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 College net price calculators are often outdated and don’t reflect true costs.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 |
---|---|---|---|---|---|---|
Anderson | Anderson | 1,213 | 63 | 1010 | 100 | 25,500 |
Ball State | Muncie | 14,693 | 77 | 60 | 18,000 | |
Bethel-Indiana | Mishawaka | 1,018 | 94 | 950 | 100 | 20,000 |
Butler | Indianapolis | 4,509 | 73 | 1160 | 93 | 42,500 |
DePauw | Greencastle | 1,943 | 64 | 1140 | 99 | 30,500 |
Earlham | Richmond | 919 | 63 | 1120 | 100 | 23,000 |
Evansville | Evansville | 1,822 | 71 | 1100 | 100 | 24,000 |
Grace College | Winona Lake | 1,385 | 80 | 93 | 21,500 | |
Hanover | Hanover | 1,065 | 65 | 1030 | 100 | 22,500 |
Ivy Tech CC | Indianapolis | 21,242 | 100 | 15 | 8,500 | |
Purdue Ft Wayne | Fort Wayne | 5,370 | 81 | 970 | 78 | 12,500 |
IUPU-Indianapolis | Indianapolis | 17,630 | 81 | 990 | 65 | 15,000 |
Univ of Indianapolis | Indianapolis | 4,066 | 93 | 980 | 99 | 22,500 |
Indiana Tech | Fort Wayne | 1,429 | 60 | 930 | 99 | 26,500 |
Southern Indiana | Evansville | 6,133 | 93 | 990 | 63 | 15,500 |
Indiana State | Terre Haute | 8,105 | 90 | 67 | 17,500 | |
Indiana-Kokomo | Kokomo | 2,315 | 74 | 960 | 32 | 11,000 |
Indiana-South Bend | South Bend | 3,481 | 78 | 950 | 56 | 14,000 |
IU-Bloomington | Bloomington | 31,981 | 78 | 1160 | 71 | 18,000 |
Indiana-Northwest | Gary | 2,515 | 75 | 920 | 19 | 11,000 |
Indiana-Southeast | New Albany | 3,099 | 82 | 920 | 20 | 15,000 |
Indiana U-East | Richmond | 2,031 | 63 | 930 | 45 | 8,500 |
Manchester | North Manchester | 1,060 | 56 | 100 | 17,500 | |
Marian | Indianapolis | 2,039 | 62 | 970 | 100 | 22,000 |
Indiana Wesleyan-Marion | Marion | 2,528 | 67 | 1020 | 100 | 20,000 |
Notre Dame | Notre Dame | 8,708 | 16 | 590 | 55 | 52,500 |
Rose-Hulman | Terre Haute | 1,980 | 74 | 1240 | 99 | 47,000 |
St Francis-Ft Wayne | Fort Wayne | 1,497 | 96 | 950 | 98 | 23,500 |
St Mary's College (IN) | Notre Dame | 1,421 | 81 | 1080 | 100 | 27,000 |
Taylor | Upland | 1,799 | 68 | 1100 | 98 | 27,500 |
Trine | Angola | 2,125 | 82 | 1050 | 93 | 23,500 |
Valparaiso | Valparaiso | 2,940 | 86 | 1080 | 99 | 24,500 |
Vincennes | Vincennes | 4,640 | 100 | 31 | 14,000 | |
Purdue | West Lafayette | 32,606 | 60 | 1200 | 43 | 19,000 |
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 |
U of Chicago | Chicago | IL | 6,846 | 6 | 1470 | 51 | 60,000 |
Columbia Chicago | Chicago | IL | 6,252 | 90 | 91 | 35,000 | |
DePaul | Chicago | IL | 12,784 | 68 | 98 | 34,500 | |
DuPage | Glen Ellyn | IL | 7,793 | 100 | 8 | 22,000 | |
Illinois-Chicago Circle | Chicago | IL | 20,195 | 73 | 1040 | 62 | 40,500 |
Illinois-Urbana | Champaign | IL | 32,854 | 59 | 1210 | 48 | 33,500 |
Illinois State | Normal | IL | 17,092 | 82 | 1020 | 67 | 29,000 |
Loyola Chicago | Chicago | IL | 11,622 | 67 | 1150 | 98 | 41,000 |
Moraine Valley CC | Palos Hills | IL | 5,138 | 100 | 4 | 17,000 | |
Northern Illinois | Dekalb | IL | 10,567 | 48 | 950 | 92 | 22,500 |
Northwestern | Evanston | IL | 8,284 | 9 | 1430 | 57 | 47,000 |
S Illinois-Carbondale | Carbondale | IL | 7,150 | 66 | 1030 | 83 | 36,000 |
S Illinois-Edwardsville | Edwardsville | IL | 8,615 | 86 | 1030 | 83 | 31,500 |
Western Illinois | Macomb | IL | 5,151 | 57 | 950 | 53 | 21,000 |
Iowa State | Ames | IA | 26,713 | 92 | 1080 | 79 | 27,000 |
Iowa | Iowa City | IA | 21,212 | 83 | 1090 | 57 | 36,000 |
Northern Iowa | Cedar Falls | IA | 8,228 | 79 | 1000 | 64 | 23,500 |
Bellarmine | Louisville | KY | 2,416 | 66 | 1080 | 100 | 26,000 |
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 |
Southwestern Michigan | Dowagiac | MI | 910 | 100 | 52 | 15,000 | |
Wayne State | Detroit | MI | 13,107 | 73 | 1020 | 94 | 27,500 |
Western Michigan | Kalamazoo | MI | 14,558 | 80 | 990 | 49 | 26,500 |
Missouri | Columbia | MO | 20,676 | 81 | 1140 | 77 | 27,500 |
Missouri State-Springfield | Springfield | MO | 14,005 | 88 | 1040 | 63 | 24,000 |
Buffalo | Buffalo | NY | 20,401 | 61 | 1160 | 69 | 25,500 |
UNC Chapel Hill | Chapel Hill | NC | 18,528 | 23 | 1280 | 41 | 30,000 |
UNC Charlotte | Charlotte | NC | 20,877 | 65 | 1110 | 41 | 23,500 |
North Carolina State | Raleigh | NC | 22,820 | 45 | 1240 | 48 | 25,500 |
Akron | Akron | OH | 11,641 | 73 | 980 | 76 | 22,000 |
Bowling Green State | Bowling Green | OH | 12,936 | 72 | 980 | 68 | 20,500 |
Case Western Reserve | Cleveland | OH | 5,237 | 27 | 1340 | 85 | 43,500 |
Cedarville | Cedarville | OH | 3,438 | 79 | 1130 | 100 | 24,500 |
Cincinnati | Cincinnati | OH | 23,712 | 77 | 1140 | 56 | 33,500 |
Cleveland State | Cleveland | OH | 9,097 | 94 | 1000 | 55 | 31,500 |
Columbus State CC | Columbus | OH | 6,683 | 100 | 15 | 15,000 | |
Cuyahoga CC District | Cleveland | OH | 6,205 | 100 | 6 | 13,000 | |
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 |
Wright State | Dayton | OH | 7,226 | 95 | 940 | 53 | 22,500 |
Xavier | Cincinnati | OH | 4,834 | 76 | 1090 | 99 | 35,500 |
Youngstown State | Youngstown | OH | 8,715 | 67 | 960 | 73 | 21,000 |
Drexel | Philadelphia | PA | 13,878 | 75 | 1190 | 100 | 38,500 |
Penn State | University Park | PA | 66,409 | 54 | 1080 | 43 | 49,000 |
