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Evanston, IL · Private University

Is Northwestern University Worth It?

ROI analysis based on real earnings and cost data

Average ROIRanked #3160 of 3,472 schools by ROI

Key Numbers

10-Year Earnings

$89,363

median, 10 years after enrollment

In-State Tuition

$65,997

per year

Out-of-State Tuition

$65,997

per year

Total 4-Year Cost

$263,988

tuition only (4 years)

ROI Ratio

1.35x

earnings ÷ annual tuition

Payback Period

4.9 yrs

years to recoup total cost

Graduation Rate

95.9%

6-year graduation rate

Median Debt

$15,000

at graduation

Avg Net Price

$27,143

after aid & scholarships

Earnings vs. Annual Cost

10-year median earnings compared to annual tuition

Median Earnings (10yr)$89,363
Annual Tuition$65,997
National Median Earnings$45,000

Northwestern University graduates earn $44,363 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$1,243/yr
$30,000 – $48,000$3,373/yr
$48,000 – $75,000$6,485/yr
$75,000 – $110,000$14,059/yr
Over $110,000$48,837/yr

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

Highest-Earning Majors

Top programs at Northwestern University ranked by graduate earnings

1
Computer Science.$130,650

63 graduates

2
Biomedical/Medical Engineering.$108,516

47 graduates

3
Industrial Engineering.$107,105

49 graduates

4
Economics.$105,795

178 graduates

5
Information Science/Studies.$102,998

44 graduates

Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.

ROI by Major at Northwestern University

All available majors ranked by graduate earnings — your major matters as much as your school.

Your major matters more than your school

At Northwestern University, the gap between the highest-earning major (Computer Science: $130,650) and the lowest (Anthropology: $33,208) is $97,442/yr — bigger than the difference between many schools.

MajorEarningsROI
Computer ScienceBest ROI$130,6502.0x
Biomedical/Medical Engineering$108,5161.6x
Industrial Engineering$107,1051.6x
Economics$105,7951.6x
Information Science/Studies(1yr data)$102,9981.6x
Chemical Engineering$100,4441.5x
Applied Mathematics(1yr data)$94,6841.4x
Mechanical Engineering$92,1291.4x
Mathematics$85,5211.3x
Human Resources Management and Services(1yr data)$82,2551.3x
Statistics(1yr data)$77,9171.2x
Community Organization and Advocacy$77,7881.2x
Communication and Media Studies$77,0661.2x
International Relations and National Security Studies$73,1801.1x
Political Science and Government$71,0521.1x
Journalism$63,7401.0x
Psychology, General$61,3890.9x
History$60,8840.9x
Psychology, Other$59,4940.9x
Public Policy Analysis$51,8760.8x
English Language and Literature, General$50,7970.8x
Radio, Television, and Digital Communication$47,1620.7x
Sociology$45,4020.7x
Public Health(1yr data)$39,9560.6x
Music$39,9400.6x
Ethnic, Cultural Minority, Gender, and Group Studies(1yr data)$39,0120.6x
Drama/Theatre Arts and Stagecraft$36,4660.6x
Neurobiology and Neurosciences(1yr data)$35,3340.5x
AnthropologyLowest(1yr data)$33,2080.5x

Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.

How It Compares

ROI at similar schools

SchoolROI RatioEarningsVerdict
Northwestern University1.35x$89,363Average ROI
University of Chicago1.37x$91,885Average ROI
Washington University in St Louis1.37x$86,182Average ROI
University of Notre Dame1.59x$99,980Good ROI
Brown University1.37x$93,487Average ROI
Cornell University1.58x$104,043Good ROI

The Bottom Line

Northwestern University delivers returns in line with the national college average. Graduates earn $89,363 10 years after starting — $44,363 above the national median of $45,000. The investment pays for itself in roughly 4.9 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.