Is Merrimack College worth it?

North Andover, MA · private-nonprofit

Verdict

Typical students pay $37,927 a year after aid, graduate with $27,000 in federal debt, and earn $54,316 six years after enrolling — an estimated monthly loan payment of $289, with a debt break-even of about 5.0 years.

Net price / year

$37,927

Admission rate

70%

Graduation rate

—

Median debt

$27,000

Earnings (6 yr)

$54,316

Earnings (10 yr)

$75,584

Est. monthly loan payment

$289

Loan-to-income ratio

50%

Debt break-even

5.0 years

How Merrimack College compares

MetricMerrimack CollegeMassachusettsNational
Net price$37,927$21,991$16,642
Median debt$27,000$16,222$12,377
Earnings (6 yr)$54,316$39,799$33,037
Graduation rate———

FAQ

How much does it cost to attend Merrimack College?

The federal average net price after grants and scholarships is $37,927 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Merrimack College graduates typically carry?

Students who complete a program at Merrimack College leave with a median federal debt of $27,000, based on the U.S. Department of Education's College Scorecard.

What do Merrimack College graduates earn?

Six years after enrolling, former students report median earnings of $54,316, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Merrimack College?

Graduation rate data is not currently published for this school.

Is Merrimack College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 5.0 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.