Univ of Pennsylvania | Philadelphia | PA | 10,448 | 8 | 1440 | 49 | 51,500 |
Pittsburgh | Pittsburgh | PA | 18,392 | 57 | 1260 | 47 | 34,000 |
Temple | Philadelphia | PA | 26,247 | 60 | 79 | 34,000 | |
Belmont | Nashville | TN | 6,563 | 84 | 1140 | 88 | 37,000 |
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 |
Tennessee State | Nashville | TN | 4,807 | 100 | 40 | 31,000 | |
George Mason | Fairfax | VA | 21,672 | 87 | 1110 | 37 | 46,000 |
Liberty | Lynchburg | VA | 28,487 | 51 | 1040 | 81 | 29,000 |
Virginia Tech | Blacksburg | VA | 28,584 | 70 | 1180 | 36 | 40,500 |
Virginia Commonwealth | Richmond | VA | 19,825 | 87 | 1070 | 60 | 34,000 |
Marshall | Huntington | WV | 7,123 | 87 | 960 | 81 | 23,000 |
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-Madison | Madison | WI | 30,157 | 54 | 1260 | 34 | 50,500 |
UW-Milwaukee | Milwaukee | WI | 17,456 | 77 | 980 | 23 | 36,000 |
American InterContinental | Hoffman Estates | IL | 8,315 | 100 | 17 | 13,500 |
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) |
---|---|---|---|---|---|---|---|---|
Ivy Tech CC | Indianapolis | 21,242 | 51,447 | 4,500 | 8,500 | - |
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
U of Chicago
Chicago
IL
6,846
6
51
3,500
13,500
Columbia Chicago
Chicago
IL
6,252
90
91
28,000
114,500
DePaul
Chicago
IL
12,784
68
98
26,000
106,500
DuPage
Glen Ellyn
IL
7,793
100
8
8,500
17,000
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
30,000
123,500
Illinois-Urbana
Champaign
IL
32,854
59
48
24,000
97,000
Illinois State
Normal
IL
17,092
82
67
21,000
85,500
Loyola Chicago
Chicago
IL
11,622
67
98
31,500
129,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
4,000
8,000
Northern Illinois
Dekalb
IL
10,567
48
92
18,500
75,500
Northwestern
Evanston
IL
8,284
9
57
5,000
20,500
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
31,500
128,000
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
8,000
33,000
Western Illinois
Macomb
IL
5,151
57
53
13,500
55,000
Anderson
Anderson
IN
1,213
63
100
20,000
80,500
Ball State
Muncie
IN
14,693
77
60
9,000
37,500
Bethel-Indiana
Mishawaka
IN
1,018
94
100
13,500
55,500
Butler
Indianapolis
IN
4,509
73
93
30,000
122,500
DePauw
Greencastle
IN
1,943
64
99
14,500
59,500
Earlham
Richmond
IN
919
63
100
16,000
67,000
Evansville
Evansville
IN
1,822
71
100
15,500
63,500
Grace College
Winona Lake
IN
1,385
80
93
16,500
68,000
Hanover
Hanover
IN
1,065
65
100
16,000
65,500
Ivy Tech CC
Indianapolis
IN
21,242
100
15
5,500
11,000
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
7,000
27,500
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
5,000
20,000
Univ of Indianapolis
Indianapolis
IN
4,066
93
99
15,500
61,000
Indiana Tech
Fort Wayne
IN
1,429
60
99
18,000
72,500
Southern Indiana
Evansville
IN
6,133
93
63
8,500
35,500
Indiana State
Terre Haute
IN
8,105
90
67
11,000
44,500
Indiana-Kokomo
Kokomo
IN
2,315
74
32
4,000
15,500
Indiana-South Bend
South Bend
IN
3,481
78
56
5,000
19,000
IU-Bloomington
Bloomington
IN
31,981
78
71
5,000
20,500
Indiana-Northwest
Gary
IN
2,515
75
19
3,000
12,500
Indiana-Southeast
New Albany
IN
3,099
82
20
6,500
26,500
Indiana U-East
Richmond
IN
2,031
63
45
3,500
13,500
Manchester
North Manchester
IN
1,060
56
100
15,500
61,500
Marian
Indianapolis
IN
2,039
62
100
14,500
58,500
Indiana Wesleyan-Marion
Marion
IN
2,528
67
100
15,000
60,000
Notre Dame
Notre Dame
IN
8,708
16
55
8,500
35,000
Rose-Hulman
Terre Haute
IN
1,980
74
99
34,500
142,000
St Francis-Ft Wayne
Fort Wayne
IN
1,497
96
98
14,000
56,500
St Mary's College (IN)
Notre Dame
IN
1,421
81
100
14,500
60,000
Taylor
Upland
IN
1,799
68
98
19,000
77,500
Trine
Angola
IN
2,125
82
93
17,500
70,500
Valparaiso
Valparaiso
IN
2,940
86
99
16,000
67,000
Vincennes
Vincennes
IN
4,640
100
31
9,000
36,500
Iowa State
Ames
IA
26,713
92
79
14,500
60,500
Iowa
Iowa City
IA
21,212
83
57
25,500
104,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
17,500
69,500
Bellarmine
Louisville
KY
2,416
66
100
19,000
77,000
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
Southwestern Michigan
Dowagiac
MI
910
100
52
14,500
29,500
Wayne State
Detroit
MI
13,107
73
94
25,500
106,500
Western Michigan
Kalamazoo
MI
14,558
80
49
24,000
97,500
Missouri
Columbia
MO
20,676
81
77
18,500
75,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
19,500
79,500
Buffalo
Buffalo
NY
20,401
61
69
22,500
90,500
UNC Chapel Hill
Chapel Hill
NC
18,528
23
41
2,000
7,500
UNC Charlotte
Charlotte
NC
20,877
65
41
17,000
70,000
North Carolina State
Raleigh
NC
22,820
45
48
13,000
53,000
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
Case Western Reserve
Cleveland
OH
5,237
27
85
11,500
47,000
Cedarville
Cedarville
OH
3,438
79
100
17,000
69,500
Cincinnati
Cincinnati
OH
23,712
77
56
25,000
101,500
Cleveland State
Cleveland
OH
9,097
94
55
21,500
89,500
Columbus State CC
Columbus
OH
6,683
100
15
8,000
16,500
Cuyahoga CC District
Cleveland
OH
6,205
100
6
7,000
14,000
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
Wright State
Dayton
OH
7,226
95
53
17,500
73,000
Xavier
Cincinnati
OH
4,834
76
99
28,500
118,000
Youngstown State
Youngstown
OH
8,715
67
73
14,000
56,500
Drexel
Philadelphia
PA
13,878
75
100
25,000
101,000
