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Indiana State University vs Aveda Fredric's Institute-Indianapolis: which has better ROI?

Public, Terre Haute IN · vs · Private for-profit, Carmel IN

The verdict

Indiana State University has the better ROI: it clears its 4-year net cost of $43,492 in 1610.8 years versus not at all at Aveda Fredric's Institute-Indianapolis, on median earnings of $48,387 vs $31,963 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureIndiana State UniversityAveda Fredric's Institute-Indianapolis
Net price / yr$10,873$24,096
Total net cost$43,492$96,384
Median earnings, 10 yrs$48,387$31,963
Median debt$24,000$7,389
Payback1610.8 yrs
20-year net return-$42,952-$424,324

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

Which is cheaper, Indiana State University or Aveda Fredric's Institute-Indianapolis?

Indiana State University, at $10,873 a year after aid versus $24,096 — a gap of $13,223 a year, or $52,892 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Indiana State University or Aveda Fredric's Institute-Indianapolis graduates earn more?

Indiana State University graduates report a median $48,387 ten years after entry, $16,424 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, Indiana State University or Aveda Fredric's Institute-Indianapolis?

Aveda Fredric's Institute-Indianapolis: its completers carry a median $7,389 in federal loans versus $24,000 at Indiana State University, a difference of $16,611. 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 43% at Indiana 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.

Indiana State University vs Aveda Fredric's Institute-Indianapolis: frequently asked questions

Is Indiana State University or Aveda Fredric's Institute-Indianapolis a better value?
Indiana State University. It clears its $43,492 net cost in about 1610.8 years versus no clear payback at Aveda Fredric's Institute-Indianapolis, on median earnings of $48,387 vs $31,963 ten years out.
Which is cheaper, Indiana State University or Aveda Fredric's Institute-Indianapolis?
Indiana State University: $10,873/yr net price after aid versus $24,096/yr at Aveda Fredric's Institute-Indianapolis — a difference of $13,223 a year, or about $52,892 over four years.
Do Indiana State University or Aveda Fredric's Institute-Indianapolis graduates earn more?
Indiana State University graduates earn a median $48,387 ten years after entry, versus $31,963 at Aveda Fredric's Institute-Indianapolis — a $16,424 gap. This blends every major, so a specific field can flip it.