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Mount Mercy University — ROI, Cost & Payback

Private nonprofit · Cedar Rapids, IA · 1,107 students

The verdict

Mount Mercy University charges a net price of $20,168/yr after aid — a 4-year total of $80,672. Graduates earn a median $60,787 ten years after entry, $12,427/yr above the $48,360 high-school baseline, clearing the total in 6.5 years — a 20-year net return of $167,868, a solid payback. (Scorecard, 2026 · our math.)

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Mount Mercy University's 6.5-year payback ranks #571 of 1,280 US colleges we track — better ROI than 55% of them, and #5 of 47 in Iowa.

Better ROI than 55% of US colleges#571 of 1,280
Weakest ROIStrongest ROI
$20,168
Net price / yr
Scorecard, 2026
$60,787
Median earnings, 10 yrs
Scorecard, 2026
6.5 yrs
Payback
Our math, 2026
83%
Admission rate
Scorecard, 2026
Mount Mercy University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$20,168/yrScorecard, 2026
Total net cost (4 yrs)$80,672our math
Median earnings, 10 yrs after entry$60,787Scorecard, 2026
Earnings premium over HS baseline$12,427/yrour math
Median debt (completers)$23,699Scorecard, 2026
Payback6.5 yrsour math
20-year net return$167,868our math

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

The arithmetic, on Mount Mercy University's own numbers. Net price $20,168 × 4 years = $80,672 total. Median earnings $60,787 − the $48,360 high-school baseline = $12,427 a year of premium. $80,672 ÷ $12,427 = 6.5 years to break even; twenty years of that premium minus the cost leaves $167,868. 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 Mount Mercy University students graduate with?

A median $23,699 in federal loans among completers, or 39% of the $60,787 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Mount Mercy University students graduate?

58% finish their degree — 42% leave carrying the cost without the credential. Spread the $80,672 bill across that completion rate and the cohort pays $139,090 per graduate produced — our math, and the figure a payback number never shows.

Is Mount Mercy University expensive compared with other Iowa colleges?

Its $20,168 net price runs $1,579 above the $18,589 median across the 47 Iowa colleges we profile, or $6,316 more across the full degree.

Mount Mercy University: frequently asked questions

Is Mount Mercy University worth the cost?
On the numbers, yes. Mount Mercy University charges $20,168/yr after aid ($80,672 over 4 years), and graduates earn a median $60,787 ten years out — $12,427/yr above the $48,360 high-school baseline. That clears the cost in 6.5 years and returns $167,868 net over 20 years, a solid payback.
How long does a Mount Mercy University degree take to pay off?
About 6.5 years. We divide the $80,672 four-year net cost by the $12,427/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 Mount Mercy University cost after financial aid?
The median net price is $20,168/yr — about $80,672 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Mount Mercy University compare to other Iowa colleges?
It ranks #5 of 47 Iowa colleges we track by payback. Its $60,787 median earnings beat the national median of $43,549, and its $20,168 net price is above the national median of $16,902.