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Roosevelt University

Chicago, IL·Private nonprofit·2,849 students
Last updated: March 22, 2026

A good fit for students who want accessible admissions and students who prefer a mid-size campus. graduation rate is below 40%; freshman retention is below 65%. 51% of students receive Pell Grants — strong access mission.

97%
Accept
2,849
Students
$20,194
Net Price
35%
Grad Rate
$47,700
Earnings
10 yr
$22,000
Debt

About This School

Roosevelt University is a private nonprofit institution located in Chicago, Illinois with approximately 2,849 undergraduate students enrolled. Roosevelt University has an open or accessible admissions process, with an acceptance rate of 97%. The average net price after financial aid is $20,194 per year. The graduation rate is 35%, and the typical graduate earns $47,700 within 10 years of enrollment.

Roosevelt University is a private university in Chicago, Illinois, United States. Founded in 1945, it was named in honor of United States president Franklin Delano Roosevelt and first lady Eleanor Roosevelt. The university consists of four colleges: the Chicago College of Performing Arts; the College of Humanities, Education & Social Sciences; the College of Science, Health and Pharmacy; and the Walter E. Heller College of Business.

The numbers here tell a mixed story — the Chicago location and affordable net price of around $20,000/year are genuine draws, and the performing arts and business programs benefit from real access to a major city. But the 41% graduation rate and 62% freshman retention rate are hard to overlook, suggesting many students either struggle to finish or transfer out before getting there. Worth considering if you have a clear program fit and a plan to stay engaged, but go in with eyes open.

Founded
1945
Setting
Large city
Avg Faculty Salary
$8,563

Popular Programs

Business & Marketing23%
Health Professions16%
Visual & Performing Arts13%
Education11%
Psychology10%
Biological Sciences7%
Computer Science5%
Social Sciences4%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Amy MadiganAnthony BraxtonHerschell Gordon LewisBobby RushCarla HaydenRick YanceyEddie HarrisMerle DandridgeLouis ZorichRobert LammHarold WashingtonMike Quigley

Source: Wikidata. Used for context only.

Admissions

Test Policy: Considered but not required

SAT Scores

Average Composite1011
Reading 75th %ile600
Math 75th %ile575

ACT Scores

Midpoint Composite24

Cost & Financial Aid

In-State Tuition
$21,315
Out-of-State Tuition
$21,315
Avg Net Price
$20,194
after aid

Net Price by Family Income

Under $30k$18,018
$30–48k$18,280
$48–75k$20,266
$75–110k$24,944
$110k+$27,157

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants51%
Median debt at graduation$22,000

Full Cost

After Graduation

Graduation Rate
35%
within 6 years
Retention Rate
62%
freshmen returning
Earnings (10 yr)
$47,700
after enrollment
Median Debt
$22,000
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$42,600
Female graduates$38,200

Gap: 10% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$22,000
at graduation
Earnings (6 yr)
$39,700
after enrollment
Earnings (10 yr)
$47,700
after enrollment
Earnings-to-Debt Ratio: 2.2x

Solid return. Earnings outpace debt, though major choice matters.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White27%
Black22%
Hispanic/Latino35%
Asian4%
Two or more races3%
International6%

Source: U.S. Department of Education College Scorecard (2,849 undergraduates).

Contact & Location

Address

Roosevelt University

430 S Michigan Ave

Chicago, IL 60605-1394

View on Google Maps →

Other Schools in Illinois

Browse all Illinois schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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