but no degree. The 80% first-year retention rate suggests academic struggles often emerge in later years.
Iona works best financially if you're targeting business careers in the New York metro area, where the school's regional connections can boost job prospects. The location premium helps justify the private school cost structure. You should look elsewhere if you're considering lower-earning majors or need a higher graduation rate to feel secure about completing your degree.
With only 26% of students receiving aid, Iona appears selective with financial assistance. Merit scholarships may be available but aren't widespread. Your best cost strategy involves choosing one of the higher-earning business programs and leveraging the school's New York-area network for internships and job placement.
Frequently Asked Questions
Is Iona University worth the cost?
Iona University's graduates earn $73,595 ten years after graduation, which provides decent returns given the $27,951 annual net price. However, the 57% graduation rate means many students don't complete their degrees, making the investment risky.
What are the best paying majors at Iona University?
Business administration and teacher education at Iona University both lead to around $70,000 in earnings, while accounting graduates earn $67,899. Finance and management information systems offer lower returns at $66,318 and $55,964 respectively.
How much debt do Iona University graduates have?
Iona University graduates typically leave with $25,999 in debt, which is manageable given the $73,595 average earnings after ten years. The debt-to-income ratio works out to reasonable monthly payments for most graduates.
Does Iona University have good job placement after graduation?
With a 96% acceptance rate and 1120 average SAT score, Iona University admits most applicants, but only 57% actually graduate. This low completion rate suggests academic support may be insufficient for many students who enroll.