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The New School vs Alfred University: which has better ROI?

Private nonprofit, New York NY · vs · Private nonprofit, Alfred NY

The verdict

Alfred University has the better ROI: it clears its 4-year net cost of $102,480 in 15.7 years versus 51.7 years at The New School, on median earnings of $54,897 vs $52,901 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureThe New SchoolAlfred University
Net price / yr$58,741$25,620
Total net cost$234,964$102,480
Median earnings, 10 yrs$52,901$54,897
Median debt$22,266$26,000
Payback51.7 yrs15.7 yrs
20-year net return-$144,144$28,260

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

Which is cheaper, The New School or Alfred University?

Alfred University, at $25,620 a year after aid versus $58,741 — a gap of $33,121 a year, or $132,484 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do The New School or Alfred University graduates earn more?

Alfred University graduates report a median $54,897 ten years after entry, $1,996 more than the $52,901 at The New School. 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, The New School or Alfred University?

The New School: its completers carry a median $22,266 in federal loans versus $26,000 at Alfred University, a difference of $3,734. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

69% of students finish at The New School, against 57% at Alfred 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.

The New School vs Alfred University: frequently asked questions

Is The New School or Alfred University a better value?
Alfred University. It clears its $102,480 net cost in about 15.7 years versus 51.7 years at The New School, on median earnings of $54,897 vs $52,901 ten years out.
Which is cheaper, The New School or Alfred University?
Alfred University: $25,620/yr net price after aid versus $58,741/yr at The New School — a difference of $33,121 a year, or about $132,484 over four years.
Do The New School or Alfred University graduates earn more?
Alfred University graduates earn a median $54,897 ten years after entry, versus $52,901 at The New School — a $1,996 gap. This blends every major, so a specific field can flip it.