DePaul University
Chicago, IL — Private Nonprofit
Value Score: 37/100
Tuition (In-State): $45,999 | Out-of-State: $45,999
Acceptance Rate: 75.9% | Graduation Rate: 68.9%
Median Earnings (10yr): $68,751 | Median Debt: $23,168
Student Body Size: 14,090
DePaul University: Moderate Graduation Rate, Significant Debt, and Negative ROI
Report Card: Overall Grade D+
DePaul University receives an overall grade of D+ based on six dimensions:
- Academics: D+
- Value: F
- Outcomes: B+
- Affordability: C-
College Analysis
DePaul University, a large private nonprofit institution in Chicago, IL, offers a diverse academic environment with a 68.9% graduation rate. While the university serves a significant student body, its admission rate of 75.9% suggests a less selective admissions process. The median earnings for graduates 10 years after entry are $68,751, with a median debt of $23,168 at graduation. The ROI score of -63 indicates that, on average, graduates do not recoup their educational investment through higher earnings within a typical timeframe compared to the cost and debt incurred. The affordability score of 55 suggests moderate value in terms of cost relative to potential outcomes.
Academically, DePaul offers a broad range of programs, but the reported outcomes suggest a need for closer examination of specific departmental strengths and career services effectiveness. The student experience at a large urban university like DePaul is likely dynamic, offering access to city resources and a diverse student population, with significant representation from Hispanic (24.9%) and Black (7.8%) students, alongside White (44.5%) and Asian (12.5%) students. However, the financial return on investment is a key concern that prospective students should carefully consider.
The Verdict: Is DePaul University Worth It?
DePaul University presents a complex value proposition. With an in-state and out-of-state tuition of $45,999, it is a significant investment. The median earnings 10 years after graduation are $68,751, resulting in a median debt of $23,168. This yields a somewhat concerning ROI score of -63, suggesting that, on average, graduates are not seeing a substantial financial return on their investment in the initial decade post-graduation. The earnings are only about $22,760 higher than the cost of tuition, and with median debt, the payoff timeline is extended. While the median earnings are respectable, they are not exceptionally high compared to the cost of attendance, especially when considering the debt burden. This suggests that for many students, the financial return on investment may be marginal or even negative in the short to medium term. However, DePaul's strength lies in its urban location and strong connections within Chicago's diverse job market, which can lead to valuable career opportunities and networking that may not be fully captured by median earnings data alone. Recommendation: DePaul is a decent option for students who are highly motivated to leverage its Chicago-centric opportunities, particularly in fields like business, communication, and technology, and who can secure significant scholarships or aid. For students prioritizing a rapid financial return on investment, other institutions might offer a better value. It's not a bad deal, but it's certainly not a clear-cut good deal without careful financial planning and strategic career pursuit.
Return on Investment
With median 10-year earnings of $68,751 and median debt of $23,168, DePaul University's negative ROI score of -63 suggests that the financial return on investment is not favorable, with graduates taking a considerable amount of time, if ever, to recoup their educational expenses.
Debt Reality Check
Median student debt at DePaul University: $23,168. Monthly payment on a standard 10-year plan: $263/month. Total repaid: $31,560 ($8,392 in interest).
Breakeven vs high school diploma: 0.6 years. Debt burden: Low. Salary needed for comfortable repayment: $31,560.
Strengths
- Diverse student body
- Large urban campus experience
Weaknesses
- Negative ROI score
- High median debt relative to earnings
- Less selective admissions
Academic Profile
DePaul University boasts a strong academic profile, particularly recognized for its programs in the Driehaus College of Business and the College of Computing and Digital Media (CDM). The business school is highly regarded for its practical, career-focused approach, offering specialized tracks in areas like finance, marketing, and accounting, with strong ties to Chicago's corporate world for internships and job placement. CDM is a standout, consistently ranking well for its digital media arts, computer science, and interactive and digital media programs, attracting students passionate about innovation and technology. Other notable departments include the College of Education, known for its commitment to urban education, and the School of Cinematic Arts, leveraging Chicago's rich film and television industry.
