At $20,591/yr net price, Emory & Henry University graduates earn $47,385/yr within 10 years of enrollment, which is $13,385/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $20,591 |
| Estimated 4-Year Cost | $82,364 |
| Median Earnings (10yr post-entry) | $47,385/yr |
| Earnings Premium vs. HS Diploma | +$13,385/yr |
| Estimated Break-Even | 6.2 years |
| Graduation Rate (6-year) | 53.8% |
| Median Debt at Graduation | $26,332 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $17,348/yr |
| $30,001 - $48,000 | $20,308/yr |
| $48,001 - $75,000 | $19,781/yr |
| $75,001 - $110,000 | $21,071/yr |
| $110,001+ | $23,722/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Teacher Education and Professional Development, Specific Levels and Methods. | Master | $40,140 | |
| Business Administration, Management and Operations. | Bachelor | $36,668 | $26,500 |
| Sociology. | Bachelor | $29,685 | |
| Communication and Media Studies. | Bachelor | $28,055 | |
| Psychology, General. | Bachelor | $25,967 | $26,970 |
The Risk Factor
53.8% of students at Emory & Henry University graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Emory & Henry gives you a mixed-to-weak financial return. You pay a private-school net price and come out earning near the national median for all workers, not the premium a private degree is supposed to buy. The median debt is manageable against those earnings, but the payoff is thin, and the 69% retention rate means roughly a third of your classmates don't come back for a second year.
The program data makes the problem concrete. Business Administration tops the list, yet its early earnings sit below what many state schools pay for the same major. Sociology, Communication and Media Studies, and Psychology all land under $30k a decade out, and Psychology bottoms the list at $25,967 while carrying nearly $27,000 in debt. If you enroll in one of those three majors, you are borrowing private-college money for outcomes that don't cover it. Business is your best financial bet here, and even that is modest.
The specific risk is the gap between price and result combined with a 54% graduation rate. If you take on the full debt load and leave without the degree, you get the bill without the earnings. The rural southwest Virginia location also limits nearby high-paying employers, so your job search likely means relocating.
The net price tiers are unusually flat. Families earning under $30k pay $17,348, only about $6,000 less than families over $110k. There is little discount for low income here, so if your family income is low, the aid does not stretch as far as it might elsewhere.
This school fits you if you want a small private campus, will finish, and pick Business. Look elsewhere if you're aiming at Psychology, Sociology, or Communication and want the numbers to work.
Frequently Asked Questions
Is Emory & Henry University worth the cost?
With graduates earning $47,385 ten years after enrollment and median debt of $26,332, Emory & Henry offers modest returns. The low graduation rate of 54% means nearly half of students don't finish, making the investment risky.
What are the best paying majors at Emory & Henry University?
Teacher education graduates earn the highest at $40,140, followed by business majors at $36,668. Psychology and communication majors earn significantly less at around $26,000-28,000, which barely covers loan payments.
How much debt do Emory & Henry University graduates have?
The median debt is $26,332, which is manageable compared to many private colleges. However, with starting salaries around $47,000, graduates will likely spend 10-15% of their income on loan payments.
Does Emory & Henry University have good financial aid?
The net price of $20,591 suggests decent financial aid for a private college. Still, over half of students don't graduate, so aid doesn't solve the completion problem that affects ROI.