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Simpson College vs Mount Mercy University: which has better ROI?

Private nonprofit, Indianola IA · vs · Private nonprofit, Cedar Rapids IA

The verdict

Mount Mercy University has the better ROI: it clears its 4-year net cost of $80,672 in 6.5 years versus 8 years at Simpson College, on median earnings of $60,787 vs $59,274 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureSimpson CollegeMount Mercy University
Net price / yr$21,936$20,168
Total net cost$87,744$80,672
Median earnings, 10 yrs$59,274$60,787
Median debt$26,000$23,699
Payback8 yrs6.5 yrs
20-year net return$130,536$167,868

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

Which is cheaper, Simpson College or Mount Mercy University?

Mount Mercy University, at $20,168 a year after aid versus $21,936 — a gap of $1,768 a year, or $7,072 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Simpson College or Mount Mercy University graduates earn more?

Mount Mercy University graduates report a median $60,787 ten years after entry, $1,513 more than the $59,274 at Simpson College. 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, Simpson College or Mount Mercy University?

Mount Mercy University: its completers carry a median $23,699 in federal loans versus $26,000 at Simpson College, a difference of $2,301. 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 Simpson College, against 58% at Mount Mercy 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.

Simpson College vs Mount Mercy University: frequently asked questions

Is Simpson College or Mount Mercy University a better value?
Mount Mercy University. It clears its $80,672 net cost in about 6.5 years versus 8 years at Simpson College, on median earnings of $60,787 vs $59,274 ten years out.
Which is cheaper, Simpson College or Mount Mercy University?
Mount Mercy University: $20,168/yr net price after aid versus $21,936/yr at Simpson College — a difference of $1,768 a year, or about $7,072 over four years.
Do Simpson College or Mount Mercy University graduates earn more?
Mount Mercy University graduates earn a median $60,787 ten years after entry, versus $59,274 at Simpson College — a $1,513 gap. This blends every major, so a specific field can flip it.