Most affordable HSIs

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.

Earningsplus: The difference between the school’s median earnings and the median earnings for all schools in the same state.

Rankings: The ranking order is based on the economic score. The economic score is calculated using a school’s payback and earningsplus performance.

Net cost
Payback
Earnings
EarningsPlus
Rankings
Ranking methodology
#1 in Most Affordable Schools | #1 in Hispanic-serving institutions

CUNY Lehman College

Bronx, New York

Economic score: 0.35

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $1,814

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: Under 6 months

Average time in years to pay back educational costs.

Earnings: $51,661

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $4,029

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 48%
Graduation rate: 59%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#2 in Most Affordable Schools | #2 in Hispanic-serving institutions

CUNY City College

New York, New York

Economic score: 0.37

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $2,385

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: Under 6 months

Average time in years to pay back educational costs.

Earnings: $55,741

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $51

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 51%
Graduation rate: 54%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#3 in Most Affordable Schools | #3 in Hispanic-serving institutions

CUNY Hunter College

New York, New York

Economic score: 0.38

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $2,490

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: Under 6 months

Average time in years to pay back educational costs.

Earnings: $55,713

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $23

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 41%
Graduation rate: 55%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#4 in Most Affordable Schools | #4 in Hispanic-serving institutions

CUNY John Jay College of Criminal Justice

New York, New York

Economic score: 0.49

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $2,532

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: Under 6 months

Average time in years to pay back educational costs.

Earnings: $50,491

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,199

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 38%
Graduation rate: 54%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#5 in Most Affordable Schools | #6 in Hispanic-serving institutions

California State University-Los Angeles

Los Angeles, California

Economic score: 0.54

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $2,768

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: Under a year

Average time in years to pay back educational costs.

Earnings: $51,997

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,318

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 77%
Graduation rate: 65%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#6 in Most Affordable Schools | #5 in Hispanic-serving institutions

CUNY Queens College

Queens, New York

Economic score: 0.51

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $3,067

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: Under a year

Average time in years to pay back educational costs.

Earnings: $54,742

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $948

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 54%
Graduation rate: 57%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#7 in Most Affordable Schools | #7 in Hispanic-serving institutions

Texas A & M International University

Laredo, Texas

Economic score: 0.64

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $3,074

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: Under a year

Average time in years to pay back educational costs.

Earnings: $46,823

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,876

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 59%
Graduation rate: 53%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#8 in Most Affordable Schools | #15 in Hispanic-serving institutions

California State University-Dominguez Hills

Carson, California

Economic score: 1.09

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $4,215

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1 year

Average time in years to pay back educational costs.

Earnings: $47,340

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $3,339

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 82%
Graduation rate: 64%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#9 in Most Affordable Schools | #14 in Hispanic-serving institutions

The University of Texas Rio Grande Valley

Edinburg, Texas

Economic score: 1.06

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $4,514

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.1 years

Average time in years to pay back educational costs.

Earnings: $45,895

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $948

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 83%
Graduation rate: 60%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#10 in Most Affordable Schools | #10 in Hispanic-serving institutions

California State University-Bakersfield

Bakersfield, California

Economic score: 0.97

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $5,318

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1 year

Average time in years to pay back educational costs.

Earnings: $52,606

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,927

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 79%
Graduation rate: 57%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#11 in Most Affordable Schools | #13 in Hispanic-serving institutions

California State University-Fresno

Fresno, California

Economic score: 1.01

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $5,464

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1 year

Average time in years to pay back educational costs.

Earnings: $52,201

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,522

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 91%
Graduation rate: 68%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#12 in Most Affordable Schools | #12 in Hispanic-serving institutions

California State University-Stanislaus

Turlock, California

Economic score: 0.99

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $6,019

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.1 years

Average time in years to pay back educational costs.

Earnings: $53,964

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $3,285

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 90%
Graduation rate: 70%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#13 in Most Affordable Schools | #8 in Hispanic-serving institutions

Florida International University

Miami, Florida

Economic score: 0.91

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $7,296

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.1 years

Average time in years to pay back educational costs.

Earnings: $54,501

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $9,780

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 58%
Graduation rate: 66%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#14 in Most Affordable Schools | #25 in Hispanic-serving institutions

California State University-San Bernardino

San Bernardino, California

Economic score: 1.45

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $7,342

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.5 years

Average time in years to pay back educational costs.

Earnings: $50,960

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $281

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 79%
Graduation rate: 70%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#15 in Most Affordable Schools | #18 in Hispanic-serving institutions

California State University-Fullerton

Fullerton, California

Economic score: 1.25

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $7,991

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.3 years

Average time in years to pay back educational costs.

Earnings: $54,586

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $3,907

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 68%
Graduation rate: 77%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#16 in Most Affordable Schools | #27 in Hispanic-serving institutions

California State University-Northridge

Northridge, California

Economic score: 1.48

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $8,414

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.6 years

Average time in years to pay back educational costs.

Earnings: $53,360

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $2,681

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 66%
Graduation rate: 70%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#17 in Most Affordable Schools | #81 in Hispanic-serving institutions

New Mexico State University-Main Campus

Las Cruces, New Mexico

Economic score: 3.18

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $8,659

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3 years

Average time in years to pay back educational costs.

Earnings: $36,683

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $2,492

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 63%
Graduation rate: 53%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#18 in Most Affordable Schools | #59 in Hispanic-serving institutions

The University of Texas at El Paso

El Paso, Texas

Economic score: 2.40

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $8,920

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.4 years

Average time in years to pay back educational costs.

Earnings: $44,770

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $177

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 100%
Graduation rate: 48%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#19 in Most Affordable Schools | #101 in Hispanic-serving institutions

Eastern New Mexico University-Main Campus

Portales, New Mexico

Economic score: 4.74

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $9,516

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4 years

Average time in years to pay back educational costs.

Earnings: $33,395

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,780

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 51%
Graduation rate: 46%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#20 in Most Affordable Schools | #32 in Hispanic-serving institutions

Texas Woman's University

Denton, Texas

Economic score: 1.69

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $9,617

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.9 years

Average time in years to pay back educational costs.

Earnings: $49,724

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $4,777

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 94%
Graduation rate: 56%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

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