Is Elon University worth it?

Elon, NC · private-nonprofit

Verdict

Typical students pay $41,555 a year after aid, graduate with $20,500 in federal debt, and earn $58,082 six years after enrolling — an estimated monthly loan payment of $219, with a debt break-even of about 3.5 years.

Net price / year

$41,555

Admission rate

66%

Graduation rate

—

Median debt

$20,500

Earnings (6 yr)

$58,082

Earnings (10 yr)

$74,545

Est. monthly loan payment

$219

Loan-to-income ratio

35%

Debt break-even

3.5 years

How Elon University compares

MetricElon UniversityNorth CarolinaNational
Net price$41,555$13,959$16,642
Median debt$20,500$12,965$12,377
Earnings (6 yr)$58,082$33,000$33,037
Graduation rate———

FAQ

How much does it cost to attend Elon University?

The federal average net price after grants and scholarships is $41,555 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Elon University graduates typically carry?

Students who complete a program at Elon University leave with a median federal debt of $20,500, based on the U.S. Department of Education's College Scorecard.

What do Elon University graduates earn?

Six years after enrolling, former students report median earnings of $58,082, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Elon University?

Graduation rate data is not currently published for this school.

Is Elon University worth the debt?

Based on median debt and 6-year earnings, it would take roughly 3.5 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.