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Yale University vs University of Chicago

Yale University is extremely selective with a 4.5% acceptance rate, making it harder to get into than University of Chicago (4.8%). Graduates of Yale University earn $8,648 more per year at the 10-year mark ($100,533 vs $91,885). For families earning $48k–$75k, University of Chicago is more affordable at $770 net price vs $20,900. Students at Yale University graduate with less debt ($12,975 vs $15,000).

Admissions & Outcomes

University of Chicago has a higher yield rate (87.9%), meaning a larger share of admitted students choose to enroll — a strong signal of student preference. Both schools have similar median SAT scores around 1540, so standardized test scores alone won't differentiate applicants.

Yale University Yale University

New Haven, CT

University of Chicago University of Chicago

Chicago, IL

Acceptance Rate
4.5%
4.8%
Applicants (2023)
51,803
38,631
Median SAT
1540
1550
Yield Rate
70.4%
87.9%
6-Year Graduation Rate
96.3%
94.9%
Median Earnings (10yr)
$100,533
$91,885
Median Earnings (6yr)
$81,765
$80,870
Median Debt
$12,975
$15,000
Tuition (Out-of-State)
$57,700
$57,642
Room & Board
$17,200
$17,004

Net Price by Family Income

Net price is what you actually pay after grants and scholarships — often far less than the sticker price. It varies dramatically by family income. For low-income families ($0–$30k), University of Chicago is more affordable at $-1,428 per year. At higher incomes ($110k+), the gap narrows — $49,347 vs $54,800.

Family Income
Yale University
University of Chicago
$0 – $30k
$28,132
$-1,428
$30k – $48k
$19,744
$-294
$48k – $75k
$20,900
$770
$75k – $110k
$17,004
$12,816
$110k+
$49,347
$54,800

Net price data from College Scorecard. Run each school's net price calculator for a personalized estimate based on your family's finances.

Financial Aid

Institutional grants come directly from the school's endowment and don't need to be repaid. A high institutional grant rate means the school is investing its own funds in affordability. Yale University enrolls more Pell Grant recipients (19%), indicating stronger support for students from lower-income backgrounds.

Metric
Yale University
University of Chicago
Students Receiving Grants
55%
51%
Average Grant Amount
$60,846
$48,772
Pell Grant Recipients
19%
14%
Institutional Grant Rate
54%
45%
Avg Institutional Grant
$56,357
$55,101

Highest-Earning Majors

Median earnings within two years of graduation. Your choice of major often has a bigger impact on lifetime earnings than the school name on your diploma.

Yale University

  • 1 Computer and Information Sciences, General
    $122,038
  • 2 Economics
    $86,621
  • 3 Natural Resources Conservation and Research
    $60,161
  • 4 International Relations and National Security Studies
    $52,107
  • 5 Political Science and Government
    $48,823

University of Chicago

  • 1 Computer Science
    $91,211
  • 2 Economics
    $85,637
  • 3 Mathematics
    $72,022
  • 4 Statistics
    $68,499
  • 5 Public Policy Analysis
    $52,663

Most Popular Majors

The most popular majors by number of degrees awarded. This gives you a sense of each school's academic strengths and where students concentrate.

Yale University

  • 1 Economics
  • 2 Computer and Information Sciences, General
  • 3 Political Science and Government
  • 4 History
  • 5 Cell/Cellular Biology and Anatomical Sciences

University of Chicago

  • 1 Economics
  • 2 Mathematics
  • 3 Computer Science
  • 4 Biology, General
  • 5 Political Science and Government

Campus & Student Body

Enrollment size, diversity, and retention paint a picture of campus culture. A high retention rate means students are satisfied enough to return after freshman year.

Metric
Yale University
University of Chicago
Total Enrollment
15,081
18,339
Retention Rate
N/A
N/A
Women
53%
46%
International Students
24%
31%
Asian
17%
16%
Hispanic/Latino
12%
11%
Black
7%
5%
White
33%
30%

For International Students

Key cost and campus considerations for students coming from outside the US.

Yale University

  • International students24%
  • Tuition (international)$57,700
  • Est. total cost/year$74,900
  • School typePublic

University of Chicago

  • International students31%
  • Tuition (international)$57,642
  • Est. total cost/year$77,556
  • School typePublic

What international students should know

  • International students pay out-of-state tuition at public universities. Private universities charge the same tuition for all students.
  • Most federal financial aid (FAFSA, Pell Grants) is not available to international students. Look for institutional aid and merit scholarships.
  • F-1 visa holders can work on-campus during the school year and use CPT/OPT for internships and post-graduation employment.
  • Schools with a higher international student percentage typically have stronger support services — dedicated international offices, visa advising, and cultural programs.
  • With 31% international enrollment, University of Chicago likely has a well-established international student community.

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Frequently Asked Questions

Is it harder to get into Yale University or University of Chicago?

Yale University is more selective with a 4.5% acceptance rate, compared to 4.8%. Both are competitive schools that receive tens of thousands of applications each year.

Which school has higher earnings: Yale University or University of Chicago?

Yale University graduates earn more at the 10-year mark, with median earnings of $100,533 compared to $91,885. Earnings vary significantly by major — STEM fields typically produce the highest returns at both schools.

Which is cheaper: Yale University or University of Chicago?

For middle-income families ($48k–$75k), University of Chicago has a lower net price at $770 per year vs $20,900. Net price varies by family income — use each school's net price calculator for a personalized estimate.

What is the graduation rate at Yale University vs University of Chicago?

Yale University has a higher 6-year graduation rate at 96.3%, compared to 94.9%. A high graduation rate signals strong academic support, student engagement, and a campus culture where students thrive.

Which school has more international students: Yale University or University of Chicago?

University of Chicago has a larger international student population at 31% of enrollment. A higher international student percentage often means stronger support services for visa holders, including dedicated international student offices, OPT/CPT guidance, and cultural programming.

What are the highest-paying majors at Yale University and University of Chicago?

At Yale University, Computer and Information Sciences, General graduates earn a median of $122,038 within two years. At University of Chicago, the top-earning major is Computer Science at $91,211. Your choice of major often has a bigger impact on earnings than which school you attend.

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