Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

Manchester University vs Goshen College: which has better ROI?

Private nonprofit, North Manchester IN · vs · Private nonprofit, Goshen IN

The verdict

Goshen College has the better ROI: it clears its 4-year net cost of $57,972 in 16.2 years versus 23.9 years at Manchester University, on median earnings of $51,943 vs $51,504 ten years out. (Scorecard, 2026 · our math.)

Share
Head to head
MeasureManchester UniversityGoshen College
Net price / yr$18,805$14,493
Total net cost$75,220$57,972
Median earnings, 10 yrs$51,504$51,943
Median debt$26,854$22,974
Payback23.9 yrs16.2 yrs
20-year net return-$12,340$13,688

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

Which is cheaper, Manchester University or Goshen College?

Goshen College, at $14,493 a year after aid versus $18,805 — a gap of $4,312 a year, or $17,248 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Manchester University or Goshen College graduates earn more?

Goshen College graduates report a median $51,943 ten years after entry, $439 more than the $51,504 at Manchester 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, Manchester University or Goshen College?

Goshen College: its completers carry a median $22,974 in federal loans versus $26,854 at Manchester University, a difference of $3,880. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

65% of students finish at Goshen College, against 46% at Manchester 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.

Manchester University vs Goshen College: frequently asked questions

Is Manchester University or Goshen College a better value?
Goshen College. It clears its $57,972 net cost in about 16.2 years versus 23.9 years at Manchester University, on median earnings of $51,943 vs $51,504 ten years out.
Which is cheaper, Manchester University or Goshen College?
Goshen College: $14,493/yr net price after aid versus $18,805/yr at Manchester University — a difference of $4,312 a year, or about $17,248 over four years.
Do Manchester University or Goshen College graduates earn more?
Goshen College graduates earn a median $51,943 ten years after entry, versus $51,504 at Manchester University — a $439 gap. This blends every major, so a specific field can flip it.