Northwestern University vs University of Chicago

University of Chicago reports the higher median earnings ten years after entry ($91,885 vs $89,363). University of Chicago recoups its four-year net cost faster (about 1.1 yrs vs 2.3 yrs).

Measure Northwestern UniversityIL University of ChicagoIL
Median earnings, 10 yrs after entry$89,363$91,885
Years to recoup four-year net cost2.3 yrs1.1 yrs
Average net price per year$29,167$14,860
Sticker cost of attendance per year$91,250$90,360
Share earning above a high-school grad83.5%80.5%
Six-year graduation rate95.1%95.9%
First-year retention (full-time)98.1%99.3%
Admission rate7.7%4.5%
Median federal debt at graduation$15,000$15,000
Undergraduate enrollment9,2017,569
Financial health (NACUBO CFI)6.33.3

Highlighted cells mark the stronger figure on measures with a clear better direction (admission rate and enrollment are shown for context only, with no winner). “Years to recoup” divides four-year net cost by the annual earnings premium over a state high-school graduate. A transparent data comparison, not an Ibex endorsement or a guarantee of any individual outcome; your program and aid package will differ.

Is Northwestern University or University of Chicago a better value?

On the transparent payback measure, University of Chicago recoups its four-year net cost faster (about 1.1 yrs vs 2.3 yrs).. Value depends on your program, your net price after aid, and your goals; use the table as a starting point and check each school's profile for peer context.

Which costs more, Northwestern University or University of Chicago?

Northwestern University's average net price is $29,167 per year and University of Chicago's is $14,860 (College Scorecard). Net price is what students actually pay after grant aid, and varies by family income.

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Value rankings

Source: U.S. Department of Education, College Scorecard & IPEDS (2024-25); earnings baselines from the U.S. Census Bureau, ACS 5-year. Compiled by Ibex Insights. For informational planning only, not financial advice. See the methodology.