At $20,230/yr net price, University of Evansville graduates earn $53,770/yr within 10 years of enrollment, which is $19,770/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $20,230 |
| Estimated 4-Year Cost | $80,920 |
| Median Earnings (10yr post-entry) | $53,770/yr |
| Earnings Premium vs. HS Diploma | +$19,770/yr |
| Estimated Break-Even | 4.1 years |
| Graduation Rate (6-year) | 71.3% |
| Median Debt at Graduation | $24,606 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $14,270/yr |
| $30,001 - $48,000 | $17,162/yr |
| $48,001 - $75,000 | $20,027/yr |
| $75,001 - $110,000 | $20,240/yr |
| $110,001+ | $26,264/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Mechanical Engineering. | Certificate | $70,456 | |
| Rehabilitation and Therapeutic Professions. | Doctoral | $68,153 | $77,330 |
| Mechanical Engineering. | Bachelor | $61,020 | $25,010 |
| Business Administration, Management and Operations. | Bachelor | $57,556 | $23,700 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $55,964 | $27,000 |
| Business Administration, Management and Operations. | Certificate | $55,512 | |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Certificate | $54,948 | |
| Business Administration, Management and Operations. | Master | $45,221 | |
| Teacher Education and Professional Development, Specific Subject Areas. | Certificate | $41,342 | |
| Health and Physical Education/Fitness. | Certificate | $33,987 |
The Risk Factor
71.3% of students at University of Evansville graduate within 6 years. A significant share of students finish, but roughly 29% do not complete their degree.
Analysis
University of Evansville gives you a solid but uneven financial return. With a 71% graduation rate and median debt under $25,000, most of you finish and leave with debt you can service on the school's typical $53,770 earnings. That debt-to-earnings ratio works, which is more than many private nonprofits can say.
Your major decides everything here. Mechanical engineering leads at $61,020, and the roughly $25,000 in debt that comes with it is easy to justify against that paycheck. Business administration and nursing both land in the mid-to-upper $50,000s, so all three of the school's earning programs clear the median comfortably. Nursing carries slightly higher debt ($27,000) but pairs with steady regional demand. Rhetoric and composition is the outlier: $17,717 in earnings makes that degree a financial loss against the same price tag other majors pay. Avoid it unless you have a specific plan that pays.
The main risk is the 77% retention rate. Roughly one in five of you won't return after freshman year, and leaving with debt but no degree is the worst outcome available. Engineering and nursing are demanding programs, so know what you're signing up for before you borrow.
Price scales hard with income. If your family earns under $30,000, you pay $14,270 and the aid does real work. Above $110,000, you pay $26,264, and the return only holds if you land in engineering, business, or nursing. Middle-income families in the $48,000 to $110,000 range see almost no price break between tiers, so the value depends entirely on your major.
Come here for engineering, nursing, or business and the math works. Come here undecided or leaning toward writing, and the price is hard to defend.
Frequently Asked Questions
Is University of Evansville worth the cost?
University of Evansville graduates earn $53,770 ten years after graduation with median debt of $24,606, making the ROI reasonable but not exceptional. Engineering and healthcare programs offer better returns than the overall average.
What are the best paying majors at University of Evansville?
Mechanical engineering leads at $70,456 annually, followed by rehabilitation therapy at $68,153. Business and nursing graduates earn in the mid-to-upper $50,000s, while other programs typically pay less.
How much debt do University of Evansville graduates have?
The median debt is $24,606, which is manageable given typical starting salaries for most programs. Engineering and healthcare majors can handle this debt load more easily than liberal arts graduates.
Does University of Evansville have good job placement after graduation?
With a 71% graduation rate and 10-year earnings of $53,770, outcomes are mixed depending on your major. STEM and healthcare programs show stronger employment prospects than general studies or humanities.