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Olivet Nazarene University — ROI, Cost & Payback

Private nonprofit · Bourbonnais, IL · 2,603 students

The verdict

Olivet Nazarene University charges a net price of $20,729/yr after aid — a 4-year total of $82,916. Graduates earn a median $53,213 ten years after entry, $4,853/yr above the $48,360 high-school baseline, clearing the total in 17.1 years — a 20-year net return of $14,144, a slow but positive payback. (Scorecard, 2026 · our math.)

Share
$20,729
Net price / yr
Scorecard, 2026
$53,213
Median earnings, 10 yrs
Scorecard, 2026
17.1 yrs
Payback
Our math, 2026
56%
Admission rate
Scorecard, 2026
Olivet Nazarene University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$20,729/yrScorecard, 2026
Total net cost (4 yrs)$82,916our math
Median earnings, 10 yrs after entry$53,213Scorecard, 2026
Earnings premium over HS baseline$4,853/yrour math
Median debt (completers)$25,000Scorecard, 2026
Payback17.1 yrsour math
20-year net return$14,144our 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.