Lookout Mountain, GA · Private University
Is Covenant College Worth It?
ROI analysis based on real earnings and cost data
Key Numbers
10-Year Earnings
$50,412
median, 10 years after enrollment
In-State Tuition
$40,464
per year
Out-of-State Tuition
$40,464
per year
Total 4-Year Cost
$161,856
tuition only (4 years)
ROI Ratio
1.25x
earnings ÷ annual tuition
Payback Period
10.5 yrs
years to recoup total cost
Graduation Rate
71.9%
6-year graduation rate
Median Debt
$22,500
at graduation
Avg Net Price
$24,832
after aid & scholarships
Earnings vs. Annual Cost
10-year median earnings compared to annual tuition
Covenant College graduates earn $5,412 more than the national median of workers with any education level.
What You'd Actually Pay
Average net price after grants and scholarships, by family income
Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.
Highest-Earning Majors
Top programs at Covenant College ranked by graduate earnings
19 graduates
19 graduates
Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.
ROI by Major at Covenant College
All available majors ranked by graduate earnings. Your major matters as much as your school.
| Major | Earnings | ROI |
|---|---|---|
| Business/Commerce, GeneralBest ROI(1yr data) | $46,628 | 1.1x |
| Psychology, General(1yr data) | $28,180 | 0.7x |
Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.
The Bottom Line
Covenant College delivers returns in line with the national college average. Graduates earn $50,412 10 years after starting, $5,412 above the national median of $45,000. At the current earnings trajectory, it takes approximately 10.5 years to recover the total cost of attendance.
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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.