Is McPherson College worth it?

McPherson, KS · private-nonprofit

Verdict

Typical students pay $26,441 a year after aid, graduate with $25,242 in federal debt, and earn $41,446 six years after enrolling — an estimated monthly loan payment of $270, with a debt break-even of about 6.1 years.

Net price / year

$26,441

Admission rate

77%

Graduation rate

—

Median debt

$25,242

Earnings (6 yr)

$41,446

Earnings (10 yr)

$52,084

Est. monthly loan payment

$270

Loan-to-income ratio

61%

Debt break-even

6.1 years

How McPherson College compares

MetricMcPherson CollegeKansasNational
Net price$26,441$15,988$16,642
Median debt$25,242$13,825$12,377
Earnings (6 yr)$41,446$35,912$33,037
Graduation rate———

FAQ

How much does it cost to attend McPherson College?

The federal average net price after grants and scholarships is $26,441 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do McPherson College graduates typically carry?

Students who complete a program at McPherson College leave with a median federal debt of $25,242, based on the U.S. Department of Education's College Scorecard.

What do McPherson College graduates earn?

Six years after enrolling, former students report median earnings of $41,446, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at McPherson College?

Graduation rate data is not currently published for this school.

Is McPherson College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 6.1 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.