University of Chicago: Cost, Graduate Salary, Acceptance Rate and Return on Investment
University of Chicago is a private nonprofit college in Chicago, IL. Students pay about $14,860 a year in net price, and the median graduate earns $91,885 ten years after enrolling. By our Degree-ROI measure the degree pays back in about 1.6 years and adds $377,410 over a decade, ranking it #24 of 918 (top 4%) by value added.
What is University of Chicago's acceptance rate?
University of Chicago has an acceptance rate of 4.5%, which makes it highly selective. It is a private nonprofit institution in Chicago, IL enrolling about 7,569 students, with a 95.4% graduation rate.
How much does University of Chicago cost?
University of Chicago costs about $14,860 per year in average net price, what a typical student actually pays after grants and scholarships. Over four years, including typical borrowing, that totals roughly $74,440. Published sticker cost of attendance is $90,360 per year.
How much do University of Chicago graduates earn?
Ten years after enrolling, the median University of Chicago student earns $91,885 per year. That is $45,185 more than the $46,700 that the typical worker with only a high-school diploma earns.
Is University of Chicago worth it? Degree ROI and payback period
University of Chicago pays back its roughly $74,440 cost in about 1.6 years, then keeps returning the earnings premium. Over the first decade the degree adds about $377,410 net of cost, a 6.07x return on the money invested. That ranks it #24 of 918 (top 4%) by value added. Its top-tier value is driven mainly by a low net price and strong graduate earnings.
Top 10% value
University of Chicago graduation rate and student debt
95.4% of University of Chicago students complete their degree, and the median graduate leaves with $15,000 in federal student debt. That debt is about 16% of one year of median graduate earnings.
University of Chicago by the numbers (vs the typical college)
How University of Chicago compares to the median four-year college in our snapshot. Percentile is its rank among the 918 colleges that report both earnings and cost (higher is better).
| Metric | This school | Median college | Percentile |
|---|---|---|---|
| Avg net price / yr | $14,860 | $20,299 | cheaper than 76% |
| Median earnings (10 yrs) | $91,885 | $54,768 | 96th |
| Graduation rate | 95.4% | 57.0% | 99th |
| Acceptance rate | 4.5% | 75.7% | more selective than 100% |
| 10-yr value added | $377,410 | -$28,192 | 97th |
| ROI multiple (per $1) | 6.07x | 0.73x | 99th |
| Payback period | 1.6 yrs | 8.8 yrs | faster than 99% |
Frequently asked
Is University of Chicago worth the cost compared to other colleges?
By value added net of cost, University of Chicago ranks #24 of 918 (top 4%) of the 918 four-year colleges we rank, and returns about 6.07x the money invested over a decade.
Is University of Chicago expensive compared to other colleges?
Its $14,860 average net price is below the $20,299 median for the colleges in this snapshot, making it cheaper than 76% of them.
Do University of Chicago graduates earn more than average?
Median earnings of $91,885 ten years out are above the $54,768 median, higher than 96% of the colleges here.
How hard is it to get into University of Chicago compared to other colleges?
Its 4.5% acceptance rate is below the 75.7% median, making it more selective than 100% of the colleges in the snapshot.
Get the full college ROI dataset (free, CC-BY)
The ranked dataset in JSON. No spam. Unsubscribe anytime.