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University of Indianapolis vs University of Evansville: which has better ROI?

Private nonprofit, Indianapolis IN · vs · Private nonprofit, Evansville IN

The verdict

University of Evansville has the better ROI: it clears its 4-year net cost of $73,996 in 13.7 years versus 16.5 years at University of Indianapolis, on median earnings of $53,770 vs $53,610 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureUniversity of IndianapolisUniversity of Evansville
Net price / yr$21,602$18,499
Total net cost$86,408$73,996
Median earnings, 10 yrs$53,610$53,770
Median debt$26,864$24,606
Payback16.5 yrs13.7 yrs
20-year net return$18,592$34,204

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

Which is cheaper, University of Indianapolis or University of Evansville?

University of Evansville, at $18,499 a year after aid versus $21,602 — a gap of $3,103 a year, or $12,412 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 University of Evansville graduates earn more?

University of Evansville graduates report a median $53,770 ten years after entry, $160 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 University of Evansville?

University of Evansville: its completers carry a median $24,606 in federal loans versus $26,864 at University of Indianapolis, a difference of $2,258. 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 University of Evansville, 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.

University of Indianapolis vs University of Evansville: frequently asked questions

Is University of Indianapolis or University of Evansville a better value?
University of Evansville. It clears its $73,996 net cost in about 13.7 years versus 16.5 years at University of Indianapolis, on median earnings of $53,770 vs $53,610 ten years out.
Which is cheaper, University of Indianapolis or University of Evansville?
University of Evansville: $18,499/yr net price after aid versus $21,602/yr at University of Indianapolis — a difference of $3,103 a year, or about $12,412 over four years.
Do University of Indianapolis or University of Evansville graduates earn more?
University of Evansville graduates earn a median $53,770 ten years after entry, versus $53,610 at University of Indianapolis — a $160 gap. This blends every major, so a specific field can flip it.