DegreeCalc

College Cost Planning in Marion, IN 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Marion, Indiana. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Marion as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$10,200

per year

Avg Private Tuition

$34,000

per year

Avg Rent Near Campus

$567

per month

Local Cost Market

2

benchmark points

Marion Overview

Population

27,730

Student Population

2,977 (10.7%)

Cost of Living Index

88.3 (avg: 100)

Walk Score

36/100

Transit Score

12/100

Unemployment Rate

3.2%

College Cost Calculator for Marion

Cost Inputs

Total Cost (4 Years, Public In-State)

$96,080

Total After Financial Aid

$96,080

Annual Cost

$24,020

Annual After Aid

$24,020

Cost Breakdown (4 Years)

Tuition$40,800
Room & Board$55,280

If Financed (10-Year Loan at 6.5%)

Loan Amount$96,080
Monthly Payment$1,091
Total Interest$34,836
Total Loan Cost$130,916

Education Cost Benchmarks in Marion

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

2

Public tuition

$10,200

Private tuition

$34,000

Community college

$4,880

Cost of Living in Marion vs. National Average

CategoryMarionNational AvgDifference
Public Tuition (In-State)$10,200$10,940-$740
Monthly Rent Near Campus$567$1,050-$483
Cost of Living Index88.3100-11.700000000000003

Marion's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Marion

36

Walk Score

Car-Dependent

12

Transit Score

Minimal Transit

10.7%

Student Population

2,977 students

Marion has a total population of 27,730, with approximately 2,977 college students (10.7% of the population). Marion has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Marion

$36,293

Starting Salary

3.2%

Unemployment Rate

60%

Graduation Rate

~74.3 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Marion earn a median starting salary of $36,293, which is $1,293 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 74.3 years to cover the investment. With average financial aid of $8,384 per student per year, the net cost can change materially by school and program.

Other Cities in Indiana

Methodology & Education Data Sources for Marion

How we compile Marion college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Marion institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Marion's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Marion, IN?

Average annual in-state public university tuition in Marion is $10,200. Private university tuition averages $34,000, and community college tuition averages $4,880. When room and board ($13,820/year) is included, the total annual cost at a public university is approximately $24,020.

How many local cost benchmarks are used for Marion, IN?

Marion uses approximately 2 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 2,977, which represents 10.7% of the total population.

What is the average rent near campus in Marion?

The average rent near college campuses in Marion is approximately $567 per month. The city has a cost of living index of 88.3 (national average is 100), a walk score of 36, and a public transit score of 12. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Marion?

College graduates in Marion earn a median starting salary of $36,293. The local unemployment rate is 3.2%. With an average financial aid package of $8,384 per student and a 60% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Marion, IN?

With a median starting salary of $36,293 and an average 4-year public university cost of $96,080 (including room and board), the modeled salary premium can recoup the net investment in about 74.3 years. The 60% graduation rate underscores the importance of choosing the right program and staying on track academically.

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