Governors State University
University Park, Illinois · Public · 48.3% acceptance rate
ROI Score: 63/100 · Fair Value
Data: 2024-25 College Scorecard release
Governors State University is a public institution in University Park, Illinois, serving the south suburban Chicago region, with 2,556 students and an overall ROI score of 63 - Fair Value. This score reflects a split picture: the earnings premium sub-score of 88 and payback period score of 74 indicate that graduates who complete earn meaningfully above their high school credential alternative. The critical negative data points are a 22% completion rate (score of 6 out of 100) and a 52% repayment rate at three years (score of 10 out of 100). Average six-year earnings of $40,300 grow to a median $58,169 at ten years, consistent with a working-adult population that is already partially employed and continues to build wages after graduation. Registered Nursing is the strongest measured program, with first-year earnings of $80,391 and a B+ grade. Computer Science earns a B+ grade with a debt-to-earnings ratio of 0.341. Business Administration serves 96 graduates with a C+ grade. Psychology, with 84 graduates, earns a D grade with a debt-to-earnings ratio of 0.862. The 22% completion rate is the primary warning for prospective students: most who enroll will not complete a degree through the standard measurement window.
How Governors State University scores under our methodology
These are the College Scorecard measures that pull this school's CampusROI score down. They describe the published figures, not the quality of the education, and they are our reading of the data. Check them against your own aid offer and intended major.
- 6-year graduation rate22.1% - The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our score, since a degree that is not finished rarely pays back.
Governors State University
Quick Numbers
| In-state tuition + fees | $12,004/yr |
| Out-of-state tuition + fees | $12,004/yr |
| Average net price | $12,329/yr |
| Total 4-year cost (net) | $49,316 |
| Median earnings (10yr post-entry) | $58,169 |
| Average earnings (6yr post-entry) | $40,300 |
| Median debt at graduation | $18,618 |
| Estimated monthly loan payment | $197 |
| Estimated payback period | 8.2 years |
| 6-year graduation rate | 22.1% |
| Undergraduate enrollment | 2,556 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $12,004/year, which covers tuition and fees only. The net price counts books, supplies, and average living costs on top of tuition and fees, then subtracts grants and scholarships. For the average student here it comes to $12,329/year, or roughly $49,316 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $9,563/year here, while families earning over $110,000 pay $22,076/year.
Among graduates who borrowed, the median federal loan debt from this school is $18,618, which works out to about $197 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($40,300) and comes to 0.46, which in our view is comfortably manageable.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $9,563 |
| $30,001 - $48,000 | $10,933 |
| $48,001 - $75,000 | $11,705 |
| $75,001 - $110,000 | $16,741 |
| $110,001+ | $22,076 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Low-income students (families under $30,000) pay approximately $9,563 annually - roughly $38,252 over four years at the minimum. Pell Grants and Illinois MAP grants typically cover a large share of this cost for qualifying students. Against average six-year earnings of $40,300, even a modest debt load is manageable if the student completes. The 22% completion rate is the critical risk: a student who does not complete earns no credential benefit while still potentially accumulating debt.
Middle-income families ($30K-$110K)
Middle-income students ($30,001 - $75,000) pay between $10,933 and $11,705 annually. Over four years, the total net cost is approximately $44,000 - $47,000. At this price, the eight-year payback period is acceptable for completers in nursing, computer science, or business. Students in lower-earnings programs face longer payback timelines but still benefit from the low absolute cost. Middle-income families should verify Governors State's specific aid structure before enrolling.
Higher-income families ($110K+)
Higher-income families ($75,001 and above) pay $16,741 - $22,076 annually. At higher incomes, the completion rate and repayment data are more material risks, as these families typically have less federal grant support cushioning partial or non-completion outcomes. Students from higher-income families choosing Governors State for cost reasons should be highly confident in the student's ability to complete on a defined timeline.
Earnings by Major
Top 10 most popular majors at Governors State University with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Business Administration, Management, and Operations | $59,562 | C+ |
| Liberal Arts and Sciences | $50,703 | D |
| Psychology | $47,048 | D |
| Criminal Justice and Corrections | $55,811 | C+ |
| Teacher Education | $46,895 | C+ |
| Accounting | $61,223 | C+ |
| Computer and Information Sciences | $70,895 | B |
| Computer Science | $79,154 | B+ |
| Health and Medical Administrative Services | $53,227 | C |
| Communication and Media Studies | $47,475 | D |
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
Registered Nursing earns a B+ grade with first-year median earnings of $80,391 and four-year earnings of $88,391. The debt-to-earnings ratio of 0.340 is well-controlled. With only 9 graduates, the cohort is too small for statistical confidence, and these figures should be treated as directional rather than precise.
Computer Science
Computer Science earns a B+ grade with first-year earnings of $52,115 and four-year earnings of $79,154. The debt-to-earnings ratio of 0.341 is favorable. With 25 graduates, the cohort is small but directionally meaningful. At a net price of $12,329, a Computer Science graduate paying off the $17,750 median debt against four-year earnings of $79,154 achieves a genuinely strong financial return - one of Governors State's most defensible investment cases.
