28

Davenport University

Grand Rapids, Michigan · Private Nonprofit · 97.8% acceptance rate

ROI Score: 28/100 · Poor Value

Davenport University, a Grand Rapids, Michigan private nonprofit focused on business, tech, and health career fields, posts a Poor Value ROI score of 28/100. The headline ratios are tough: 20.9-year payback period, debt-to-earnings of 0.741 (more than 70 cents of debt for every dollar of early earnings), and a 56.9% repayment rate that flags real difficulty servicing loans. Tuition runs $24,466 per year with a $17,707 net price after aid - roughly $70,828 over four years. Median earnings six years after entry are $35,100, climbing modestly to $45,099 at ten years. The earnings premium over a high-school graduate is only 14.3%, which is the core problem: students borrow at private-college rates and earn at near-public-associate levels. The bright spot is completion - at 56.6%, Davenport finishes more students than many open-admission peers. The school's nursing and computer programs deliver materially better outcomes than the institution-wide picture, and prospective students should treat Davenport less as a single brand and more as a portfolio of program-specific bets where the technical and clinical majors carry the financial case.

Payback Period
20.9 yr
Years until earnings premium covers total investment
Net Price / Year
$17,707
$70,828 over 4 years after aid
10-Year Earnings
$45,099
Median graduate 10 years after entry
Debt / Earnings
0.74
$26,000 median debt vs first-year salary

Davenport University

28
ROI ScorePoor Value
Earnings Premium
27(0.14x)
Payback Period
25(20.9 yr)
Debt / Earnings
22(0.74)
Completion Rate
53(57%)
Repayment Rate
14(57%)

Quick Numbers

In-state tuition + fees$24,466/yr
Out-of-state tuition + fees$24,466/yr
Average net price$17,707/yr
Total 4-year cost (net)$70,828
Median earnings (10yr post-entry)$45,099
Median earnings (6yr post-entry)$35,100
Median debt at graduation$26,000
Estimated monthly loan payment$276
Estimated payback period20.9 years
6-year graduation rate56.6%
Undergraduate enrollment3,134

Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).

The Full Financial Picture

The sticker price at Davenport University is $24,466/year. But sticker price isn't what most students pay. After grants, scholarships, and financial aid, the average student pays a net price of $17,707/year, or roughly $70,828 over four years.

That net price varies significantly by family income. The lowest-income families (under $30,000/year) pay an average of $16,700/year, while families earning over $110,000 pay $28,703/year.

The median graduate leaves with $26,000 in federal loan debt, translating to an estimated monthly payment of $276 on a standard 10-year repayment plan. Against median earnings of $45,099 ten years out, the debt-to-earnings ratio is 0.74 - within the recommended range but worth monitoring.

Net Price by Family Income

What families actually pay after grants and scholarships, by income bracket.

Family IncomeAvg Net Price/Year
$0 - $30,000$16,700
$30,001 - $48,000$22,376
$48,001 - $75,000$22,856
$75,001 - $110,000$24,420
$110,001+$28,703

Cost by Income Bracket Explained

Lower-income families (under $30K)

Lower-income families ($0-$30,000) pay $16,700 per year net - actually the cheapest bracket, suggesting Pell and institutional aid stack reasonably well at the bottom. Over four years that is about $66,800. The bracket structure inverts above this: the $30,001-$48,000 group pays more at $22,376, a flag worth raising. Lower-income families should still scrutinize whether the program-specific ROI justifies the cost.

Middle-income families ($30K-$110K)

Middle-income households face the inverted aid problem most acutely. The $30,001-$48,000 bracket pays $22,376, the $48,001-$75,000 bracket pays $22,856, and the $75,001-$110,000 bracket pays $24,420 - approaching the sticker price. Four-year cost lands at $89,000-$98,000 for this group. Unless targeting nursing or computer science specifically, the math is hard to justify.

Higher-income families ($110K+)

Families above $110,000 pay $28,703 per year net, which exceeds the published $24,466 tuition figure. That inversion - net price higher than tuition - reflects room, board, and fees being captured in the net-price calculation while the tuition figure is tuition-only. Four-year all-in approaches $115,000, and the financial case requires a high-earning program choice.

Earnings by Major

Top 10 most popular majors at Davenport University with available earnings data.

MajorMedian EarningsGrade
Registered Nursing$78,357C
Business Administration, Management, and Operations$71,344C+
Marketing$60,463C
Accounting$68,792C+
Computer/Information Technology Administration$73,487C
Computer Science$76,469C+
Health and Medical Administrative Services$64,247D
Human Resources Management$67,854C
Kinesiology and Exercise Science$54,729D
Computer Systems Networking and Telecommunications$69,737B

Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.

Program Analysis

Why these programs deliver their earnings outcomes.

