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University of New England vs Bates College: which has better ROI?

Private nonprofit, Biddeford ME · vs · Private nonprofit, Lewiston ME

The verdict

Bates College has the better ROI: it clears its 4-year net cost of $117,404 in 5.6 years versus 20.2 years at University of New England, on median earnings of $69,498 vs $55,921 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureUniversity of New EnglandBates College
Net price / yr$38,107$29,351
Total net cost$152,428$117,404
Median earnings, 10 yrs$55,921$69,498
Median debt$25,250$14,275
Payback20.2 yrs5.6 yrs
20-year net return-$1,208$305,356

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

Which is cheaper, University of New England or Bates College?

Bates College, at $29,351 a year after aid versus $38,107 — a gap of $8,756 a year, or $35,024 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 New England or Bates College graduates earn more?

Bates College graduates report a median $69,498 ten years after entry, $13,577 more than the $55,921 at University of New England. 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 New England or Bates College?

Bates College: its completers carry a median $14,275 in federal loans versus $25,250 at University of New England, a difference of $10,975. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

90% of students finish at Bates College, against 68% at University of New England. 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 New England vs Bates College: frequently asked questions

Is University of New England or Bates College a better value?
Bates College. It clears its $117,404 net cost in about 5.6 years versus 20.2 years at University of New England, on median earnings of $69,498 vs $55,921 ten years out.
Which is cheaper, University of New England or Bates College?
Bates College: $29,351/yr net price after aid versus $38,107/yr at University of New England — a difference of $8,756 a year, or about $35,024 over four years.
Do University of New England or Bates College graduates earn more?
Bates College graduates earn a median $69,498 ten years after entry, versus $55,921 at University of New England — a $13,577 gap. This blends every major, so a specific field can flip it.