2022/23 Academic Year
College applicants and their families face not just a big life choice and the challenge of being accepted to schools, they face a complicated maze of information on how much their college career will cost. This report will allow you to know the true costs of colleges, so that you can finance a college degree and set up a successful post-graduate life.
- Apply to colleges which you know you can afford
- Plan financially and save and borrow the right amount to fund costs across all years of the program
- Once accepted, better understand the financial context of your financial aid offer and the scope for any negotiations with the college on their proposed cost
This report also provides some of the basics on how the prices you will pay for colleges are set as well as objective cost data about popular schools for students residing in your state. These numbers are based on reported figures by the colleges themselves with projections to account for future price changes.
The information will not indicate exactly how much each student will pay your college. But it will give a broadly accurate and readily understandable general idea, allowing you to compare colleges in financial terms and to plan for a successful college journey.
How college costs work
- Advertised college tuition prices are often far higher than what the typical student pays. Many colleges offer significant discounts to this headline tuition depending on an applicant’s
- family financial income & assets
- demographics
- academic record
- and decisions made by the college’s admissions or enrollment offices
- Comparing college costs on an apples-to-apples basis is difficult and time consuming. College net price calculators are often outdated and don’t reflect true costs.
- When an applicant is accepted to a college, they will receive a financial aid award letter highlighting what their costs will be if they enroll. These awards all differ by student.
- Cost information provided by colleges and other sources often deduct loans from the cost, unlike most other consumer purchases you make
- Most state colleges and universities have essentially two pricing processes, one for in-state and one for out-of-state students.
- Applying early increases your chances of getting into a given college but also increases your cost by lowering, often significantly, the amount of financial aid you will be offered.
Contents
- Average costs for popular in- and out-of-state schools
- Community Colleges
- College pricing and the Expected Family Contribution
- Ways to reduce college costs
- Scenarios showing projected costs by college for 7 representative families with different incomes and financial profiles
- Scenario: Students with families with an average of $15,000 in annual income (<$10,000 in financial assets and home equity of <$40,000)
- Scenario: Students with families with an average of $40,000 in annual income ($10,000 in financial assets and home equity of approximately $50,000)
- Scenario: Students with families with an average of $60,000 in annual income ($20,000 in financial assets and home equity of approximately $90,000)
- Scenario: Students with families with an average of $90,000 in annual income ($200,000 in financial assets and home equity of approximately $120,000)
- Scenario: Students with families with an average of $150,000 in annual income ($250,000 in financial assets and home equity of approximately $150,000)
- Scenario: Students with families with an average of $200,000 in annual income ($500,000 in financial assets and home equity of approximately $200,000)
- Scenario: Students with families with an average of $300,000 in annual income ($950,000 in financial assets and home equity of approximately $350,000)
- Online or Distance Schools
- Glossary
In-state colleges, by average cost
The average net cost found here represents a projected average amount entering freshmen will pay for tuition, room & board, fees, books & other course materials. Net costs are not reduced by loans, which represent an obligation and are not a price reduction. The analogy here is buying a house or condo, where the cost is not reduced because you take out a mortgage to finance the purchase.
College | City | Full-time students | Admissions % | SAT ACT blended 25th percentile | % students paying discounted tuition | Average annual net cost |
---|---|---|---|---|---|---|
Art Institute of Chicago | Chicago | 2,804 | 57 | 1110 | 91 | 52,500 |
Augustana | Rock Island | 2,534 | 57 | 100 | 25,000 | |
Aurora | Aurora | 3,679 | 87 | 960 | 100 | 24,000 |
Southwestern Illinois | Belleville | 3,496 | 100 | 18 | 16,500 | |
Black Hawk | Moline | 1,562 | 100 | 30 | 14,000 | |
Bradley | Peoria | 4,508 | 70 | 1090 | 100 | 27,000 |
Chicago State | Chicago | 1,361 | 63 | 890 | 44 | 9,500 |
U of Chicago | Chicago | 6,846 | 6 | 1470 | 51 | 57,500 |
Chicago CC-Kennedy-King | Chicago | 1,369 | 100 | 13 | 15,500 | |
Chicago CC-Malcolm X | Chicago | 3,111 | 100 | 22 | 15,000 | |
Chicago CC-Harry S Truman | Chicago | 1,285 | 100 | 24 | 15,500 | |
Chicago CC-Richard J Daley | Chicago | 2,048 | 100 | 21 | 16,000 | |
Chicago CC-Har Washington | Chicago | 3,865 | 100 | 19 | 15,000 | |
Chicago CC-Wilbur Wright | Chicago | 3,078 | 100 | 25 | 15,500 | |
Columbia Chicago | Chicago | 6,252 | 90 | 91 | 35,000 | |
Concordia-Chicago | River Forest | 1,404 | 75 | 1010 | 100 | 20,000 |
DePaul | Chicago | 12,784 | 68 | 98 | 34,000 | |
DuPage | Glen Ellyn | 7,793 | 100 | 8 | 18,500 | |
Eastern Illinois | Charleston | 3,990 | 53 | 940 | 77 | 15,500 |
Elgin CC | Elgin | 3,212 | 100 | 11 | 17,000 | |
Elmhurst | Elmhurst | 2,722 | 68 | 1000 | 100 | 26,500 |
Governors State | University Park | 1,918 | 46 | 850 | 23 | 21,000 |
Illinois-Chicago Circle | Chicago | 20,195 | 73 | 1040 | 62 | 22,500 |
Benedictine | Lisle | 2,131 | 42 | 980 | 100 | 29,000 |
Illinois-Urbana | Champaign | 32,854 | 59 | 1210 | 48 | 23,000 |
Illinois Wesleyan | Bloomington | 1,616 | 61 | 1140 | 99 | 29,500 |
Illinois Central | East Peoria | 2,905 | 100 | 26 | 16,000 | |
IIT | Chicago | 2,882 | 60 | 1200 | 100 | 29,000 |
Illinois State | Normal | 17,092 | 82 | 1020 | 67 | 22,500 |
Illinois Valley CC | Oglesby | 1,099 | 100 | 7 | 16,500 | |
John A Logan | Carterville | 1,736 | 100 | 18 | 9,000 | |
Joliet Junior | Joliet | 4,690 | 100 | 7 | 21,500 | |
Kaskaskia | Centralia | 1,295 | 100 | 25 | 14,000 | |
Kishwaukee | Malta | 1,109 | 100 | 17 | 12,500 | |
Knox | Galesburg | 1,223 | 68 | 1110 | 99 | 22,000 |
Lake County | Grayslake | 4,140 | 100 | 12 | 14,000 | |
Lake Forest | Lake Forest | 1,517 | 55 | 98 | 26,500 | |
Lake Land | Mattoon | 2,082 | 100 | 41 | 9,000 | |
Lewis and Clark CC | Godfrey | 1,690 | 100 | 14 | 15,500 | |
Lewis | Romeoville | 3,542 | 64 | 1030 | 100 | 24,500 |
Lincoln Land CC | Springfield | 2,177 | 100 | 9 | 12,000 | |
Loyola Chicago | Chicago | 11,622 | 67 | 1150 | 98 | 39,000 |
McHenry County | Crystal Lake | 2,093 | 100 | 1 | 25,000 | |
McKendree | Lebanon | 1,484 | 63 | 900 | 100 | 22,500 |
Millikin | Decatur | 1,919 | 71 | 970 | 100 | 22,000 |
Moody Bible Institute | Chicago | 1,769 | 94 | 980 | 88 | 17,500 |
Moraine Valley CC | Palos Hills | 5,138 | 100 | 4 | 14,500 | |
Morton | Cicero | 1,162 | 100 | 17 | 18,500 | |
National Louis | Chicago | 2,370 | 98 | 6 | 21,500 | |
North Central College | Naperville | 2,538 | 54 | 1040 | 100 | 26,500 |
North Park | Chicago | 1,723 | 48 | 980 | 99 | 25,000 |
Northern Illinois | Dekalb | 10,567 | 48 | 950 | 92 | 21,500 |
Northwestern | Evanston | 8,284 | 9 | 1430 | 57 | 48,000 |
Northeastern Illinois | Chicago | 3,294 | 58 | 910 | 23 | 23,000 |
Oakton CC | Des Plaines | 2,408 | 100 | 16 | 18,500 | |
Olivet Nazarene | Bourbonnais | 2,855 | 58 | 970 | 100 | 21,000 |
Parkland | Champaign | 2,654 | 100 | 10 | 16,000 | |
Prairie State | Chicago Heights | 1,254 | 100 | 11 | 15,000 | |
Rend Lake | Ina | 1,123 | 100 | 44 | 13,000 | |
Robert Morris Illinois | Chicago | 1,452 | 63 | 88 | 31,500 | |
Rock Valley | Rockford | 2,728 | 100 | 4 | 16,000 | |
Roosevelt | Chicago | 1,965 | 67 | 1020 | 93 | 27,000 |
Dominican | River Forest | 2,011 | 64 | 990 | 100 | 24,000 |
St Francis | Joliet | 1,424 | 46 | 1030 | 100 | 22,000 |
St Xavier | Chicago | 2,725 | 73 | 970 | 100 | 22,000 |
Illinois-Springfield | Springfield | 1,853 | 77 | 1000 | 85 | 17,000 |
S Illinois-Carbondale | Carbondale | 7,150 | 66 | 1030 | 83 | 18,000 |
S Illinois-Edwardsville | Edwardsville | 8,615 | 86 | 1030 | 83 | 18,500 |
South Suburban | South Holland | 1,051 | 100 | 61 | 9,500 | |
Triton | River Grove | 2,915 | 100 | 15 | 15,500 | |
Waubonsee CC | Sugar Grove | 2,577 | 100 | 14 | 18,000 | |
Western Illinois | Macomb | 5,151 | 57 | 950 | 53 | 17,500 |
Wheaton | Wheaton | 2,328 | 85 | 1230 | 87 | 31,000 |
William Rainey Harper | Palatine | 4,519 | 100 | 9 | 21,500 | |
Heartland CC | Normal | 1,832 | 100 | 17 | 17,000 | |
American InterContinental | Hoffman Estates | 8,315 | 100 | 17 | 14,000 | |
Chamberlain-Illinois | Addison | 2,771 | 100 | 8 | 26,000 |
Notes on figures
- Net cost is a consumer-centric metric comparable to what cost means in business transactions outside of higher education. It represents a student’s cost of attending college including: tuition, room & board, fees and estimates of supplies less institutional aid of all kinds (including need-based and merit), and less federal and state/local aid. Loans and other repayable amounts are excluded and do not reduce the cost. Room and board uses on-campus costs; for students attending nonresidential institutions, the college’s own estimate of such off-campus costs is used. Total average net cost for all students allocates in- and out-of-state costs in proportion to attendance. Net cost differs from the Net Price figure self-reported by colleges to the NCES because it is comprehensive and covers all students, including the approximately 40% not covered by Net Price calculations.
- CC = Community College
- Number of undergraduates represent all enrolled full-time students as of 2018/19.
- % of Applicants admitted from 2019/20.
- The SAT score is intended to give a very rough idea of the academic level of entering students. This number shows the 25thpercentile of enrolled students out of 100% and adds together the verbal and math SAT and ACT scores using the ACT/SAT concordance formula developed by ACT and the College Board. The maximum possible score is 1600.
- The “% of students receiving discounts” is the 2018/19 figure showing what % of enrolled students are receiving price discounts from their colleges. This % does not include aid from the government, such as Pell grants, or other federal or state aid. It also does not include students borrowing to pay for college.
- These comments all apply to tables later in this report except where noted.