Penn State
University Park
PA
66,409
54
43
39,500
159,500
Univ of Pennsylvania
Philadelphia
PA
10,448
8
49
4,000
16,000
Pittsburgh
Pittsburgh
PA
18,392
57
47
18,000
72,500
Temple
Philadelphia
PA
26,247
60
79
28,000
115,000
Belmont
Nashville
TN
6,563
84
88
26,500
109,000
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
Tennessee State
Nashville
TN
4,807
100
40
31,000
129,500
George Mason
Fairfax
VA
21,672
87
37
35,000
144,500
Liberty
Lynchburg
VA
28,487
51
81
27,000
110,500
Virginia Tech
Blacksburg
VA
28,584
70
36
34,000
138,500
Virginia Commonwealth
Richmond
VA
19,825
87
60
24,500
100,500
Marshall
Huntington
WV
7,123
87
81
14,500
59,000
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-Madison
Madison
WI
30,157
54
34
32,000
132,000
UW-Milwaukee
Milwaukee
WI
17,456
77
23
26,500
107,500
Purdue
West Lafayette
IN
32,606
60
43
5,500
22,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
11,500
47,500
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
U of Chicago
Chicago
IL
6,846
6
51
5,000
21,500
Columbia Chicago
Chicago
IL
6,252
90
91
29,000
117,500
DePaul
Chicago
IL
12,784
68
98
26,500
109,000
DuPage
Glen Ellyn
IL
7,793
100
8
10,000
20,000
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
31,000
128,000
Illinois-Urbana
Champaign
IL
32,854
59
48
28,500
116,000
Illinois State
Normal
IL
17,092
82
67
22,000
89,000
Loyola Chicago
Chicago
IL
11,622
67
98
31,500
130,000
Moraine Valley CC
Palos Hills
IL
5,138
100
4
5,000
10,500
Northern Illinois
Dekalb
IL
10,567
48
92
19,000
76,500
Northwestern
Evanston
IL
8,284
9
57
5,500
21,500
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
32,000
130,500
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
9,500
38,500
Western Illinois
Macomb
IL
5,151
57
53
14,000
56,500
Anderson
Anderson
IN
1,213
63
100
19,500
81,000
Ball State
Muncie
IN
14,693
77
60
11,000
47,500
Bethel-Indiana
Mishawaka
IN
1,018
94
100
13,500
55,500
Butler
Indianapolis
IN
4,509
73
93
31,500
135,000
DePauw
Greencastle
IN
1,943
64
99
18,500
77,000
Earlham
Richmond
IN
919
63
100
15,500
67,000
Evansville
Evansville
IN
1,822
71
100
17,000
69,000
Grace College
Winona Lake
IN
1,385
80
93
16,000
68,000
Hanover
Hanover
IN
1,065
65
100
17,000
70,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
6,000
13,000
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
7,500
30,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
6,500
26,000
Univ of Indianapolis
Indianapolis
IN
4,066
93
99
16,000
61,000
Indiana Tech
Fort Wayne
IN
1,429
60
99
18,000
72,500
Southern Indiana
Evansville
IN
6,133
93
63
10,000
41,500
Indiana State
Terre Haute
IN
8,105
90
67
11,500
51,000
Indiana-Kokomo
Kokomo
IN
2,315
74
32
6,000
24,000
Indiana-South Bend
South Bend
IN
3,481
78
56
6,000
23,500
IU-Bloomington
Bloomington
IN
31,981
78
71
6,500
25,500
Indiana-Northwest
Gary
IN
2,515
75
19
5,000
20,500
Indiana-Southeast
New Albany
IN
3,099
82
20
8,000
33,500
Indiana U-East
Richmond
IN
2,031
63
45
5,500
21,000
Manchester
North Manchester
IN
1,060
56
100
16,500
63,500
Marian
Indianapolis
IN
2,039
62
100
14,500
59,000
Indiana Wesleyan-Marion
Marion
IN
2,528
67
100
15,500
60,000
Notre Dame
Notre Dame
IN
8,708
16
55
9,500
42,000
Rose-Hulman
Terre Haute
IN
1,980
74
99
33,500
142,000
St Francis-Ft Wayne
Fort Wayne
IN
1,497
96
98
13,500
56,500
St Mary's College (IN)
Notre Dame
IN
1,421
81
100
15,000
65,000
Taylor
Upland
IN
1,799
68
98
21,000
91,000
Trine
Angola
IN
2,125
82
93
18,000
70,500
Valparaiso
Valparaiso
IN
2,940
86
99
16,500
71,500
Vincennes
Vincennes
IN
4,640
100
31
10,000
41,500
Iowa State
Ames
IA
26,713
92
79
16,000
65,000
Iowa
Iowa City
IA
21,212
83
57
29,000
119,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
19,500
77,500
Bellarmine
Louisville
KY
2,416
66
100
19,000
77,000
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
Southwestern Michigan
Dowagiac
MI
910
100
52
16,000
32,000
Wayne State
Detroit
MI
13,107
73
94
26,000
108,000
Western Michigan
Kalamazoo
MI
14,558
80
49
26,500
107,500
Missouri
Columbia
MO
20,676
81
77
19,500
80,000
Missouri State-Springfield
Springfield
MO
14,005
88
63
20,500
83,500
Buffalo
Buffalo
NY
20,401
61
69
25,500
103,500
UNC Chapel Hill
Chapel Hill
NC
18,528
23
41
5,000
20,500
UNC Charlotte
Charlotte
NC
20,877
65
41
18,500
75,500
North Carolina State
Raleigh
NC
22,820
45
48
15,500
63,500
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
Case Western Reserve
Cleveland
OH
5,237
27
85
13,500
56,500
Cedarville
Cedarville
OH
3,438
79
100
17,000
69,500
Cincinnati
Cincinnati
OH
23,712
77
56
28,000
112,500
Cleveland State
Cleveland
OH
9,097
94
55
22,000
90,000
Columbus State CC
Columbus
OH
6,683
100
15
9,500
19,500
Cuyahoga CC District
Cleveland
OH
6,205
100
6
8,500
17,500
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
Wright State
Dayton
OH
7,226
95
53
19,000
77,500
Xavier
Cincinnati
OH
4,834
76
99
31,000
128,000
Youngstown State
Youngstown
OH
8,715
67
73
15,000
62,000
Drexel
Philadelphia
PA
13,878
75
100
26,500
107,000
Penn State
University Park
PA
66,409
54
43
41,000
167,500
Univ of Pennsylvania
Philadelphia
PA
10,448
8
49
5,000
21,500
Pittsburgh
Pittsburgh
PA
18,392
57
47
19,500
78,000
Temple
Philadelphia
PA
26,247
60
79
