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Augustana College — ROI, Cost & Payback

Private nonprofit · Rock Island, IL · 2,490 students

The verdict

Augustana College charges a net price of $22,736/yr after aid — a 4-year total of $90,944. Graduates earn a median $62,971 ten years after entry, $14,611/yr above the $48,360 high-school baseline, clearing the total in 6.2 years — a 20-year net return of $201,276, a solid payback. (Scorecard, 2026 · our math.)

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Augustana College's 6.2-year payback ranks #536 of 1,280 US colleges we track — better ROI than 58% of them, and #20 of 116 in Illinois.

Better ROI than 58% of US colleges#536 of 1,280
Weakest ROIStrongest ROI
$22,736
Net price / yr
Scorecard, 2026
$62,971
Median earnings, 10 yrs
Scorecard, 2026
6.2 yrs
Payback
Our math, 2026
63%
Admission rate
Scorecard, 2026
Augustana College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$22,736/yrScorecard, 2026
Total net cost (4 yrs)$90,944our math
Median earnings, 10 yrs after entry$62,971Scorecard, 2026
Earnings premium over HS baseline$14,611/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback6.2 yrsour math
20-year net return$201,276our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Augustana College's own numbers. Net price $22,736 × 4 years = $90,944 total. Median earnings $62,971 − the $48,360 high-school baseline = $14,611 a year of premium. $90,944 ÷ $14,611 = 6.2 years to break even; twenty years of that premium minus the cost leaves $201,276. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Augustana College students graduate with?

A median $27,000 in federal loans among completers, or 43% of the $62,971 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Augustana College students graduate?

73% finish their degree. Spread the $90,944 bill across that completion rate and the cohort pays $124,581 per graduate produced — our math, and the figure a payback number never shows.

Is Augustana College expensive compared with other Illinois colleges?

Its $22,736 net price runs $8,986 above the $13,750 median across the 116 Illinois colleges we profile, or $35,944 more across the full degree.

Augustana College: frequently asked questions

Is Augustana College worth the cost?
On the numbers, yes. Augustana College charges $22,736/yr after aid ($90,944 over 4 years), and graduates earn a median $62,971 ten years out — $14,611/yr above the $48,360 high-school baseline. That clears the cost in 6.2 years and returns $201,276 net over 20 years, a solid payback.
How long does a Augustana College degree take to pay off?
About 6.2 years. We divide the $90,944 four-year net cost by the $14,611/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Augustana College cost after financial aid?
The median net price is $22,736/yr — about $90,944 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Augustana College compare to other Illinois colleges?
It ranks #20 of 116 Illinois colleges we track by payback. Its $62,971 median earnings beat the national median of $43,549, and its $22,736 net price is above the national median of $16,902.