Is Hanover College worth it?
Hanover, IN · private-nonprofit
Verdict
Typical students pay $21,829 a year after aid, graduate with $25,250 in federal debt, and earn $42,876 six years after enrolling — an estimated monthly loan payment of $270, with a debt break-even of about 5.9 years.
Net price / year
$21,829
Admission rate
84%
Graduation rate
—
Median debt
$25,250
Earnings (6 yr)
$42,876
Earnings (10 yr)
$53,957
Est. monthly loan payment
$270
Loan-to-income ratio
59%
Debt break-even
5.9 years
How Hanover College compares
FAQ
How much does it cost to attend Hanover College?
The federal average net price after grants and scholarships is $21,829 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Hanover College graduates typically carry?
Students who complete a program at Hanover College leave with a median federal debt of $25,250, based on the U.S. Department of Education's College Scorecard.
What do Hanover College graduates earn?
Six years after enrolling, former students report median earnings of $42,876, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Hanover College?
Graduation rate data is not currently published for this school.
Is Hanover College worth the debt?
Based on median debt and 6-year earnings, it would take roughly 5.9 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.