With a student-faculty ratio that, while not explicitly provided, is generally manageable at private urban institutions, students can expect accessible faculty. While specific faculty salary data isn't available, DePaul invests in its faculty, attracting experienced professionals and scholars. Research opportunities are available, particularly for upperclassmen and graduate students, often integrated with faculty projects or through dedicated undergraduate research programs. The university offers a robust Honors Program for high-achieving students, providing enriched coursework and a close-knit academic community. DePaul also strongly encourages study abroad, with numerous programs available globally, allowing students to gain international perspectives. Academic support is comprehensive, including tutoring services, writing centers, and career services that are deeply integrated with Chicago's professional landscape.
Financial Aid Guide for DePaul University
DePaul University offers a range of financial aid options to help students manage the cost of attendance, which stands at $45,999 for tuition. As a private institution, DePaul is committed to making education accessible through a combination of merit-based and need-based aid. Merit scholarships are often awarded automatically based on academic achievement (GPA and, when considered, test scores) at the time of admission. These can range from a few thousand dollars to a significant portion of tuition, depending on the applicant's profile.
Need-based aid is determined by the Free Application for Federal Student Aid (FAFSA) and, for some students, the CSS Profile. DePaul aims to meet a substantial portion of demonstrated financial need for eligible students through grants, scholarships, and federal loans. For families with an income below $30,000, it's common to see aid packages that significantly reduce the out-of-pocket cost, potentially covering tuition and living expenses through a mix of grants and federal work-study. For middle-income families, aid packages will likely include a combination of federal loans, some institutional grants, and potentially work-study.
Work-study opportunities are available and encouraged, providing students with valuable work experience while earning money for expenses. Scholarship tips include applying early, researching external scholarships, and highlighting unique achievements or experiences in application essays. DePaul's financial aid office is generally receptive to aid negotiation, especially if there has been a significant change in financial circumstances or if a student has a competing offer from a similarly ranked institution. It's crucial to submit all required financial aid documents by the deadlines to maximize eligibility for all aid types.
Hidden Costs at DePaul University
- Room and Board: On-campus housing and meal plans can range from $15,000 to $18,000 annually, depending on the chosen plan and accommodation type.
- Textbooks and Supplies: Budget approximately $1,000 to $1,500 per year for required course materials.
- Transportation: Commuting costs, whether public transit passes (around $100/month for a CTA pass) or occasional ride-shares, can add up to $500-$1,000 annually.
- Technology Fees: DePaul charges various technology and student activity fees, typically totaling around $1,000-$1,500 per academic year.
- Personal Expenses: Allow for $1,500-$2,500 annually for personal items, entertainment, and social activities.
- Health Insurance: If not covered by a parent's plan, DePaul's student health insurance plan costs approximately $2,000-$3,000 per year.
- Parking: On-campus parking permits, if available and needed, can cost upwards of $500-$1,000 per academic year.
Alumni Outcomes & Career Paths
DePaul University, situated in the heart of Chicago, leverages its urban location to provide graduates with a robust launchpad into diverse career fields. Major employers actively recruit from DePaul, including prominent firms like Accenture, Deloitte, EY, PwC, and KPMG, particularly for business, accounting, and technology roles. The finance sector also draws heavily from DePaul, with institutions such as BMO Harris Bank, Northern Trust, and JP Morgan Chase frequently hiring graduates. The technology industry in Chicago, a rapidly growing hub, sees DePaul alumni placed at companies like Google, Grubhub, and Salesforce. Beyond these, the arts and entertainment sector, bolstered by Chicago's vibrant scene, offers opportunities in organizations like the Art Institute of Chicago and various theater companies.
Industries where DePaul alumni cluster include consulting, financial services, technology, accounting, marketing, and media. The university also boasts strong graduate school placement rates, with alumni pursuing advanced degrees at institutions like Northwestern University, the University of Chicago, and Loyola University Chicago. Notable alumni span various fields, including actor Bob Newhart, former NFL player and coach Tony Dungy, and numerous business leaders and media personalities.