Popular out-of-state colleges, by average cost
College | City | State | Full-time students | Admissions % | SAT ACT blended 25th percentile | % students paying discounted tuition | Avg. annual net cost |
---|---|---|---|---|---|---|---|
Alabama | Tuscaloosa | AL | 29,135 | 83 | 1110 | 56 | 33,000 |
Ball State | Muncie | IN | 14,693 | 77 | 60 | 25,500 | |
Ivy Tech CC | Indianapolis | IN | 21,242 | 100 | 15 | 14,500 | |
Purdue Ft Wayne | Fort Wayne | IN | 5,370 | 81 | 970 | 78 | 27,000 |
IUPU-Indianapolis | Indianapolis | IN | 17,630 | 81 | 990 | 65 | 28,000 |
Southern Indiana | Evansville | IN | 6,133 | 93 | 990 | 63 | 27,500 |
Indiana State | Terre Haute | IN | 8,105 | 90 | 67 | 31,000 | |
IU-Bloomington | Bloomington | IN | 31,981 | 78 | 1160 | 71 | 41,000 |
Notre Dame | Notre Dame | IN | 8,708 | 16 | 590 | 55 | 51,500 |
Des Moines Area CC | Ankeny | IA | 6,146 | 100 | 21 | 15,500 | |
Iowa State | Ames | IA | 26,713 | 92 | 1080 | 79 | 27,000 |
Iowa | Iowa City | IA | 21,212 | 83 | 1090 | 57 | 36,000 |
Kirkwood CC | Cedar Rapids | IA | 5,084 | 100 | 25 | 12,500 | |
Northern Iowa | Cedar Falls | IA | 8,228 | 79 | 1000 | 64 | 23,500 |
St Ambrose | Davenport | IA | 2,122 | 77 | 1030 | 100 | 26,000 |
Kansas | Lawrence | KS | 17,257 | 93 | 1100 | 73 | 30,000 |
Kansas State | Manhattan | KS | 15,548 | 95 | 77 | 23,500 | |
Eastern Kentucky | Richmond | KY | 9,908 | 94 | 1030 | 65 | 19,500 |
Kentucky | Lexington | KY | 20,622 | 96 | 1110 | 77 | 36,000 |
Louisville | Louisville | KY | 11,560 | 69 | 1100 | 80 | 28,000 |
Morehead State | Morehead | KY | 5,393 | 78 | 1030 | 74 | 17,000 |
Murray State | Murray | KY | 6,190 | 82 | 1060 | 89 | 31,000 |
Northern Kentucky | Highland Heights | KY | 8,243 | 90 | 1030 | 83 | 26,500 |
Western Kentucky | Bowling Green | KY | 11,815 | 97 | 1030 | 69 | 32,000 |
Central Michigan | Mount Pleasant | MI | 12,798 | 70 | 990 | 90 | 22,000 |
Eastern Michigan | Ypsilanti | MI | 10,572 | 74 | 970 | 91 | 34,500 |
Ferris State | Big Rapids | MI | 7,779 | 87 | 930 | 72 | 15,000 |
Grand Valley State | Allendale | MI | 18,810 | 83 | 1060 | 71 | 16,000 |
Macomb CC | Warren | MI | 6,045 | 100 | 12 | 15,000 | |
Michigan-Ann Arbor | Ann Arbor | MI | 30,204 | 23 | 1350 | 52 | 53,000 |
Michigan State | East Lansing | MI | 35,722 | 71 | 1120 | 48 | 39,500 |
Michigan Technological | Houghton | MI | 5,383 | 74 | 1180 | 93 | 30,000 |
Michigan-Dearborn | Dearborn | MI | 5,051 | 62 | 1070 | 81 | 30,500 |
Northern Michigan | Marquette | MI | 6,191 | 66 | 980 | 73 | 26,500 |
Oakland | Rochester Hills | MI | 12,454 | 83 | 1020 | 88 | 24,000 |
Saginaw Valley State | University Center | MI | 6,348 | 73 | 980 | 95 | 32,500 |
Wayne State | Detroit | MI | 13,107 | 73 | 1020 | 94 | 27,500 |
Western Michigan | Kalamazoo | MI | 14,558 | 80 | 990 | 49 | 26,500 |
Minnesota State-Mankato | Mankato | MN | 10,413 | 63 | 1000 | 29 | 25,000 |
Minnesota | Minneapolis | MN | 29,939 | 57 | 1210 | 59 | 37,500 |
Central Missouri | Warrensburg | MO | 6,688 | 65 | 980 | 62 | 20,500 |
Ozarks Tech CC | Springfield | MO | 5,430 | 100 | 10 | 10,000 | |
Lindenwood | Saint Charles | MO | 5,000 | 88 | 990 | 99 | 18,000 |
Metropolitan CC-Kansas City | Lees Summit | MO | 6,522 | 100 | 9 | 13,500 | |
Missouri | Columbia | MO | 20,676 | 81 | 1140 | 77 | 27,500 |
Missouri-Kansas City | Kansas City | MO | 6,487 | 61 | 1030 | 73 | 34,000 |
Missouri Tech | Rolla | MO | 5,692 | 79 | 1210 | 81 | 16,500 |
Missouri-St Louis | St. Louis | MO | 5,098 | 73 | 1060 | 92 | 17,000 |
St Louis Univ | St. Louis | MO | 6,691 | 58 | 1180 | 97 | 31,500 |
St Louis CC | St. Louis | MO | 6,114 | 100 | 7 | 11,000 | |
SE Missouri State | Cape Girardeau | MO | 7,152 | 86 | 83 | 16,000 | |
Missouri State-Springfield | Springfield | MO | 14,005 | 88 | 1040 | 63 | 24,000 |
Washington U St Louis | St. Louis | MO | 7,139 | 14 | 1430 | 41 | 54,000 |
Nebraska | Lincoln | NE | 19,132 | 78 | 1080 | 82 | 28,500 |
Akron | Akron | OH | 11,641 | 73 | 980 | 76 | 22,000 |
Bowling Green State | Bowling Green | OH | 12,936 | 72 | 980 | 68 | 20,500 |
Cincinnati | Cincinnati | OH | 23,712 | 77 | 1140 | 56 | 33,500 |
Dayton | Dayton | OH | 8,046 | 72 | 1160 | 95 | 34,500 |
Kent State | Kent | OH | 18,432 | 86 | 1030 | 87 | 22,000 |
Miami U-Oxford | Oxford | OH | 16,682 | 80 | 1200 | 70 | 38,000 |
Ohio State | Columbus | OH | 42,776 | 54 | 1250 | 70 | 35,000 |
Ohio U | Athens | OH | 16,209 | 82 | 1030 | 81 | 22,500 |
Toledo | Toledo | OH | 12,548 | 96 | 1000 | 88 | 23,000 |
Memphis | Memphis | TN | 12,066 | 85 | 1030 | 79 | 31,000 |
Middle Tennessee State | Murfreesboro | TN | 15,721 | 94 | 1030 | 33 | 38,500 |
Tennessee | Knoxville | TN | 22,018 | 79 | 1170 | 54 | 45,500 |
West Virginia | Morgantown | WV | 19,369 | 84 | 1030 | 76 | 34,000 |
Marquette | Milwaukee | WI | 8,175 | 83 | 1160 | 100 | 34,000 |
UW-Whitewater | Whitewater | WI | 9,571 | 79 | 960 | 16 | 25,500 |
UW-Eau Claire | Eau Claire | WI | 9,780 | 82 | 1030 | 42 | 29,000 |
UW-La Crosse | La Crosse | WI | 9,098 | 73 | 1100 | 21 | 24,000 |
UW-Oshkosh | Oshkosh | WI | 8,541 | 76 | 960 | 10 | 22,000 |
UW-Stout | Menomonie | WI | 6,024 | 91 | 980 | 40 | 27,000 |
UW-Madison | Madison | WI | 30,157 | 54 | 1260 | 34 | 50,500 |
UW-Milwaukee | Milwaukee | WI | 17,456 | 77 | 980 | 23 | 36,000 |
UW-Platteville | Platteville | WI | 6,477 | 85 | 1000 | 48 | 25,500 |
UW-River Falls | River Falls | WI | 5,052 | 79 | 1000 | 45 | 24,000 |
UW-Stevens Point | Stevens Point | WI | 6,675 | 85 | 960 | 56 | 25,500 |
Purdue | West Lafayette | IN | 32,606 | 60 | 1200 | 43 | 39,500 |
Community Colleges
Community colleges are presented differently from 4-year colleges because of how they manage the prices they charge, such as offering discounted tuition to in-county residents, sometimes providing on-campus housing and sometimes not, and educating a larger proportion of part-time and distance (online) students. The “In-state Tuition, Fees and Supplies” number presented above, dating from 2018/19, is intended to remove these factors and make the prices easier to compare.
College | City | Full-time students | Part-time students | In-state tuition | Average annual net cost | BA degree offered | Residential dorms available | Room & board cost (in-state) |
---|---|---|---|---|---|---|---|---|
Southwestern Illinois | Belleville | 3,496 | 5,012 | 6,390 | 16,500 | - | ||
Black Hawk | Moline | 1,562 | 2,910 | 7,500 | 14,000 | - | ||
Chicago CC-Kennedy-King | Chicago | 1,369 | 1,041 | 9,216 | 15,500 | - | ||
Chicago CC-Malcolm X | Chicago | 3,111 | 3,886 | 9,216 | 15,000 | - | ||
Chicago CC-Harry S Truman | Chicago | 1,285 | 5,080 | 9,216 | 15,500 | - | ||
Chicago CC-Richard J Daley | Chicago | 2,048 | 4,473 | 9,216 | 16,000 | - | ||
Chicago CC-Har Washington | Chicago | 3,865 | 3,411 | 9,216 | 15,000 | - | ||
Chicago CC-Wilbur Wright | Chicago | 3,078 | 5,684 | 9,216 | 15,500 | - | ||
DuPage | Glen Ellyn | 7,793 | 16,110 | 9,720 | 18,500 | - | ||
Elgin CC | Elgin | 3,212 | 6,719 | 10,440 | 17,000 | - | ||
Illinois Central | East Peoria | 2,905 | 5,844 | 9,600 | 16,000 | - | ||
Illinois Valley CC | Oglesby | 1,099 | 1,742 | 11,032 | 16,500 | - | ||
John A Logan | Carterville | 1,736 | 2,008 | 5,506 | 9,000 | - | ||
Joliet Junior | Joliet | 4,690 | 9,628 | 12,570 | 21,500 | - | ||
Kaskaskia | Centralia | 1,295 | 1,953 | 7,530 | 14,000 | - | ||
Kishwaukee | Malta | 1,109 | 1,951 | 9,210 | 12,500 | - | ||
Lake County | Grayslake | 4,140 | 9,603 | 9,422 | 14,000 | - | ||
Lake Land | Mattoon | 2,082 | 2,384 | 7,954 | 9,000 | - | ||
Lewis and Clark CC | Godfrey | 1,690 | 4,723 | 9,552 | 15,500 | - | ||
Lincoln Land CC | Springfield | 2,177 | 3,269 | 6,576 | 12,000 | - | ||
McHenry County | Crystal Lake | 2,093 | 5,380 | 11,899 | 25,000 | - | ||
Moraine Valley CC | Palos Hills | 5,138 | 7,894 | 9,846 | 14,500 | - | ||
Morton | Cicero | 1,162 | 3,277 | 8,894 | 18,500 | - | ||
Oakton CC | Des Plaines | 2,408 | 5,675 | 10,446 | 18,500 | - | ||
Parkland | Champaign | 2,654 | 3,856 | 11,580 | 16,000 | - | ||
Prairie State | Chicago Heights | 1,254 | 2,589 | 9,342 | 15,000 | - | ||
Rend Lake | Ina | 1,123 | 1,164 | 6,000 | 13,000 | - | ||
Rock Valley | Rockford | 2,728 | 3,364 | 9,434 | 16,000 | - | ||
South Suburban | South Holland | 1,051 | 3,015 | 11,033 | 9,500 | - | ||
Triton | River Grove | 2,915 | 6,656 | 10,481 | 15,500 | - | ||
Waubonsee CC | Sugar Grove | 2,577 | 6,088 | 9,127 | 18,000 | - | ||
William Rainey Harper | Palatine | 4,519 | 8,958 | 9,942 | 21,500 | - | ||
Heartland CC | Normal | 1,832 | 3,142 | 9,240 | 17,000 | - |
Notes on figures
- Number of undergraduates represent all enrolled full-time and part-time students as of 2018/19.
- “In-state Tuition, Fees and Supplies” is a figure provided by the colleges covering full-time tuition, supplies and fees but NOT room & board. This is a cleaner way to compare community college pricing for several reasons. The proportion of tuition paid by Pell Grants depends on the Expected Family Contribution (EFC) and is determined by the federal government, not any decision by the college. Some but not all community colleges offer dormitories. Finally, the number of part-time students and the discounted tuition often granted to in-county students makes the comparison of net prices even more complex than for traditional 4-year colleges.
- The Average Net Cost figures used in this report extrapolate from data provided by the colleges themselves to the federal government and the public, projected to the current year. It represents full-time tuition and includes room & board, supplies, fees less aid and grants from the colleges and the government. It standardizes calculations across colleges and is comparable to the Net costs used for 4-year colleges. Individual student costs will vary based on circumstances, so this figure only provides guidance. This figure does have the benefit of showing you how much a typical community college student will spend.
- The cost of on-campus room & board dates from 2019/20 and is only presented for colleges providing residential housing. The schools’ estimates of off-campus housing costs are not included.
College pricing and the Expected Family Contribution
To receive any sort of aids and loans, US colleges require filing of the FAFSA (Free Application for Federal Student Aid), which calculates the Expected Family Contribution (the “EFC”). Discussions of college costs often make reference to the EFC, which is a federal statutory calculation that governs financing student college costs. It is NOT the same as the pricing, which is determined by supply and demand and the college’s own cost structure. To repeat, the cost of college is how much you will pay the college; the EFC determines your eligibility for loans or certain grants. Pricing; financing – two different things.
The charts below illustrate this distinction for a college with a “Cost of attendance” of $60,000. (The cost of attendance includes the full listed as-advertised tuition, room & board, estimated costs for materials and other fees.)
The College Board Big Future site offers a handy way to calculate this in advance of completing all the paperwork:
Note that the EFC will be renamed the Student Aid Index beginning in the 2023/24 academic year. The FAFSA filing after this change is expected to be much simpler and quicker to complete, but the fundamental formula is unchanged.
Federal Student Loans
Student loans are a complex topic outside of the scope of this report.
2021/2022 interest rates for the federal student loan program are:
- Direct (unsubsidized & subsidized): 3.73%.
- Direct PLUS is set at 6.28%.
- Private loan interest rate are set by the market, partly depend on the parents’ credit score and come in a variety of types.
Federal student loan interest rates are fixed and do not change after the initial borrowing. Because of the topic’s complexity, we recommend you go straight to the source and read the Department of Education site for more information:
A smaller group of mostly selective colleges also require submission of the CSS Profile in addition to FAFSA. The CSS Profile is a more detailed report on the financial profile of a student and their family. It is used in different ways by these colleges to assess how much students and their families should pay. One key difference between the FAFSA and CSS Profile schools is that the equity value of the home often (but not always) affects the level of financial aid offered.
The FAFSA and CSS Profile use prior year income for the initial FAFSA filing, so a 2021 senior’s FAFSA would depend on their 2019 earnings.
Decision and Early Action
Giving students discounts and breaks on full tuition is common business practice in higher education. Information about discounts granted to Early Decision and Early Action candidates is not compiled but a large amount of anecdotal evidence points to discounts for accepted students in Early Decision being much less generous than for the regular application period. So a student’s decision to apply Early Decision conveys to the college both their strong interest in attending and their willingness and ability to pay full costs. Applying through Early Action conveys strong interest but leaves latitude for negotiating financial aid. Because each student’s situation will be different, applicants are advised to think of the application process in part as a negotiation and to use the different application options as signals to the college.
Ways to save on college costs
There are a number of options beyond college choices to limit spending on college. The right choice depends on the student’s needs. They include:
- Studying for a year or two at a community college, institutions which are generally cheaper than 4-year programs, and then transferring into a Bachelor’s program.
- Completing credits at high school or via distance learning outside of actual college attendance
- Making sure to complete the bachelor’s program on time
- Applying for and obtaining scholarships
The first two will require acceptance of credits by the 4-year Bachelor’s program in which you ultimately enroll. While there are certain standards that apply in these scenarios, the ultimate decision will depend on the college accepting the student.
Fit
One important way to limit spending is to make sure the college you enroll in is a “fit.” When recruiting students, colleges are very focused on fit – on making sure that a college matches up well with a student’s personal and professional objectives. This is because fit helps both the student and the college. Lack of fit directly contributes to students dropping out or transferring to another school, both of which increase the costs of obtaining a degree. So proper matching of applications with schools is an important factor in college costs.
How to find scholarships and grants
The College Board’s Big Future and Sallie Mae’s Scholarship Search site are both excellent places to find information on scholarships:
Scholarships.com and Fastweb also both provide free searches of many scholarships:
Finally, two separate but similarly named sites, Collegescholarships.com and Collegescholarships.org, valuably provide lists of scholarships limited to residents of specific states, counties and municipalities.
Financial Scenarios
While the average costs above are an informative first cut, the impact of their family’s individual financial position on the amount a college charges a specific student is significant. The following section lays out a set of scenarios showing estimated costs for students with different family financial profiles. These are estimates and are intended as a baseline guide to help you decide on a short list of colleges to which to apply and to navigate the application and acceptance process with objective financial information.
Factors that increase or decrease the amount colleges charge a student:
- Family income
- Family financial assets
- Amount of equity in the family home (only selected colleges)
- Academic performance in high school, board scores
- Student’s demographic profile (including whether the parents have college degrees)
Other factors, such as whether other students in the household are also enrolled in college, marital status (married or not), and student income and savings play a generally smaller role.
Notes on figures
- For categories identical to those used to the in- and out-of-state average costs tables above, earlier comments apply.
- The colleges are ranked highest to lowest according to projected 2021/22 net cost.
- The “Full cost of a 4-year degree, Projected” represents an estimate of the total net costs for a class of ’25 student completing their Bachelor’s degree in 4 years.
