Is Rhodes College worth it?

Memphis, TN · private-nonprofit

Verdict

Typical students pay $28,585 a year after aid, graduate with $21,761 in federal debt, and earn $48,898 six years after enrolling — an estimated monthly loan payment of $233, with a debt break-even of about 4.5 years.

Net price / year

$28,585

Admission rate

50%

Graduation rate

—

Median debt

$21,761

Earnings (6 yr)

$48,898

Earnings (10 yr)

$66,651

Est. monthly loan payment

$233

Loan-to-income ratio

45%

Debt break-even

4.5 years

How Rhodes College compares

MetricRhodes CollegeTennesseeNational
Net price$28,585$15,268$16,642
Median debt$21,761$10,798$12,377
Earnings (6 yr)$48,898$31,904$33,037
Graduation rate———

FAQ

How much does it cost to attend Rhodes College?

The federal average net price after grants and scholarships is $28,585 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Rhodes College graduates typically carry?

Students who complete a program at Rhodes College leave with a median federal debt of $21,761, based on the U.S. Department of Education's College Scorecard.

What do Rhodes College graduates earn?

Six years after enrolling, former students report median earnings of $48,898, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Rhodes College?

Graduation rate data is not currently published for this school.

Is Rhodes College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 4.5 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.