Business Administration, Management, and Operations
Business Administration earns a C+ grade with first-year earnings of $44,436 and four-year earnings of $59,562. The debt-to-earnings ratio of 0.455 is moderate. With 96 graduates, this is one of Governors State's highest-volume measured programs. Business graduates in Chicago's south suburban market access professional employment in healthcare administration, logistics, and public sector roles. The C+ grade reflects that early earnings are modest, but the low cost of attendance makes the degree financially defensible relative to higher-cost alternatives.
Psychology
Psychology earns a D grade with first-year earnings of $29,449 and four-year earnings of $47,048. The debt-to-earnings ratio of 0.862 is high relative to early wages. With 84 graduates, this is a high-confidence cohort. Psychology undergraduates at Governors State who do not pursue licensure or graduate credentials face a structurally difficult financial picture given the debt load relative to first-year wages. Graduate study in counseling or clinical psychology is a common path for this population but carries additional cost and time requirements.
Accounting
Accounting earns a C+ grade with first-year earnings of $47,836 and four-year earnings of $61,223. The debt-to-earnings ratio of 0.460 is manageable at Governors State's cost structure. With 40 graduates, the cohort is meaningful. Accounting at Governors State is a practical degree for working students in the south Chicago metro building toward CPA examination eligibility.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | 46.2% | 68.8% |
| 3-year repayment | 51.9% | 73.6% |
| 5-year repayment | 53.1% | 67.7% |
| 7-year repayment | 60.1% | 72.8% |
Completion Rate
Trends Over Time
How Governors State University’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 48.3% |
| Enrollment | 2,556 |
| Pell Grant recipients | 53.6% |
| Avg faculty salary (monthly) | $8,619 |
The 48% admission rate reflects Governors State's position as an upper-division and transfer university historically - many applicants arrive with transfer credit from community colleges. Prospective students should meet with an academic advisor before enrolling to map out a realistic completion timeline and ensure prerequisite coursework is complete.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Governors State University (this school) | 63 | $12,329 | $58,169 |
| University of Arkansas Grantham | 69 | $8,370 | $63,496 |
| Miami University-Hamilton | 62 | $11,286 | $55,076 |
| Bemidji State University | 60 | $15,261 | $53,755 |
| Eastern Illinois University | 54 | $12,786 | $51,989 |
| Chicago State University | 16 | $12,335 | $42,778 |
Who Thrives Here
Governors State University fits working adults, transfer students, and south suburban Chicago residents seeking accessible, affordable public higher education in health sciences, business, computing, or education. The completion rate data reflects the population's genuine barriers - employment, family obligations, financial disruption - rather than academic preparedness. Prospective students who have a clear credential goal, are prepared to complete in a defined timeline, and are accessing employer tuition benefits or Pell-eligible funding will find the value proposition defensible. Students without a concrete completion plan should approach enrollment cautiously given the 22% completion rate.
The Verdict: A Reasonable Bet - With Caveats
Governors State University is a fair-value bet, but how well it pays off depends a lot on you. At $12,329 a year after aid ($49,316 over four years), with the typical graduate earning $58,169 a decade out, the cost takes about 8.2 years to earn back. For context, the median payback across the schools we score is about 12 years.
What it has going for it: a strong earnings premium over high school graduates, manageable debt relative to earnings. What to keep an eye on: its 22.1% graduation rate, a three-year loan repayment rate of 51.9% (median across the schools we score: 73.6%).
Median debt of $18,618 among graduates who borrowed, against average earnings of $40,300 six years after entry, gives a debt-to-earnings ratio of 0.46, under the 1.0 point at which debt would equal a full year of those earnings. Your major matters a lot here: graduates in higher-earning fields will see the better end of this.
Governors State University: Common Questions
Is Governors State University worth it?
In our view, it's a fair-value bet - whether Governors State University is worth it depends a lot on your major and aid package. It scores 63/100 on our ROI scale. At $12,329 a year after aid ($49,316 over four years) against $58,169 in typical earnings a decade out, the cost takes about 8.2 years to earn back. For context, the median payback across the schools we score is about 12 years.
How much does Governors State University cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $12,329 a year, or roughly $49,316 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do Governors State University graduates earn?
The typical graduate earns about $58,169 ten years after enrolling, roughly $16,369 a year more than the median high-school graduate ($41,800, per NCES, 2022). That earnings gap is what has to cover the cost of the degree.
How long does it take to pay off Governors State University?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at about 8.2 years for Governors State University. The median across the schools we track is about 12 years.
How much debt do Governors State University graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $18,618, against average earnings of $40,300 six years after entry - a debt-to-earnings ratio of 0.46. In our view that is reasonable, though your major matters: higher-earning fields will see the better end of it.
What is the graduation rate at Governors State University?
The six-year graduation rate is 22.1%. The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
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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.