- Scenarios 5, 6 and 7 assume a dual-earner married household with two children, the prospective college student who is a public high school senior and a younger sibling, with financial and home equity assets conforming to US government data on income and assets. The couple does not own their own business or investment real estate and is not the beneficiary of a trust. The prospective college student has no children, earned a small amount last year and is a dependent for IRS purposes. Once enrolled in college, the student would be enrolled full-time and live on campus.
- Disclaimer: These financial estimates represent informational projections that will change over time. They do not represents promises or commitments by CTAS or the colleges themselves. Final net cost numbers will differ from these estimates for many reasons.

Scenario
Students with families with an average of $15,000 in annual income. Families in this income range on average have <$10,000 in financial assets and home equity of <$40,000 (Federal Reserve Survey of Consumer Finances).
College City State Full-time students Admissions % % students paying discounted tuition Avg. annual net cost Total cost of degree
Alabama
Tuscaloosa
AL
29,135
83
56
30,500
125,500
Art Institute of Chicago
Chicago
IL
2,804
57
91
39,500
159,500
Augustana
Rock Island
IL
2,534
57
100
16,500
66,000
Aurora
Aurora
IL
3,679
87
100
15,000
62,000
Southwestern Illinois
Belleville
IL
3,496
100
18
6,500
13,000
Black Hawk
Moline
IL
1,562
100
30
4,000
8,000
Bradley
Peoria
IL
4,508
70
100
17,000
68,500
Chicago State
Chicago
IL
1,361
63
44
9,500
38,500
U of Chicago
Chicago
IL
6,846
6
51
3,000
13,000
Chicago CC-Kennedy-King
Chicago
IL
1,369
100
13
6,000
11,500
Chicago CC-Malcolm X
Chicago
IL
3,111
100
22
3,500
7,000
Chicago CC-Harry S Truman
Chicago
IL
1,285
100
24
4,500
8,500
Chicago CC-Richard J Daley
Chicago
IL
2,048
100
21
2,500
5,500
Chicago CC-Har Washington
Chicago
IL
3,865
100
19
3,000
5,500
Chicago CC-Wilbur Wright
Chicago
IL
3,078
100
25
2,500
5,000
Columbia Chicago
Chicago
IL
6,252
90
91
28,500
116,000
Concordia-Chicago
River Forest
IL
1,404
75
100
14,500
59,000
DePaul
Chicago
IL
12,784
68
98
26,000
105,500
DuPage
Glen Ellyn
IL
7,793
100
8
5,500
10,500
Eastern Illinois
Charleston
IL
3,990
53
77
11,000
44,000
Elgin CC
Elgin
IL
3,212
100
11
3,000
6,500
Elmhurst
Elmhurst
IL
2,722
68
100
17,000
67,500
Governors State
University Park
IL
1,918
46
23
15,000
60,500
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
11,000
45,500
Benedictine
Lisle
IL
2,131
42
100
22,500
90,500
Illinois-Urbana
Champaign
IL
32,854
59
48
6,000
24,500
Illinois Wesleyan
Bloomington
IL
1,616
61
99
18,500
75,500
Illinois Central
East Peoria
IL
2,905
100
26
8,000
16,500
IIT
Chicago
IL
2,882
60
100
17,500
71,000
Illinois State
Normal
IL
17,092
82
67
14,000
57,000
Illinois Valley CC
Oglesby
IL
1,099
100
7
5,000
9,500
John A Logan
Carterville
IL
1,736
100
18
6,000
12,000
Joliet Junior
Joliet
IL
4,690
100
7
4,000
8,500
Kaskaskia
Centralia
IL
1,295
100
25
6,500
13,000
Kishwaukee
Malta
IL
1,109
100
17
4,000
8,000
Knox
Galesburg
IL
1,223
68
99
15,000
58,500
Lake County
Grayslake
IL
4,140
100
12
4,000
7,500
Lake Forest
Lake Forest
IL
1,517
55
98
18,000
72,500
Lake Land
Mattoon
IL
2,082
100
41
3,500
6,500
Lewis and Clark CC
Godfrey
IL
1,690
100
14
2,500
5,000
Lewis
Romeoville
IL
3,542
64
100
13,000
51,500
Lincoln Land CC
Springfield
IL
2,177
100
9
4,000
8,500
Loyola Chicago
Chicago
IL
11,622
67
98
30,000
122,000
McHenry County
Crystal Lake
IL
2,093
100
1
5,500
11,000
McKendree
Lebanon
IL
1,484
63
100
16,500
67,500
Millikin
Decatur
IL
1,919
71
100
16,500
66,000
Moody Bible Institute
Chicago
IL
1,769
94
88
16,500
66,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
2,000
3,500
Morton
Cicero
IL
1,162
100
17
3,500
7,000
National Louis
Chicago
IL
2,370
98
6
11,500
46,000
North Central College
Naperville
IL
2,538
54
100
18,500
74,500
North Park
Chicago
IL
1,723
48
99
17,500
71,500
Northern Illinois
Dekalb
IL
10,567
48
92
18,000
73,000
Northwestern
Evanston
IL
8,284
9
57
5,000
21,000
Northeastern Illinois
Chicago
IL
3,294
58
23
15,500
64,000
Oakton CC
Des Plaines
IL
2,408
100
16
6,000
12,000
Olivet Nazarene
Bourbonnais
IL
2,855
58
100
15,500
62,500
Parkland
Champaign
IL
2,654
100
10
9,000
18,000
Prairie State
Chicago Heights
IL
1,254
100
11
7,000
14,000
Rend Lake
Ina
IL
1,123
100
44
5,500
11,500
Robert Morris Illinois
Chicago
IL
1,452
63
88
20,000
82,500
Rock Valley
Rockford
IL
2,728
100
4
7,000
13,500
Roosevelt
Chicago
IL
1,965
67
93
20,000
80,000
Dominican
River Forest
IL
2,011
64
100
17,500
70,500
St Francis
Joliet
IL
1,424
46
100
12,500
51,500
St Xavier
Chicago
IL
2,725
73
100
11,500
47,000
Illinois-Springfield
Springfield
IL
1,853
77
85
9,500
38,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
14,000
56,500
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
8,500
33,500
South Suburban
South Holland
IL
1,051
100
61
4,000
8,500
Triton
River Grove
IL
2,915
100
15
4,500
9,500
Waubonsee CC
Sugar Grove
IL
2,577
100
14
3,500
7,000
Western Illinois
Macomb
IL
5,151
57
53
14,000
56,000
Wheaton
Wheaton
IL
2,328
85
87
16,500
67,000
William Rainey Harper
Palatine
IL
4,519
100
9
6,500
12,500
Ball State
Muncie
IN
14,693
77
60
18,000
72,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
12,500
25,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
22,000
88,500
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
22,000
89,000
Southern Indiana
Evansville
IN
6,133
93
63
22,000
90,500
Indiana State
Terre Haute
IN
8,105
90
67
27,000
110,500
IU-Bloomington
Bloomington
IN
31,981
78
71
28,000
114,500
Notre Dame
Notre Dame
IN
8,708
16
55
8,500
34,500
Des Moines Area CC
Ankeny
IA
6,146
100
21
13,500
27,000
Iowa State
Ames
IA
26,713
92
79
14,500
60,500
Iowa
Iowa City
IA
21,212
83
57
25,500
104,000
Kirkwood CC
Cedar Rapids
IA
5,084
100
25
11,000
22,500
Northern Iowa
Cedar Falls
IA
8,228
79
64
17,500
69,500
St Ambrose
Davenport
IA
2,122
77
100
24,000
98,500
Kansas
Lawrence
KS
17,257
93
73
23,000
94,000
Kansas State
Manhattan
KS
15,548
95
77
18,500
74,500
Eastern Kentucky
Richmond
KY
9,908
94
65
16,500
68,000
Kentucky
Lexington
KY
20,622
96
77
25,000
103,500
Louisville
Louisville
KY
11,560
69
80
25,500
104,500
Morehead State
Morehead
KY
5,393
78
74
14,500
59,500
Murray State
Murray
KY
6,190
82
89
24,000
98,500
Northern Kentucky
Highland Heights
KY
8,243
90
83
12,000
49,000
Western Kentucky
Bowling Green
KY
11,815
97
69
30,500
125,000
Central Michigan
Mount Pleasant
MI
12,798
70
90
17,500
70,500
Eastern Michigan
Ypsilanti
MI
10,572
74
91
14,000
55,500
Ferris State
Big Rapids
MI
7,779
87
72
8,000
31,500
Grand Valley State
Allendale
MI
18,810
83
71
11,500
46,000
Macomb CC
Warren
MI
6,045
100
12
14,500
29,500
Michigan-Ann Arbor
Ann Arbor
MI
30,204
23
52
24,000
98,500
Michigan State
East Lansing
MI
35,722
71
48
30,500
124,500
Michigan Technological
Houghton
MI
5,383
74
93
21,500
88,000
Michigan-Dearborn
Dearborn
MI
5,051
62
81
24,000
97,500
Northern Michigan
Marquette
MI
6,191
66
73
22,500
93,500
Oakland
Rochester Hills
MI
12,454
83
88
17,500
71,000
Saginaw Valley State
University Center
MI
6,348
73
95
31,000
127,500
Wayne State
Detroit
MI
13,107
73
94
25,500
106,500
Western Michigan
Kalamazoo
MI
14,558
80
49
24,000
97,500
Minnesota State-Mankato
Mankato
MN
10,413
63
29
18,500
76,500
Minnesota
Minneapolis
MN
29,939
57
59
31,500
130,500
Central Missouri
Warrensburg
MO
6,688
65
62
16,500
68,000
Ozarks Tech CC
Springfield
MO
5,430
100
10
10,000
20,000
Lindenwood
Saint Charles
MO
5,000
88
99
14,500
59,000
Metropolitan CC-Kansas City
Lees Summit
MO
6,522
100
9
9,500
18,500
Missouri
Columbia
MO
20,676
81
77
18,500
75,500
Missouri-Kansas City
Kansas City
MO
6,487
61
73
27,500
111,500
Missouri Tech
Rolla
MO
5,692
79
81
12,000
48,000
Missouri-St Louis
St. Louis
MO
5,098
73
92
11,500
46,000
St Louis Univ
St. Louis
MO
6,691
58
97
20,000
80,000
St Louis CC
St. Louis
MO
6,114
100
7
10,000
20,000
SE Missouri State
Cape Girardeau
MO
7,152
86
83
11,500
46,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
19,500
79,500
Washington U St Louis
St. Louis
MO
7,139
14
41
6,000
23,500
Nebraska
Lincoln
NE
19,132
78
82
20,000
82,500
Akron
Akron
OH
11,641
73
76
18,000
72,000
Bowling Green State
Bowling Green
OH
12,936
72
68
16,500
67,000
Cincinnati
Cincinnati
OH
23,712
77
56
25,000
101,500
Dayton
Dayton
OH
8,046
72
95
23,000
92,500
Kent State
Kent
OH
18,432
86
87
17,000
70,500
Miami U-Oxford
Oxford
OH
16,682
80
70
21,500
87,500
Ohio State
Columbus
OH
42,776
54
70
24,000
98,500
Ohio U
Athens
OH
16,209
82
81
29,000
118,000
Toledo
Toledo
OH
12,548
96
88
18,000
74,000
Memphis
Memphis
TN
12,066
85
79
24,500
100,500
Middle Tennessee State
Murfreesboro
TN
15,721
94
33
26,500
108,500
Tennessee
Knoxville
TN
22,018
79
54
25,500
105,500
West Virginia
Morgantown
WV
19,369
84
76
25,500
104,000
Marquette
Milwaukee
WI
8,175
83
100
20,000
82,000
UW-Whitewater
Whitewater
WI
9,571
79
16
19,000
78,500
UW-Eau Claire
Eau Claire
WI
9,780
82
42
20,000
81,000
UW-La Crosse
La Crosse
WI
9,098
73
21
15,000
60,000
UW-Oshkosh
Oshkosh
WI
8,541
76
10
16,000
65,000
UW-Stout
Menomonie
WI
6,024
91
40
19,000
78,500
UW-Madison
Madison
WI
30,157
54
34
32,000
132,000
UW-Milwaukee
Milwaukee
WI
17,456
77
23
26,500
107,500
UW-Platteville
Platteville
WI
6,477
85
48
19,000
77,500
UW-River Falls
River Falls
WI
5,052
79
45
17,500
70,500
UW-Stevens Point
Stevens Point
WI
6,675
85
56
19,000
77,500
Purdue
West Lafayette
IN
32,606
60
43
15,500
62,500
Heartland CC
Normal
IL
1,832
100
17
8,500
17,000
American InterContinental
Hoffman Estates
IL
8,315
100
17
12,000
48,500
Chamberlain-Illinois
Addison
IL
2,771
100
8
20,000
80,500
2022-23 projected average net cost for selected colleges including both in- and out-of-state schools.
Scenario
Students with families with an average of $40,000 in annual income. Families in this income range on average have approximately $10,000 in financial assets and home equity of approximately $50,000 (Federal Reserve Survey of Consumer Finances).
