Payback
EarningsPlus
Economic score
Goshen College is a private regional college located in Goshen, Indiana. Goshen College is very inclusive in their admissions.
Return on educational investment at Goshen College is in the bottom 50% of all ranked schools. The median student earns $46,194 10 years after enrolling, 22nd in Indiana, and in the bottom 50% nationally. When adjusted for earning differences by major, Goshen College bachelor students earn 15% less than the national average. Goshen College is ranked 20th in Indiana.
Goshen College’s median net annual cost of $17,251 and average years to graduate of 4.4 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 3 programs at Goshen College sorted by number of graduates - Registered Nursing, Social Work, Music - are shown below.
Annual net cost
$17,251
Average years to graduate
4.4
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 1 graduate programs at Goshen College - Registered Nursing - are shown below.
The average full-time graduate completes their degree in 4.4 years. 70% of all students graduate within 8 years including part-time students. The graduation rate at Goshen College is 10% higher than the state average, and 21% above the average for all regional colleges in the country.
At Goshen College, Pell Grant recipients represent 33% of the measured graduating class, 2% lower than the national average of 35%. The average Pell Grant recipient at Goshen College graduates within 4.5 years.
Goshen College is in the top 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Goshen College’s economic mobility score of 12.66 is calculated by adjusting the 4.59 economic score of lower-income students by the 33% pell grant recipients within the student body. Goshen College’s EMS of 12.66 ranks in the bottom 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 50%
The average Title IV recipient at Goshen College pays $17,251 a year, $32,439 less than the $49,690 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $17,251
Much of the gap between net price and sticker price is filled by institutional and government grants. At Goshen College, 100% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $17,251 on average to be covered by the student – be it through loans or out of pocket. In total, 63% of students take out loans, federal or private, at an average amount of $5,910. This is 9% more than the national average.
Federal grants
$5,141
Pell grants
$4,777
State grants
$7,482
Institutional grants
$22,385
Goshen College offers 1 hybrid bachelor program. At the master’s level Goshen College offers 1 exclusively online program. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
2
Hybrid programs
1
Percentage of programs online
4%
Goshen College's very inclusive admissions are indicated by their 93% acceptance rate. In 2021, the school had 979 applicants, of which 909 were admitted and 183 enrolled. Goshen College has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
99%
83%
Female
67%
59%
First time
71%
59%
In-state
66%
68%
1st generation
37%
35%
White
52%
52%
Black
4%
14%
Hispanic
27%
15%
Asian
2%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
14%
12%