Registered Nursing

Nursing is Davenport's flagship by volume - 188 graduates a year - earning $72,486 at one year and $78,357 at four years. Median debt is high at $46,829, pushing the debt-to-earnings ratio to 0.646 and a C ROI grade. The earnings are strong for a Michigan nursing program; the wrinkle is the debt load, which is materially higher than at public nursing programs. Students should confirm clinical placement quality and NCLEX pass rates before signing on.

Business Administration, Management, and Operations

The second-largest program at 174 graduates posts $51,384 first-year earnings rising to $71,344 at four years, with $27,898 median debt and a 0.543 debt-to-earnings ratio - a C+ ROI grade. The four-year earnings ramp is solid, suggesting the program does prepare students for managerial pay over time. Better positioned than soft-business programs at many peer schools.

Computer Science

Computer Science (43 grads) earns $60,031 at year one and $76,469 at year four, with $32,500 median debt and a 0.541 debt-to-earnings ratio yielding a C+ ROI grade. These are workmanlike outcomes - below big-school CS programs but well above Davenport's institutional median. For students priced out of selective CS programs, this is a defensible regional option.

Computer Systems Networking and Telecommunications

Networking and telecom is the standout: 27 grads earning $57,502 at year one and $69,737 at year four, with only $24,146 median debt and a 0.42 debt-to-earnings ratio - a B ROI grade, the best at Davenport. The combination of solid earnings and restrained debt is exactly what a career-focused private should produce. A small but quietly excellent program.

Health and Medical Administrative Services

Health admin grads (36/yr) earn $52,603 at year one and $64,247 at year four - decent numbers - but median debt is $50,407 and debt-to-earnings hits 0.958, the highest in Davenport's reported mix, yielding a D ROI grade. The debt load is the problem; students paying near $50k for an administrative credential should consider lower-cost paths to the same job.

How Graduates Do

Earnings

6 years after entry$35,100
+$100 vs. HS grad
10 years after entry$45,099
+$10,099 vs. HS grad
Annual earnings premium$10,099
Over median HS graduate ($35,000)

Loan Repayment

MetricThis SchoolNat'l Avg
1-year repayment49.5%52.0%
3-year repayment56.9%62.0%
5-year repayment38.0%68.0%
7-year repayment44.1%72.0%

Completion Rate

0%National avg: 60.0%100%
56.6%
6-year rate

Admissions Snapshot

Acceptance rate97.8%
Enrollment3,134
Pell Grant recipients33.8%
Avg faculty salary (monthly)$7,047

Davenport admits 97.84% of applicants, essentially open-admission. SAT and ACT mid-ranges are not reported in current Scorecard data, consistent with a test-optional or test-blind posture for adult and career-focused learners. Open access matters here because Davenport draws many working adults and transfer students; the 56.6% completion rate is actually above average for an open-admission private, suggesting reasonable institutional support, though far from selective-college territory.

Compared to Similar Schools

Peer institutions matched by type, size, and selectivity.

Scorecard peers include Adrian College, Albion College, Universidad Politecnica de Puerto Rico, Oral Roberts University, and Charleston Southern University. Davenport's 28 ROI score trails the small Michigan liberal-arts pair (Adrian, Albion) and sits near faith-based regional privates like Oral Roberts and Charleston Southern. The Puerto Rico polytechnic comparison is structurally unusual - it shares a career-focused profile but operates in a very different cost and labor-market context. Among this peer set, Davenport's nursing and tech outcomes are competitive; its broad business cohort is middle-of-pack.

SchoolROINet Price10yr Earnings
Davenport University (this school)
28
$17,707$45,099
Albion College
65
$14,301$58,799
Adrian College
39
$25,368$55,504
Oral Roberts University
29
$25,365$46,885
Universidad Politecnica de Puerto Rico
27
$17,540$47,540
Charleston Southern University
24
$21,666$45,898

Who Thrives Here

Davenport enrolls 3,134 students with a 33.8% Pell rate, indicating a meaningful working-class and lower-income base. The school fits Michigan-region adult learners, career-changers, and traditional students targeting nursing, IT, computer science, or accounting - programs where the labor market in West Michigan is genuinely strong. Students drawn to softer majors like kinesiology or general business should weigh the institution-wide weak earnings against in-state public alternatives such as Grand Valley State or Ferris State.

The Verdict: The Numbers Don't Add Up

Poor Value

The financial data raises serious concerns about Davenport University. With a net cost of $17,707 per year and median graduate earnings of only $45,099 ten years out, the estimated payback period exceeds 20.9 years. For most students, the financial return does not justify the cost.

Areas of concern include weak earnings relative to cost and high debt relative to what graduates earn and concerning loan repayment rates and a long payback period.

Median debt of $26,000 against $45,099 in earnings is reasonable, though major choice matters significantly. Students in higher-earning programs will see better returns.

Rankings & Links

Guides & Tools

Data: College Scorecard API (U.S. Department of Education)

Vintage: 2024-2025 · Last updated: 2026-03-25

Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.