College City State Full-time students Admissions % % students paying discounted tuition Avg. annual net cost Total cost of degree}
Alabama
Tuscaloosa
AL
29,135
83
56
32,500
133,000
Art Institute of Chicago
Chicago
IL
2,804
57
91
40,500
167,000
Augustana
Rock Island
IL
2,534
57
100
17,000
66,000
Aurora
Aurora
IL
3,679
87
100
14,500
63,000
Southwestern Illinois
Belleville
IL
3,496
100
18
7,000
15,000
Black Hawk
Moline
IL
1,562
100
30
5,000
11,000
Bradley
Peoria
IL
4,508
70
100
19,000
76,000
Chicago State
Chicago
IL
1,361
63
44
14,500
55,500
U of Chicago
Chicago
IL
6,846
6
51
5,000
20,000
Chicago CC-Kennedy-King
Chicago
IL
1,369
100
13
6,500
13,000
Chicago CC-Malcolm X
Chicago
IL
3,111
100
22
4,000
8,000
Chicago CC-Harry S Truman
Chicago
IL
1,285
100
24
5,000
9,500
Chicago CC-Richard J Daley
Chicago
IL
2,048
100
21
3,500
7,500
Chicago CC-Har Washington
Chicago
IL
3,865
100
19
3,500
7,000
Chicago CC-Wilbur Wright
Chicago
IL
3,078
100
25
3,500
7,000
Columbia Chicago
Chicago
IL
6,252
90
91
28,500
119,000
Concordia-Chicago
River Forest
IL
1,404
75
100
15,000
61,500
DePaul
Chicago
IL
12,784
68
98
26,500
107,500
DuPage
Glen Ellyn
IL
7,793
100
8
6,000
13,000
Eastern Illinois
Charleston
IL
3,990
53
77
11,500
44,000
Elgin CC
Elgin
IL
3,212
100
11
4,000
8,000
Elmhurst
Elmhurst
IL
2,722
68
100
18,500
74,000
Governors State
University Park
IL
1,918
46
23
15,500
62,500
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
11,500
48,000
Benedictine
Lisle
IL
2,131
42
100
22,500
92,000
Illinois-Urbana
Champaign
IL
32,854
59
48
9,500
37,500
Illinois Wesleyan
Bloomington
IL
1,616
61
99
20,000
81,500
Illinois Central
East Peoria
IL
2,905
100
26
9,000
18,500
IIT
Chicago
IL
2,882
60
100
18,500
75,000
Illinois State
Normal
IL
17,092
82
67
15,000
60,000
Illinois Valley CC
Oglesby
IL
1,099
100
7
5,500
11,000
John A Logan
Carterville
IL
1,736
100
18
7,000
13,500
Joliet Junior
Joliet
IL
4,690
100
7
4,000
8,500
Kaskaskia
Centralia
IL
1,295
100
25
7,000
14,000
Kishwaukee
Malta
IL
1,109
100
17
5,500
10,500
Knox
Galesburg
IL
1,223
68
99
17,500
66,000
Lake County
Grayslake
IL
4,140
100
12
4,500
9,000
Lake Forest
Lake Forest
IL
1,517
55
98
18,500
75,000
Lake Land
Mattoon
IL
2,082
100
41
4,000
8,000
Lewis and Clark CC
Godfrey
IL
1,690
100
14
4,000
8,000
Lewis
Romeoville
IL
3,542
64
100
13,500
53,500
Lincoln Land CC
Springfield
IL
2,177
100
9
5,000
11,000
Loyola Chicago
Chicago
IL
11,622
67
98
30,000
122,500
McHenry County
Crystal Lake
IL
2,093
100
1
6,000
13,000
McKendree
Lebanon
IL
1,484
63
100
17,500
72,000
Millikin
Decatur
IL
1,919
71
100
18,000
71,000
Moody Bible Institute
Chicago
IL
1,769
94
88
17,000
66,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
3,000
6,000
Morton
Cicero
IL
1,162
100
17
4,000
8,000
National Louis
Chicago
IL
2,370
98
6
11,000
46,000
North Central College
Naperville
IL
2,538
54
100
19,000
74,500
North Park
Chicago
IL
1,723
48
99
17,500
71,500
Northern Illinois
Dekalb
IL
10,567
48
92
18,500
74,000
Northwestern
Evanston
IL
8,284
9
57
5,500
22,500
Northeastern Illinois
Chicago
IL
3,294
58
23
15,500
65,500
Oakton CC
Des Plaines
IL
2,408
100
16
7,000
14,500
Olivet Nazarene
Bourbonnais
IL
2,855
58
100
15,500
62,500
Parkland
Champaign
IL
2,654
100
10
8,500
18,000
Prairie State
Chicago Heights
IL
1,254
100
11
8,000
16,000
Rend Lake
Ina
IL
1,123
100
44
5,500
12,000
Robert Morris Illinois
Chicago
IL
1,452
63
88
19,500
82,500
Rock Valley
Rockford
IL
2,728
100
4
7,500
16,000
Roosevelt
Chicago
IL
1,965
67
93
20,500
80,000
Dominican
River Forest
IL
2,011
64
100
17,500
74,000
St Francis
Joliet
IL
1,424
46
100
12,500
51,500
St Xavier
Chicago
IL
2,725
73
100
12,000
48,000
Illinois-Springfield
Springfield
IL
1,853
77
85
9,500
38,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
14,000
57,500
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
10,000
39,000
South Suburban
South Holland
IL
1,051
100
61
4,500
9,000
Triton
River Grove
IL
2,915
100
15
5,000
10,000
Waubonsee CC
Sugar Grove
IL
2,577
100
14
4,000
8,500
Western Illinois
Macomb
IL
5,151
57
53
14,500
57,500
Wheaton
Wheaton
IL
2,328
85
87
16,500
67,000
William Rainey Harper
Palatine
IL
4,519
100
9
7,000
14,000
Ball State
Muncie
IN
14,693
77
60
21,500
86,500
Ivy Tech CC
Indianapolis
IN
21,242
100
15
14,000
29,000
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
23,000
93,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
25,000
100,500
Southern Indiana
Evansville
IN
6,133
93
63
24,500
101,000
Indiana State
Terre Haute
IN
8,105
90
67
30,000
121,500
IU-Bloomington
Bloomington
IN
31,981
78
71
31,000
126,000
Notre Dame
Notre Dame
IN
8,708
16
55
10,000
41,000
Des Moines Area CC
Ankeny
IA
6,146
100
21
14,500
29,500
Iowa State
Ames
IA
26,713
92
79
16,000
65,000
Iowa
Iowa City
IA
21,212
83
57
29,000
119,000
Kirkwood CC
Cedar Rapids
IA
5,084
100
25
12,000
24,500
Northern Iowa
Cedar Falls
IA
8,228
79
64
19,500
77,500
St Ambrose
Davenport
IA
2,122
77
100
25,500
105,000
Kansas
Lawrence
KS
17,257
93
73
24,000
99,500
Kansas State
Manhattan
KS
15,548
95
77
19,000
78,000
Eastern Kentucky
Richmond
KY
9,908
94
65
16,500
68,000
Kentucky
Lexington
KY
20,622
96
77
27,000
111,000
Louisville
Louisville
KY
11,560
69
80
27,500
112,500
Morehead State
Morehead
KY
5,393
78
74
15,500
62,500
Murray State
Murray
KY
6,190
82
89
24,500
102,000
Northern Kentucky
Highland Heights
KY
8,243
90
83
15,500
63,500
Western Kentucky
Bowling Green
KY
11,815
97
69
36,000
148,500
Central Michigan
Mount Pleasant
MI
12,798
70
90
18,500
75,500
Eastern Michigan
Ypsilanti
MI
10,572
74
91
14,000
56,500
Ferris State
Big Rapids
MI
7,779
87
72
10,500
42,000
Grand Valley State
Allendale
MI
18,810
83
71
12,000
49,500
Macomb CC
Warren
MI
6,045
100
12
14,500
29,500
Michigan-Ann Arbor
Ann Arbor
MI
30,204
23
52
29,500
122,000
Michigan State
East Lansing
MI
35,722
71
48
44,500
181,000
Michigan Technological
Houghton
MI
5,383
74
93
23,500
95,500
Michigan-Dearborn
Dearborn
MI
5,051
62
81
27,500
111,500
Northern Michigan
Marquette
MI
6,191
66
73
26,500
109,000
Oakland
Rochester Hills
MI
12,454
83
88
18,000
72,500
Saginaw Valley State
University Center
MI
6,348
73
95
31,000
127,500
Wayne State
Detroit
MI
13,107
73
94
26,000
108,000
Western Michigan
Kalamazoo
MI
14,558
80
49
26,500
107,500
Minnesota State-Mankato
Mankato
MN
10,413
63
29
19,500
80,000
Minnesota
Minneapolis
MN
29,939
57
59
33,500
139,000
Central Missouri
Warrensburg
MO
6,688
65
62
18,000
73,000
Ozarks Tech CC
Springfield
MO
5,430
100
10
11,000
22,000
Lindenwood
Saint Charles
MO
5,000
88
99
14,500
59,000
Metropolitan CC-Kansas City
Lees Summit
MO
6,522
100
9
9,500
19,500
Missouri
Columbia
MO
20,676
81
77
19,500
80,000
Missouri-Kansas City
Kansas City
MO
6,487
61
73
28,500
117,000
Missouri Tech
Rolla
MO
5,692
79
81
12,500
51,000
Missouri-St Louis
St. Louis
MO
5,098
73
92
12,000
49,000
St Louis Univ
St. Louis
MO
6,691
58
97
20,500
83,000
St Louis CC
St. Louis
MO
6,114
100
7
11,000
22,500
SE Missouri State
Cape Girardeau
MO
7,152
86
83
12,500
49,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
20,500
83,500
Washington U St Louis
St. Louis
MO
7,139
14
41
6,500
26,500
Nebraska
Lincoln
NE
19,132
78
82
21,500
89,000
Akron
Akron
OH
11,641
73
76
18,500
75,000
Bowling Green State
Bowling Green
OH
12,936
72
68
17,500
70,500
Cincinnati
Cincinnati
OH
23,712
77
56
28,000
112,500
Dayton
Dayton
OH
8,046
72
95
23,000
92,500
Kent State
Kent
OH
18,432
86
87
19,000
78,000
Miami U-Oxford
Oxford
OH
16,682
80
70
25,500
105,000
Ohio State
Columbus
OH
42,776
54
70
26,000
107,500
Ohio U
Athens
OH
16,209
82
81
30,500
124,000
Toledo
Toledo
OH
12,548
96
88
19,000
78,000
Memphis
Memphis
TN
12,066
85
79
28,000
114,000
Middle Tennessee State
Murfreesboro
TN
15,721
94
33
31,000
126,000
Tennessee
Knoxville
TN
22,018
79
54
34,000
140,000
West Virginia
Morgantown
WV
19,369
84
76
28,500
118,000
Marquette
Milwaukee
WI
8,175
83
100
22,000
89,000
UW-Whitewater
Whitewater
WI
9,571
79
16
20,500
84,000
UW-Eau Claire
Eau Claire
WI
9,780
82
42
21,500
87,500
UW-La Crosse
La Crosse
WI
9,098
73
21
17,500
70,500
UW-Oshkosh
Oshkosh
WI
8,541
76
10
18,000
73,500
UW-Stout
Menomonie
WI
6,024
91
40
21,000
86,000
UW-Madison
Madison
WI
30,157
54
34
37,500
154,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
29,500
120,000
UW-Platteville
Platteville
WI
6,477
85
48
20,500
84,000
UW-River Falls
River Falls
WI
5,052
79
45
19,000
77,000
UW-Stevens Point
Stevens Point
WI
6,675
85
56
20,000
82,000
Purdue
West Lafayette
IN
32,606
60
43
16,000
64,500
Heartland CC
Normal
IL
1,832
100
17
9,000
18,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
12,500
51,500
Chamberlain-Illinois
Addison
IL
2,771
100
8
20,000
80,500
2022-23 projected average net cost for selected colleges including both in- and out-of-state schools.
Scenario
Scenario: Students with families with an average of $60,000 in annual income. Families in this income range on average have approximately $20,000 in financial assets and home equity of approximately $90,000 (Federal Reserve Survey of Consumer Finances).
