Hanover, IN · Private University
Is Hanover College Worth It?
ROI analysis based on real earnings and cost data
Key Numbers
10-Year Earnings
$53,957
median, 10 years after enrollment
In-State Tuition
$42,894
per year
Out-of-State Tuition
$42,894
per year
Total 4-Year Cost
$171,576
tuition only (4 years)
ROI Ratio
1.26x
earnings ÷ annual tuition
Payback Period
9.1 yrs
years to recoup total cost
Graduation Rate
63.6%
6-year graduation rate
Median Debt
$25,250
at graduation
Avg Net Price
$21,826
after aid & scholarships
Earnings vs. Annual Cost
10-year median earnings compared to annual tuition
Hanover College graduates earn $8,957 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 Hanover College ranked by graduate earnings
19 graduates
23 graduates
36 graduates
22 graduates
18 graduates
Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.
ROI by Major at Hanover College
All available majors ranked by graduate earnings. Your major matters as much as your school.
| Major | Earnings | ROI |
|---|---|---|
| EconomicsBest ROI | $65,657 | 1.5x |
| Health and Physical Education/Fitness | $46,500 | 1.1x |
| Communication and Media Studies | $46,181 | 1.1x |
| Biology, General | $44,028 | 1.0x |
| Psychology, GeneralLowest | $41,774 | 1.0x |
Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.
The Bottom Line
Hanover College delivers returns in line with the national college average. Graduates earn $53,957 10 years after starting, $8,957 above the national median of $45,000. Graduates typically break even on their investment within 9.1 years, a reasonable timeline.
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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.