At $28,617/yr net price, John Carroll University graduates earn $62,860/yr within 10 years of enrollment, which is $28,860/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $28,617 |
| Estimated 4-Year Cost | $114,468 |
| Median Earnings (10yr post-entry) | $62,860/yr |
| Earnings Premium vs. HS Diploma | +$28,860/yr |
| Estimated Break-Even | 4 years |
| Graduation Rate (6-year) | 76.5% |
| 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 | $22,972/yr |
| $30,001 - $48,000 | $21,419/yr |
| $48,001 - $75,000 | $22,871/yr |
| $75,001 - $110,000 | $28,427/yr |
| $110,001+ | $32,838/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $58,402 | $20,500 |
| Accounting and Related Services. | Bachelor | $56,054 | $27,000 |
| Finance and Financial Management Services. | Bachelor | $54,618 | $26,000 |
| Computer Science. | Bachelor | $53,775 | $24,625 |
| Economics. | Bachelor | $53,358 | $26,250 |
| Business Administration, Management and Operations. | Bachelor | $52,107 | $24,350 |
| Marketing. | Bachelor | $46,589 | $27,000 |
| Teacher Education and Professional Development, Specific Levels and Methods. | Master | $45,584 | |
| Chemistry. | Bachelor | $42,682 | $26,770 |
| International Business. | Bachelor | $41,295 |
The Risk Factor
76.5% of students at John Carroll University graduate within 6 years. A significant share of students finish, but roughly 24% do not complete their degree.
Analysis
John Carroll gives you a solid financial return if you graduate, and most of you do. The 76.5% grad rate and 85% retention mean you're likely to finish, which matters because a degree you don't complete leaves you with debt and no payoff. Median earnings of $62,860 ten years out sit comfortably above the roughly $26,000 debt you'd carry, so the math works for the typical graduate.
The payoff is concentrated in business. Accounting graduates lead at $56,054, with finance, economics, and business administration clustered close behind. Computer science lands in the same range near $53,775, and does it on the lowest program debt of the bunch. These are the majors that justify the price here. If your interests sit outside business and CS, no bachelor-level earnings data is listed, so you're betting on programs whose financial return isn't shown.
The main risk is the sticker itself. At $28,617 a year, the cost only pencils out if you graduate and land in a field that pays. Note that the program earnings above are close together, in the low-to-mid $50Ks, so choosing accounting over business administration won't dramatically change your outcome, but choosing to finish will.
The net price tiers are unusual. If your family earns under $75k, you pay around $21,000 to $23,000, and those three brackets barely differ. Above $110k, you pay nearly $33,000. So aid meaningfully cuts the cost for lower-income families, and the jump only hits the top bracket.
This school fits you if you're aiming at accounting, finance, or computing and expect to graduate. If you're chasing a lower-paying field, the $28k price and the debt that comes with it are harder to justify here.
Frequently Asked Questions
Is John Carroll University worth the cost compared to other schools?
John Carroll's graduates earn $62,860 after 10 years, which is modest for a $28,617 annual cost. With median debt at $26,000, you'll likely break even, but stronger ROI options exist at other Ohio universities.
What are the best paying majors at John Carroll University?
Business Administration leads at $58,402 starting salary, followed by Accounting at $56,054. Computer Science pays $53,775, which is below market rate for tech graduates from comparable programs.
How much student debt do John Carroll University graduates typically have?
The median debt is $26,000, which is manageable given the $62,860 average earnings. Most graduates can handle this debt load, though the relatively low starting salaries mean longer payback periods.
Does John Carroll University provide good financial aid to reduce costs?
With a net price of $28,617 after aid, John Carroll offers moderate financial assistance. The 76.5% graduation rate suggests most students can complete their degrees, but the final cost remains high for the earning potential.