Degree Dividend
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Alabama State University vs Oakwood University: which has better ROI?

Public, Montgomery AL · vs · Private nonprofit, Huntsville AL

The verdict

Neither clears its cost on institution-wide earnings, but Oakwood University comes closer — median earnings $42,488 against a $102,676 total, vs $34,502 at Alabama State University. (Scorecard, 2026 · our math.)

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Head to head
MeasureAlabama State UniversityOakwood University
Net price / yr$20,435$25,669
Total net cost$81,740$102,676
Median earnings, 10 yrs$34,502$42,488
Median debt$31,000$27,000
Payback
20-year net return-$358,900-$220,116

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Alabama State University or Oakwood University?

Alabama State University, at $20,435 a year after aid versus $25,669 — a gap of $5,234 a year, or $20,936 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Alabama State University or Oakwood University graduates earn more?

Oakwood University graduates report a median $42,488 ten years after entry, $7,986 more than the $34,502 at Alabama State University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Alabama State University or Oakwood University?

Oakwood University: its completers carry a median $27,000 in federal loans versus $31,000 at Alabama State University, a difference of $4,000. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

45% of students finish at Oakwood University, against 30% at Alabama State University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Alabama State University vs Oakwood University: frequently asked questions

Is Alabama State University or Oakwood University a better value?
Oakwood University comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Alabama State University or Oakwood University?
Alabama State University: $20,435/yr net price after aid versus $25,669/yr at Oakwood University — a difference of $5,234 a year, or about $20,936 over four years.
Do Alabama State University or Oakwood University graduates earn more?
Oakwood University graduates earn a median $42,488 ten years after entry, versus $34,502 at Alabama State University — a $7,986 gap. This blends every major, so a specific field can flip it.