29,000
119,000
Belmont
Nashville
TN
6,563
84
88
29,500
119,500
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
Tennessee State
Nashville
TN
4,807
100
40
33,000
136,500
George Mason
Fairfax
VA
21,672
87
37
37,000
152,500
Liberty
Lynchburg
VA
28,487
51
81
27,000
110,500
Virginia Tech
Blacksburg
VA
28,584
70
36
37,500
153,500
Virginia Commonwealth
Richmond
VA
19,825
87
60
28,000
114,000
Marshall
Huntington
WV
7,123
87
81
17,500
70,500
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-Madison
Madison
WI
30,157
54
34
37,500
154,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
29,500
120,000
Purdue
West Lafayette
IN
32,606
60
43
5,500
23,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
12,500
50,000
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
U of Chicago
Chicago
IL
6,846
6
51
9,000
36,500
Columbia Chicago
Chicago
IL
6,252
90
91
32,500
131,500
DePaul
Chicago
IL
12,784
68
98
28,000
113,500
DuPage
Glen Ellyn
IL
7,793
100
8
13,500
28,000
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
36,500
150,500
Illinois-Urbana
Champaign
IL
32,854
59
48
37,000
149,500
Illinois State
Normal
IL
17,092
82
67
28,000
113,000
Loyola Chicago
Chicago
IL
11,622
67
98
34,500
142,000
Moraine Valley CC
Palos Hills
IL
5,138
100
4
9,000
17,500
Northern Illinois
Dekalb
IL
10,567
48
92
21,000
85,500
Northwestern
Evanston
IL
8,284
9
57
9,000
36,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
34,500
141,000
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
13,500
55,000
Western Illinois
Macomb
IL
5,151
57
53
16,000
65,000
Anderson
Anderson
IN
1,213
63
100
22,000
90,000
Ball State
Muncie
IN
14,693
77
60
16,500
67,000
Bethel-Indiana
Mishawaka
IN
1,018
94
100
19,000
77,000
Butler
Indianapolis
IN
4,509
73
93
37,500
155,000
DePauw
Greencastle
IN
1,943
64
99
19,500
79,500
Earlham
Richmond
IN
919
63
100
19,000
77,500
Evansville
Evansville
IN
1,822
71
100
19,500
79,000
Grace College
Winona Lake
IN
1,385
80
93
22,000
90,000
Hanover
Hanover
IN
1,065
65
100
20,500
84,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
9,500
19,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
12,000
48,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
12,000
49,000
Univ of Indianapolis
Indianapolis
IN
4,066
93
99
19,500
78,500
Indiana Tech
Fort Wayne
IN
1,429
60
99
20,000
80,500
Southern Indiana
Evansville
IN
6,133
93
63
15,500
62,500
Indiana State
Terre Haute
IN
8,105
90
67
17,500
71,500
Indiana-Kokomo
Kokomo
IN
2,315
74
32
11,000
45,000
Indiana-South Bend
South Bend
IN
3,481
78
56
11,000
44,500
IU-Bloomington
Bloomington
IN
31,981
78
71
12,000
49,000
Indiana-Northwest
Gary
IN
2,515
75
19
10,000
40,500
Indiana-Southeast
New Albany
IN
3,099
82
20
12,000
48,000
Indiana U-East
Richmond
IN
2,031
63
45
10,000
39,000
Manchester
North Manchester
IN
1,060
56
100
16,000
63,500
Marian
Indianapolis
IN
2,039
62
100
20,500
82,500
Indiana Wesleyan-Marion
Marion
IN
2,528
67
100
18,000
72,000
Notre Dame
Notre Dame
IN
8,708
16
55
19,000
77,500
Rose-Hulman
Terre Haute
IN
1,980
74
99
37,500
153,500
St Francis-Ft Wayne
Fort Wayne
IN
1,497
96
98
19,000
78,000
St Mary's College (IN)
Notre Dame
IN
1,421
81
100
19,000
77,500
Taylor
Upland
IN
1,799
68
98
25,000
103,500
Trine
Angola
IN
2,125
82
93
20,000
80,000
Valparaiso
Valparaiso
IN
2,940
86
99
19,000
79,000
Vincennes
Vincennes
IN
4,640
100
31
13,500
55,500
Iowa State
Ames
IA
26,713
92
79
21,000
85,500
Iowa
Iowa City
IA
21,212
83
57
34,500
142,500
Northern Iowa
Cedar Falls
IA
8,228
79
64
23,000
93,000
Bellarmine
Louisville
KY
2,416
66
100
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
Southwestern Michigan
Dowagiac
MI
910
100
52
16,000
32,000
Wayne State
Detroit
MI
13,107
73
94
29,000
119,000
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Missouri
Columbia
MO
20,676
81
77
22,000
89,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
24,500
100,500
Buffalo
Buffalo
NY
20,401
61
69
31,000
125,500
UNC Chapel Hill
Chapel Hill
NC
18,528
23
41
13,000
53,000
UNC Charlotte
Charlotte
NC
20,877
65
41
23,500
96,000
North Carolina State
Raleigh
NC
22,820
45
48
22,000
89,500
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
Case Western Reserve
Cleveland
OH
5,237
27
85
25,000
103,500
Cedarville
Cedarville
OH
3,438
79
100
20,000
81,500
Cincinnati
Cincinnati
OH
23,712
77
56
31,500
128,500
Cleveland State
Cleveland
OH
9,097
94
55
22,000
90,000
Columbus State CC
Columbus
OH
6,683
100
15
13,500
27,000
Cuyahoga CC District
Cleveland
OH
6,205
100
6
12,000
24,500
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
Wright State
Dayton
OH
7,226
95
53
22,000
90,000
Xavier
Cincinnati
OH
4,834
76
99
34,000
140,000
Youngstown State
Youngstown
OH
8,715
67
73
19,000
78,000
Drexel
Philadelphia
PA
13,878
75
100
32,500
129,500
Penn State
University Park
PA
66,409
54
43
48,000
194,500
Univ of Pennsylvania
Philadelphia
PA
10,448
8
49
13,000
53,000
Pittsburgh
Pittsburgh
PA
18,392
57
47
24,000
96,500
Temple
Philadelphia
PA
26,247
60
79
32,500
132,000
Belmont
Nashville
TN
6,563
84
88
33,000
135,000
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
Tennessee State
Nashville
TN
4,807
100
40
33,000
137,000
George Mason
Fairfax
VA
21,672
87
37
43,500
