Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

Elon University — ROI, Cost & Payback

Private nonprofit · Elon, NC · 6,452 students

The verdict

Elon University charges a net price of $41,555/yr after aid — a 4-year total of $166,220. Graduates earn a median $74,545 ten years after entry, $26,185/yr above the $48,360 high-school baseline, clearing the total in 6.3 years — a 20-year net return of $357,480, a solid payback. (Scorecard, 2026 · our math.)

Share

Elon University's 6.3-year payback ranks #548 of 1,280 US colleges we track — better ROI than 57% of them, and #9 of 115 in North Carolina.

Better ROI than 57% of US colleges#548 of 1,280
Weakest ROIStrongest ROI
$41,555
Net price / yr
Scorecard, 2026
$74,545
Median earnings, 10 yrs
Scorecard, 2026
6.3 yrs
Payback
Our math, 2026
66%
Admission rate
Scorecard, 2026
Elon University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$41,555/yrScorecard, 2026
Total net cost (4 yrs)$166,220our math
Median earnings, 10 yrs after entry$74,545Scorecard, 2026
Earnings premium over HS baseline$26,185/yrour math
Median debt (completers)$20,500Scorecard, 2026
Payback6.3 yrsour math
20-year net return$357,480our math

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

The arithmetic, on Elon University's own numbers. Net price $41,555 × 4 years = $166,220 total. Median earnings $74,545 − the $48,360 high-school baseline = $26,185 a year of premium. $166,220 ÷ $26,185 = 6.3 years to break even; twenty years of that premium minus the cost leaves $357,480. 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 Elon University students graduate with?

A median $20,500 in federal loans among completers, or 28% of the $74,545 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Elon University students graduate?

84% finish their degree. Spread the $166,220 bill across that completion rate and the cohort pays $197,881 per graduate produced — our math, and the figure a payback number never shows.

Is Elon University expensive compared with other North Carolina colleges?

Its $41,555 net price runs $30,709 above the $10,846 median across the 115 North Carolina colleges we profile, or $122,836 more across the full degree.

Elon University: frequently asked questions

Is Elon University worth the cost?
On the numbers, yes. Elon University charges $41,555/yr after aid ($166,220 over 4 years), and graduates earn a median $74,545 ten years out — $26,185/yr above the $48,360 high-school baseline. That clears the cost in 6.3 years and returns $357,480 net over 20 years, a solid payback.
How long does a Elon University degree take to pay off?
About 6.3 years. We divide the $166,220 four-year net cost by the $26,185/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 Elon University cost after financial aid?
The median net price is $41,555/yr — about $166,220 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Elon University compare to other North Carolina colleges?
It ranks #9 of 115 North Carolina colleges we track by payback. Its $74,545 median earnings beat the national median of $43,549, and its $41,555 net price is above the national median of $16,902.