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Elgin, IL · Private University

Is Elgin Community College Worth It?

ROI analysis based on real earnings and cost data

Strong ROIRanked #618 of 3,472 schools by ROI

Key Numbers

10-Year Earnings

$45,516

median, 10 years after enrollment

In-State Tuition

$3,180

per year

Out-of-State Tuition

$9,516

per year

Total 4-Year Cost

$38,064

tuition only (4 years)

ROI Ratio

4.78x

earnings ÷ annual tuition

Payback Period

3.6 yrs

years to recoup total cost

Median Debt

$7,390

at graduation

Avg Net Price

$5,778

after aid & scholarships

Earnings vs. Annual Cost

10-year median earnings compared to annual tuition

Median Earnings (10yr)$45,516
Annual Tuition$9,516
National Median Earnings$45,000

Elgin Community College graduates earn $516 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

Under $30,000$4,316/yr
$30,000 – $48,000$4,762/yr
$48,000 – $75,000$6,320/yr
$75,000 – $110,000$8,287/yr
Over $110,000$8,866/yr

Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.

The Bottom Line

Elgin Community College stands out as a strong financial investment among U.S. colleges. Graduates earn $45,516 10 years after starting, $516 above the national median of $45,000. The investment pays for itself in roughly 3.6 years, faster than most colleges.

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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.