Degree Dividend
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Goshen College — ROI, Cost & Payback

Private nonprofit · Goshen, IN · 773 students

The verdict

Goshen College charges a net price of $14,493/yr after aid — a 4-year total of $57,972. Graduates earn a median $51,943 ten years after entry, $3,583/yr above the $48,360 high-school baseline, clearing the total in 16.2 years — a 20-year net return of $13,688, a slow but positive payback. (Scorecard, 2026 · our math.)

Share
$14,493
Net price / yr
Scorecard, 2026
$51,943
Median earnings, 10 yrs
Scorecard, 2026
16.2 yrs
Payback
Our math, 2026
84%
Admission rate
Scorecard, 2026
Goshen College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$14,493/yrScorecard, 2026
Total net cost (4 yrs)$57,972our math
Median earnings, 10 yrs after entry$51,943Scorecard, 2026
Earnings premium over HS baseline$3,583/yrour math
Median debt (completers)$22,974Scorecard, 2026
Payback16.2 yrsour math
20-year net return$13,688our math

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

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.