Is United States Merchant Marine Academy worth it?

Kings Point, NY · public

Verdict

Typical students pay $6,174 a year after aid, graduate with $8,833 in federal debt, and earn $96,770 six years after enrolling — an estimated monthly loan payment of $95, with a debt break-even of about 0.9 years.

Net price / year

$6,174

Admission rate

34%

Graduation rate

—

Median debt

$8,833

Earnings (6 yr)

$96,770

Earnings (10 yr)

$90,610

Est. monthly loan payment

$95

Loan-to-income ratio

9%

Debt break-even

0.9 years

How United States Merchant Marine Academy compares

MetricUnited States Merchant Marine AcademyNew YorkNational
Net price$6,174$17,746$16,642
Median debt$8,833$11,229$12,377
Earnings (6 yr)$96,770$34,166$33,037
Graduation rate———

FAQ

How much does it cost to attend United States Merchant Marine Academy?

The federal average net price after grants and scholarships is $6,174 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do United States Merchant Marine Academy graduates typically carry?

Students who complete a program at United States Merchant Marine Academy leave with a median federal debt of $8,833, based on the U.S. Department of Education's College Scorecard.

What do United States Merchant Marine Academy graduates earn?

Six years after enrolling, former students report median earnings of $96,770, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at United States Merchant Marine Academy?

Graduation rate data is not currently published for this school.

Is United States Merchant Marine Academy worth the debt?

Based on median debt and 6-year earnings, it would take roughly 0.9 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.