178,500
Liberty
Lynchburg
VA
28,487
51
81
29,000
120,000
Virginia Tech
Blacksburg
VA
28,584
70
36
39,500
161,500
Virginia Commonwealth
Richmond
VA
19,825
87
60
32,500
132,000
Marshall
Huntington
WV
7,123
87
81
21,000
84,500
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-Madison
Madison
WI
30,157
54
34
53,500
220,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
36,000
146,500
Purdue
West Lafayette
IN
32,606
60
43
9,500
39,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
14,500
59,000
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
U of Chicago
Chicago
IL
6,846
6
51
20,500
84,500
Columbia Chicago
Chicago
IL
6,252
90
91
35,000
142,500
DePaul
Chicago
IL
12,784
68
98
31,500
128,500
DuPage
Glen Ellyn
IL
7,793
100
8
17,000
34,000
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
39,000
159,500
Illinois-Urbana
Champaign
IL
32,854
59
48
42,000
171,000
Illinois State
Normal
IL
17,092
82
67
35,000
142,000
Loyola Chicago
Chicago
IL
11,622
67
98
38,500
159,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
12,500
25,000
Northern Illinois
Dekalb
IL
10,567
48
92
24,500
99,000
Northwestern
Evanston
IL
8,284
9
57
17,500
72,000
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
40,000
163,000
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
18,500
75,500
Western Illinois
Macomb
IL
5,151
57
53
20,000
80,500
Anderson
Anderson
IN
1,213
63
100
25,500
104,000
Ball State
Muncie
IN
14,693
77
60
21,000
85,500
Bethel-Indiana
Mishawaka
IN
1,018
94
100
22,000
88,500
Butler
Indianapolis
IN
4,509
73
93
41,500
171,500
DePauw
Greencastle
IN
1,943
64
99
25,500
104,000
Earlham
Richmond
IN
919
63
100
24,500
101,500
Evansville
Evansville
IN
1,822
71
100
25,000
101,500
Grace College
Winona Lake
IN
1,385
80
93
25,500
104,000
Hanover
Hanover
IN
1,065
65
100
25,000
101,500
Ivy Tech CC
Indianapolis
IN
21,242
100
15
12,500
25,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
15,500
61,500
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
18,000
72,500
Univ of Indianapolis
Indianapolis
IN
4,066
93
99
25,000
98,500
Indiana Tech
Fort Wayne
IN
1,429
60
99
23,000
92,500
Southern Indiana
Evansville
IN
6,133
93
63
18,500
75,500
Indiana State
Terre Haute
IN
8,105
90
67
21,500
88,500
Indiana-Kokomo
Kokomo
IN
2,315
74
32
15,000
61,000
Indiana-South Bend
South Bend
IN
3,481
78
56
15,000
60,000
IU-Bloomington
Bloomington
IN
31,981
78
71
20,000
79,500
Indiana-Northwest
Gary
IN
2,515
75
19
13,500
54,500
Indiana-Southeast
New Albany
IN
3,099
82
20
16,000
63,500
Indiana U-East
Richmond
IN
2,031
63
45
13,000
51,500
Manchester
North Manchester
IN
1,060
56
100
17,000
68,500
Marian
Indianapolis
IN
2,039
62
100
23,500
94,500
Indiana Wesleyan-Marion
Marion
IN
2,528
67
100
22,500
89,500
Notre Dame
Notre Dame
IN
8,708
16
55
25,000
104,000
Rose-Hulman
Terre Haute
IN
1,980
74
99
41,500
170,500
St Francis-Ft Wayne
Fort Wayne
IN
1,497
96
98
22,500
92,000
St Mary's College (IN)
Notre Dame
IN
1,421
81
100
26,500
108,500
Taylor
Upland
IN
1,799
68
98
27,500
114,000
Trine
Angola
IN
2,125
82
93
22,000
88,500
Valparaiso
Valparaiso
IN
2,940
86
99
23,500
96,000
Vincennes
Vincennes
IN
4,640
100
31
15,500
63,000
Iowa State
Ames
IA
26,713
92
79
25,500
104,000
Iowa
Iowa City
IA
21,212
83
57
35,500
146,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
25,500
102,500
Bellarmine
Louisville
KY
2,416
66
100
23,500
94,500
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
Southwestern Michigan
Dowagiac
MI
910
100
52
16,000
32,000
Wayne State
Detroit
MI
13,107
73
94
36,000
149,000
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Missouri
Columbia
MO
20,676
81
77
29,000
117,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
27,500
112,000
Buffalo
Buffalo
NY
20,401
61
69
33,000
133,000
UNC Chapel Hill
Chapel Hill
NC
18,528
23
41
24,500
99,000
UNC Charlotte
Charlotte
NC
20,877
65
41
28,000
114,000
North Carolina State
Raleigh
NC
22,820
45
48
25,500
103,500
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
Case Western Reserve
Cleveland
OH
5,237
27
85
32,500
133,500
Cedarville
Cedarville
OH
3,438
79
100
23,500
96,000
Cincinnati
Cincinnati
OH
23,712
77
56
36,000
146,500
Cleveland State
Cleveland
OH
9,097
94
55
22,000
90,000
Columbus State CC
Columbus
OH
6,683
100
15
16,500
33,000
Cuyahoga CC District
Cleveland
OH
6,205
100
6
13,500
27,000
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
Wright State
Dayton
OH
7,226
95
53
24,000
100,000
Xavier
Cincinnati
OH
4,834
76
99
36,000
148,000
Youngstown State
Youngstown
OH
8,715
67
73
19,000
78,000
Drexel
Philadelphia
PA
13,878
75
100
36,500
146,500
Penn State
University Park
PA
66,409
54
43
52,000
211,000
Univ of Pennsylvania
Philadelphia
PA
10,448
8
49
21,500
88,500
Pittsburgh
Pittsburgh
PA
18,392
57
47
27,500
112,000
Temple
Philadelphia
PA
26,247
60
79
36,500
148,000
Belmont
Nashville
TN
6,563
84
88
34,000
138,500
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
Tennessee State
Nashville
TN
4,807
100
40
33,000
137,000
George Mason
Fairfax
VA
21,672
87
37
49,000
201,500
Liberty
Lynchburg
VA
28,487
51
81
31,500
128,500
Virginia Tech
Blacksburg
VA
28,584
70
36
39,500
161,500
Virginia Commonwealth
Richmond
VA
19,825
87
60
37,000
