University of Evansville vs Hanover College: which has better ROI?
University of Evansville has the better ROI: it clears its 4-year net cost of $73,996 in 13.7 years versus 15.6 years at Hanover College, on median earnings of $53,770 vs $53,957 ten years out. (Scorecard, 2026 · our math.)
| Measure | University of Evansville | Hanover College |
|---|---|---|
| Net price / yr | $18,499 | $21,829 |
| Total net cost | $73,996 | $87,316 |
| Median earnings, 10 yrs | $53,770 | $53,957 |
| Median debt | $24,606 | $25,250 |
| Payback | 13.7 yrs | 15.6 yrs |
| 20-year net return | $34,204 | $24,624 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, University of Evansville or Hanover College?
University of Evansville, at $18,499 a year after aid versus $21,829 — a gap of $3,330 a year, or $13,320 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do University of Evansville or Hanover College graduates earn more?
Hanover College graduates report a median $53,957 ten years after entry, $187 more than the $53,770 at University of Evansville. 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, University of Evansville or Hanover College?
University of Evansville: its completers carry a median $24,606 in federal loans versus $25,250 at Hanover College, a difference of $644. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
67% of students finish at Hanover College, against 64% at University of Evansville. 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.