Degree Dividend
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Bethel University vs Earlham College: which has better ROI?

Private nonprofit, Mishawaka 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 148.9 years at Bethel University, on median earnings of $50,797 vs $48,860 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureBethel UniversityEarlham College
Net price / yr$18,610$24,714
Total net cost$74,440$98,856
Median earnings, 10 yrs$48,860$50,797
Median debt$25,000$23,488
Payback148.9 yrs40.6 yrs
20-year net return-$64,440-$50,116

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

Which is cheaper, Bethel University or Earlham College?

Bethel University, at $18,610 a year after aid versus $24,714 — a gap of $6,104 a year, or $24,416 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Bethel University or Earlham College graduates earn more?

Earlham College graduates report a median $50,797 ten years after entry, $1,937 more than the $48,860 at Bethel 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, Bethel University or Earlham College?

Earlham College: its completers carry a median $23,488 in federal loans versus $25,000 at Bethel University, a difference of $1,512. 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 53% at Bethel 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.

Bethel University vs Earlham College: frequently asked questions

Is Bethel University or Earlham College a better value?
Earlham College. It clears its $98,856 net cost in about 40.6 years versus 148.9 years at Bethel University, on median earnings of $50,797 vs $48,860 ten years out.
Which is cheaper, Bethel University or Earlham College?
Bethel University: $18,610/yr net price after aid versus $24,714/yr at Earlham College — a difference of $6,104 a year, or about $24,416 over four years.
Do Bethel University or Earlham College graduates earn more?
Earlham College graduates earn a median $50,797 ten years after entry, versus $48,860 at Bethel University — a $1,937 gap. This blends every major, so a specific field can flip it.