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Roosevelt University

Chicago, IL 60605-1394 — Private Nonprofit

Value Score: 65/100 | ROI Score: -43 | Affordability Score: 75/100

Tuition (In-State): $21,315 | Out-of-State: $21,315

Acceptance Rate: 97.2% | Graduation Rate: 38.2%

Median Earnings (10yr): $48,712 | Median Debt: $22,000

Student Body Size: 2,849 (medium)

Tuition & Affordability Analysis

In-state tuition at Roosevelt University is $21,315 per year, which is 46% below the national average for private institutions.

Out-of-state students pay $21,315/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $85,260 (tuition only, not including room, board, and fees).

Admissions Snapshot

Roosevelt University has an acceptance rate of 97.2%, placing it in the Open Admission (85%+) category. This means roughly 733 students apply each year.

Roosevelt University accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

Graduate Outcomes & Return on Investment

38.2% of students at Roosevelt University complete their degree, 38% below the national average. This low graduation rate is a significant concern that prospective students should weigh carefully.

Graduates of Roosevelt University earn a median salary of $48,712 ten years after enrollment, 19% above the national average. This represents a $13,712/year earnings premium over the average high school diploma holder, or $411,360 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $22,000, near the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $239/month, with a total repayment of $28,680 (including $6,680 in interest).

Debt-to-Earnings Ratio: 0.45x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Roosevelt University pays for itself in approximately 7 years. This is a reasonable investment timeline.

Student Body & Campus Diversity

Roosevelt University enrolls 2,849 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 76/100 (higher = more diverse). Roosevelt University has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 27%, Hispanic 35%, Black 22%, Asian 4%.

Roosevelt University: Medium-Sized Private Institution with Strong Career Focus

Report Card: Overall Grade D+

Roosevelt University receives an overall grade of D+ based on six dimensions:

  • Academics: D
  • Value: F
  • Outcomes: C+
  • Affordability: A

College Analysis

Roosevelt University is a Private Nonprofit institution in Chicago, IL with approximately 2,849 students. Academics: Roosevelt University offers a medium-sized campus with a strong focus on career readiness and practical skills. Value: The university provides a relatively affordable tuition compared to its peers, but graduates face a moderate debt burden. Outcomes: Graduates have a decent earning potential, but the graduation rate is below average, indicating potential challenges in completing a degree.

The Verdict: Is Roosevelt University Worth It?

Roosevelt University presents a complex value proposition. With a median 10-year earning of $48,712 and median debt of $22,000, the return on investment (ROI) score of -43 suggests a challenging financial payoff. The debt payoff timeline, based on these figures, could extend beyond 10 years if earnings remain at the median and debt repayment is standard. The in-state and out-of-state tuition being identical at $21,315 is a notable point, simplifying cost considerations. However, the low graduation rate of 38.2% raises concerns about student success and completion, which directly impacts the value derived from the education. Compared to the cost, the median earnings are relatively modest, indicating that while a degree from Roosevelt can lead to employment, it may not be the most financially lucrative path. It is not a clear 'hidden gem' nor is it definitively 'overpriced' without considering individual program outcomes and career services effectiveness. For students who can secure scholarships or grants to significantly reduce the $21,315 tuition, the value proposition improves. However, for those paying full price, the financial return appears to be a significant hurdle. Recommendation: Proceed with caution, prioritizing programs with demonstrably higher earning potential and actively leveraging career services to maximize job prospects. Seek substantial financial aid to improve the value equation.

Return on Investment

While Roosevelt University offers a relatively affordable tuition, the negative ROI score suggests that the cost of attendance may not fully justify the earnings potential after graduation.

Debt Reality Check

Median student debt at Roosevelt University: $22,000. Monthly payment on a standard 10-year plan: $250/month. Total repaid: $30,000 ($8,000 in interest).

Breakeven vs high school diploma: 1.2 years. Debt burden: Manageable. Salary needed for comfortable repayment: $30,000.

Strengths

  • Strong focus on career readiness and practical skills.
  • Moderate tuition rates and diverse student body.