College City State Full-time students Admissions % % students paying discounted tuition Avg. annual net cost Total cost of degree
Alabama
Tuscaloosa
AL
29,135
83
56
36,000
148,500
Art Institute of Chicago
Chicago
IL
2,804
57
91
42,000
171,000
Augustana
Rock Island
IL
2,534
57
100
21,500
84,500
Aurora
Aurora
IL
3,679
87
100
17,500
71,500
Southwestern Illinois
Belleville
IL
3,496
100
18
10,000
20,000
Black Hawk
Moline
IL
1,562
100
30
8,500
17,000
Bradley
Peoria
IL
4,508
70
100
23,500
94,000
Chicago State
Chicago
IL
1,361
63
44
14,000
55,500
U of Chicago
Chicago
IL
6,846
6
51
8,500
34,500
Chicago CC-Kennedy-King
Chicago
IL
1,369
100
13
9,000
17,500
Chicago CC-Malcolm X
Chicago
IL
3,111
100
22
6,000
12,000
Chicago CC-Harry S Truman
Chicago
IL
1,285
100
24
7,000
14,500
Chicago CC-Richard J Daley
Chicago
IL
2,048
100
21
5,000
9,500
Chicago CC-Har Washington
Chicago
IL
3,865
100
19
5,500
11,000
Chicago CC-Wilbur Wright
Chicago
IL
3,078
100
25
5,000
10,000
Columbia Chicago
Chicago
IL
6,252
90
91
32,500
133,500
Concordia-Chicago
River Forest
IL
1,404
75
100
17,000
69,500
DePaul
Chicago
IL
12,784
68
98
28,000
112,500
DuPage
Glen Ellyn
IL
7,793
100
8
9,500
19,500
Eastern Illinois
Charleston
IL
3,990
53
77
13,000
51,000
Elgin CC
Elgin
IL
3,212
100
11
6,500
12,500
Elmhurst
Elmhurst
IL
2,722
68
100
20,500
82,000
Governors State
University Park
IL
1,918
46
23
16,500
67,000
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
15,000
60,500
Benedictine
Lisle
IL
2,131
42
100
25,000
101,500
Illinois-Urbana
Champaign
IL
32,854
59
48
15,000
60,500
Illinois Wesleyan
Bloomington
IL
1,616
61
99
23,500
95,000
Illinois Central
East Peoria
IL
2,905
100
26
12,000
24,000
IIT
Chicago
IL
2,882
60
100
22,500
89,500
Illinois State
Normal
IL
17,092
82
67
19,500
78,500
Illinois Valley CC
Oglesby
IL
1,099
100
7
6,500
13,000
John A Logan
Carterville
IL
1,736
100
18
8,500
17,000
Joliet Junior
Joliet
IL
4,690
100
7
5,500
11,000
Kaskaskia
Centralia
IL
1,295
100
25
8,000
16,000
Kishwaukee
Malta
IL
1,109
100
17
8,500
17,000
Knox
Galesburg
IL
1,223
68
99
17,500
70,000
Lake County
Grayslake
IL
4,140
100
12
6,500
13,500
Lake Forest
Lake Forest
IL
1,517
55
98
22,500
91,000
Lake Land
Mattoon
IL
2,082
100
41
7,000
14,000
Lewis and Clark CC
Godfrey
IL
1,690
100
14
7,000
14,000
Lewis
Romeoville
IL
3,542
64
100
16,000
63,500
Lincoln Land CC
Springfield
IL
2,177
100
9
8,500
17,000
Loyola Chicago
Chicago
IL
11,622
67
98
33,000
133,500
McHenry County
Crystal Lake
IL
2,093
100
1
8,500
17,500
McKendree
Lebanon
IL
1,484
63
100
20,500
82,500
Millikin
Decatur
IL
1,919
71
100
19,500
78,000
Moody Bible Institute
Chicago
IL
1,769
94
88
16,500
66,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
6,000
12,000
Morton
Cicero
IL
1,162
100
17
6,500
13,500
National Louis
Chicago
IL
2,370
98
6
11,500
46,000
North Central College
Naperville
IL
2,538
54
100
22,000
88,000
North Park
Chicago
IL
1,723
48
99
20,000
80,500
Northern Illinois
Dekalb
IL
10,567
48
92
20,500
83,000
Northwestern
Evanston
IL
8,284
9
57
9,000
37,000
Northeastern Illinois
Chicago
IL
3,294
58
23
18,500
74,500
Oakton CC
Des Plaines
IL
2,408
100
16
9,000
18,500
Olivet Nazarene
Bourbonnais
IL
2,855
58
100
18,000
72,000
Parkland
Champaign
IL
2,654
100
10
11,000
22,500
Prairie State
Chicago Heights
IL
1,254
100
11
10,000
20,000
Rend Lake
Ina
IL
1,123
100
44
8,000
16,500
Robert Morris Illinois
Chicago
IL
1,452
63
88
24,500
99,500
Rock Valley
Rockford
IL
2,728
100
4
10,500
21,000
Roosevelt
Chicago
IL
1,965
67
93
21,500
85,000
Dominican
River Forest
IL
2,011
64
100
19,500
79,500
St Francis
Joliet
IL
1,424
46
100
15,000
61,500
St Xavier
Chicago
IL
2,725
73
100
15,000
61,000
Illinois-Springfield
Springfield
IL
1,853
77
85
10,500
43,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
15,500
63,000
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
14,000
55,500
South Suburban
South Holland
IL
1,051
100
61
6,000
12,500
Triton
River Grove
IL
2,915
100
15
7,500
15,000
Waubonsee CC
Sugar Grove
IL
2,577
100
14
7,500
15,000
Western Illinois
Macomb
IL
5,151
57
53
16,500
66,000
Wheaton
Wheaton
IL
2,328
85
87
20,000
81,000
William Rainey Harper
Palatine
IL
4,519
100
9
10,000
20,000
Ball State
Muncie
IN
14,693
77
60
28,000
113,500
Ivy Tech CC
Indianapolis
IN
21,242
100
15
18,000
36,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
31,500
128,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
35,500
144,500
Southern Indiana
Evansville
IN
6,133
93
63
33,500
138,000
Indiana State
Terre Haute
IN
8,105
90
67
34,500
141,500
IU-Bloomington
Bloomington
IN
31,981
78
71
44,500
181,500
Notre Dame
Notre Dame
IN
8,708
16
55
18,500
76,000
Des Moines Area CC
Ankeny
IA
6,146
100
21
15,500
31,000
Iowa State
Ames
IA
26,713
92
79
21,000
85,500
Iowa
Iowa City
IA
21,212
83
57
34,500
142,500
Kirkwood CC
Cedar Rapids
IA
5,084
100
25
14,500
29,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
23,000
93,000
St Ambrose
Davenport
IA
2,122
77
100
27,500
112,000
Kansas
Lawrence
KS
17,257
93
73
27,000
111,000
Kansas State
Manhattan
KS
15,548
95
77
21,500
87,500
Eastern Kentucky
Richmond
KY
9,908
94
65
19,500
81,000
Kentucky
Lexington
KY
20,622
96
77
32,500
135,000
Louisville
Louisville
KY
11,560
69
80
30,000
124,000
Morehead State
Morehead
KY
5,393
78
74
18,500
74,500
Murray State
Murray
KY
6,190
82
89
31,500
129,500
Northern Kentucky
Highland Heights
KY
8,243
90
83
23,000
93,000
Western Kentucky
Bowling Green
KY
11,815
97
69
36,000
148,500
Central Michigan
Mount Pleasant
MI
12,798
70
90
22,000
90,000
Eastern Michigan
Ypsilanti
MI
10,572
74
91
16,000
64,000
Ferris State
Big Rapids
MI
7,779
87
72
13,500
54,500
Grand Valley State
Allendale
MI
18,810
83
71
14,500
58,500
Macomb CC
Warren
MI
6,045
100
12
14,500
29,500
Michigan-Ann Arbor
Ann Arbor
MI
30,204
23
52
40,000
163,500
Michigan State
East Lansing
MI
35,722
71
48
49,500
201,000
Michigan Technological
Houghton
MI
5,383
74
93
29,000
118,000
Michigan-Dearborn
Dearborn
MI
5,051
62
81
33,500
137,500
Northern Michigan
Marquette
MI
6,191
66
73
33,500
138,000
Oakland
Rochester Hills
MI
12,454
83
88
21,500
86,500
Saginaw Valley State
University Center
MI
6,348
73
95
31,000
127,500
Wayne State
Detroit
MI
13,107
73
94
29,000
119,000
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Minnesota State-Mankato
Mankato
MN
10,413
63
29
23,500
96,000
Minnesota
Minneapolis
MN
29,939
57
59
40,500
167,500
Central Missouri
Warrensburg
MO
6,688
65
62
21,000
86,000
Ozarks Tech CC
Springfield
MO
5,430
100
10
13,000
26,000
Lindenwood
Saint Charles
MO
5,000
88
99
16,500
66,000
Metropolitan CC-Kansas City
Lees Summit
MO
6,522
100
9
12,000
24,000
Missouri
Columbia
MO
20,676
81
77
22,000
89,500
Missouri-Kansas City
Kansas City
MO
6,487
61
73
33,000
135,000
Missouri Tech
Rolla
MO
5,692
79
81
15,000
61,500
Missouri-St Louis
St. Louis
MO
5,098
73
92
14,000
56,000
St Louis Univ
St. Louis
MO
6,691
58
97
23,000
92,500
St Louis CC
St. Louis
MO
6,114
100
7
13,000
26,000
SE Missouri State
Cape Girardeau
MO
7,152
86
83
15,000
61,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
24,500
100,500
Washington U St Louis
St. Louis
MO
7,139
14
41
12,500
51,500
Nebraska
Lincoln
NE
19,132
78
82
25,500
105,500
Akron
Akron
OH
11,641
73
76
22,000
88,000
Bowling Green State
Bowling Green
OH
12,936
72
68
20,500
83,000
Cincinnati
Cincinnati
OH
23,712
77
56
31,500
128,500
Dayton
Dayton
OH
8,046
72
95
25,000
101,000
Kent State
Kent
OH
18,432
86
87
23,000
95,000
Miami U-Oxford
Oxford
OH
16,682
80
70
33,000
135,500
Ohio State
Columbus
OH
42,776
54
70
33,000
137,000
Ohio U
Athens
OH
16,209
82
81
33,500
138,000
Toledo
Toledo
OH
12,548
96
88
22,000
88,500
Memphis
Memphis
TN
12,066
85
79
31,000
127,000
Middle Tennessee State
Murfreesboro
TN
15,721
94
33
41,500
171,000
Tennessee
Knoxville
TN
22,018
79
54
48,500
200,000
West Virginia
Morgantown
WV
19,369
84
76
34,500
141,500
Marquette
Milwaukee
WI
8,175
83
100
26,000
106,000
UW-Whitewater
Whitewater
WI
9,571
79
16
26,000
107,000
UW-Eau Claire
Eau Claire
WI
9,780
82
42
27,000
111,000
UW-La Crosse
La Crosse
WI
9,098
73
21
23,000
92,500
UW-Oshkosh
Oshkosh
WI
8,541
76
10
22,000
89,500
UW-Stout
Menomonie
WI
6,024
91
40
27,000
109,500
UW-Madison
Madison
WI
30,157
54
34
53,500
220,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
36,000
146,500
UW-Platteville
Platteville
WI
6,477
85
48
25,500
104,500
UW-River Falls
River Falls
WI
5,052
79
45
24,500
100,000
UW-Stevens Point
Stevens Point
WI
6,675
85
56
25,500
105,500
Purdue
West Lafayette
IN
32,606
60
43
24,000
97,500
Heartland CC
Normal
IL
1,832
100
17
11,500
23,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
15,000
60,500
Chamberlain-Illinois
Addison
IL
2,771
100
8
26,000
105,000
2022-23 projected average net cost for selected colleges including both in- and out-of-state schools.
Scenario
Students with families with an average of $90,000 in annual income. Families in this income range on average have approximately $200,000 in financial assets and home equity of approximately $120,000 (Federal Reserve Survey of Consumer Finances).
College City State Full-time students Admissions % % students paying discounted tuition Avg. annual net cost Total cost of degree
Alabama
Tuscaloosa
AL
29,135
83
56
38,500
158,000
Art Institute of Chicago
Chicago
IL
2,804
57
91
47,500
192,000
Augustana
Rock Island
IL
2,534
57
100
24,000
94,500
Aurora
Aurora
IL
3,679
87
100
21,000
87,000
Southwestern Illinois
Belleville
IL
3,496
100
18
11,000
22,000
Black Hawk
Moline
IL
1,562
100
30
11,000
22,000
Bradley
Peoria
IL
4,508
70
100
28,500
114,000
Chicago State
Chicago
IL
1,361
63
44
18,500
74,000
U of Chicago
Chicago
IL
6,846
6
51
19,500
80,000
Chicago CC-Kennedy-King
Chicago
IL
1,369
100
13
10,000
20,000
Chicago CC-Malcolm X
Chicago
IL
3,111
100
22
6,500
13,000
Chicago CC-Harry S Truman
Chicago
IL
1,285
100
24
7,500
15,000
Chicago CC-Richard J Daley
Chicago
IL
2,048
100
21
5,000
9,500
Chicago CC-Har Washington
Chicago
IL
3,865
100
19
6,500
13,000
Chicago CC-Wilbur Wright
Chicago
IL
3,078
100
25
5,500
10,500
Columbia Chicago
Chicago
IL
6,252
90
91
35,500
144,500
Concordia-Chicago
River Forest
IL
1,404
75
100
19,000
76,000
DePaul
Chicago
IL
12,784
68
98
31,500
127,000
DuPage
Glen Ellyn
IL
7,793
100
8
12,500
25,000
Eastern Illinois
Charleston
IL
3,990
53
77
19,000
75,500
Elgin CC
Elgin
IL
3,212
100
11
8,000
16,000
Elmhurst
Elmhurst
IL
2,722
68
100
24,500
98,000
Governors State
University Park
IL
1,918
46
23
19,000
76,000
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
22,000
88,500
Benedictine
Lisle
IL
2,131
42
100
26,500
106,500
Illinois-Urbana
Champaign
IL
32,854
59
48
23,000
91,500
Illinois Wesleyan
Bloomington
IL
1,616
61
99
28,000
112,500
Illinois Central
East Peoria
IL
2,905
100
26
13,500
27,500
IIT
Chicago
IL
2,882
60
100
25,000
101,500
Illinois State
Normal
IL
17,092
82
67
25,000
101,000
Illinois Valley CC
Oglesby
IL
1,099
100
7
6,500
13,000
John A Logan
Carterville
IL
1,736
100
18
9,000
18,000
Joliet Junior
Joliet
IL
4,690
100
7
7,000
13,500
Kaskaskia
Centralia
IL
1,295
100
25
8,500
17,000
Kishwaukee
Malta
IL
1,109
100
17
11,000
22,000
Knox
Galesburg
IL
1,223
68
99
22,500
89,500
Lake County
Grayslake
IL
4,140
100
12
8,500
16,500
Lake Forest
Lake Forest
IL
1,517
55
98
28,000
113,000
Lake Land
Mattoon
IL
2,082
100
41
9,000
18,000
Lewis and Clark CC
Godfrey
IL
1,690
100
14
8,000
16,500
Lewis
Romeoville
IL
3,542
64
100
21,000
83,500
Lincoln Land CC
Springfield
IL
2,177
100
9
10,500
21,000
Loyola Chicago
Chicago
IL
11,622
67
98
37,000
150,000
McHenry County
Crystal Lake
IL
2,093
100
1
11,000
22,500
McKendree
Lebanon
IL
1,484
63
100
24,500
99,000
Millikin
Decatur
IL
1,919
71
100
23,000
92,000
Moody Bible Institute
Chicago
IL
1,769
94
88
16,500
66,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
9,000
18,000
Morton
Cicero
IL
1,162
100
17
8,500
17,000
National Louis
Chicago
IL
2,370
98
6
11,500
46,000
North Central College
Naperville
IL
2,538
54
100
25,000
99,500
North Park
Chicago
IL
1,723
48
99
21,500
87,500
Northern Illinois
Dekalb
IL
10,567
48
92
24,000
96,000
Northwestern
Evanston
IL
8,284
9
57
18,000
74,500
Northeastern Illinois
Chicago
IL
3,294
58
23
22,000
90,000
Oakton CC
Des Plaines
IL
2,408
100
16
9,500
19,000
Olivet Nazarene
Bourbonnais
IL
2,855
58
100
22,500
90,000
Parkland
Champaign
IL
2,654
100
10
13,000
26,000
Prairie State
Chicago Heights
IL
1,254
100
11
13,500
27,000
Rend Lake
Ina
IL
1,123
100
44
8,000
16,500
Robert Morris Illinois
Chicago
IL
1,452
63
88
25,000
101,500
Rock Valley
Rockford
IL
2,728
100
4
11,500
23,500
Roosevelt
Chicago
IL
1,965
67
93
24,500
97,000
Dominican
River Forest
IL
2,011
64
100
23,000
94,500
St Francis
Joliet
IL
1,424
46
100
20,500
82,500
St Xavier
Chicago
IL
2,725
73
100
18,500
74,000
Illinois-Springfield
Springfield
IL
1,853
77
85
15,000
61,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
20,500
84,000
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
19,000
76,000
South Suburban
South Holland
IL
1,051
100
61
8,000
16,000
Triton
River Grove
IL
2,915
100
15
9,000
18,000
Waubonsee CC
Sugar Grove
IL
2,577
100
14
10,000
20,000
Western Illinois
Macomb
IL
5,151
57
53
20,500
81,500
Wheaton
Wheaton
IL
2,328
85
87
23,000
91,500
William Rainey Harper
Palatine
IL
4,519
100
9
12,500
25,500
Ball State
Muncie
IN
14,693
77
60
34,500
139,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
18,000
36,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
31,500
128,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
45,000
