2026 data College Scorecard official source

Affordable Alternatives to Columbia College Chicago

Open-data reference.

We found 2 schools structurally similar to Columbia College Chicago that cost less. 2 offer comparable or better earnings outcomes.

Your School

Columbia College Chicago

Chicago, Illinois · Private Nonprofit

$26,598
Net Price
$42,195
Median Earnings (10yr)
89.5%
Acceptance Rate
49.9%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Columbia College Chicago

Columbia College Chicago posts an average net price of $26,598 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Columbia College Chicago across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 2 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $4,145, achieved by Milwaukee School of Engineering at $22,453. Of greater interest to ROI-focused applicants: 2 of the 2 alternatives also report median 10-year earnings at or above Columbia College Chicago’s $42,195, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $90,804.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

2
Alternatives Found
$4,145
Max Savings
2
Better Value Options
44%
Best Match

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
Northeastern University Oakland
Oakland, CA · Private Nonprofit Better Value
$25,181 -$1,417 $92,538 N/A 44%
Milwaukee School of Engineering
Milwaukee, WI · Private Nonprofit Better Value
$22,453 -$4,145 $89,070 69.2% 40%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Columbia College Chicago are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Columbia College Chicago?
We found 2 schools similar to Columbia College Chicago that cost less. The closest match is Northeastern University Oakland with 44% similarity and a net price of $25,181.
What is the ROI of attending Columbia College Chicago?
Columbia College Chicago has an average net price of $26,598. Graduates earn a median of $42,195 ten years after enrollment. The earnings-to-cost ratio is 1.6x.
Are there schools with better outcomes than Columbia College Chicago for less money?
Yes — 2 of 2 alternatives offer comparable or higher median earnings at a lower net price. Northeastern University Oakland costs $25,181 (saving $1,417) with median earnings of $92,538.
What is the cheapest alternative to Columbia College Chicago?
The most affordable similar school is Milwaukee School of Engineering at $22,453, saving $4,145 compared to Columbia College Chicago. It has a 40% similarity score.
How do alternative schools' earnings compare?
The 2 alternatives have an average median earnings of $90,804 compared to Columbia College Chicago's $42,195. On average, alternatives match or exceed this school's earnings. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.