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Centenary University — ROI, Cost & Payback

Private nonprofit · Hackettstown, NJ · 910 students

The verdict

Centenary University charges a net price of $20,503/yr after aid — a 4-year total of $82,012. Graduates earn a median $53,726 ten years after entry, $5,366/yr above the $48,360 high-school baseline, clearing the total in 15.3 years — a 20-year net return of $25,308, a slow but positive payback. (Scorecard, 2026 · our math.)

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Centenary University's 15.3-year payback ranks #971 of 1,280 US colleges we track — better ROI than 24% of them, and #28 of 78 in New Jersey.

Better ROI than 24% of US colleges#971 of 1,280
Weakest ROIStrongest ROI
$20,503
Net price / yr
Scorecard, 2026
$53,726
Median earnings, 10 yrs
Scorecard, 2026
15.3 yrs
Payback
Our math, 2026
83%
Admission rate
Scorecard, 2026
Centenary University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$20,503/yrScorecard, 2026
Total net cost (4 yrs)$82,012our math
Median earnings, 10 yrs after entry$53,726Scorecard, 2026
Earnings premium over HS baseline$5,366/yrour math
Median debt (completers)$23,163Scorecard, 2026
Payback15.3 yrsour math
20-year net return$25,308our math

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

The arithmetic, on Centenary University's own numbers. Net price $20,503 × 4 years = $82,012 total. Median earnings $53,726 − the $48,360 high-school baseline = $5,366 a year of premium. $82,012 ÷ $5,366 = 15.3 years to break even; twenty years of that premium minus the cost leaves $25,308. 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 Centenary University students graduate with?

A median $23,163 in federal loans among completers, or 43% of the $53,726 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Centenary University students graduate?

56% finish their degree — 44% leave carrying the cost without the credential. Spread the $82,012 bill across that completion rate and the cohort pays $146,450 per graduate produced — our math, and the figure a payback number never shows.

Is Centenary University expensive compared with other New Jersey colleges?

Its $20,503 net price runs $86 above the $20,418 median across the 78 New Jersey colleges we profile, or $342 more across the full degree.

Centenary University: frequently asked questions

Is Centenary University worth the cost?
On the numbers, yes. Centenary University charges $20,503/yr after aid ($82,012 over 4 years), and graduates earn a median $53,726 ten years out — $5,366/yr above the $48,360 high-school baseline. That clears the cost in 15.3 years and returns $25,308 net over 20 years, a slow but positive payback.
How long does a Centenary University degree take to pay off?
About 15.3 years. We divide the $82,012 four-year net cost by the $5,366/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 Centenary University cost after financial aid?
The median net price is $20,503/yr — about $82,012 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Centenary University compare to other New Jersey colleges?
It ranks #28 of 78 New Jersey colleges we track by payback. Its $53,726 median earnings beat the national median of $43,549, and its $20,503 net price is above the national median of $16,902.