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
| 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
| 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
| 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
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.