Degree Dividend
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University of Indianapolis vs Manchester University: which has better ROI?

Private nonprofit, Indianapolis IN · vs · Private nonprofit, North Manchester IN

By the Degree Dividend editorial data teamEvery figure verified against its federal source — methodologyData updated June 2026

The verdict

University of Indianapolis has the better ROI: it clears its 4-year net cost of $86,408 in 16.5 years versus 23.9 years at Manchester University, on median earnings of $53,610 vs $51,504 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureUniversity of IndianapolisManchester University
Net price / yr$21,602$18,805
Total net cost$86,408$75,220
Median earnings, 10 yrs$53,610$51,504
Median debt$26,864$26,854
Payback16.5 yrs23.9 yrs
20-year net return$18,592-$12,340

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

Which is cheaper, University of Indianapolis or Manchester University?

Manchester University, at $18,805 a year after aid versus $21,602 — a gap of $2,797 a year, or $11,188 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 Manchester University graduates earn more?

University of Indianapolis graduates report a median $53,610 ten years after entry, $2,106 more than the $51,504 at Manchester 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, University of Indianapolis or Manchester University?

Manchester University: its completers carry a median $26,854 in federal loans versus $26,864 at University of Indianapolis, a difference of $10. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

56% of students finish at University of Indianapolis, against 46% at Manchester 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.

University of Indianapolis vs Manchester University: frequently asked questions

Is University of Indianapolis or Manchester University a better value?
University of Indianapolis. It clears its $86,408 net cost in about 16.5 years versus 23.9 years at Manchester University, on median earnings of $53,610 vs $51,504 ten years out.
Which is cheaper, University of Indianapolis or Manchester University?
Manchester University: $18,805/yr net price after aid versus $21,602/yr at University of Indianapolis — a difference of $2,797 a year, or about $11,188 over four years.
Do University of Indianapolis or Manchester University graduates earn more?
University of Indianapolis graduates earn a median $53,610 ten years after entry, versus $51,504 at Manchester University — a $2,106 gap. This blends every major, so a specific field can flip it.