At $21,158/yr net price, The University of Olivet graduates earn $47,907/yr within 10 years of enrollment, which is $13,907/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $21,158 |
| Estimated 4-Year Cost | $84,632 |
| Median Earnings (10yr post-entry) | $47,907/yr |
| Earnings Premium vs. HS Diploma | +$13,907/yr |
| Estimated Break-Even | 6.1 years |
| Graduation Rate (6-year) | 37.0% |
| Median Debt at Graduation | $27,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $20,658/yr |
| $30,001 - $48,000 | $24,502/yr |
| $48,001 - $75,000 | $17,447/yr |
| $75,001 - $110,000 | $21,904/yr |
| $110,001+ | $25,220/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Insurance. | Bachelor | $51,035 | $24,375 |
| Business Administration, Management and Operations. | Bachelor | $40,896 | $26,800 |
| Criminal Justice and Corrections. | Bachelor | $36,560 | $27,000 |
| Psychology, General. | Bachelor | $32,391 | $27,000 |
| Biology, General. | Bachelor | $29,685 | $27,000 |
| Health and Physical Education/Fitness. | Bachelor | $28,381 | $27,000 |
| Journalism. | Bachelor | $25,967 |
The Risk Factor
37.0% of students at The University of Olivet graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
The University of Olivet delivers weak financial returns that struggle to justify its $21,158 annual cost. With median post-graduation earnings of $47,907, you'll need over a decade to see meaningful returns on your investment, assuming you complete your degree.
The school's 37% graduation rate creates significant financial risk. More than six out of ten students leave without finishing, often carrying debt but lacking the credential needed for better-paying jobs. The 57% retention rate signals that many students recognize the poor value proposition early.
Insurance stands out as the only program delivering reasonable returns at $51,035 in median earnings with below-average debt at $24,375. Business Administration provides marginal value at $40,896, while Criminal Justice leaves graduates earning just $36,560 against $27,000 in debt. Psychology and Biology programs perform poorly, with Biology graduates earning under $30,000 despite full debt loads.
You should avoid Olivet if you're considering Psychology or Biology, where the earnings barely exceed what you could earn with a high school diploma in many markets. The school works best for students specifically interested in insurance careers who can leverage the program's industry connections in Michigan.
With only 42% of students receiving financial aid, merit scholarships appear limited. Your best strategy involves securing significant aid upfront or choosing a different school entirely. The combination of high dropout rates, modest earnings, and limited aid makes Olivet a risky financial choice for most students seeking career advancement through higher education.
Frequently Asked Questions
Is The University of Olivet worth the cost?
The University of Olivet's value depends heavily on your major. Insurance graduates earn $51,035 annually, making the $27,000 median debt manageable, but other programs like biology and psychology show poor returns relative to costs.
What is The University of Olivet's graduation rate and why does it matter?
The University of Olivet has a 37% graduation rate, meaning most students don't finish their degree. This creates significant financial risk since you may accumulate debt without earning the credential needed for higher-paying jobs.
Which majors at The University of Olivet have the best ROI?
Insurance is the clear winner at The University of Olivet, with graduates earning $51,035 annually. Business administration offers moderate returns at $40,896, while biology and psychology graduates earn under $33,000 despite similar debt loads.
How much debt do The University of Olivet students typically graduate with?
The University of Olivet graduates carry a median debt of $27,000. With 10-year earnings averaging $47,907, this debt level is manageable for some majors but problematic for lower-paying fields like biology and psychology.