182,500
Southern Indiana
Evansville
IN
6,133
93
63
34,500
142,500
Indiana State
Terre Haute
IN
8,105
90
67
34,500
141,500
IU-Bloomington
Bloomington
IN
31,981
78
71
53,000
215,000
Notre Dame
Notre Dame
IN
8,708
16
55
25,000
101,500
Des Moines Area CC
Ankeny
IA
6,146
100
21
15,500
31,000
Iowa State
Ames
IA
26,713
92
79
25,500
104,000
Iowa
Iowa City
IA
21,212
83
57
35,500
146,000
Kirkwood CC
Cedar Rapids
IA
5,084
100
25
14,500
29,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
25,500
102,500
St Ambrose
Davenport
IA
2,122
77
100
27,500
112,000
Kansas
Lawrence
KS
17,257
93
73
33,000
136,000
Kansas State
Manhattan
KS
15,548
95
77
24,500
100,000
Eastern Kentucky
Richmond
KY
9,908
94
65
23,000
94,500
Kentucky
Lexington
KY
20,622
96
77
39,500
164,000
Louisville
Louisville
KY
11,560
69
80
30,000
124,000
Morehead State
Morehead
KY
5,393
78
74
20,500
82,000
Murray State
Murray
KY
6,190
82
89
35,000
145,000
Northern Kentucky
Highland Heights
KY
8,243
90
83
27,500
113,000
Western Kentucky
Bowling Green
KY
11,815
97
69
36,000
148,500
Central Michigan
Mount Pleasant
MI
12,798
70
90
25,500
104,000
Eastern Michigan
Ypsilanti
MI
10,572
74
91
18,500
74,000
Ferris State
Big Rapids
MI
7,779
87
72
16,000
65,000
Grand Valley State
Allendale
MI
18,810
83
71
17,500
71,500
Macomb CC
Warren
MI
6,045
100
12
14,500
29,500
Michigan-Ann Arbor
Ann Arbor
MI
30,204
23
52
40,000
163,500
Michigan State
East Lansing
MI
35,722
71
48
49,500
201,000
Michigan Technological
Houghton
MI
5,383
74
93
35,500
145,500
Michigan-Dearborn
Dearborn
MI
5,051
62
81
33,500
137,500
Northern Michigan
Marquette
MI
6,191
66
73
33,500
138,000
Oakland
Rochester Hills
MI
12,454
83
88
29,000
117,000
Saginaw Valley State
University Center
MI
6,348
73
95
31,000
127,500
Wayne State
Detroit
MI
13,107
73
94
36,000
149,000
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Minnesota State-Mankato
Mankato
MN
10,413
63
29
28,500
116,500
Minnesota
Minneapolis
MN
29,939
57
59
42,500
177,500
Central Missouri
Warrensburg
MO
6,688
65
62
23,500
96,000
Ozarks Tech CC
Springfield
MO
5,430
100
10
13,000
26,000
Lindenwood
Saint Charles
MO
5,000
88
99
18,500
76,000
Metropolitan CC-Kansas City
Lees Summit
MO
6,522
100
9
14,000
28,000
Missouri
Columbia
MO
20,676
81
77
29,000
117,500
Missouri-Kansas City
Kansas City
MO
6,487
61
73
38,500
156,000
Missouri Tech
Rolla
MO
5,692
79
81
17,500
70,500
Missouri-St Louis
St. Louis
MO
5,098
73
92
21,500
87,000
St Louis Univ
St. Louis
MO
6,691
58
97
26,500
107,000
St Louis CC
St. Louis
MO
6,114
100
7
13,000
26,000
SE Missouri State
Cape Girardeau
MO
7,152
86
83
18,000
73,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
27,500
112,000
Washington U St Louis
St. Louis
MO
7,139
14
41
26,000
106,000
Nebraska
Lincoln
NE
19,132
78
82
30,000
124,000
Akron
Akron
OH
11,641
73
76
23,500
94,000
Bowling Green State
Bowling Green
OH
12,936
72
68
22,500
91,000
Cincinnati
Cincinnati
OH
23,712
77
56
36,000
146,500
Dayton
Dayton
OH
8,046
72
95
29,500
119,000
Kent State
Kent
OH
18,432
86
87
25,500
104,500
Miami U-Oxford
Oxford
OH
16,682
80
70
38,500
158,500
Ohio State
Columbus
OH
42,776
54
70
33,000
137,000
Ohio U
Athens
OH
16,209
82
81
36,000
147,000
Toledo
Toledo
OH
12,548
96
88
24,500
98,000
Memphis
Memphis
TN
12,066
85
79
31,000
127,000
Middle Tennessee State
Murfreesboro
TN
15,721
94
33
45,000
183,500
Tennessee
Knoxville
TN
22,018
79
54
48,500
200,000
West Virginia
Morgantown
WV
19,369
84
76
38,500
158,500
Marquette
Milwaukee
WI
8,175
83
100
32,500
131,500
UW-Whitewater
Whitewater
WI
9,571
79
16
27,500
113,000
UW-Eau Claire
Eau Claire
WI
9,780
82
42
30,000
123,500
UW-La Crosse
La Crosse
WI
9,098
73
21
26,500
108,000
UW-Oshkosh
Oshkosh
WI
8,541
76
10
25,000
100,500
UW-Stout
Menomonie
WI
6,024
91
40
28,500
117,000
UW-Madison
Madison
WI
30,157
54
34
57,000
235,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
37,000
152,500
UW-Platteville
Platteville
WI
6,477
85
48
28,500
116,000
UW-River Falls
River Falls
WI
5,052
79
45
25,000
102,500
UW-Stevens Point
Stevens Point
WI
6,675
85
56
27,000
109,500
Purdue
West Lafayette
IN
32,606
60
43
41,500
170,500
Heartland CC
Normal
IL
1,832
100
17
13,500
27,000
American InterContinental
Hoffman Estates
IL
8,315
100
17
15,000
61,500
Chamberlain-Illinois
Addison
IL
2,771
100
8
26,500
106,000
2022-23 projected average net cost for selected colleges including both in- and out-of-state schools.
Scenario
Students with families with an average of $150,000 in annual income, $250,000 in financial assets and home equity of approximately $150,000 (in line with data from Federal Reserve Survey of Consumer Finances).
College City State Full-time students Admissions % % students paying discounted tuition Avg. annual net cost Total cost of degree
Alabama
Tuscaloosa
AL
29,135
83
56
43,000
177,000
Art Institute of Chicago
Chicago
IL
2,804
57
91
58,000
235,000
Augustana
Rock Island
IL
2,534
57
100
28,500
113,000
Aurora
Aurora
IL
3,679
87
100
28,500
117,000
Southwestern Illinois
Belleville
IL
3,496
100
18
12,500
25,500
Black Hawk
Moline
IL
1,562
100
30
16,000
32,000
Bradley
Peoria
IL
4,508
70
100
33,000
132,000
Chicago State
Chicago
IL
1,361
63
44
26,000
103,000
U of Chicago
Chicago
IL
6,846
6
51
22,500
91,000
Chicago CC-Kennedy-King
Chicago
IL
1,369
100
13
12,500
25,000
Chicago CC-Malcolm X
Chicago
IL
3,111
100
22
7,500
15,000
Chicago CC-Harry S Truman
Chicago
IL
1,285
100
24
8,000
16,500
Chicago CC-Richard J Daley
Chicago
IL
2,048
100
21
5,000
9,500
Chicago CC-Har Washington
Chicago
IL
3,865
100
19
9,000
18,000
Chicago CC-Wilbur Wright
Chicago
IL
3,078
100
25
5,500
11,500
Columbia Chicago
Chicago
IL
6,252
90
91
37,000
150,500
Concordia-Chicago
River Forest
IL
1,404
75
100
22,000
89,500
DePaul
Chicago
IL
12,784
68
98
36,500
147,500
DuPage
Glen Ellyn
IL
7,793
100
8
17,500
35,500
Eastern Illinois
Charleston
IL
3,990
53
77
20,500
81,000
Elgin CC
Elgin
IL
3,212
100
11
11,000
22,000
Elmhurst
Elmhurst
IL
2,722
68
100
32,500
131,000
Governors State
University Park
IL
1,918
46
23
23,000
92,500
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
32,500
132,500
Benedictine
Lisle
IL
2,131
42
100
28,500
116,000
Illinois-Urbana
Champaign
IL
32,854
59
48
30,500
122,000
Illinois Wesleyan
Bloomington
IL
1,616
61
99
36,500
148,000
Illinois Central
East Peoria
IL
2,905
100
26
17,000
34,500
IIT
Chicago
IL
2,882
60
100
31,000
125,000
Illinois State
Normal
IL
17,092
82
67
28,000
113,000
Illinois Valley CC
Oglesby
IL
1,099
100
7
6,500
13,000
John A Logan
Carterville
IL
1,736
100
18
10,000
20,000
Joliet Junior
Joliet
IL
4,690
100
7
9,500
19,000
Kaskaskia
Centralia
IL
1,295
100
25
9,000
18,500
Kishwaukee
Malta
IL
1,109
100
17
16,000
31,500
Knox
Galesburg
IL
1,223
68
99
29,500
116,000
Lake County
Grayslake
IL
4,140
100
12
11,500
23,500
Lake Forest
Lake Forest
IL
1,517
55
98
35,000
139,500
Lake Land
Mattoon
IL
2,082
100
41
12,500
25,500
Lewis and Clark CC
Godfrey
IL
1,690
100
14
10,500
21,500
Lewis
Romeoville
IL
3,542
64
100
31,000
123,000
Lincoln Land CC
Springfield
IL
2,177
100
9
14,000
28,500
Loyola Chicago
Chicago
IL
11,622
67
98
42,000
169,000
McHenry County
Crystal Lake
IL
2,093
100
1
16,500
33,000
McKendree
Lebanon
IL
1,484
63
100
29,000
116,000
Millikin
Decatur
IL
1,919
71
100
28,500
112,500
Moody Bible Institute
Chicago
IL
1,769
94
88
16,500
66,000
Moraine Valley CC
Palos Hills
IL
5,138
100
4
15,000
30,000
Morton
Cicero
IL
1,162
100
17
12,000
24,000
National Louis
Chicago
IL
2,370
98
6
11,500
46,000
North Central College
Naperville
IL
2,538
54
100
31,000
122,500
North Park
Chicago
IL
1,723
48
99
25,000
101,000
Northern Illinois
Dekalb
IL
10,567
48
92
27,500
110,500
Northwestern
Evanston
IL
8,284
9
57
41,500
169,500
Northeastern Illinois
Chicago
IL
3,294
58
23
25,000
103,000
Oakton CC
Des Plaines
IL
2,408
100
16
9,500
19,000
Olivet Nazarene
Bourbonnais
IL
2,855
58
100
26,000
105,000
Parkland
Champaign
IL
2,654
100
10
16,000
33,000
Prairie State
Chicago Heights
IL
1,254
100
11
20,000
40,500
Rend Lake
Ina
IL
1,123
100
44
8,000
16,500
Robert Morris Illinois
Chicago
IL
1,452
63
88
26,000
106,000
Rock Valley
Rockford
IL
2,728
100
4
14,000
28,000
Roosevelt
Chicago
IL
1,965
67
93
30,000
120,000
Dominican
River Forest
IL
2,011
64
100
28,500
116,000
St Francis
Joliet
IL
1,424
46
100
30,500
125,000
St Xavier
Chicago
IL
2,725
73
100
25,000
99,500
Illinois-Springfield
Springfield
IL
1,853
77
85
15,000
61,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
26,000
105,500
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
27,500
110,500
South Suburban
South Holland
IL
1,051
100
61
12,000
23,500
Triton
River Grove
IL
2,915
100
15
11,500
23,500
Waubonsee CC
Sugar Grove
IL
2,577
100
14
14,500
30,000
Western Illinois
Macomb
IL
5,151
57
53
26,500
105,500
Wheaton
Wheaton
IL
2,328
85
87
23,000
91,500
William Rainey Harper
Palatine
IL
4,519
100
9
18,000
36,500
Ball State
Muncie
IN
14,693
77
60
41,000
165,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
18,000
36,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
31,500
128,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
45,000
182,500
Southern Indiana
Evansville
IN
6,133
93
63
34,500
142,500
Indiana State
Terre Haute
IN
8,105
90
67
34,500
141,500
IU-Bloomington
Bloomington
IN
31,981
78
71
53,000
215,000
Notre Dame
Notre Dame
IN
8,708
16
55
37,500
154,000
Des Moines Area CC
Ankeny
IA
6,146
100
21
15,500
31,000
Iowa State
Ames
IA
26,713
92
79
31,500
128,500
Iowa
Iowa City
IA
21,212
83
57
41,500
171,000
Kirkwood CC
Cedar Rapids
IA
5,084
100
25
14,500
29,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
29,000
117,000
St Ambrose
Davenport
IA
2,122
77
100
27,000
111,500
Kansas
Lawrence
KS
17,257
93
73
44,000
181,000
Kansas State
Manhattan
KS
15,548
95
77
26,000
105,500
Eastern Kentucky
Richmond
KY
9,908
94
65
29,500
122,500
Kentucky
Lexington
KY
20,622
96
77
42,000
174,000
Louisville
Louisville
KY
11,560
69
80
33,000
136,000
Morehead State
Morehead
KY
5,393
78
74
20,500
82,000
Murray State
Murray
KY
6,190
82
89
37,500
154,000
Northern Kentucky
Highland Heights
KY
8,243
90
83
33,000
135,500
Western Kentucky
Bowling Green
KY
11,815
97
69
36,000
148,500
Central Michigan
Mount Pleasant
MI
12,798
70
90
32,500
132,000
Eastern Michigan
Ypsilanti
MI
10,572
74
91
30,000
121,000
Ferris State
Big Rapids
MI
7,779
87
72
21,500
87,000
Grand Valley State
Allendale
MI
18,810
83
71
24,000
98,000
Macomb CC
Warren
MI
6,045
100
12
14,500
29,500
Michigan-Ann Arbor
Ann Arbor
MI
30,204
23
52
60,500
249,000
Michigan State
East Lansing
MI
35,722
71
48
49,500
201,000
Michigan Technological
Houghton
MI
5,383
74
93
39,500
161,000
Michigan-Dearborn
Dearborn
MI
5,051
62
81
33,500
137,500
Northern Michigan
Marquette
MI
6,191
66
73
33,500
138,000
Oakland
Rochester Hills
MI
12,454
83
88
38,500
155,000
Saginaw Valley State
University Center
MI
6,348
73
95
31,000
127,500
Wayne State
Detroit
MI
13,107
73
94
40,500
167,500
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Minnesota State-Mankato
Mankato
MN
10,413
63
29
30,000
123,000
Minnesota
Minneapolis
MN
29,939
57
59
42,500
177,500
Central Missouri
Warrensburg
MO
6,688
65
62
28,000
113,500
Ozarks Tech CC
Springfield
MO
5,430
100
10
13,000
26,000
Lindenwood
Saint Charles
MO
5,000
88
99
23,500
95,000
Metropolitan CC-Kansas City
Lees Summit
MO
6,522
100
9
14,000
28,500
Missouri
Columbia
MO
20,676
81
77
43,000
173,500
Missouri-Kansas City
Kansas City
MO
6,487
61
73
41,000
166,500
Missouri Tech
Rolla
MO
5,692
79
81
21,500
85,500
Missouri-St Louis
St. Louis
MO
5,098
73
92
24,000
98,500
St Louis Univ
St. Louis
MO
6,691
58
97
34,000
137,000
St Louis CC
St. Louis
MO
6,114
100
7
13,000
26,000
SE Missouri State
Cape Girardeau
MO
7,152
86
83
20,000
80,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
30,000
122,500
Washington U St Louis
St. Louis
MO
7,139
14
41
52,500
215,000
Nebraska
Lincoln
NE
19,132
78
82
39,500
161,500
Akron
Akron
OH
11,641
73
76
26,500
106,500
Bowling Green State
Bowling Green
OH
12,936
72
68
26,500
107,000
Cincinnati
Cincinnati
OH
23,712
77
56
42,500
172,500
Dayton
Dayton
OH
8,046
72
95
36,000
146,000
Kent State
Kent
OH
18,432
86
87
30,500
124,000
Miami U-Oxford
Oxford
OH
16,682
80
70
40,000
162,500
Ohio State
Columbus
OH
42,776
54
70
48,500
201,000
Ohio U
Athens
OH
16,209
82
81
39,500
161,500
Toledo
Toledo
OH
12,548
96
88
25,500
103,500
Memphis
Memphis
TN
12,066
85
79
31,000
127,000
Middle Tennessee State
Murfreesboro
TN
15,721
94
33
45,000
183,500
Tennessee
Knoxville
TN
22,018
79
54
48,500
200,000
West Virginia
Morgantown
WV
19,369
84
76
38,500
158,500
Marquette
Milwaukee
WI
8,175
83
100
37,000
150,000
UW-Whitewater
Whitewater
WI
9,571
79
16
27,500
113,000
UW-Eau Claire
Eau Claire
WI
9,780
82
42
30,000
123,500
UW-La Crosse
La Crosse
WI
9,098
73
21
26,500
108,000
UW-Oshkosh
Oshkosh
WI
8,541
76
10
26,500
108,000
UW-Stout
Menomonie
WI
6,024
91
40
28,500
117,000
UW-Madison
Madison
WI
30,157
54
34
57,000
235,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
37,000
152,500
UW-Platteville
Platteville
WI
6,477
85
48
28,500
116,000
UW-River Falls
River Falls
WI
5,052
79
45
25,000
102,500
UW-Stevens Point
Stevens Point
WI
6,675
85
56
27,000
109,500
Purdue
West Lafayette
IN
32,606
60
43
41,500
170,500
Heartland CC
Normal
IL
1,832
100
17
16,500
33,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
15,500
63,500
Chamberlain-Illinois
Addison
IL
2,771
100
8
26,500
107,500
2022-23 projected average net cost for selected colleges including both in- and out-of-state schools.
