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Allan Hancock College vs Merritt College: which has better ROI?

Public, Santa Maria CA · vs · Public, Oakland CA

The verdict

Neither clears its cost on institution-wide earnings, but Allan Hancock College comes closer — median earnings $42,786 against a $21,532 total, vs $44,392 at Merritt College. (Scorecard, 2026 · our math.)

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Head to head
MeasureAllan Hancock CollegeMerritt College
Net price / yr$5,383$14,021
Total net cost$21,532$56,084
Median earnings, 10 yrs$42,786$44,392
Median debt
Payback
20-year net return-$133,012-$135,444

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

Which is cheaper, Allan Hancock College or Merritt College?

Allan Hancock College, at $5,383 a year after aid versus $14,021 — a gap of $8,638 a year, or $34,552 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Allan Hancock College or Merritt College graduates earn more?

Merritt College graduates report a median $44,392 ten years after entry, $1,606 more than the $42,786 at Allan Hancock College. 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 graduates more of its students?

26% of students finish at Merritt College, against 26% at Allan Hancock College. 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.

Allan Hancock College vs Merritt College: frequently asked questions

Is Allan Hancock College or Merritt College a better value?
Allan Hancock College 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, Allan Hancock College or Merritt College?
Allan Hancock College: $5,383/yr net price after aid versus $14,021/yr at Merritt College — a difference of $8,638 a year, or about $34,552 over four years.
Do Allan Hancock College or Merritt College graduates earn more?
Merritt College graduates earn a median $44,392 ten years after entry, versus $42,786 at Allan Hancock College — a $1,606 gap. This blends every major, so a specific field can flip it.