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Augsburg University vs Macalester College: which has better ROI?

Private nonprofit, Minneapolis MN · vs · Private nonprofit, Saint Paul MN

The verdict

Macalester College has the better ROI: it clears its 4-year net cost of $128,596 in 8.3 years versus 9.1 years at Augsburg University, on median earnings of $63,878 vs $58,829 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureAugsburg UniversityMacalester College
Net price / yr$23,873$32,149
Total net cost$95,492$128,596
Median earnings, 10 yrs$58,829$63,878
Median debt$25,347$23,000
Payback9.1 yrs8.3 yrs
20-year net return$113,888$181,764

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

Which is cheaper, Augsburg University or Macalester College?

Augsburg University, at $23,873 a year after aid versus $32,149 — a gap of $8,276 a year, or $33,104 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Augsburg University or Macalester College graduates earn more?

Macalester College graduates report a median $63,878 ten years after entry, $5,049 more than the $58,829 at Augsburg 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, Augsburg University or Macalester College?

Macalester College: its completers carry a median $23,000 in federal loans versus $25,347 at Augsburg University, a difference of $2,347. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

87% of students finish at Macalester College, against 52% at Augsburg 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.

Augsburg University vs Macalester College: frequently asked questions

Is Augsburg University or Macalester College a better value?
Macalester College. It clears its $128,596 net cost in about 8.3 years versus 9.1 years at Augsburg University, on median earnings of $63,878 vs $58,829 ten years out.
Which is cheaper, Augsburg University or Macalester College?
Augsburg University: $23,873/yr net price after aid versus $32,149/yr at Macalester College — a difference of $8,276 a year, or about $33,104 over four years.
Do Augsburg University or Macalester College graduates earn more?
Macalester College graduates earn a median $63,878 ten years after entry, versus $58,829 at Augsburg University — a $5,049 gap. This blends every major, so a specific field can flip it.