Scenario
Students with families with an average of $200,000 in annual income, $500,000 in financial assets and home equity of approximately $200,000 (in line with data from Federal Reserve Survey of Consumer Finances).
College City State Full-time students Admissions % % students paying discounted tuition Avg. annual net cost Total cost of degree
Alabama
Tuscaloosa
AL
29,135
83
56
46,500
192,500
Art Institute of Chicago
Chicago
IL
2,804
57
91
64,500
262,000
Augustana
Rock Island
IL
2,534
57
100
31,000
122,500
Aurora
Aurora
IL
3,679
87
100
28,500
117,000
Southwestern Illinois
Belleville
IL
3,496
100
18
14,000
28,500
Black Hawk
Moline
IL
1,562
100
30
16,500
33,000
Bradley
Peoria
IL
4,508
70
100
33,000
132,000
Chicago State
Chicago
IL
1,361
63
44
26,000
103,000
U of Chicago
Chicago
IL
6,846
6
51
49,500
200,000
Chicago CC-Kennedy-King
Chicago
IL
1,369
100
13
14,500
29,500
Chicago CC-Malcolm X
Chicago
IL
3,111
100
22
8,500
16,500
Chicago CC-Harry S Truman
Chicago
IL
1,285
100
24
8,500
17,500
Chicago CC-Richard J Daley
Chicago
IL
2,048
100
21
5,000
9,500
Chicago CC-Har Washington
Chicago
IL
3,865
100
19
11,000
21,500
Chicago CC-Wilbur Wright
Chicago
IL
3,078
100
25
6,000
12,000
Columbia Chicago
Chicago
IL
6,252
90
91
37,000
150,500
Concordia-Chicago
River Forest
IL
1,404
75
100
25,000
101,000
DePaul
Chicago
IL
12,784
68
98
36,500
147,500
DuPage
Glen Ellyn
IL
7,793
100
8
18,500
37,500
Eastern Illinois
Charleston
IL
3,990
53
77
20,500
81,000
Elgin CC
Elgin
IL
3,212
100
11
13,500
27,500
Elmhurst
Elmhurst
IL
2,722
68
100
34,000
137,000
Governors State
University Park
IL
1,918
46
23
23,000
92,500
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
32,500
132,500
Benedictine
Lisle
IL
2,131
42
100
30,500
124,000
Illinois-Urbana
Champaign
IL
32,854
59
48
30,500
122,000
Illinois Wesleyan
Bloomington
IL
1,616
61
99
41,500
167,500
Illinois Central
East Peoria
IL
2,905
100
26
19,000
38,000
IIT
Chicago
IL
2,882
60
100
36,000
144,500
Illinois State
Normal
IL
17,092
82
67
28,000
113,000
Illinois Valley CC
Oglesby
IL
1,099
100
7
9,000
18,500
John A Logan
Carterville
IL
1,736
100
18
11,000
21,500
Joliet Junior
Joliet
IL
4,690
100
7
11,500
23,500
Kaskaskia
Centralia
IL
1,295
100
25
10,000
20,000
Kishwaukee
Malta
IL
1,109
100
17
16,000
31,500
Knox
Galesburg
IL
1,223
68
99
29,500
116,000
Lake County
Grayslake
IL
4,140
100
12
14,000
28,500
Lake Forest
Lake Forest
IL
1,517
55
98
36,000
143,500
Lake Land
Mattoon
IL
2,082
100
41
12,500
25,500
Lewis and Clark CC
Godfrey
IL
1,690
100
14
12,500
25,500
Lewis
Romeoville
IL
3,542
64
100
32,500
128,000
Lincoln Land CC
Springfield
IL
2,177
100
9
15,500
31,500
Loyola Chicago
Chicago
IL
11,622
67
98
42,000
169,000
McHenry County
Crystal Lake
IL
2,093
100
1
20,500
42,000
McKendree
Lebanon
IL
1,484
63
100
29,000
116,000
Millikin
Decatur
IL
1,919
71
100
28,500
112,500
Moody Bible Institute
Chicago
IL
1,769
94
88
16,500
66,000
Moraine Valley CC
Palos Hills
IL
5,138
100
4
16,500
32,500
Morton
Cicero
IL
1,162
100
17
15,000
30,000
National Louis
Chicago
IL
2,370
98
6
11,500
46,000
North Central College
Naperville
IL
2,538
54
100
33,000
130,000
North Park
Chicago
IL
1,723
48
99
28,000
112,500
Northern Illinois
Dekalb
IL
10,567
48
92
27,500
110,500
Northwestern
Evanston
IL
8,284
9
57
68,500
281,000
Northeastern Illinois
Chicago
IL
3,294
58
23
25,000
103,000
Oakton CC
Des Plaines
IL
2,408
100
16
9,500
19,000
Olivet Nazarene
Bourbonnais
IL
2,855
58
100
26,000
105,000
Parkland
Champaign
IL
2,654
100
10
19,000
38,500
Prairie State
Chicago Heights
IL
1,254
100
11
20,500
41,000
Rend Lake
Ina
IL
1,123
100
44
8,000
16,500
Robert Morris Illinois
Chicago
IL
1,452
63
88
26,500
109,500
Rock Valley
Rockford
IL
2,728
100
4
16,000
32,000
Roosevelt
Chicago
IL
1,965
67
93
31,500
125,000
Dominican
River Forest
IL
2,011
64
100
28,500
116,000
St Francis
Joliet
IL
1,424
46
100
32,000
130,500
St Xavier
Chicago
IL
2,725
73
100
27,500
111,000
Illinois-Springfield
Springfield
IL
1,853
77
85
15,000
61,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
26,000
105,500
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
27,500
110,500
South Suburban
South Holland
IL
1,051
100
61
15,000
30,000
Triton
River Grove
IL
2,915
100
15
14,000
28,500
Waubonsee CC
Sugar Grove
IL
2,577
100
14
18,500
38,000
Western Illinois
Macomb
IL
5,151
57
53
26,500
105,500
Wheaton
Wheaton
IL
2,328
85
87
40,000
160,500
William Rainey Harper
Palatine
IL
4,519
100
9
22,500
45,500
Ball State
Muncie
IN
14,693
77
60
41,000
165,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
18,000
36,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
31,500
128,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
45,000
182,500
Southern Indiana
Evansville
IN
6,133
93
63
34,500
142,500
Indiana State
Terre Haute
IN
8,105
90
67
34,500
141,500
IU-Bloomington
Bloomington
IN
31,981
78
71
53,000
215,000
Notre Dame
Notre Dame
IN
8,708
16
55
48,000
197,000
Des Moines Area CC
Ankeny
IA
6,146
100
21
15,500
31,000
Iowa State
Ames
IA
26,713
92
79
31,500
128,500
Iowa
Iowa City
IA
21,212
83
57
41,500
171,000
Kirkwood CC
Cedar Rapids
IA
5,084
100
25
14,500
29,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
29,000
117,000
St Ambrose
Davenport
IA
2,122
77
100
27,000
111,500
Kansas
Lawrence
KS
17,257
93
73
44,000
181,000
Kansas State
Manhattan
KS
15,548
95
77
28,000
113,500
Eastern Kentucky
Richmond
KY
9,908
94
65
29,500
122,500
Kentucky
Lexington
KY
20,622
96
77
42,000
174,000
Louisville
Louisville
KY
11,560
69
80
33,000
136,000
Morehead State
Morehead
KY
5,393
78
74
20,500
82,000
Murray State
Murray
KY
6,190
82
89
37,500
154,000
Northern Kentucky
Highland Heights
KY
8,243
90
83
33,000
135,500
Western Kentucky
Bowling Green
KY
11,815
97
69
36,000
148,500
Central Michigan
Mount Pleasant
MI
12,798
70
90
32,500
132,000
Eastern Michigan
Ypsilanti
MI
10,572
74
91
30,000
121,000
Ferris State
Big Rapids
MI
7,779
87
72
21,500
87,000
Grand Valley State
Allendale
MI
18,810
83
71
29,500
120,000
Macomb CC
Warren
MI
6,045
100
12
14,500
29,500
Michigan-Ann Arbor
Ann Arbor
MI
30,204
23
52
69,500
284,000
Michigan State
East Lansing
MI
35,722
71
48
49,500
201,000
Michigan Technological
Houghton
MI
5,383
74
93
39,500
161,000
Michigan-Dearborn
Dearborn
MI
5,051
62
81
33,500
137,500
Northern Michigan
Marquette
MI
6,191
66
73
33,500
138,000
Oakland
Rochester Hills
MI
12,454
83
88
38,500
155,000
Saginaw Valley State
University Center
MI
6,348
73
95
33,000
136,000
Wayne State
Detroit
MI
13,107
73
94
40,500
167,500
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Minnesota State-Mankato
Mankato
MN
10,413
63
29
30,000
123,000
Minnesota
Minneapolis
MN
29,939
57
59
42,500
177,500
Central Missouri
Warrensburg
MO
6,688
65
62
28,000
113,500
Ozarks Tech CC
Springfield
MO
5,430
100
10
13,000
26,000
Lindenwood
Saint Charles
MO
5,000
88
99
23,500
95,000
Metropolitan CC-Kansas City
Lees Summit
MO
6,522
100
9
14,000
28,500
Missouri
Columbia
MO
20,676
81
77
44,500
181,000
Missouri-Kansas City
Kansas City
MO
6,487
61
73
41,000
166,500
Missouri Tech
Rolla
MO
5,692
79
81
21,500
85,500
Missouri-St Louis
St. Louis
MO
5,098
73
92
24,000
98,500
St Louis Univ
St. Louis
MO
6,691
58
97
37,000
149,500
St Louis CC
St. Louis
MO
6,114
100
7
13,000
26,000
SE Missouri State
Cape Girardeau
MO
7,152
86
83
20,000
80,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
30,000
122,500
Washington U St Louis
St. Louis
MO
7,139
14
41
75,000
306,000
Nebraska
Lincoln
NE
19,132
78
82
44,000
181,500
Akron
Akron
OH
11,641
73
76
29,000
117,000
Bowling Green State
Bowling Green
OH
12,936
72
68
30,000
120,500
Cincinnati
Cincinnati
OH
23,712
77
56
42,500
172,500
Dayton
Dayton
OH
8,046
72
95
41,500
168,500
Kent State
Kent
OH
18,432
86
87
34,000
140,000
Miami U-Oxford
Oxford
OH
16,682
80
70
51,000
209,000
Ohio State
Columbus
OH
42,776
54
70
53,000
218,500
Ohio U
Athens
OH
16,209
82
81
39,500
161,500
Toledo
Toledo
OH
12,548
96
88
25,500
103,500
Memphis
Memphis
TN
12,066
85
79
31,000
127,000
Middle Tennessee State
Murfreesboro
TN
15,721
94
33
45,000
183,500
Tennessee
Knoxville
TN
22,018
79
54
48,500
200,000
West Virginia
Morgantown
WV
19,369
84
76
38,500
158,500
Marquette
Milwaukee
WI
8,175
83
100
45,500
185,000
UW-Whitewater
Whitewater
WI
9,571
79
16
27,500
113,000
UW-Eau Claire
Eau Claire
WI
9,780
82
42
30,000
123,500
UW-La Crosse
La Crosse
WI
9,098
73
21
26,500
108,000
UW-Oshkosh
Oshkosh
WI
8,541
76
10
26,500
108,000
UW-Stout
Menomonie
WI
6,024
91
40
28,500
117,000
UW-Madison
Madison
WI
30,157
54
34
59,500
246,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
37,000
152,500
UW-Platteville
Platteville
WI
6,477
85
48
28,500
116,000
UW-River Falls
River Falls
WI
5,052
79
45
25,000
102,500
UW-Stevens Point
Stevens Point
WI
6,675
85
56
27,000
109,500
Purdue
West Lafayette
IN
32,606
60
43
41,500
170,500
Heartland CC
Normal
IL
1,832
100
17
18,000
36,000
American InterContinental
Hoffman Estates
IL
8,315
100
17
16,000
65,000
Chamberlain-Illinois
Addison
IL
2,771
100
8
27,000
109,500
2022-23 projected average net cost for selected colleges including both in- and out-of-state schools.
Scenario
Students with families with an average of $300,000 in annual income, $950,000 in financial assets and home equity of approximately $350,000 (in line with data from Federal Reserve Survey of Consumer Finances).