151,000
Marshall
Huntington
WV
7,123
87
81
24,000
98,000
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-Madison
Madison
WI
30,157
54
34
57,000
235,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
37,000
152,500
Purdue
West Lafayette
IN
32,606
60
43
18,500
75,000
American InterContinental
Hoffman Estates
IL
8,315
100
17
15,000
60,000
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
U of Chicago
Chicago
IL
6,846
6
51
23,500
96,000
Columbia Chicago
Chicago
IL
6,252
90
91
36,500
148,000
DePaul
Chicago
IL
12,784
68
98
36,500
149,500
DuPage
Glen Ellyn
IL
7,793
100
8
23,000
46,500
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
41,500
170,500
Illinois-Urbana
Champaign
IL
32,854
59
48
42,000
171,000
Illinois State
Normal
IL
17,092
82
67
38,500
156,500
Loyola Chicago
Chicago
IL
11,622
67
98
43,500
179,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
18,000
36,500
Northern Illinois
Dekalb
IL
10,567
48
92
27,500
112,000
Northwestern
Evanston
IL
8,284
9
57
40,000
163,500
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
40,000
163,000
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
28,500
115,000
Western Illinois
Macomb
IL
5,151
57
53
25,000
100,500
Anderson
Anderson
IN
1,213
63
100
32,500
132,000
Ball State
Muncie
IN
14,693
77
60
25,500
106,000
Bethel-Indiana
Mishawaka
IN
1,018
94
100
27,500
112,500
Butler
Indianapolis
IN
4,509
73
93
49,500
205,500
DePauw
Greencastle
IN
1,943
64
99
37,500
153,000
Earlham
Richmond
IN
919
63
100
36,500
150,000
Evansville
Evansville
IN
1,822
71
100
34,000
138,000
Grace College
Winona Lake
IN
1,385
80
93
30,000
122,000
Hanover
Hanover
IN
1,065
65
100
30,500
124,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
13,500
27,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
19,000
74,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
20,000
80,500
Univ of Indianapolis
Indianapolis
IN
4,066
93
99
26,000
102,500
Indiana Tech
Fort Wayne
IN
1,429
60
99
29,000
116,000
Southern Indiana
Evansville
IN
6,133
93
63
19,500
80,500
Indiana State
Terre Haute
IN
8,105
90
67
25,000
104,500
Indiana-Kokomo
Kokomo
IN
2,315
74
32
17,000
70,000
Indiana-South Bend
South Bend
IN
3,481
78
56
16,000
65,000
IU-Bloomington
Bloomington
IN
31,981
78
71
26,000
103,500
Indiana-Northwest
Gary
IN
2,515
75
19
17,000
68,500
Indiana-Southeast
New Albany
IN
3,099
82
20
22,000
88,500
Indiana U-East
Richmond
IN
2,031
63
45
16,500
66,000
Manchester
North Manchester
IN
1,060
56
100
19,500
77,000
Marian
Indianapolis
IN
2,039
62
100
28,500
115,000
Indiana Wesleyan-Marion
Marion
IN
2,528
67
100
28,000
111,000
Notre Dame
Notre Dame
IN
8,708
16
55
38,000
158,000
Rose-Hulman
Terre Haute
IN
1,980
74
99
50,000
205,500
St Francis-Ft Wayne
Fort Wayne
IN
1,497
96
98
29,500
120,500
St Mary's College (IN)
Notre Dame
IN
1,421
81
100
38,000
156,500
Taylor
Upland
IN
1,799
68
98
33,000
135,500
Trine
Angola
IN
2,125
82
93
26,500
104,500
Valparaiso
Valparaiso
IN
2,940
86
99
30,500
126,000
Vincennes
Vincennes
IN
4,640
100
31
17,500
71,000
Iowa State
Ames
IA
26,713
92
79
31,500
128,500
Iowa
Iowa City
IA
21,212
83
57
41,500
171,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
29,000
117,000
Bellarmine
Louisville
KY
2,416
66
100
27,000
109,500
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
Southwestern Michigan
Dowagiac
MI
910
100
52
16,000
32,000
Wayne State
Detroit
MI
13,107
73
94
40,500
167,500
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Missouri
Columbia
MO
20,676
81
77
43,000
173,500
Missouri State-Springfield
Springfield
MO
14,005
88
63
30,000
122,500
Buffalo
Buffalo
NY
20,401
61
69
36,500
148,000
UNC Chapel Hill
Chapel Hill
NC
18,528
23
41
38,500
156,000
UNC Charlotte
Charlotte
NC
20,877
65
41
37,000
150,500
North Carolina State
Raleigh
NC
22,820
45
48
40,000
162,500
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
Case Western Reserve
Cleveland
OH
5,237
27
85
47,000
194,000
Cedarville
Cedarville
OH
3,438
79
100
29,500
120,000
Cincinnati
Cincinnati
OH
23,712
77
56
42,500
172,500
Cleveland State
Cleveland
OH
9,097
94
55
22,000
90,000
Columbus State CC
Columbus
OH
6,683
100
15
18,000
36,500
Cuyahoga CC District
Cleveland
OH
6,205
100
6
13,500
27,000
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
Wright State
Dayton
OH
7,226
95
53
26,000
108,000
Xavier
Cincinnati
OH
4,834
76
99
40,000
165,000
Youngstown State
Youngstown
OH
8,715
67
73
19,000
78,000
Drexel
Philadelphia
PA
13,878
75
100
44,500
179,000
Penn State
University Park
PA
66,409
54
43
52,000
211,000
Univ of Pennsylvania
Philadelphia
PA
10,448
8
49
30,000
123,000
Pittsburgh
Pittsburgh
PA
18,392
57
47
35,500
143,500
Temple
Philadelphia
PA
26,247
60
79
43,000
176,000
Belmont
Nashville
TN
6,563
84
88
34,000
138,500
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
Tennessee State
Nashville
TN
4,807
100
40
33,000
137,000
George Mason
Fairfax
VA
21,672
87
37
54,000
221,500
Liberty
Lynchburg
VA
28,487
51
81
36,000
146,500
Virginia Tech
Blacksburg
VA
28,584
70
36
46,500
191,500
Virginia Commonwealth
Richmond
VA
19,825
87
60
45,000
183,000
Marshall
Huntington
WV
7,123
87
81
24,000
98,000
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-Madison
Madison
WI
