Skip to main content
24.6%Acceptance
$49,326Tuition
1,472Students
62%Grad Rate (6-yr)
$43,150Earnings
#21 in KentuckyPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24
Return on Investment: Strong

At $4,483/yr net price, Berea College graduates earn $43,150/yr within 10 years of enrollment, which is $9,150/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Berea College
Metric Value
Average Net Price (per year) $4,483
Estimated 4-Year Cost $17,932
Median Earnings (10yr post-entry) $43,150/yr
Earnings Premium vs. HS Diploma +$9,150/yr
Estimated Break-Even 2 years
Graduation Rate (6-year) 62.0%
Median Debt at Graduation $3,591

What You'll Actually Pay

Average net price by family income

Net price by family income for Berea College
Family Income Estimated Net Price
$0 - $30,000 $4,070/yr
$30,001 - $48,000 $3,613/yr
$48,001 - $75,000 $5,844/yr
$75,001 - $110,000 $7,570/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Berea College
Program Level Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Bachelor $61,814
Computer and Information Sciences, General. Bachelor $50,856
Business/Commerce, General. Bachelor $33,993
Ethnic, Cultural Minority, Gender, and Group Studies. Bachelor $29,685
Communication and Media Studies. Bachelor $27,590
Engineering Technology, General. Bachelor $26,353
Psychology, General. Bachelor $25,658
Education, General. Bachelor $24,267
History. Bachelor $24,035
Romance Languages, Literatures, and Linguistics. Bachelor $23,579

The Risk Factor

Completion Risk: Moderate Risk

62.0% of students at Berea College graduate within 6 years. A significant share of students finish, but roughly 38% do not complete their degree.

Analysis

Berea College gives you a rare financial deal: a net price near $4,500 a year and median debt of just $3,591, which is less than most people spend on a used car. You leave with median earnings of $43,150 after ten years, so the debt is trivial next to what you earn. The return here is strong mainly because your costs are so low, not because the paychecks are large.

Your major decides everything at Berea. Nursing graduates clear about $61,800, and computer science pays over $50,800, both well above the school median. Business sits at roughly $34,000, and the softer fields drag lower: communication and media studies grads earn about $27,600, and ethnic and gender studies around $29,700. If you pick nursing or computing, the math works out great. If you pick communications, your salary lands below what a typical high school graduate might expect, though your near-zero debt cushions that blow.

The main risk here is earnings, not borrowing. A $27,600 salary in a low-cost Kentucky market is livable but leaves little room, and Berea's regional pull means many of these lower-paying degrees keep you in an area where wages stay modest. The 62% graduation rate is the other concern: leaving without the degree wastes the cheap tuition entirely.

The net price barely moves across income brackets, ranging from about $3,600 to $7,600, so this school is built for families with limited means. If you come from a low-income household, Berea is one of the best financial fits in the country. If your family has high income and you want a big-name earnings boost, the $43,150 median won't stand out, and other schools may serve you better.

Frequently Asked Questions

Is Berea College worth the cost?

Berea College offers exceptional value with a net price of just $4,483 per year and median debt of only $3,591. The school's unique no-tuition model makes it one of the most affordable quality educations available, though median earnings of $43,150 ten years after graduation are modest.

What are the highest paying majors at Berea College?

Nursing programs at Berea College lead to the strongest earnings at $61,814, followed by computer science at $50,856. Business graduates earn $33,993, which is below the national average for business majors.

How much student debt do Berea College graduates have?

Berea College graduates have remarkably low debt with a median of just $3,591. The school's no-tuition policy and generous financial aid mean most students graduate with minimal debt burden.

Does Berea College have good job outcomes after graduation?

Berea College graduates earn a median of $43,150 ten years after graduation, which is below average for college graduates nationally. However, the extremely low debt load means graduates face less financial pressure than peers from other schools.