College City State Full-time students Admissions % % students paying discounted tuition Avg. annual net cost Total cost of degree
Alabama
Tuscaloosa
AL
29,135
83
56
49,000
203,000
Art Institute of Chicago
Chicago
IL
2,804
57
91
64,500
262,000
Augustana
Rock Island
IL
2,534
57
100
31,000
122,500
Aurora
Aurora
IL
3,679
87
100
28,500
117,000
Southwestern Illinois
Belleville
IL
3,496
100
18
16,500
33,500
Black Hawk
Moline
IL
1,562
100
30
16,500
33,000
Bradley
Peoria
IL
4,508
70
100
33,000
132,000
Chicago State
Chicago
IL
1,361
63
44
26,000
103,000
U of Chicago
Chicago
IL
6,846
6
51
83,000
337,500
Chicago CC-Kennedy-King
Chicago
IL
1,369
100
13
19,000
38,000
Chicago CC-Malcolm X
Chicago
IL
3,111
100
22
10,000
20,000
Chicago CC-Harry S Truman
Chicago
IL
1,285
100
24
9,500
19,500
Chicago CC-Richard J Daley
Chicago
IL
2,048
100
21
5,000
9,500
Chicago CC-Har Washington
Chicago
IL
3,865
100
19
14,500
29,500
Chicago CC-Wilbur Wright
Chicago
IL
3,078
100
25
7,000
13,500
Columbia Chicago
Chicago
IL
6,252
90
91
37,000
150,500
Concordia-Chicago
River Forest
IL
1,404
75
100
25,000
101,500
DePaul
Chicago
IL
12,784
68
98
36,500
147,500
DuPage
Glen Ellyn
IL
7,793
100
8
18,500
37,500
Eastern Illinois
Charleston
IL
3,990
53
77
20,500
81,000
Elgin CC
Elgin
IL
3,212
100
11
16,000
32,000
Elmhurst
Elmhurst
IL
2,722
68
100
34,000
137,000
Governors State
University Park
IL
1,918
46
23
23,000
92,500
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
32,500
132,500
Benedictine
Lisle
IL
2,131
42
100
34,500
140,000
Illinois-Urbana
Champaign
IL
32,854
59
48
30,500
122,000
Illinois Wesleyan
Bloomington
IL
1,616
61
99
41,500
167,500
Illinois Central
East Peoria
IL
2,905
100
26
19,000
38,000
IIT
Chicago
IL
2,882
60
100
43,500
174,500
Illinois State
Normal
IL
17,092
82
67
28,000
113,000
Illinois Valley CC
Oglesby
IL
1,099
100
7
11,000
22,500
John A Logan
Carterville
IL
1,736
100
18
11,000
22,000
Joliet Junior
Joliet
IL
4,690
100
7
16,000
32,500
Kaskaskia
Centralia
IL
1,295
100
25
11,500
23,000
Kishwaukee
Malta
IL
1,109
100
17
16,000
31,500
Knox
Galesburg
IL
1,223
68
99
29,500
116,000
Lake County
Grayslake
IL
4,140
100
12
14,000
28,500
Lake Forest
Lake Forest
IL
1,517
55
98
36,000
143,500
Lake Land
Mattoon
IL
2,082
100
41
12,500
25,500
Lewis and Clark CC
Godfrey
IL
1,690
100
14
16,500
33,500
Lewis
Romeoville
IL
3,542
64
100
32,500
128,000
Lincoln Land CC
Springfield
IL
2,177
100
9
15,500
31,500
Loyola Chicago
Chicago
IL
11,622
67
98
42,000
169,000
McHenry County
Crystal Lake
IL
2,093
100
1
27,500
56,000
McKendree
Lebanon
IL
1,484
63
100
29,000
116,000
Millikin
Decatur
IL
1,919
71
100
28,500
112,500
Moody Bible Institute
Chicago
IL
1,769
94
88
16,500
66,000
Moraine Valley CC
Palos Hills
IL
5,138
100
4
16,500
32,500
Morton
Cicero
IL
1,162
100
17
21,000
42,000
National Louis
Chicago
IL
2,370
98
6
11,500
46,000
North Central College
Naperville
IL
2,538
54
100
33,000
130,000
North Park
Chicago
IL
1,723
48
99
30,500
123,000
Northern Illinois
Dekalb
IL
10,567
48
92
27,500
110,500
Northwestern
Evanston
IL
8,284
9
57
80,000
327,000
Northeastern Illinois
Chicago
IL
3,294
58
23
25,000
103,000
Oakton CC
Des Plaines
IL
2,408
100
16
9,500
19,000
Olivet Nazarene
Bourbonnais
IL
2,855
58
100
26,000
105,000
Parkland
Champaign
IL
2,654
100
10
19,500
39,000
Prairie State
Chicago Heights
IL
1,254
100
11
20,500
41,000
Rend Lake
Ina
IL
1,123
100
44
8,000
16,500
Robert Morris Illinois
Chicago
IL
1,452
63
88
28,500
116,000
Rock Valley
Rockford
IL
2,728
100
4
19,500
39,500
Roosevelt
Chicago
IL
1,965
67
93
31,500
125,000
Dominican
River Forest
IL
2,011
64
100
28,500
116,000
St Francis
Joliet
IL
1,424
46
100
32,000
130,500
St Xavier
Chicago
IL
2,725
73
100
27,500
111,000
Illinois-Springfield
Springfield
IL
1,853
77
85
15,000
61,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
26,000
105,500
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
27,500
110,500
South Suburban
South Holland
IL
1,051
100
61
16,500
32,500
Triton
River Grove
IL
2,915
100
15
19,000
38,500
Waubonsee CC
Sugar Grove
IL
2,577
100
14
21,500
43,500
Western Illinois
Macomb
IL
5,151
57
53
26,500
105,500
Wheaton
Wheaton
IL
2,328
85
87
40,000
161,500
William Rainey Harper
Palatine
IL
4,519
100
9
25,000
50,500
Ball State
Muncie
IN
14,693
77
60
41,000
165,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
18,000
36,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
31,500
128,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
45,000
182,500
Southern Indiana
Evansville
IN
6,133
93
63
34,500
142,500
Indiana State
Terre Haute
IN
8,105
90
67
36,000
147,500
IU-Bloomington
Bloomington
IN
31,981
78
71
53,000
215,000
Notre Dame
Notre Dame
IN
8,708
16
55
69,000
283,500
Des Moines Area CC
Ankeny
IA
6,146
100
21
15,500
31,000
Iowa State
Ames
IA
26,713
92
79
31,500
128,500
Iowa
Iowa City
IA
21,212
83
57
41,500
171,000
Kirkwood CC
Cedar Rapids
IA
5,084
100
25
14,500
29,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
29,000
117,000
St Ambrose
Davenport
IA
2,122
77
100
27,000
111,500
Kansas
Lawrence
KS
17,257
93
73
44,000
181,000
Kansas State
Manhattan
KS
15,548
95
77
28,000
113,500
Eastern Kentucky
Richmond
KY
9,908
94
65
29,500
122,500
Kentucky
Lexington
KY
20,622
96
77
42,000
174,000
Louisville
Louisville
KY
11,560
69
80
33,000
136,000
Morehead State
Morehead
KY
5,393
78
74
20,500
82,000
Murray State
Murray
KY
6,190
82
89
37,500
154,000
Northern Kentucky
Highland Heights
KY
8,243
90
83
33,000
135,500
Western Kentucky
Bowling Green
KY
11,815
97
69
36,000
148,500
Central Michigan
Mount Pleasant
MI
12,798
70
90
32,500
132,000
Eastern Michigan
Ypsilanti
MI
10,572
74
91
30,000
121,000
Ferris State
Big Rapids
MI
7,779
87
72
21,500
87,000
Grand Valley State
Allendale
MI
18,810
83
71
31,500
127,000
Macomb CC
Warren
MI
6,045
100
12
14,500
29,500
Michigan-Ann Arbor
Ann Arbor
MI
30,204
23
52
69,500
284,000
Michigan State
East Lansing
MI
35,722
71
48
49,500
201,000
Michigan Technological
Houghton
MI
5,383
74
93
39,500
161,000
Michigan-Dearborn
Dearborn
MI
5,051
62
81
33,500
137,500
Northern Michigan
Marquette
MI
6,191
66
73
33,500
138,000
Oakland
Rochester Hills
MI
12,454
83
88
38,500
155,000
Saginaw Valley State
University Center
MI
6,348
73
95
33,000
136,000
Wayne State
Detroit
MI
13,107
73
94
40,500
167,500
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Minnesota State-Mankato
Mankato
MN
10,413
63
29
30,000
123,000
Minnesota
Minneapolis
MN
29,939
57
59
42,500
177,500
Central Missouri
Warrensburg
MO
6,688
65
62
28,000
113,500
Ozarks Tech CC
Springfield
MO
5,430
100
10
13,000
26,000
Lindenwood
Saint Charles
MO
5,000
88
99
23,500
95,000
Metropolitan CC-Kansas City
Lees Summit
MO
6,522
100
9
14,000
28,500
Missouri
Columbia
MO
20,676
81
77
44,500
181,000
Missouri-Kansas City
Kansas City
MO
6,487
61
73
41,000
166,500
Missouri Tech
Rolla
MO
5,692
79
81
21,500
85,500
Missouri-St Louis
St. Louis
MO
5,098
73
92
24,000
98,500
St Louis Univ
St. Louis
MO
6,691
58
97
37,000
149,500
St Louis CC
St. Louis
MO
6,114
100
7
13,000
26,000
SE Missouri State
Cape Girardeau
MO
7,152
86
83
20,000
80,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
30,000
122,500
Washington U St Louis
St. Louis
MO
7,139
14
41
77,500
316,000
Nebraska
Lincoln
NE
19,132
78
82
44,000
181,500
Akron
Akron
OH
11,641
73
76
32,000
129,500
Bowling Green State
Bowling Green
OH
12,936
72
68
32,500
131,000
Cincinnati
Cincinnati
OH
23,712
77
56
42,500
172,500
Dayton
Dayton
OH
8,046
72
95
43,000
173,500
Kent State
Kent
OH
18,432
86
87
38,000
156,000
Miami U-Oxford
Oxford
OH
16,682
80
70
51,500
211,500
Ohio State
Columbus
OH
42,776
54
70
53,000
218,500
Ohio U
Athens
OH
16,209
82
81
39,500
161,500
Toledo
Toledo
OH
12,548
96
88
25,500
103,500
Memphis
Memphis
TN
12,066
85
79
31,000
127,000
Middle Tennessee State
Murfreesboro
TN
15,721
94
33
45,000
183,500
Tennessee
Knoxville
TN
22,018
79
54
48,500
200,000
West Virginia
Morgantown
WV
19,369
84
76
38,500
158,500
Marquette
Milwaukee
WI
8,175
83
100
45,500
185,000
UW-Whitewater
Whitewater
WI
9,571
79
16
27,500
113,000
UW-Eau Claire
Eau Claire
WI
9,780
82
42
30,000
123,500
UW-La Crosse
La Crosse
WI
9,098
73
21
26,500
108,000
UW-Oshkosh
Oshkosh
WI
8,541
76
10
26,500
108,000
UW-Stout
Menomonie
WI
6,024
91
40
28,500
117,000
UW-Madison
Madison
WI
30,157
54
34
59,500
246,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
37,000
152,500
UW-Platteville
Platteville
WI
6,477
85
48
28,500
116,000
UW-River Falls
River Falls
WI
5,052
79
45
25,000
102,500
UW-Stevens Point
Stevens Point
WI
6,675
85
56
27,000
109,500
Purdue
West Lafayette
IN
32,606
60
43
41,500
170,500
Heartland CC
Normal
IL
1,832
100
17
18,000
36,000
American InterContinental
Hoffman Estates
IL
8,315
100
17
16,000
66,000
Chamberlain-Illinois
Addison
IL
2,771
100
8
28,000
112,500
2022-23 projected average net cost for selected colleges including both in- and out-of-state schools.
National Online Colleges
Online education has been a growing trend in undergraduate education and is expected to increase in the future. Most of the schools included in this report have portions of their traditional class load presented online. Several large national online colleges have established themselves. Most popular among older undergraduates, these colleges are accessible to all students wherever they live. The list below provides details about these schools and their costs. These schools are almost all open admission, often with rolling classes that allow students to start their degrees weeks after applying.
wdt_ID | Name | Location | Number of Undergraduates (total) | Number of Undergraduates (online only) | 2020 Tuition & fees, In-state | 2020 tuition & fees, Out-of-state |
---|---|---|---|---|---|---|
1 | Western Governors | UT | 88,921 | 88,921 | 7,100 | 7,100 |
2 | Southern New Hampshire | NH | 82,693 | 76,904 | 9,600 | 9,600 |
3 | American Public University | WV | 37,746 | 37,746 | 9,200 | 9,200 |
4 | Maryland- Global Campus | MD | 47,253 | 36,385 | 9,325 | 15,295 |
5 | Grand Canyon University | AZ | 54,139 | 36,273 | 14,750 | 14,750 |
6 | Liberty University | VA | 45,935 | 32,614 | 12,098 | 12,098 |
7 | Strayer | Multiple | 34,395 | 30,789 | 14,930 | 14,930 |
8 | Arizona Global Campus | CA | 28,701 | 28,701 | 16,450 | 16,450 |
9 | Purdue Global | IA | 97,404 | 26,505 | 13,290 | 17,385 |
10 | Brigham Young-Idaho | ID | 42,341 | 21,171 | 1,920 | 1,920 |

Glossary
Cost of Attendance – Full tuition, room, board, fees and an estimate of supplies. The maximum a student can receive or borrow from a Federal Title IV program is the cost of attendance at the college where they enroll.
Federal student financing– Classified as Title IV aid, the US Department of Education finances higher education through several programs, some which obligate the borrower to repay the amount (loans) and some that do not need to be repaid (grants). Loans made through this program are NOT dischargeable in bankruptcy. Major federal programs include:
Pell Grants – Up to $6,345 in 2020/21 calculated based on the student’s FAFSA filing EFC. The lower your EFC, the more in Pell Grants you can receive. Generally, families with incomes below about $90,000 will be eligible for Pell Grants, with declining amount of grants as income and assets increase.
Direct Subsidized Loans – Loans from the federal government that do not accrue interest while the student is enrolled in college and begin to accrue interest when the student graduates or leaves school. In 2020/21, Direct Subsidized Loans charged an interest rate of 2.75%, which is fixed for the life of the loan, and had relatively low maximum amounts and a low 1.1% upfront cost. These loans are not dischargeable in bankruptcy.
Direct Unsubsidized Loans – Loans from the federal government that accrue interest while the student is enrolled in college. In 2020/21, Direct Unsubsidized Loans charged an interest rate of 2.75%, which is fixed for the life of the loan, and had relatively low maximum amounts and a low 1.1% upfront cost. These loans are not dischargeable in bankruptcy.
Direct PLUS loans – Loans from the federal government to the parent of the undergraduate. Larger amounts can be borrowed under this PLUS program compared to the Direct Subsidized and Unsubsidized programs described above, covering need up to the Cost of Attendance. In 2020/21, Direct Subsidized and Unsibsidized Loans charged an interest rate of 7.1%, which is fixed for the life of the loan. The loan costs 4.2% upfront, so add that amount to your college costs if you borrow using this program. These loans are not dischargeable in bankruptcy.
Full tuition – The maximum a college has decided to charge its undergraduates. Colleges often lower the actual cost on a student-by-student basis for the reasons stated earlier.
Room & board – Traditional undergraduate education usually includes on-campus lodging and meals. This room and board is included in the net cost found here. Schools also provide estimates of room, board and living costs for students living off campus. These estimates vary widely even for colleges close to one other.