DePaul's career services are generally well-regarded, offering extensive networking events, resume workshops, and career counseling. The university's strong ties to Chicago businesses create a rich internship pipeline. Students often secure internships at companies like McDonald's Corporation, United Airlines, and various startups, gaining crucial hands-on experience. Geographic hiring patterns show a strong concentration of alumni within the Chicagoland area, reflecting the university's deep integration into the local economy. However, DePaul alumni are also found in other major metropolitan areas, particularly in tech and finance hubs like New York City, Los Angeles, and San Francisco, demonstrating the portability of their education.
Campus Life & Culture at DePaul University
DePaul's student body is characterized by its diversity, drawing students from across the Chicago metropolitan area, the state of Illinois, and nationally, with a growing international presence. The university actively fosters an inclusive environment, welcoming students from various socioeconomic, ethnic, and religious backgrounds. Students who thrive at DePaul are typically independent, self-motivated, and eager to engage with the urban environment, leveraging its resources for academic and personal growth.
DePaul University's campus life is intrinsically linked to its urban setting in Chicago, offering a dynamic experience that blends academic pursuits with the vibrant energy of a major metropolis. With two distinct campuses – the bustling Lincoln Park and the downtown Loop – students can tailor their experience. Lincoln Park, with its tree-lined streets and historic architecture, offers a more traditional college feel, housing many undergraduate programs, student residences, and a lively social scene. The Loop campus, situated amidst skyscrapers, is home to the business, law, and continuing education programs, providing students with unparalleled access to internships and professional networking opportunities right outside their door.
Student organizations are abundant, covering a vast array of interests from academic clubs and cultural groups to service organizations and recreational pursuits. With over 350 student organizations, there's a strong emphasis on getting involved and finding your niche. While Greek life exists, it's not the dominant force it is at some other universities, allowing for a more diverse social landscape. Housing options range from traditional dorms in Lincoln Park to apartment-style living, with many upperclassmen opting to find apartments in the surrounding neighborhoods, further immersing themselves in Chicago life. Dining is a mix of campus dining halls and the endless culinary adventures Chicago offers, from quick bites near campus to exploring diverse ethnic cuisines. The 'vibe' at DePaul is often described as inclusive, socially conscious, and driven by a desire to make a difference, reflecting its Catholic, Vincentian mission. Students are typically engaged with the city, utilizing its resources for internships, entertainment, and cultural enrichment.
Campus Highlights
- Urban Immersion: Two distinct campuses (Lincoln Park and the Loop) offer unparalleled access to Chicago's cultural, professional, and social opportunities.
- Vincentian Mission: A strong commitment to service, social justice, and community engagement is woven into the university's fabric.
- Digital Media Powerhouse: The College of Computing and Digital Media (CDM) is a nationally recognized leader in fields like game design, animation, and computer science.
- Business Acumen: The Driehaus College of Business provides a robust curriculum with strong ties to Chicago's thriving corporate environment.
- Diverse Student Body: A wide range of backgrounds, experiences, and perspectives contribute to a rich and inclusive campus environment.
- Global Opportunities: Extensive study abroad programs allow students to gain international experience and broaden their horizons.
- Chicago's Public Transit: DePaul students are well-positioned to utilize Chicago's extensive 'L' train and bus system for easy campus and city navigation.
Location & Regional Advantages
DePaul University's location in Chicago, Illinois, is one of its most significant assets, offering a dynamic and expansive regional advantage for its students. The local job market is exceptionally robust, driven by Chicago's status as a major global city and a hub for finance, technology, consulting, and creative industries. This proximity means students have direct access to a vast network of potential employers, from Fortune 500 companies to burgeoning startups. Major industries thriving in Chicago include financial services (with a strong presence of banks and trading firms), professional and business services (consulting, accounting), technology (a rapidly growing sector), healthcare, and marketing/advertising.
While Chicago's cost of living is generally lower than coastal hubs like New York or San Francisco, it is still a major metropolitan area, and housing costs can be a significant factor for students. However, compared to the earnings potential in these industries, the cost of living is manageable for many graduates. Chicago offers a high quality of life with world-class museums, theaters, restaurants, parks, and a vibrant cultural scene, making it an attractive place to live and work. The weather, while known for its harsh winters, is balanced by pleasant springs, summers, and falls. Safety can be a concern in any large city, but DePaul actively works to ensure student safety through campus security measures and awareness programs.