30,157
54
34
57,000
235,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
37,000
152,500
Purdue
West Lafayette
IN
32,606
60
43
23,000
93,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
15,000
60,500
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
U of Chicago
Chicago
IL
6,846
6
51
51,000
210,500
Columbia Chicago
Chicago
IL
6,252
90
91
36,500
148,000
DePaul
Chicago
IL
12,784
68
98
36,500
149,500
DuPage
Glen Ellyn
IL
7,793
100
8
23,000
47,500
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
41,500
170,500
Illinois-Urbana
Champaign
IL
32,854
59
48
42,000
171,000
Illinois State
Normal
IL
17,092
82
67
38,500
156,500
Loyola Chicago
Chicago
IL
11,622
67
98
43,500
179,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
18,000
36,500
Northern Illinois
Dekalb
IL
10,567
48
92
27,500
112,000
Northwestern
Evanston
IL
8,284
9
57
66,500
270,500
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
40,000
163,000
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
28,500
115,000
Western Illinois
Macomb
IL
5,151
57
53
25,000
100,500
Anderson
Anderson
IN
1,213
63
100
32,500
132,000
Ball State
Muncie
IN
14,693
77
60
25,500
106,000
Bethel-Indiana
Mishawaka
IN
1,018
94
100
28,500
115,500
Butler
Indianapolis
IN
4,509
73
93
56,500
233,000
DePauw
Greencastle
IN
1,943
64
99
47,500
193,500
Earlham
Richmond
IN
919
63
100
45,500
187,000
Evansville
Evansville
IN
1,822
71
100
34,000
138,000
Grace College
Winona Lake
IN
1,385
80
93
30,000
122,000
Hanover
Hanover
IN
1,065
65
100
30,500
124,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
13,500
27,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
19,000
74,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
20,000
80,500
Univ of Indianapolis
Indianapolis
IN
4,066
93
99
26,000
102,500
Indiana Tech
Fort Wayne
IN
1,429
60
99
29,000
117,000
Southern Indiana
Evansville
IN
6,133
93
63
19,500
80,500
Indiana State
Terre Haute
IN
8,105
90
67
25,000
104,500
Indiana-Kokomo
Kokomo
IN
2,315
74
32
17,000
70,000
Indiana-South Bend
South Bend
IN
3,481
78
56
16,000
65,000
IU-Bloomington
Bloomington
IN
31,981
78
71
26,000
103,500
Indiana-Northwest
Gary
IN
2,515
75
19
17,000
68,500
Indiana-Southeast
New Albany
IN
3,099
82
20
22,000
88,500
Indiana U-East
Richmond
IN
2,031
63
45
16,500
66,000
Manchester
North Manchester
IN
1,060
56
100
21,500
84,500
Marian
Indianapolis
IN
2,039
62
100
28,500
115,000
Indiana Wesleyan-Marion
Marion
IN
2,528
67
100
34,500
136,000
Notre Dame
Notre Dame
IN
8,708
16
55
48,500
202,500
Rose-Hulman
Terre Haute
IN
1,980
74
99
57,000
234,500
St Francis-Ft Wayne
Fort Wayne
IN
1,497
96
98
35,000
144,000
St Mary's College (IN)
Notre Dame
IN
1,421
81
100
38,000
156,500
Taylor
Upland
IN
1,799
68
98
37,000
153,500
Trine
Angola
IN
2,125
82
93
30,000
118,500
Valparaiso
Valparaiso
IN
2,940
86
99
31,500
131,500
Vincennes
Vincennes
IN
4,640
100
31
17,500
71,000
Iowa State
Ames
IA
26,713
92
79
31,500
128,500
Iowa
Iowa City
IA
21,212
83
57
41,500
171,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
29,000
117,000
Bellarmine
Louisville
KY
2,416
66
100
29,500
119,000
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
Southwestern Michigan
Dowagiac
MI
910
100
52
16,000
32,000
Wayne State
Detroit
MI
13,107
73
94
40,500
167,500
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Missouri
Columbia
MO
20,676
81
77
44,500
181,000
Missouri State-Springfield
Springfield
MO
14,005
88
63
30,000
122,500
Buffalo
Buffalo
NY
20,401
61
69
40,000
160,500
UNC Chapel Hill
Chapel Hill
NC
18,528
23
41
50,500
203,500
UNC Charlotte
Charlotte
NC
20,877
65
41
37,500
152,000
North Carolina State
Raleigh
NC
22,820
45
48
45,000
184,000
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
Case Western Reserve
Cleveland
OH
5,237
27
85
59,000
243,500
Cedarville
Cedarville
OH
3,438
79
100
33,000
135,000
Cincinnati
Cincinnati
OH
23,712
77
56
42,500
172,500
Cleveland State
Cleveland
OH
9,097
94
55
33,500
139,000
Columbus State CC
Columbus
OH
6,683
100
15
20,000
41,000
Cuyahoga CC District
Cleveland
OH
6,205
100
6
13,500
27,000
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
Wright State
Dayton
OH
7,226
95
53
33,000
137,000
Xavier
Cincinnati
OH
4,834
76
99
41,000
170,000
Youngstown State
Youngstown
OH
8,715
67
73
24,500
100,500
Drexel
Philadelphia
PA
13,878
75
100
51,500
206,500
Penn State
University Park
PA
66,409
54
43
53,000
215,000
Univ of Pennsylvania
Philadelphia
PA
10,448
8
49
54,500
222,000
Pittsburgh
Pittsburgh
PA
18,392
57
47
42,000
169,500
Temple
Philadelphia
PA
26,247
60
79
43,000
176,000
Belmont
Nashville
TN
6,563
84
88
51,000
208,000
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
Tennessee State
Nashville
TN
4,807
100
40
33,000
137,000
George Mason
Fairfax
VA
21,672
87
37
54,000
221,500
Liberty
Lynchburg
VA
28,487
51
81
39,500
161,500
Virginia Tech
Blacksburg
VA
28,584
70
36
46,500
191,500
Virginia Commonwealth
Richmond
VA
19,825
87
60
49,000
199,000
Marshall
Huntington
WV
7,123
87
81
24,000
98,000
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-Madison
Madison
WI
30,157
54
34
59,500
246,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
37,000
152,500
Purdue
West Lafayette
IN
32,606
60
43
23,000
