Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

Emerson College vs Nichols College: which has better ROI?

Private nonprofit, Boston MA · vs · Private nonprofit, Dudley MA

The verdict

Emerson College has the better ROI: it clears its 4-year net cost of $196,720 in 13.6 years versus 13.6 years at Nichols College, on median earnings of $62,832 vs $58,063 ten years out. (Scorecard, 2026 · our math.)

Share
Head to head
MeasureEmerson CollegeNichols College
Net price / yr$49,180$33,036
Total net cost$196,720$132,144
Median earnings, 10 yrs$62,832$58,063
Median debt$23,000$27,000
Payback13.6 yrs13.6 yrs
20-year net return$92,720$61,916

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

Which is cheaper, Emerson College or Nichols College?

Nichols College, at $33,036 a year after aid versus $49,180 — a gap of $16,144 a year, or $64,576 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Emerson College or Nichols College graduates earn more?

Emerson College graduates report a median $62,832 ten years after entry, $4,769 more than the $58,063 at Nichols 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 leaves students with less debt, Emerson College or Nichols College?

Emerson College: its completers carry a median $23,000 in federal loans versus $27,000 at Nichols College, a difference of $4,000. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

77% of students finish at Emerson College, against 63% at Nichols 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.

Emerson College vs Nichols College: frequently asked questions

Is Emerson College or Nichols College a better value?
Emerson College. It clears its $196,720 net cost in about 13.6 years versus 13.6 years at Nichols College, on median earnings of $62,832 vs $58,063 ten years out.
Which is cheaper, Emerson College or Nichols College?
Nichols College: $33,036/yr net price after aid versus $49,180/yr at Emerson College — a difference of $16,144 a year, or about $64,576 over four years.
Do Emerson College or Nichols College graduates earn more?
Emerson College graduates earn a median $62,832 ten years after entry, versus $58,063 at Nichols College — a $4,769 gap. This blends every major, so a specific field can flip it.