Weaknesses

  • Below-average graduation rate.
  • Negative ROI score, indicating potential financial risks.

Academic Profile

Roosevelt University's academic profile is shaped by its commitment to social justice and its urban setting, offering a unique blend of rigorous academics and real-world application. The university boasts a strong emphasis on experiential learning, encouraging students to engage with Chicago as a living laboratory. Notable departments include the College of Pharmacy, known for its innovative programs and strong clinical ties, and the Heller College of Business, which leverages its downtown location for unparalleled internship and networking opportunities with major corporations. The College of Education is also a significant strength, reflecting RU's historical roots and ongoing dedication to preparing educators. With a student-faculty ratio that is generally favorable, students can expect personalized attention, though specific faculty salary data is not publicly available. Research opportunities are integrated across disciplines, with many programs encouraging undergraduate involvement in faculty-led projects, particularly in fields like public health, social work, and urban studies. The university offers a robust Honors Program for high-achieving students, providing enriched coursework and research opportunities. Study abroad programs are available, though the urban immersion often takes precedence for many students. Academic support is comprehensive, with resources like the Academic Success Center offering tutoring, writing support, and academic advising to help students navigate their coursework and career paths.

Financial Aid Guide for Roosevelt University

Navigating financial aid at Roosevelt University requires understanding its commitment to affordability, especially for its diverse student body. Given the relatively low tuition for a private institution in a major city, many students rely on a combination of aid. Merit-based scholarships are available and are often awarded automatically upon admission based on academic achievement, though specific dollar amounts can vary widely. Need-based aid, including grants and institutional aid, forms a significant portion of the financial support for many RU students. Roosevelt participates in federal aid programs, making Pell Grants and federal student loans accessible to eligible students. Work-study opportunities are also offered, providing students with part-time employment on or near campus to help cover living expenses. For students from lower-income backgrounds, it's not uncommon to receive aid packages that cover a substantial portion of tuition and fees, potentially reaching $10,000-$15,000 or more in grants and scholarships annually, depending on individual circumstances and academic merit. While Roosevelt aims to be accessible, it's crucial for prospective students to complete the FAFSA early. Scholarship tips include looking for specific departmental scholarships and external scholarships that align with your major or background. Negotiating aid is generally less common at Roosevelt compared to highly selective institutions, as their aid philosophy is often tied to published costs and demonstrated need, but it's always worth a conversation with the financial aid office if your circumstances have changed significantly.

Hidden Costs at Roosevelt University

  • On-campus housing can range from $8,000 to $12,000 per academic year, depending on the building and room type.
  • Meal plans, if not included in housing, can add an estimated $3,000 to $5,000 annually.
  • Textbooks and course materials can easily cost $1,000 to $1,500 per year.
  • Student fees, including technology and activity fees, typically add $500 to $1,000 per semester.
  • Transportation within Chicago, using public transit (CTA), can cost around $100-$150 per month for students.
  • Personal expenses, such as toiletries, entertainment, and incidental costs, can add another $2,000 to $4,000 per year.
  • Health insurance, if not covered by a parent's plan, can be an additional $2,000 to $3,000 annually.

Alumni Outcomes & Career Paths

Roosevelt University, situated in the heart of Chicago, offers graduates access to a dynamic job market, though specific employer recruitment and alumni clustering data are not readily available in public datasets. However, given its Chicago location, it's reasonable to infer that graduates are well-positioned for roles in sectors prevalent in the metropolitan area. These likely include finance, healthcare, education, and the burgeoning tech scene. Major employers in Chicago such as JPMorgan Chase, Allstate, Northwestern Memorial HealthCare, and Chicago Public Schools are significant hiring entities in the region and could be potential destinations for Roosevelt alumni. The university's emphasis on social justice and its diverse student body may also lead alumni to cluster in non-profit organizations and community-focused roles. Graduate school placement rates are not explicitly published, but a strong liberal arts foundation often prepares students for further academic pursuits. While specific notable alumni are not highlighted in general university profiles, the career services department is a crucial resource for students seeking internships and post-graduation employment. They likely facilitate connections with local businesses and alumni networks, providing an internship pipeline into Chicago's diverse industries. Geographic hiring patterns for Roosevelt graduates are expected to be concentrated within the Chicagoland area due to the university's strong regional ties and the abundance of opportunities in this major metropolitan hub. Some graduates may also find opportunities in nearby Midwestern cities.

