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Framingham State University vs Nichols College: which has better ROI?

Public, Framingham MA · vs · Private nonprofit, Dudley MA

The verdict

Nichols College has the better ROI: it clears its 4-year net cost of $132,144 in 13.6 years versus 16.2 years at Framingham State University, on median earnings of $58,063 vs $52,349 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureFramingham State UniversityNichols College
Net price / yr$16,114$33,036
Total net cost$64,456$132,144
Median earnings, 10 yrs$52,349$58,063
Median debt$25,000$27,000
Payback16.2 yrs13.6 yrs
20-year net return$15,324$61,916

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

Which is cheaper, Framingham State University or Nichols College?

Framingham State University, at $16,114 a year after aid versus $33,036 — a gap of $16,922 a year, or $67,688 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Framingham State University or Nichols College graduates earn more?

Nichols College graduates report a median $58,063 ten years after entry, $5,714 more than the $52,349 at Framingham State 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, Framingham State University or Nichols College?

Framingham State University: its completers carry a median $25,000 in federal loans versus $27,000 at Nichols College, a difference of $2,000. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

63% of students finish at Nichols College, against 48% at Framingham State 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.

Framingham State University vs Nichols College: frequently asked questions

Is Framingham State University or Nichols College a better value?
Nichols College. It clears its $132,144 net cost in about 13.6 years versus 16.2 years at Framingham State University, on median earnings of $58,063 vs $52,349 ten years out.
Which is cheaper, Framingham State University or Nichols College?
Framingham State University: $16,114/yr net price after aid versus $33,036/yr at Nichols College — a difference of $16,922 a year, or about $67,688 over four years.
Do Framingham State University or Nichols College graduates earn more?
Nichols College graduates earn a median $58,063 ten years after entry, versus $52,349 at Framingham State University — a $5,714 gap. This blends every major, so a specific field can flip it.