Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

North Carolina State University at Raleigh vs Elon University: which has better ROI?

Public, Raleigh NC · vs · Private nonprofit, Elon NC

The verdict

North Carolina State University at Raleigh has the better ROI: it clears its 4-year net cost of $69,212 in 3.4 years versus 6.3 years at Elon University, on median earnings of $68,758 vs $74,545 ten years out. (Scorecard, 2026 · our math.)

Share
Head to head
MeasureNorth Carolina State University at RaleighElon University
Net price / yr$17,303$41,555
Total net cost$69,212$166,220
Median earnings, 10 yrs$68,758$74,545
Median debt$20,121$20,500
Payback3.4 yrs6.3 yrs
20-year net return$338,748$357,480

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

Which is cheaper, North Carolina State University at Raleigh or Elon University?

North Carolina State University at Raleigh, at $17,303 a year after aid versus $41,555 — a gap of $24,252 a year, or $97,008 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do North Carolina State University at Raleigh or Elon University graduates earn more?

Elon University graduates report a median $74,545 ten years after entry, $5,787 more than the $68,758 at North Carolina State University at Raleigh. 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, North Carolina State University at Raleigh or Elon University?

North Carolina State University at Raleigh: its completers carry a median $20,121 in federal loans versus $20,500 at Elon University, a difference of $379. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

85% of students finish at North Carolina State University at Raleigh, against 84% at Elon 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.

North Carolina State University at Raleigh vs Elon University: frequently asked questions

Is North Carolina State University at Raleigh or Elon University a better value?
North Carolina State University at Raleigh. It clears its $69,212 net cost in about 3.4 years versus 6.3 years at Elon University, on median earnings of $68,758 vs $74,545 ten years out.
Which is cheaper, North Carolina State University at Raleigh or Elon University?
North Carolina State University at Raleigh: $17,303/yr net price after aid versus $41,555/yr at Elon University — a difference of $24,252 a year, or about $97,008 over four years.
Do North Carolina State University at Raleigh or Elon University graduates earn more?
Elon University graduates earn a median $74,545 ten years after entry, versus $68,758 at North Carolina State University at Raleigh — a $5,787 gap. This blends every major, so a specific field can flip it.