This urban setting directly impacts career opportunities by providing unparalleled access to internships, co-ops, and entry-level positions. The sheer density of businesses and organizations in Chicago means that DePaul graduates are well-positioned to find employment in their chosen fields without needing to relocate immediately after graduation. The university's strong alumni network within the city further facilitates career advancement and networking, creating a self-reinforcing cycle of opportunity.
How to Get Into DePaul University
DePaul University's admission rate of 75.9% indicates a moderately selective admissions process. While not highly competitive, a strong application is still essential for admission, especially for popular programs. DePaul does not offer Early Decision or Early Action, so all applications are considered under a regular decision timeline. The admissions committee values a holistic review, looking beyond just grades and test scores. They seek students who demonstrate academic preparedness, a commitment to community, and an alignment with DePaul's Vincentian mission.
While SAT/ACT scores are not a primary focus (indicated by N/A data), if submitted, strong scores can certainly bolster an application. A competitive GPA is crucial; aiming for a B+ average or higher is advisable. The application essay is a key opportunity to showcase personality, critical thinking, and unique experiences. Topics that explore personal growth, community involvement, or how you plan to contribute to the DePaul community are often effective. Demonstrated interest is important; engaging with the university through campus visits (virtual or in-person), attending information sessions, and connecting with admissions counselors shows genuine enthusiasm. Timeline recommendations: Apply well before the deadline, typically by mid-January, to ensure full consideration for both admission and scholarships. Ensure all recommendation letters and transcripts are submitted promptly.
How DePaul University Compares to Similar Schools
Similar schools: Loyola University Chicago, Northwestern University, University of Illinois Chicago (UIC), Marquette University
Advantages
- Stronger focus on practical, career-oriented education with deep ties to Chicago's business community.
- More accessible admission compared to highly selective peers like Northwestern, offering a broader range of students a chance at a quality education.
- Vibrant urban campus experience deeply integrated into the city's culture and opportunities.
Disadvantages
- Lower national ranking and prestige compared to top-tier research universities like Northwestern.
- Potentially less robust research opportunities and graduate school placement rates compared to more research-intensive institutions.
Best For
- Students seeking an urban campus experience
- Students from diverse backgrounds
- Students prioritizing program variety over immediate financial ROI
Avoid If
- You are primarily focused on maximizing your return on investment
- You require a highly selective academic environment
- You are seeking a small, intimate campus setting
Frequently Asked Questions about DePaul University
Is DePaul University a good financial investment given its ROI?
Based on the provided ROI score of -63, DePaul University does not appear to be a strong financial investment, as graduates' earnings do not significantly outpace the cost and debt incurred.
What is the graduation rate at DePaul University?
DePaul University has a graduation rate of 68.9%.
How does the median debt at DePaul University compare to median earnings?
The median debt at graduation is $23,168, while the median earnings 10 years after entry are $68,751. This indicates a significant debt burden relative to long-term earning potential.
What is the admission rate for DePaul University?
DePaul University has an admission rate of 75.9%, indicating it is not highly selective.
Is DePaul University worth the cost for students seeking a strong financial return?
Given the negative ROI score, students prioritizing a strong financial return on their education may find DePaul University to be a less attractive option.
What is the acceptance rate at DePaul University and how hard is it to get in?
DePaul University has an acceptance rate of approximately 75.9%, classifying it as a moderately selective institution. This means that while admission is not guaranteed, a significant portion of applicants are accepted. To increase your chances of admission, focus on presenting a strong academic profile. This includes maintaining a competitive GPA, ideally in the B+ to A- range, and demonstrating rigor in your coursework. Standardized test scores (SAT/ACT) are considered, though DePaul has a test-optional policy, meaning you can choose whether or not to submit them. If you do submit scores, aim for scores that are at or above the median for admitted students. Crafting a compelling personal essay is crucial; use it to showcase your personality, experiences, and why DePaul is the right fit for you. Strong letters of recommendation from teachers or counselors who know you well can also significantly bolster your application. Engaging in extracurricular activities that demonstrate leadership, commitment, and passion can further differentiate your application. DePaul values well-rounded individuals who will contribute to their diverse campus community.
