University of Indianapolis vs Hanover College: which has better ROI?
Hanover College has the better ROI: it clears its 4-year net cost of $87,316 in 15.6 years versus 16.5 years at University of Indianapolis, on median earnings of $53,957 vs $53,610 ten years out. (Scorecard, 2026 · our math.)
| Measure | University of Indianapolis | Hanover College |
|---|---|---|
| Net price / yr | $21,602 | $21,829 |
| Total net cost | $86,408 | $87,316 |
| Median earnings, 10 yrs | $53,610 | $53,957 |
| Median debt | $26,864 | $25,250 |
| Payback | 16.5 yrs | 15.6 yrs |
| 20-year net return | $18,592 | $24,624 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, University of Indianapolis or Hanover College?
University of Indianapolis, at $21,602 a year after aid versus $21,829 — a gap of $227 a year, or $908 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 Indianapolis or Hanover College graduates earn more?
Hanover College graduates report a median $53,957 ten years after entry, $347 more than the $53,610 at University of Indianapolis. 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 Indianapolis or Hanover College?
Hanover College: its completers carry a median $25,250 in federal loans versus $26,864 at University of Indianapolis, a difference of $1,614. 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 56% at University of Indianapolis. 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.