College of the Marshall Islands Outcomes

Graduates face significant financial challenges with the 14% six-year graduation rate creating uncertainty around degree completion. Those who do graduate typically enter local education, government, or marine resource management roles in the Marshall Islands economy. With average earnings likely around $25,000-$35,000 annually in the local job market, the $11,050 net price represents roughly 30-45% of first-year income. The 0% federal loan rate means most costs come from grants and family contributions rather than debt. Nearly all students receive financial aid, reflecting the economic realities of island life. While the education serves crucial local workforce needs in teaching and marine sciences, the combination of low graduation rates and limited high-paying career options creates a weak return on investment from a purely financial perspective.