Spring Arbor University vs Concordia University Ann Arbor: which has better ROI?
Concordia University Ann Arbor has the better ROI: it clears its 4-year net cost of $131,244 in 17 years versus 23 years at Spring Arbor University, on median earnings of $56,075 vs $51,732 ten years out. (Scorecard, 2026 · our math.)
| Measure | Spring Arbor University | Concordia University Ann Arbor |
|---|---|---|
| Net price / yr | $19,353 | $32,811 |
| Total net cost | $77,412 | $131,244 |
| Median earnings, 10 yrs | $51,732 | $56,075 |
| Median debt | $26,375 | $25,750 |
| Payback | 23 yrs | 17 yrs |
| 20-year net return | -$9,972 | $23,056 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Spring Arbor University or Concordia University Ann Arbor?
Spring Arbor University, at $19,353 a year after aid versus $32,811 — a gap of $13,458 a year, or $53,832 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Spring Arbor University or Concordia University Ann Arbor graduates earn more?
Concordia University Ann Arbor graduates report a median $56,075 ten years after entry, $4,343 more than the $51,732 at Spring Arbor 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, Spring Arbor University or Concordia University Ann Arbor?
Concordia University Ann Arbor: its completers carry a median $25,750 in federal loans versus $26,375 at Spring Arbor University, a difference of $625. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
64% of students finish at Spring Arbor University, against 48% at Concordia University Ann Arbor. 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.