Degree Dividend
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Northwestern College — ROI, Cost & Payback

Private nonprofit · Orange City, IA · 1,175 students

The verdict

Northwestern College charges a net price of $25,907/yr after aid — a 4-year total of $103,628. Graduates earn a median $49,802 ten years after entry, $1,442/yr above the $48,360 high-school baseline, clearing the total in 71.9 years — a 20-year net return of $-74,788, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

Share
$25,907
Net price / yr
Scorecard, 2026
$49,802
Median earnings, 10 yrs
Scorecard, 2026
71.9 yrs
Payback
Our math, 2026
80%
Admission rate
Scorecard, 2026
Northwestern College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$25,907/yrScorecard, 2026
Total net cost (4 yrs)$103,628our math
Median earnings, 10 yrs after entry$49,802Scorecard, 2026
Earnings premium over HS baseline$1,442/yrour math
Median debt (completers)$23,249Scorecard, 2026
Payback71.9 yrsour math
20-year net return$-74,788our 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.