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69.9%Acceptance
$19,110Tuition
1,299Students
30%Grad Rate (6-yr)
$36,624Earnings
Private nonprofit4-yearSAT/ACT Test BlindNAIAStudy AbroadData: 2023-24HBCUBaptist

Student Outcomes

Graduation Rate (4-year)
33.1%
Graduation Rate (6-year)
30.2%
Retention Rate
56.9%
Median Earnings (10 years after entry)
$36,624
Median Debt at Graduation
$30,063
Student-to-Faculty Ratio
16:1
Loan Repayment Rate
19.7%
Estimated Monthly Loan Payment
$319/mo

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program
Program Level Median Earnings Median Debt
Special Education and Teaching. Master $57,318
Teacher Education and Professional Development, Specific Levels and Methods. Bachelor $42,682
Criminal Justice and Corrections. Bachelor $29,250
Radio, Television, and Digital Communication. Bachelor $22,087
Psychology, General. Bachelor $16,478 $31,000

Outcomes Overview

Graduates face significant financial challenges with a median debt of $30,063 against median earnings of just $36,624 after ten years. This debt-to-earnings ratio of 82% far exceeds the recommended 40% threshold. Monthly loan payments of $319 consume about 10% of typical graduate income, creating substantial financial strain. The loan repayment rate of only 19.65% reflects these difficulties. Florida Memorial's mission as an HBCU serves students from lower-income backgrounds, with 66% receiving Pell Grants, but the employment rate of 92.7% shows graduates do find work. Many enter education, social services, and business fields. Despite strong job placement, the heavy debt burden relative to earnings represents a weak return on investment.