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72.3%Acceptance
$55,461Tuition
1,394Students
76%Grad Rate (6-yr)
$55,789Earnings
Private nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24
Return on Investment: Good

At $24,563/yr net price, Lawrence University graduates earn $55,789/yr within 10 years of enrollment, which is $21,789/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Lawrence University
Metric Value
Average Net Price (per year) $24,563
Estimated 4-Year Cost $98,252
Median Earnings (10yr post-entry) $55,789/yr
Earnings Premium vs. HS Diploma +$21,789/yr
Estimated Break-Even 4.5 years
Graduation Rate (6-year) 76.4%
Median Debt at Graduation $26,000

What You'll Actually Pay

Average net price by family income

Net price by family income for Lawrence University
Family Income Estimated Net Price
$0 - $30,000 $12,025/yr
$30,001 - $48,000 $14,498/yr
$48,001 - $75,000 $17,215/yr
$75,001 - $110,000 $22,712/yr
$110,001+ $32,492/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Lawrence University
Program Level Median Earnings Median Debt
Economics. Bachelor $54,035
Political Science and Government. Bachelor $29,685
Biochemistry, Biophysics and Molecular Biology. Bachelor $28,960
History. Bachelor $28,019
Biology, General. Bachelor $25,194 $12,000
Drama/Theatre Arts and Stagecraft. Bachelor $23,113
English Language and Literature, General. Bachelor $22,667
Psychology, General. Bachelor $22,329 $15,000
Music. Bachelor $20,140 $18,988

The Risk Factor

Completion Risk: Moderate Risk

76.4% of students at Lawrence University graduate within 6 years. A significant share of students finish, but roughly 24% do not complete their degree.

Analysis

Lawrence University delivers mediocre financial returns despite its relatively affordable $24,563 net price. Your median earnings of $55,789 ten years after graduation barely justify the investment, especially when you consider that 76% of students actually complete their degrees.

Economics stands out as the only financially viable major at Lawrence, generating $54,035 in median earnings. Every other tracked program pays poorly, with Political Science graduates earning just $29,685 and Biology majors making only $25,194. If you're considering pre-med or liberal arts fields, Lawrence's weak earning potential makes it a risky choice.

Your biggest financial advantage at Lawrence is the low debt load. At $26,000 median debt, you'll avoid the crushing loan payments that plague graduates from more expensive schools. However, only 21% of students receive need-based aid, suggesting Lawrence expects families to pay most costs upfront or through private loans.

Lawrence makes financial sense if you're pursuing Economics and can afford the net price without heavy borrowing. The school also works if you value small-class liberal arts education and don't need your degree to maximize earnings immediately. Skip Lawrence if you're planning on expensive graduate school, need substantial financial aid, or want strong career services for high-paying fields. The 87% retention rate suggests students like the experience, but the earnings data shows most graduates struggle to translate that satisfaction into financial success.

Frequently Asked Questions

Is Lawrence University worth the cost?

Lawrence University graduates earn $55,789 ten years after graduation with median debt of $26,000, creating a reasonable debt-to-income ratio. However, many popular majors like Political Science ($29,685) and Biology ($25,194) show concerning earning potential relative to the investment.

Which Lawrence University programs offer the best return on investment?

Economics majors at Lawrence University earn $54,035 annually, making it the only program that approaches the school average of $55,789. Most other popular majors including Political Science, Biology, and History produce significantly lower earnings that may not justify the cost.

How much debt do Lawrence University students graduate with?

Lawrence University students graduate with a median debt of $26,000. While this debt level is manageable for Economics majors earning $54,035, it creates financial stress for graduates in lower-earning fields like Political Science ($29,685) or Biology ($25,194).

Does Lawrence University provide enough financial aid to make it affordable?

Lawrence University's net price of $24,563 per year reflects substantial financial aid, bringing costs down from the full sticker price. The 76% graduation rate suggests most students can complete their degrees, though earning potential varies dramatically by major choice.