Students at Hannibal-Lagrange University gain access to private, faith-based education at prices typically associated with public institutions, making it an affordable pathway to a small-college experience.
The university's zero default rate and reasonable debt levels provide financial security, even with modest post-graduation earnings.
Hannibal-Lagrange University is a small private nonprofit institution in Missouri that serves students seeking an intimate, faith-based educational experience. While the university faces challenges in delivering strong long-term earnings outcomes—with graduates earning a median of $42,643 ten years after enrollment, placing it in the lower tier nationally—it does provide meaningful access to private higher education at relatively affordable prices.
The university serves a substantial population of first-generation students, with about 46% coming from families where parents did not attend college, and nearly 30% receiving Pell Grants. However, completion rates present ongoing challenges, with only 44% of students graduating within six years. The institution falls into the "Under-Resourced Institutions" mobility category, reflecting both its commitment to access and the financial constraints that limit its ability to deliver stronger outcomes.
For families seeking a small, private Christian university experience without the typical high costs associated with private education, Hannibal-Lagrange offers a distinctive value proposition. Net prices for low-income families average just $9,571 annually, making private education accessible to students who might otherwise be priced out of the independent sector.
Hannibal-Lagrange University's program portfolio reflects its mission as a small, faith-based institution focused on education and human services. The largest identifiable program, Adult and Continuing Education, graduates about 33 students annually with early-career earnings around $26,933, typical for education-focused fields that prioritize service over high salaries.
The university's small scale means most programs graduate fewer than 50 students per year, limiting the development of specialized career networks and employer relationships that larger institutions leverage for student placement. This constraint affects the university's ability to connect students with high-paying opportunities and explains much of the earnings gap compared with larger institutions.
While specific program data is limited, the university's focus on education, human services, and faith-based careers aligns with its mission but naturally leads to more modest financial outcomes. Students choosing Hannibal-Lagrange should understand that they are prioritizing values-based education and personal attention over maximum earning potential, with career paths typically emphasizing service and community impact rather than high salaries.
Graduates of Hannibal-Lagrange University face modest long-term earnings prospects, with a median income of $42,643 ten years after enrollment. This places the institution well below national averages for both private and public universities, reflecting the challenges many small private institutions face in connecting students to high-paying career paths. The university's graduates earn approximately $5,078 less than similar students at other institutions, indicating that outcomes fall short of expectations based on student characteristics and institutional type.
The university's program portfolio is limited, with Adult and Continuing Education representing the largest identifiable program area, graduating 33 students with median earnings of $26,933 early in their careers. This reflects the institution's focus on education and human services fields, which typically offer meaningful work but more modest financial returns. The small scale of individual programs—most graduating fewer than 50 students annually—limits the university's ability to develop deep employer relationships or specialized career placement networks.
While earnings outcomes are below average, graduates do show reasonable loan repayment patterns, with about 75% successfully repaying their federal loans. This suggests that while incomes are modest, they are generally sufficient to service the debt levels students typically incur. However, families should carefully consider whether the long-term financial trade-offs align with their career and lifestyle goals.
Hannibal-Lagrange University offers surprisingly affordable access to private higher education, particularly for low-income families. Students from low-income backgrounds pay an average net price of just $9,571 annually, well below what most private institutions charge and competitive with many public universities. Middle-income families see net prices around $19,304, while higher-income families pay approximately $23,435—still reasonable for private education.
The university's affordability stems from substantial institutional aid that helps offset its sticker price. This pricing structure makes private, faith-based education accessible to students who might otherwise be limited to public options. Federal student loan debt levels are moderate, with typical graduates borrowing about $18,599, and Parent PLUS borrowing averages $15,000 for families who choose this option.
What makes the debt manageable despite modest post-graduation earnings is the relatively low borrowing levels compared to other private institutions. The university's 0% federal loan default rate indicates that graduates, while earning modestly, are generally able to meet their repayment obligations. However, families should carefully consider the long-term financial implications, as lower earnings may limit flexibility for major purchases, graduate school, or other financial goals.
Hannibal-Lagrange University Hub Overview
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