93,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
15,500
62,000
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 $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
U of Chicago
Chicago
IL
6,846
6
51
85,000
350,500
Columbia Chicago
Chicago
IL
6,252
90
91
36,500
148,000
DePaul
Chicago
IL
12,784
68
98
36,500
149,500
DuPage
Glen Ellyn
IL
7,793
100
8
23,000
47,500
Illinois-Chicago Circle
Chicago
IL
20,195
73
62
41,500
170,500
Illinois-Urbana
Champaign
IL
32,854
59
48
42,000
171,000
Illinois State
Normal
IL
17,092
82
67
38,500
156,500
Loyola Chicago
Chicago
IL
11,622
67
98
43,500
179,500
Moraine Valley CC
Palos Hills
IL
5,138
100
4
18,000
36,500
Northern Illinois
Dekalb
IL
10,567
48
92
27,500
112,000
Northwestern
Evanston
IL
8,284
9
57
78,500
318,500
S Illinois-Carbondale
Carbondale
IL
7,150
66
83
40,000
163,000
S Illinois-Edwardsville
Edwardsville
IL
8,615
86
83
28,500
115,000
Western Illinois
Macomb
IL
5,151
57
53
25,000
100,500
Anderson
Anderson
IN
1,213
63
100
32,500
132,000
Ball State
Muncie
IN
14,693
77
60
25,500
106,000
Bethel-Indiana
Mishawaka
IN
1,018
94
100
28,500
115,500
Butler
Indianapolis
IN
4,509
73
93
63,500
261,500
DePauw
Greencastle
IN
1,943
64
99
47,500
195,000
Earlham
Richmond
IN
919
63
100
45,500
187,000
Evansville
Evansville
IN
1,822
71
100
34,000
138,000
Grace College
Winona Lake
IN
1,385
80
93
30,000
122,000
Hanover
Hanover
IN
1,065
65
100
30,500
124,000
Ivy Tech CC
Indianapolis
IN
21,242
100
15
13,500
27,500
Purdue Ft Wayne
Fort Wayne
IN
5,370
81
78
19,000
74,000
IUPU-Indianapolis
Indianapolis
IN
17,630
81
65
20,000
80,500
Univ of Indianapolis
Indianapolis
IN
4,066
93
99
26,000
102,500
Indiana Tech
Fort Wayne
IN
1,429
60
99
29,000
117,000
Southern Indiana
Evansville
IN
6,133
93
63
19,500
80,500
Indiana State
Terre Haute
IN
8,105
90
67
25,000
104,500
Indiana-Kokomo
Kokomo
IN
2,315
74
32
17,000
70,000
Indiana-South Bend
South Bend
IN
3,481
78
56
16,000
65,000
IU-Bloomington
Bloomington
IN
31,981
78
71
26,000
103,500
Indiana-Northwest
Gary
IN
2,515
75
19
17,000
68,500
Indiana-Southeast
New Albany
IN
3,099
82
20
22,000
88,500
Indiana U-East
Richmond
IN
2,031
63
45
16,500
66,000
Manchester
North Manchester
IN
1,060
56
100
25,500
100,000
Marian
Indianapolis
IN
2,039
62
100
28,500
115,000
Indiana Wesleyan-Marion
Marion
IN
2,528
67
100
37,500
147,000
Notre Dame
Notre Dame
IN
8,708
16
55
70,000
291,000
Rose-Hulman
Terre Haute
IN
1,980
74
99
70,000
288,000
St Francis-Ft Wayne
Fort Wayne
IN
1,497
96
98
43,000
176,000
St Mary's College (IN)
Notre Dame
IN
1,421
81
100
38,000
156,500
Taylor
Upland
IN
1,799
68
98
40,000
166,500
Trine
Angola
IN
2,125
82
93
34,000
133,500
Valparaiso
Valparaiso
IN
2,940
86
99
34,000
141,000
Vincennes
Vincennes
IN
4,640
100
31
17,500
71,000
Iowa State
Ames
IA
26,713
92
79
31,500
128,500
Iowa
Iowa City
IA
21,212
83
57
41,500
171,000
Northern Iowa
Cedar Falls
IA
8,228
79
64
29,000
117,000
Bellarmine
Louisville
KY
2,416
66
100
29,500
119,000
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
Southwestern Michigan
Dowagiac
MI
910
100
52
16,000
32,000
Wayne State
Detroit
MI
13,107
73
94
40,500
167,500
Western Michigan
Kalamazoo
MI
14,558
80
49
27,500
110,000
Missouri
Columbia
MO
20,676
81
77
44,500
181,000
Missouri State-Springfield
Springfield
MO
14,005
88
63
30,000
122,500
Buffalo
Buffalo
NY
20,401
61
69
41,500
168,000
UNC Chapel Hill
Chapel Hill
NC
18,528
23
41
50,500
203,500
UNC Charlotte
Charlotte
NC
20,877
65
41
37,500
152,000
North Carolina State
Raleigh
NC
22,820
45
48
45,000
184,000
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
Case Western Reserve
Cleveland
OH
5,237
27
85
70,000
288,500
Cedarville
Cedarville
OH
3,438
79
100
33,000
135,000
Cincinnati
Cincinnati
OH
23,712
77
56
42,500
172,500
Cleveland State
Cleveland
OH
9,097
94
55
33,500
139,000
Columbus State CC
Columbus
OH
6,683
100
15
20,000
41,000
Cuyahoga CC District
Cleveland
OH
6,205
100
6
13,500
27,000
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
Wright State
Dayton
OH
7,226
95
53
35,000
145,500
Xavier
Cincinnati
OH
4,834
76
99
41,000
170,000
Youngstown State
Youngstown
OH
8,715
67
73
24,500
100,500
Drexel
Philadelphia
PA
13,878
75
100
61,000
244,500
Penn State
University Park
PA
66,409
54
43
54,500
221,000
Univ of Pennsylvania
Philadelphia
PA
10,448
8
49
77,000
314,500
Pittsburgh
Pittsburgh
PA
18,392
57
47
49,500
201,000
Temple
Philadelphia
PA
26,247
60
79
43,000
176,000
Belmont
Nashville
TN
6,563
84
88
51,000
208,000
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
Tennessee State
Nashville
TN
4,807
100
40
33,000
137,000
George Mason
Fairfax
VA
21,672
87
37
54,000
221,500
Liberty
Lynchburg
VA
28,487
51
81
43,000
176,500
Virginia Tech
Blacksburg
VA
28,584
70
36
46,500
191,500
Virginia Commonwealth
Richmond
VA
19,825
87
60
49,000
199,000
Marshall
Huntington
WV
7,123
87
81
24,000
98,000
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-Madison
Madison
WI
30,157
54
34
59,500
246,500
UW-Milwaukee
Milwaukee
WI
17,456
77
23
37,000
152,500
Purdue
West Lafayette
IN
32,606
60
43
23,000
93,500
American InterContinental
Hoffman Estates
IL
8,315
100
17
16,000
64,500
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.