Most affordable HSIs best-colleges

Hispanic-serving institution (HSI) is an official designation of schools that enroll at least 25% Hispanic students. HSIs are a significant contributor to upward economic mobility for Latinos, representing 9 out of the top 10 colleges and universities ranked by the Social Mobility Index (SMI) in 2020. Here we rank the top most affordable HSIs according to our unique methodology, which prioritizes return on investment. Find below the top HSIs in terms of both affordability and long-term economic benefits. 

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Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.

Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.

Payback: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.

Degree premium: The difference between the school’s median earnings and the median earnings for all schools in the same state. This is called “Vs. state average” in school profiles below.

Ranking: The payback rate is divided by the degree premium (set as a percentage), the lower the number the higher the rank. (i.e. payback=1, degree premium 20% higher than state school median: 1/120% = .883.

Net cost
Earnings
Payback
Degree premium
Rankings
Ranking methodology
#1 in Hispanic Colleges

CUNY Lehman College

Bronx, New York

Admission rate: 48%

Grad rate: 59%

Net cost: $1,814

Payback: Under 6 months

Earnings: $51,661

Vs. state average: - $4,029

Economic score: 0.35

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#2 in Hispanic Colleges

CUNY City College

New York, New York

Admission rate: 51%

Grad rate: 54%

Net cost: $2,385

Payback: Under 6 months

Earnings: $55,741

Vs. state average: + $51

Economic score: 0.37

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#3 in Hispanic Colleges

CUNY Hunter College

New York, New York

Admission rate: 41%

Grad rate: 55%

Net cost: $2,490

Payback: Under 6 months

Earnings: $55,713

Vs. state average: + $23

Economic score: 0.38

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#4 in Hispanic Colleges

CUNY John Jay College of Criminal Justice

New York, New York

Admission rate: 38%

Grad rate: 54%

Net cost: $2,532

Payback: Under 6 months

Earnings: $50,491

Vs. state average: - $5,199

Economic score: 0.49

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#6 in Hispanic Colleges

California State University-Los Angeles

Los Angeles, California

Admission rate: 77%

Grad rate: 65%

Net cost: $2,768

Payback: Under a year

Earnings: $51,997

Vs. state average: + $1,318

Economic score: 0.54

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#5 in Hispanic Colleges

CUNY Queens College

Queens, New York

Admission rate: 54%

Grad rate: 57%

Net cost: $3,067

Payback: Under a year

Earnings: $54,742

Vs. state average: - $948

Economic score: 0.51

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#7 in Hispanic Colleges

Texas A & M International University

Laredo, Texas

Admission rate: 59%

Grad rate: 53%

Net cost: $3,074

Payback: Under a year

Earnings: $46,823

Vs. state average: + $1,876

Economic score: 0.64

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#15 in Hispanic Colleges

California State University-Dominguez Hills

Carson, California

Admission rate: 82%

Grad rate: 64%

Net cost: $4,215

Payback: 1.0 Years

Earnings: $47,340

Vs. state average: - $3,339

Economic score: 1.09

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#14 in Hispanic Colleges

The University of Texas Rio Grande Valley

Edinburg, Texas

Admission rate: 83%

Grad rate: 60%

Net cost: $4,514

Payback: 1.1 Years

Earnings: $45,895

Vs. state average: + $948

Economic score: 1.06

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#10 in Hispanic Colleges

California State University-Bakersfield

Bakersfield, California

Admission rate: 79%

Grad rate: 57%

Net cost: $5,318

Payback: 1.0 Years

Earnings: $52,606

Vs. state average: + $1,927

Economic score: 0.97

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#13 in Hispanic Colleges

California State University-Fresno

Fresno, California

Admission rate: 91%

Grad rate: 68%

Net cost: $5,464

Payback: 1.0 Years

Earnings: $52,201

Vs. state average: + $1,522

Economic score: 1.01

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#12 in Hispanic Colleges

California State University-Stanislaus

Turlock, California

Admission rate: 90%

Grad rate: 70%

Net cost: $6,019

Payback: 1.1 Years

Earnings: $53,964

Vs. state average: + $3,285

Economic score: 0.99

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#8 in Hispanic Colleges

Florida International University

Miami, Florida

Admission rate: 58%

Grad rate: 66%

Net cost: $7,296

Payback: 1.1 Years

Earnings: $54,501

Vs. state average: + $9,780

Economic score: 0.91

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#25 in Hispanic Colleges

California State University-San Bernardino

San Bernardino, California

Admission rate: 79%

Grad rate: 70%

Net cost: $7,342

Payback: 1.5 Years

Earnings: $50,960

Vs. state average: + $281

Economic score: 1.45

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#18 in Hispanic Colleges

California State University-Fullerton

Fullerton, California

Admission rate: 68%

Grad rate: 77%

Net cost: $7,991

Payback: 1.3 Years

Earnings: $54,586

Vs. state average: + $3,907

Economic score: 1.25

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#27 in Hispanic Colleges

California State University-Northridge

Northridge, California

Admission rate: 66%

Grad rate: 70%

Net cost: $8,414

Payback: 1.6 Years

Earnings: $53,360

Vs. state average: + $2,681

Economic score: 1.48

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#82 in Hispanic Colleges

New Mexico State University-Main Campus

Las Cruces, New Mexico

Admission rate: 63%

Grad rate: 53%

Net cost: $8,659

Payback: 3.0 Years

Earnings: $36,683

Vs. state average: - $2,492

Economic score: 3.18

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#59 in Hispanic Colleges

The University of Texas at El Paso

El Paso, Texas

Admission rate: 100%

Grad rate: 48%

Net cost: $8,920

Payback: 2.4 Years

Earnings: $44,770

Vs. state average: - $177

Economic score: 2.40

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#32 in Hispanic Colleges

Texas Woman's University

Denton, Texas

Admission rate: 94%

Grad rate: 56%

Net cost: $9,617

Payback: 1.9 Years

Earnings: $49,724

Vs. state average: + $4,777

Economic score: 1.69

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#19 in Hispanic Colleges

California State University-Long Beach

Long Beach, California

Admission rate: 43%

Grad rate: 79%

Net cost: $9,622

Payback: 1.5 Years

Earnings: $57,123

Vs. state average: + $6,444

Economic score: 1.29

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