Campus Life & Culture at Roosevelt University

Roosevelt University attracts a diverse student body, with a significant percentage of students identifying as first-generation and coming from various racial and ethnic backgrounds, reflecting its commitment to accessibility and social mobility. The student population is largely drawn from the Chicagoland area, but also includes students from across the country and internationally, creating a dynamic urban learning community. Students who thrive at Roosevelt are typically self-motivated, socially conscious, and eager to leverage the opportunities of a major metropolitan city for their academic and professional growth.

Roosevelt University, situated in the heart of Chicago's vibrant Loop, offers a distinctly urban campus experience. Forget sprawling quads; RU students are immersed in the city, with academic buildings and student housing integrated into the bustling downtown landscape. This means the social scene is less about traditional campus parties and more about exploring Chicago's endless entertainment options, from world-class museums and theaters to diverse culinary hotspots and live music venues. The university fosters a strong sense of community through its numerous student organizations, covering everything from academic clubs and cultural groups to advocacy and service initiatives. Popular spots for students to gather include the Wabash Cafeteria, the university's main dining hall, and various common areas within the academic buildings. While Greek life is present, it's not the dominant force it might be at a more traditional residential campus. Athletics are primarily at the club and intramural level, offering opportunities for recreation and friendly competition rather than NCAA Division I spectacles. The 'vibe' at Roosevelt is one of ambition, diversity, and a deep connection to the urban environment. Students are often self-starters, drawn to the university's social justice mission and its prime location for internships and career opportunities. Housing is primarily in university-owned buildings like the Auditorium Building and the Wabash Tower, offering apartment-style living with stunning city views, though off-campus living in nearby Chicago neighborhoods is also common.

Campus Highlights

  • Prime location in Chicago's historic Loop, offering unparalleled access to internships, culture, and city life.
  • Strong commitment to social justice and equity woven into the academic and campus culture.
  • The iconic Auditorium Building, a National Historic Landmark, housing classrooms, performance spaces, and student housing.
  • Diverse student body representing a wide range of backgrounds, fostering a rich learning environment.
  • Emphasis on experiential learning, encouraging students to engage with Chicago as a 'living classroom'.
  • Affordable private education with a focus on accessibility and student support.
  • Numerous student organizations and clubs catering to diverse interests and fostering community.

Location & Regional Advantages

Roosevelt University's Chicago location is its most significant asset, placing students directly within a major global city offering unparalleled career and cultural opportunities. The local job market is robust and diverse, encompassing finance, healthcare, technology, education, arts, and hospitality. Proximity to industry hubs like the Loop's financial district, the Illinois Medical District, and the growing tech corridors provides direct access to internships and entry-level positions. The cost of living in Chicago, while higher than in many smaller cities, is generally more affordable than coastal metropolises like New York or San Francisco, offering a better balance for recent graduates managing student debt. Quality of life in Chicago is high, with world-class museums, theaters, restaurants, and parks, fostering a vibrant social scene. While weather can be a deterrent for some, the city's resilience and extensive public transportation system mitigate its impact. Safety is a concern in any large urban environment, but Chicago offers a range of neighborhoods with varying safety profiles. This urban setting significantly enhances career opportunities post-graduation by providing a vast network of potential employers, industry events, and professional development resources that are less accessible in more isolated locations.

