Degree Dividend
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Calumet College of Saint Joseph vs Aveda Fredric's Institute-Indianapolis: which has better ROI?

Private nonprofit, Whiting IN · vs · Private for-profit, Carmel IN

The verdict

Neither clears its cost on institution-wide earnings, but Calumet College of Saint Joseph comes closer — median earnings $46,945 against a $89,804 total, vs $31,963 at Aveda Fredric's Institute-Indianapolis. (Scorecard, 2026 · our math.)

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Head to head
MeasureCalumet College of Saint JosephAveda Fredric's Institute-Indianapolis
Net price / yr$22,451$24,096
Total net cost$89,804$96,384
Median earnings, 10 yrs$46,945$31,963
Median debt$21,534$7,389
Payback
20-year net return-$118,104-$424,324

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

Which is cheaper, Calumet College of Saint Joseph or Aveda Fredric's Institute-Indianapolis?

Calumet College of Saint Joseph, at $22,451 a year after aid versus $24,096 — a gap of $1,645 a year, or $6,580 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Calumet College of Saint Joseph or Aveda Fredric's Institute-Indianapolis graduates earn more?

Calumet College of Saint Joseph graduates report a median $46,945 ten years after entry, $14,982 more than the $31,963 at Aveda Fredric's Institute-Indianapolis. 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, Calumet College of Saint Joseph or Aveda Fredric's Institute-Indianapolis?

Aveda Fredric's Institute-Indianapolis: its completers carry a median $7,389 in federal loans versus $21,534 at Calumet College of Saint Joseph, a difference of $14,145. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

88% of students finish at Aveda Fredric's Institute-Indianapolis, against 23% at Calumet College of Saint Joseph. 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.

Calumet College of Saint Joseph vs Aveda Fredric's Institute-Indianapolis: frequently asked questions

Is Calumet College of Saint Joseph or Aveda Fredric's Institute-Indianapolis a better value?
Calumet College of Saint Joseph 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, Calumet College of Saint Joseph or Aveda Fredric's Institute-Indianapolis?
Calumet College of Saint Joseph: $22,451/yr net price after aid versus $24,096/yr at Aveda Fredric's Institute-Indianapolis — a difference of $1,645 a year, or about $6,580 over four years.
Do Calumet College of Saint Joseph or Aveda Fredric's Institute-Indianapolis graduates earn more?
Calumet College of Saint Joseph graduates earn a median $46,945 ten years after entry, versus $31,963 at Aveda Fredric's Institute-Indianapolis — a $14,982 gap. This blends every major, so a specific field can flip it.