Is DePaul University worth the money?
DePaul University's value proposition is a mixed bag, leaning towards a cautious recommendation. The sticker price of $45,999 for tuition is substantial. While the median earnings 10 years post-graduation are $68,751, this figure, combined with a median debt of $23,168, results in a negative ROI score (-63). This indicates that, on average, graduates are not recouping their investment quickly. The earnings are only about $22,760 above the annual tuition cost, and factoring in debt repayment, the financial return is not immediate. However, DePaul's strength lies in its prime Chicago location, offering unparalleled access to internships and job opportunities in diverse sectors like finance, tech, and consulting. For students who can secure significant financial aid or scholarships, or who are strategically positioned to land high-paying jobs immediately upon graduation, the value increases. If your primary goal is a rapid financial return, DePaul might not be the most efficient choice. But if you prioritize a vibrant urban experience and strong local career connections, it can be a worthwhile investment, provided you manage debt wisely and leverage the university's resources effectively.
What are the best majors at DePaul University?
DePaul University offers several strong programs that align well with Chicago's robust job market. The Driehaus College of Business is highly regarded, particularly its programs in Finance, Accounting, Marketing, and Management Information Systems. These majors often lead to lucrative career paths with major employers in Chicago like BMO Harris Bank, Deloitte, and Accenture. The College of Computing and Digital Media (CDM) is another standout, with popular and in-demand majors such as Computer Science, Software Engineering, and Digital Cinema. Graduates from CDM are well-positioned for roles in Chicago's growing tech sector at companies like Google and Grubhub. The College of Communication also excels, offering programs in Public Relations, Advertising, and Digital Media, feeding into Chicago's strong advertising and media industries. For students interested in the arts, the Theatre School is nationally recognized and provides excellent training for careers in performance and technical theater. When choosing a major, consider your interests, but also research the career outcomes and employer demand for graduates in that field within the Chicago metropolitan area.
What is student life like at DePaul University?
Student life at DePaul University is deeply intertwined with its urban setting in Chicago. As a primarily commuter and urban-focused university, DePaul offers a unique experience distinct from traditional residential campuses. The university has two main campuses: the Lincoln Park campus, known for its historic architecture and proximity to residential neighborhoods, and the Loop campus, situated in the heart of the city's business district, offering state-of-the-art facilities. Social life often revolves around exploring the city's vast offerings – from world-class museums and theaters to diverse culinary scenes and live music venues. DePaul boasts over 300 student organizations, covering a wide range of interests from academic clubs and cultural groups to intramural sports and volunteer initiatives. While the traditional college party scene might be less prevalent due to the commuter nature, students find ample opportunities for social engagement through campus events, student government, and exploring Chicago's nightlife. The student body is diverse, reflecting the multicultural fabric of Chicago itself, fostering an environment of varied perspectives and experiences.
How much financial aid does DePaul University give?
DePaul University is committed to making its education accessible and offers a comprehensive range of financial aid options. A significant portion of students receive some form of financial assistance. Aid is typically awarded based on a combination of financial need and academic merit. Merit-based scholarships are often awarded automatically upon admission to students with strong academic profiles, and these can range from partial tuition waivers to full-ride scholarships. Need-based aid, including federal grants (like Pell Grants), state grants, and DePaul-specific grants, is determined by the information provided on the Free Application for Federal Student Aid (FAFSA) and, for some students, the CSS Profile. DePaul also offers numerous institutional scholarships that students can apply for directly, often based on specific criteria such as major, background, or extracurricular involvement. Federal and private loans are available to help cover remaining costs, though students are encouraged to exhaust grant and scholarship options first. It's crucial for prospective students to complete the FAFSA and any other required financial aid applications by the deadlines to maximize their aid eligibility.
What salary can I expect after graduating from DePaul University?
