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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
Return on Investment: Moderate

At $18,675/yr net price, Florida Memorial University graduates earn $36,624/yr within 10 years of enrollment, which is $2,624/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Florida Memorial University
Metric Value
Average Net Price (per year) $18,675
Estimated 4-Year Cost $74,700
Median Earnings (10yr post-entry) $36,624/yr
Earnings Premium vs. HS Diploma +$2,624/yr
Estimated Break-Even 28.5 years
Graduation Rate (6-year) 30.2%
Median Debt at Graduation $30,063

What You'll Actually Pay

Average net price by family income

Net price by family income for Florida Memorial University
Family Income Estimated Net Price
$0 - $30,000 $17,963/yr
$30,001 - $48,000 $18,120/yr
$48,001 - $75,000 $20,200/yr
$75,001 - $110,000 $21,406/yr
$110,001+ $27,605/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Florida Memorial University
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

The Risk Factor

Completion Risk: High Risk

30.2% of students at Florida Memorial University graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.

Analysis

Florida Memorial University leaves you in a weak financial spot. Median earnings ten years out sit below what many workers with no degree at all bring home, while you carry median debt of roughly $30,000. When the payoff barely clears your loan balance, the math does not work for most people who enroll here.

Program choice decides everything at this school. Teacher education graduates earn nearly double what psychology graduates do, and psychology comes paired with the highest debt on the list. If you major in psychology here, you leave with about $31,000 in debt against earnings that fall below $17,000 , the single worst combination on this campus. Criminal justice lands in the middle and feeds directly into South Florida's large law enforcement and corrections job market, which gives it a clearer local path than radio and digital communication, where pay stays low.

The biggest risk is finishing at all. Fewer than one in three of you graduate, and only about half return after freshman year. Drop out with loans and no degree, and you get the debt without the earnings , the worst outcome of all, and it happens to a lot of people here.

Net price barely moves across income levels until you reach the top bracket, where it jumps to over $27,000. Families under $48,000 pay close to $18,000 a year, so aid does not scale down much for lower incomes. That flat pricing hits working-class families hard relative to their means.

This school makes financial sense for you if you commit to teacher education and are confident you will graduate. If you are drawn to psychology or communication, or unsure you will finish, the earnings and completion odds here point you toward a cheaper public option or a program with stronger salary outcomes.

Frequently Asked Questions

Is Florida Memorial University worth the cost?

Florida Memorial University's ROI is concerning, with graduates earning a median of $36,624 ten years after enrollment while carrying $30,063 in debt. The 30% graduation rate means most students don't complete their degrees, making the investment particularly risky.

What are the best paying majors at Florida Memorial University?

Special Education graduates from Florida Memorial University earn the highest salaries at $57,318, followed by Teacher Education at $42,682. Most other programs lead to significantly lower earnings, with Psychology majors earning just $16,478.

How much debt do Florida Memorial University graduates have?

Florida Memorial University graduates carry a median debt of $30,063. With typical graduate earnings of $36,624, this debt burden represents nearly a full year's salary, creating financial strain for most graduates.

What is Florida Memorial University's graduation rate?

Only 30% of students who enter Florida Memorial University actually graduate. This low completion rate means 7 out of 10 students will leave without a degree, often while still carrying student loan debt.