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Anderson University vs Earlham College: which has better ROI?

Private nonprofit, Anderson IN · vs · Private nonprofit, Richmond IN

The verdict

Earlham College has the better ROI: it clears its 4-year net cost of $98,856 in 40.6 years versus 185.7 years at Anderson University, on median earnings of $50,797 vs $48,899 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureAnderson UniversityEarlham College
Net price / yr$25,021$24,714
Total net cost$100,084$98,856
Median earnings, 10 yrs$48,899$50,797
Median debt$27,000$23,488
Payback185.7 yrs40.6 yrs
20-year net return-$89,304-$50,116

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

Which is cheaper, Anderson University or Earlham College?

Earlham College, at $24,714 a year after aid versus $25,021 — a gap of $307 a year, or $1,228 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Anderson University or Earlham College graduates earn more?

Earlham College graduates report a median $50,797 ten years after entry, $1,898 more than the $48,899 at Anderson 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, Anderson University or Earlham College?

Earlham College: its completers carry a median $23,488 in federal loans versus $27,000 at Anderson University, a difference of $3,512. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

69% of students finish at Earlham College, against 54% at Anderson 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.

Anderson University vs Earlham College: frequently asked questions

Is Anderson University or Earlham College a better value?
Earlham College. It clears its $98,856 net cost in about 40.6 years versus 185.7 years at Anderson University, on median earnings of $50,797 vs $48,899 ten years out.
Which is cheaper, Anderson University or Earlham College?
Earlham College: $24,714/yr net price after aid versus $25,021/yr at Anderson University — a difference of $307 a year, or about $1,228 over four years.
Do Anderson University or Earlham College graduates earn more?
Earlham College graduates earn a median $50,797 ten years after entry, versus $48,899 at Anderson University — a $1,898 gap. This blends every major, so a specific field can flip it.