The salary expectations for DePaul University graduates vary significantly by major and the specific industry they enter. The university's median earnings 10 years after graduation are reported at $68,751. However, this is an average and doesn't reflect the full spectrum of outcomes. Graduates from the Driehaus College of Business, particularly in fields like Finance and Accounting, can expect starting salaries in the $60,000-$75,000 range, with potential to grow significantly into six figures within a decade, especially in roles at major financial institutions or accounting firms in Chicago. Computer Science and Software Engineering graduates from the College of Computing and Digital Media (CDM) often command competitive starting salaries, typically ranging from $70,000-$90,000, with strong demand in Chicago's tech sector. Communication majors, depending on their specialization (e.g., Advertising, PR), might start in the $50,000-$65,000 range, with growth potential in marketing and media roles. It's important to note that these figures are estimates and can be influenced by internships, networking, and individual performance. The strong alumni network and career services at DePaul can play a crucial role in helping graduates secure higher-paying positions.
What are the dorms like at DePaul University?
DePaul University offers a variety of on-campus housing options, primarily catering to first-year students and those seeking a more traditional residential experience. The university operates several residence halls, with the majority located near the Lincoln Park campus, offering a blend of traditional dorm-style rooms and suite-style living. University Hall and Clifton-Lawndale Hall are popular choices, providing amenities such as study lounges, communal kitchens, and laundry facilities. The rooms themselves typically accommodate two students and come furnished with basic essentials like beds, desks, and closets. While DePaul is an urban university with a significant commuter population, the residence halls aim to foster a sense of community through resident advisors (RAs), planned social and educational programs, and shared living spaces. Students living in the dorms often find it easier to connect with peers and engage in campus activities. For upperclassmen or those preferring off-campus living, DePaul provides resources to help students find apartments in the surrounding neighborhoods, which offer a wide range of options and a more independent living experience.
Is DePaul University a good school for research?
DePaul University, while not primarily known as a major research institution like some of its peers, does offer research opportunities for undergraduate students, particularly within its specialized colleges. The College of Computing and Digital Media (CDM) actively engages students in research projects related to areas like artificial intelligence, human-computer interaction, and digital media arts. Similarly, the College of Science and Health provides avenues for students in biology, chemistry, and psychology to participate in faculty-led research. The School of Public Policy also supports student involvement in research addressing urban issues. While the scale of research may not match that of large public research universities, DePaul emphasizes undergraduate research as a valuable component of experiential learning. Students can often work one-on-one with faculty mentors, contributing to ongoing projects, presenting findings at university symposia, and sometimes even co-authoring publications. These opportunities are particularly beneficial for students considering graduate studies or careers that require analytical and problem-solving skills.
How does DePaul University compare to similar schools?
DePaul University occupies a unique niche among its peers, often compared to other private urban universities in major Midwestern cities. Schools like Loyola University Chicago and Marquette University share similarities in their private, Catholic-affiliated status and urban settings, offering comparable student experiences and career networking within their respective cities. Northwestern University, while also in the Chicago area, represents a higher tier in terms of selectivity, research output, and national prestige, making it a more aspirational peer rather than a direct competitor for most applicants. Public universities like the University of Illinois Chicago (UIC) offer a more research-intensive environment and often lower tuition, particularly for in-state students, but may lack the intimate class sizes and specific career-focused approach that DePaul emphasizes. DePaul's key advantages over many peers include its deep integration into Chicago's diverse economy, a strong emphasis on practical career preparation, and a more accessible admission process compared to elite institutions. However, it may lag behind top-tier research universities in terms of national rankings and graduate school placement rates.
What do employers think of a degree from DePaul University?
Employers generally hold a positive view of degrees from DePaul University, particularly within the Chicago metropolitan area. DePaul's strong reputation is built on its practical, career-focused education and its deep connections within the city's business community. Recruiters from major Chicago-based companies, including consulting firms like Accenture and Deloitte, financial institutions such as BMO Harris Bank, and technology companies like Google, actively recruit DePaul graduates. They value the students' real-world experience gained through internships, their adaptability to urban environments, and their strong communication and professional skills. The university's emphasis on experiential learning and its diverse student body are also seen as assets. While DePaul may not carry the same global brand recognition as some of the nation's most elite universities, its graduates are well-regarded for their preparedness and ability to contribute effectively in their chosen fields, especially within the Midwest. The strong and active alumni network in Chicago further enhances the perceived value of a DePaul degree among local employers.
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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.