Is College of the Marshall Islands Worth It?

College of the Marshall Islands sits in a tough spot financially, and the number that matters most is the 14.2% graduation rate. Six out of seven students who start here don't finish, and a degree you don't complete returns nothing on the money and time you put in. That single figure shapes everything else about the value here.

The net price of $11,050 a year is modest in absolute terms, and it holds flat for families earning under $30,000. That flat pricing means if your family income is low, you pay the same as anyone else here, with no steeper bill at higher incomes to compare against. For a public school serving Majuro, this is an accessible sticker price.

But accessible price and weak completion are a bad combination. The risk specific to this school is that you borrow or spend for coursework that doesn't end in a credential. No bachelor-level program earnings are listed, so there's no data here showing which fields pay off after you graduate. Without that, you're betting on a degree whose financial payoff isn't documented.

This school fits you if you're rooted in the Marshall Islands, need a low out-of-pocket cost, and are confident you'll finish, whether to transfer onward or move into local work. The low net price makes it a reasonable starting point close to home.

Look elsewhere if you need a strong statistical shot at finishing on the first try, or if you want documented salary outcomes before committing. The 14.2% completion rate is the core financial risk, and no scholarship or aid detail is available here to offset it. Go in with a clear plan to graduate, or the low price won't save you from a zero return.