Degree Dividend
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Ferrum College vs American National University: which has better ROI?

Private nonprofit, Ferrum VA · vs · Private for-profit, Salem VA

The verdict

Neither clears its cost on institution-wide earnings, but Ferrum College comes closer — median earnings $44,296 against a $80,328 total, vs $26,370 at American National University. (Scorecard, 2026 · our math.)

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Head to head
MeasureFerrum CollegeAmerican National University
Net price / yr$20,082$18,036
Total net cost$80,328$36,072
Median earnings, 10 yrs$44,296$26,370
Median debt$27,000$12,814
Payback
20-year net return-$161,608-$475,872

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

Which is cheaper, Ferrum College or American National University?

American National University, at $18,036 a year after aid versus $20,082 — a gap of $2,046 a year, or $44,256 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Ferrum College or American National University graduates earn more?

Ferrum College graduates report a median $44,296 ten years after entry, $17,926 more than the $26,370 at American National 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, Ferrum College or American National University?

American National University: its completers carry a median $12,814 in federal loans versus $27,000 at Ferrum College, a difference of $14,186. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

33% of students finish at American National University, against 32% at Ferrum 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.

Ferrum College vs American National University: frequently asked questions

Is Ferrum College or American National University a better value?
Ferrum College 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, Ferrum College or American National University?
American National University: $18,036/yr net price after aid versus $20,082/yr at Ferrum College — a difference of $2,046 a year, or about $44,256 over four years.
Do Ferrum College or American National University graduates earn more?
Ferrum College graduates earn a median $44,296 ten years after entry, versus $26,370 at American National University — a $17,926 gap. This blends every major, so a specific field can flip it.