At $19,045/yr net price, Newman University graduates earn $55,041/yr within 10 years of enrollment, which is $21,041/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $19,045 |
| Estimated 4-Year Cost | $76,180 |
| Median Earnings (10yr post-entry) | $55,041/yr |
| Earnings Premium vs. HS Diploma | +$21,041/yr |
| Estimated Break-Even | 3.6 years |
| Graduation Rate (6-year) | 53.8% |
| Median Debt at Graduation | $20,801 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $18,579/yr |
| $30,001 - $48,000 | $15,764/yr |
| $48,001 - $75,000 | $17,055/yr |
| $75,001 - $110,000 | $19,477/yr |
| $110,001+ | $21,726/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. | Master | $160,605 | $105,790 |
| Business Administration, Management and Operations. | Master | $57,318 | |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Bachelor | $52,107 | |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $50,287 | $20,055 |
| Education, Other. | Master | $47,670 | $16,674 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Associate | $45,305 | $17,062 |
| Social Work. | Master | $41,937 | $51,406 |
| Allied Health and Medical Assisting Services. | Associate | $41,205 | |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $36,437 | $22,750 |
| Biology, General. | Bachelor | $22,420 | $19,000 |
The Risk Factor
53.8% of students at Newman 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
Newman University delivers solid returns for nursing students but struggles in most other programs. The school's net price of $19,045 puts it in affordable territory for a private institution, yet median post-graduation earnings of $55,041 create a tight financial picture for many majors.
Nursing stands out as Newman's financial winner, with specialized nursing programs reaching $160,605 in median earnings despite higher debt loads. General nursing graduates earn $50,287 with manageable debt of $20,055. Business administration also performs well at $57,318, making these programs your best bets for strong returns.
Education majors face financial challenges with earnings of $47,670, typical for teaching careers but limiting your debt repayment capacity. The 53.8% graduation rate signals completion risk that could leave you with debt but no degree. Newman's 70.73% retention rate suggests many students transfer out, potentially disrupting your financial timeline.
You should consider Newman if you plan to study nursing or business and value small class sizes in Wichita's job market. Healthcare employers in Kansas actively recruit Newman nursing graduates. Skip this school if you're interested in liberal arts, social sciences, or other programs not listed among top earners.
Only 12.4% of students receive aid, suggesting limited need-based assistance. Merit scholarships exist but aren't widely distributed. Your best cost strategy involves completing your degree quickly in a high-earning program, particularly nursing, where the job market justifies the investment.
Frequently Asked Questions
Is Newman University worth the cost for the degree you get?
Newman University graduates earn $55,041 ten years after graduation, which is below average for college graduates nationally. With a net price of $19,045 annually and a 54% graduation rate, the return on investment is modest unless you pursue nursing, which pays significantly better than other programs.
What are the best paying majors at Newman University?
Nursing programs at Newman University offer the strongest financial returns, with some nursing graduates earning over $160,000 annually. Business graduates earn around $57,000, while education majors typically earn $47,670, which may not justify the cost of attendance.
How much debt do Newman University students graduate with?
Newman University students graduate with a median debt of $20,801, which is manageable compared to national averages. However, with lower-than-average post-graduation earnings outside of nursing, debt repayment may still be challenging for many graduates.
Should I choose Newman University over cheaper state schools in Kansas?
Newman University costs significantly more than Kansas state schools but produces similar or lower earnings outcomes in most fields except nursing. Unless you're pursuing nursing or need the smaller class sizes, state schools typically offer better financial value.