University of North Carolina at Chapel Hill vs Appalachian State University

Torn between these two? Here's how they stack up on what actually matters - what you'll pay, what graduates earn, and which one gives you the better return - all on U.S. Department of Education data.

University of North Carolina at Chapel Hill leads by 36 points on ROI

Data: 2024-25 College Scorecard release

ROI Score Comparison

94
Exceptional Value
Earnings
96(0.80x)
Payback
93(5 yr)
Debt/Earn
95(0.28)
Completion
97(91%)
Repayment
87(85%)
58
Below Average Value
Earnings
54(0.25x)
Payback
47(12.3 yr)
Debt/Earn
53(0.59)
Completion
84(75%)
Repayment
70(80%)

The Financial Comparison

On the numbers, University of North Carolina at Chapel Hill comes out ahead: 94/100 to 58/100, a 36-point edge over Appalachian State University. That gap comes from real differences in what each one costs, what its graduates earn, and the debt they leave with.

Start with what you'd actually pay. After aid, University of North Carolina at Chapel Hill runs $11,655 a year against $16,836 at Appalachian State University - $5,181 more a year, or about $20,724 across four years.

Then look at what that buys. Ten years after enrollment, University of North Carolina at Chapel Hill graduates earn a median $72,200 against $51,836 at Appalachian State University. The cost earns itself back in 5 years at University of North Carolina at Chapel Hill and 12.3 years at Appalachian State University.

Finally, the debt you'd carry out. Graduates leave University of North Carolina at Chapel Hill owing a median $14,000 versus $20,231 at Appalachian State University. Their debt-to-earnings ratios are 0.28 and 0.59 - and the rule of thumb is to keep that under 1.0, meaning debt no bigger than a first year's pay.

Head-to-Head Numbers

MetricUniversity of North Carol...Appalachian State Univers...
Cost
In-State Tuition$8,994$7,579
Out-of-State Tuition$41,203$25,212
Net Price (avg)$11,655$16,836
Total 4-Year Cost$46,620$67,344
Outcomes
Median Earnings (6yr)$49,900$34,300
Median Earnings (10yr)$72,200$51,836
Graduation Rate91.2%74.5%
Payback Period5 yr12.3 yr
Debt
Median Debt$14,000$20,231
Monthly Payment$148$214
Debt-to-Earnings0.280.59
3yr Repayment Rate85.4%79.8%
5yr Repayment Rate85.3%77.9%
Admissions
Acceptance Rate15.3%90.1%
Enrollment20,75219,444
SAT Range1390-15301120-1280

Net Price by Family Income

Average annual net price after grants and scholarships, by household income bracket.

Family IncomeUniversity of North ...Appalachian State Un...
$0-$30,000$2,004$9,325
$30,001-$48,000$3,918$11,600
$48,001-$75,000$8,538$15,204
$75,001-$110,000$16,415$20,840
$110,001+$24,396$22,382

Earnings by Major - Head to Head

Median earnings for majors offered at both schools. Green highlights the higher figure.

MajorUniversity of North ...Appalachian State Un...
Computer Science$137,047$97,670
Business Administration, Management, and Operations$135,874$64,932
Health and Medical Administrative Services$110,204$66,227
Economics$103,846$67,285
Physics$103,477$82,399
Mathematics$101,599$62,271
Registered Nursing$78,585$78,943
Liberal Arts and Sciences$72,422$21,143
International Relations$72,001$54,344
Communication and Media Studies$70,240$55,307
Natural Resources Conservation$65,337$46,207
Chemistry$64,981$58,329
Kinesiology and Exercise Science$63,286$55,594
Biology$62,047$53,228
Geography and Cartography$49,476$58,289

ROI Sub-Score Breakdown

ComponentUniversity of North ...Appalachian State Un...
Earnings Premium (30%)9654
Payback Period (25%)9347
Debt / Earnings (20%)9553
Completion Rate (15%)9784
Repayment Rate (10%)8770
Overall ROI Score9458
Exceptional Value

The Verdict

On the money, this one isn't close: University of North Carolina at Chapel Hill clearly outperforms Appalachian State University (94 vs 58), a 36-point gap driven by better earnings for what graduates paid. Unless Appalachian State University brings something that matters to you specifically - a standout program in your major, a full scholarship, or reasons beyond the money - the data points to University of North Carolina at Chapel Hill.

Want to personalize these numbers?

The ROI calculator lets you plug in your financial aid, intended major, and living situation for a tailored comparison.

94

University of North Carolina at Chapel Hill

Exceptional Value - Full profile and breakdown

58

Appalachian State University

Below Average Value - Full profile and breakdown

Data from the U.S. Department of Education College Scorecard, as of 2024-2025. Earnings are measured 6 and 10 years after enrollment. Net prices reflect average aid for first-time, full-time students.See full methodology.