How to Get Into Roosevelt University

Roosevelt University's high admission rate (97.2%) indicates a welcoming approach to applicants, suggesting that the admissions committee values a student's potential and desire to succeed within its unique urban, social justice-focused environment. While there are no Early Decision or Early Action options that offer a significant advantage, applying by the priority deadlines (often in late winter/early spring) is recommended to ensure full consideration for scholarships and aid. The university likely looks for students who demonstrate a commitment to community, social responsibility, and academic curiosity. A strong essay that highlights personal growth, resilience, or a passion for making a difference will be more impactful than a generic narrative. Given the broad acceptance rate, GPA and test score ranges are less critical than a holistic review of the application. Focus on showcasing your experiences, extracurricular involvement, and how you align with Roosevelt's mission. Demonstrated interest can be shown through attending virtual or in-person information sessions, engaging with admissions counselors, and visiting campus if possible. The timeline should involve preparing your application materials well in advance, aiming to submit by the priority deadline to maximize your opportunities.

How Roosevelt University Compares to Similar Schools

Similar schools: DePaul University, Loyola University Chicago, Northwestern University (for specific programs), University of Illinois Chicago

Advantages

  • More affordable tuition compared to some private peers like Northwestern.
  • Strong emphasis on social justice and diverse student body, attracting a specific type of student.
  • Central Chicago Loop location offers unique internship and networking opportunities.

Disadvantages

  • Lower graduation rate compared to more selective institutions.
  • Median alumni earnings are lower than many comparable Chicago universities.
  • Less robust national brand recognition compared to larger, more established universities.

Best For

  • Prospective students who prioritize a high graduation rate and low debt burden may want to consider other options.
  • Students interested in a diverse campus environment with a strong Hispanic presence may find Roosevelt University appealing.

Avoid If

  • Students looking for a high ROI and low tuition costs may want to explore other institutions.
  • Those seeking a more traditional academic experience with a focus on research may not find Roosevelt University to be the best fit.

Frequently Asked Questions about Roosevelt University

How much does it cost to attend Roosevelt University?

In-state tuition at Roosevelt University is $21,315 per year, and out-of-state tuition is $21,315 per year. The median student debt at graduation is $22,000.

What is the acceptance rate at Roosevelt University?

Roosevelt University has an acceptance rate of 97.2%.

What is the graduation rate at Roosevelt University?

Roosevelt University has a graduation rate of 38.2%.

How much do Roosevelt University graduates earn?

The median earnings for Roosevelt University graduates 10 years after enrollment is $48,712. With median debt of $22,000, graduates earn roughly 2.2x their debt level annually.

How big is Roosevelt University?

Roosevelt University has approximately 2,849 students and is classified as a medium institution. It is located in Chicago, IL and is a Private Nonprofit institution.

Is Roosevelt University worth the cost?

Roosevelt University has an ROI score of -43 out of 100. With in-state tuition of $21,315 per year and median post-graduation earnings of $48,712, the data suggests the return on investment may be below average.

Where is Roosevelt University located?

Roosevelt University is located in Chicago, IL. It is a Private Nonprofit institution with approximately 2,849 students.

How much student debt do Roosevelt University graduates have?

The median student debt for Roosevelt University graduates is $22,000. With median earnings of $48,712 ten years after enrollment, graduates can expect a debt-to-income ratio of 45%.

Is Roosevelt University a good college?

Roosevelt University has a graduation rate of 38.2% and median post-graduation earnings of $48,712. High admission rate with a diverse student body, including a significant Hispanic population.

How does Roosevelt University compare to similar colleges?

Moderate tuition rates, but graduates face a median debt of $22,000. Compared to peer institutions, Roosevelt University offers a more affordable tuition but graduates face a moderate debt burden and a below-average graduation rate.

What career prospects do Roosevelt University graduates have?

Graduates from Roosevelt University are well-positioned for careers in business, healthcare, and education, given the university's strong focus on practical skills and industry partnerships.

What should prospective students know about Roosevelt University?

Roosevelt University holds a moderate market position, offering a balance between affordability and career readiness but facing challenges with graduation rates and ROI.

What makes Roosevelt University stand out?

Graduates earn a median salary of $48,712 after 10 years, but the graduation rate is only 38.2%.

What are the pros and cons of attending Roosevelt University?

The university's ROI score is negative, suggesting the cost of attendance may not be fully justified by earnings potential.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.