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Muskingum University — ROI, Cost & Payback

Private nonprofit · New Concord, OH · 1,376 students

The verdict

Muskingum University charges a net price of $19,532/yr after aid — a 4-year total of $78,128. Graduates earn a median $48,440 ten years after entry, $80/yr above the $48,360 high-school baseline, clearing the total in 976.6 years — a 20-year net return of $-76,528, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

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Muskingum University's 976.6-year payback ranks #1,274 of 1,280 US colleges we track — better ROI than 1% of them, and #68 of 144 in Ohio.

Better ROI than 1% of US colleges#1,274 of 1,280
Weakest ROIStrongest ROI
$19,532
Net price / yr
Scorecard, 2026
$48,440
Median earnings, 10 yrs
Scorecard, 2026
976.6 yrs
Payback
Our math, 2026
82%
Admission rate
Scorecard, 2026
Muskingum University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$19,532/yrScorecard, 2026
Total net cost (4 yrs)$78,128our math
Median earnings, 10 yrs after entry$48,440Scorecard, 2026
Earnings premium over HS baseline$80/yrour math
Median debt (completers)$25,369Scorecard, 2026
Payback976.6 yrsour math
20-year net return$-76,528our 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.

Muskingum University: frequently asked questions

Is Muskingum University worth the cost?
On the numbers, yes. Muskingum University charges $19,532/yr after aid ($78,128 over 4 years), and graduates earn a median $48,440 ten years out — $80/yr above the $48,360 high-school baseline. That clears the cost in 976.6 years and returns $-76,528 net over 20 years, a weak return — the cost is hard to justify on earnings alone.
How long does a Muskingum University degree take to pay off?
About 976.6 years. We divide the $78,128 four-year net cost by the $80/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 Muskingum University cost after financial aid?
The median net price is $19,532/yr — about $78,128 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Muskingum University compare to other Ohio colleges?
It ranks #68 of 144 Ohio colleges we track by payback. Its $48,440 median earnings beat the national median of $43,552, and its $19,532 net price is above the national median of $16,906.