2026 data College Scorecard official source

Affordable Alternatives to Indiana University-Bloomington

Open-data reference.

We found 15 schools structurally similar to Indiana University-Bloomington that cost less. 15 offer comparable or better earnings outcomes.

Your School

Indiana University-Bloomington

Bloomington, Indiana · Public

$16,264
Net Price
$63,742
Median Earnings (10yr)
78.2%
Acceptance Rate
80.7%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Indiana University-Bloomington

Indiana University-Bloomington posts an average net price of $16,264 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 Indiana University-Bloomington across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 15 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $9,723, achieved by University of Florida at $6,541. Of greater interest to ROI-focused applicants: 15 of the 15 alternatives also report median 10-year earnings at or above Indiana University-Bloomington’s $63,742, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $74,928.

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

15
Alternatives Found
$9,723
Max Savings
15
Better Value Options
75%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings Top 5 1. University of California-Riv $68k 2. University of Illinois Chica $69k 3. University of Utah $67k 4. University of Georgia $69k 5. Purdue University-Main Campu $72k Compared to Indiana University-Bloomington: $64k.

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
University of California-Riverside
Riverside, CA · Public Better Value
$14,304 -$1,960 $67,699 76.3% 75%
University of Illinois Chicago
Chicago, IL · Public Better Value
$10,974 -$5,290 $68,740 61.0% 69%
University of Utah
Salt Lake City, UT · Public Better Value
$16,200 -$64 $67,170 64.5% 68%
University of Georgia
Athens, GA · Public Better Value
$13,936 -$2,328 $68,726 88.9% 65%
Purdue University-Main Campus
West Lafayette, IN · Public Better Value
$14,600 -$1,664 $72,424 83.1% 64%
University of Florida
Gainesville, FL · Public Better Value
$6,541 -$9,723 $71,588 91.3% 61%
Washington State University
Pullman, WA · Public Better Value
$14,971 -$1,293 $68,905 61.0% 60%
University of Illinois Urbana-Champaign
Champaign, IL · Public Better Value
$14,355 -$1,909 $81,054 85.0% 59%
University of California-San Diego
La Jolla, CA · Public Better Value
$12,470 -$3,794 $84,943 86.8% 57%
University of Washington-Seattle Campus
Seattle, WA · Public Better Value
$14,091 -$2,173 $78,466 84.5% 57%
University of California-Davis
Davis, CA · Public Better Value
$14,741 -$1,523 $80,838 85.4% 56%
University of California-Irvine
Irvine, CA · Public Better Value
$14,251 -$2,013 $80,735 86.4% 53%
University of New Hampshire at Manchester
Manchester, NH · Public Better Value
$9,992 -$6,272 $66,479 56.1% 53%
University of Michigan-Ann Arbor
Ann Arbor, MI · Public Better Value
$13,138 -$3,126 $83,648 93.2% 52%
University of California-Los Angeles
Los Angeles, CA · Public Better Value
$12,548 -$3,716 $82,511 92.6% 52%

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 Indiana University-Bloomington 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 Indiana University-Bloomington?
We found 15 schools similar to Indiana University-Bloomington that cost less. The closest match is University of California-Riverside with 75% similarity and a net price of $14,304.
What is the ROI of attending Indiana University-Bloomington?
Indiana University-Bloomington has an average net price of $16,264. Graduates earn a median of $63,742 ten years after enrollment. The earnings-to-cost ratio is 3.9x.
Are there schools with better outcomes than Indiana University-Bloomington for less money?
Yes — 15 of 15 alternatives offer comparable or higher median earnings at a lower net price. University of California-Riverside costs $14,304 (saving $1,960) with median earnings of $67,699.
What is the cheapest alternative to Indiana University-Bloomington?
The most affordable similar school is University of Florida at $6,541, saving $9,723 compared to Indiana University-Bloomington. It has a 61% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $74,928 compared to Indiana University-Bloomington's $63,742. 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.