At $13,485/yr net price, Georgetown College graduates earn $52,074/yr within 10 years of enrollment, which is $18,074/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $13,485 |
| Estimated 4-Year Cost | $53,940 |
| Median Earnings (10yr post-entry) | $52,074/yr |
| Earnings Premium vs. HS Diploma | +$18,074/yr |
| Estimated Break-Even | 3 years |
| Graduation Rate (6-year) | 47.5% |
| Median Debt at Graduation | $25,200 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $8,926/yr |
| $30,001 - $48,000 | $8,329/yr |
| $48,001 - $75,000 | $9,698/yr |
| $75,001 - $110,000 | $16,607/yr |
| $110,001+ | $19,770/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Education, General. | Master | $40,621 | $14,155 |
| Business/Commerce, General. | Bachelor | $39,729 | |
| Political Science and Government. | Bachelor | $30,771 | |
| Communication and Media Studies. | Bachelor | $27,584 | $24,000 |
| Psychology, General. | Bachelor | $27,048 | $26,749 |
| Romance Languages, Literatures, and Linguistics. | Bachelor | $26,353 | |
| Biology, General. | Bachelor | $22,578 | $26,970 |
The Risk Factor
47.5% of students at Georgetown College 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
Georgetown College delivers poor financial returns for most students, with a 47% graduation rate that puts nearly half of enrollees at risk of debt without a degree. The median earnings of $52,074 after ten years barely justify the investment, especially given the high dropout risk.
Education majors fare best with $40,621 in median earnings and only $14,155 in debt, making this program one of the few clear winners at Georgetown College. Business graduates earn $39,729, which provides decent returns given the school's low net price. However, psychology majors face a particularly bad deal with $27,048 in earnings against $26,749 in debt. Communication students earn just $27,584 while carrying $24,000 in loans.
The 67% retention rate signals that many students struggle academically or financially after their first year. With only 34% of students receiving financial aid, you'll likely pay close to the full net price unless you qualify for merit scholarships or need-based aid.
Georgetown College works financially if you're pursuing education or business and can graduate within four years. The low net price of $13,485 makes it affordable compared to many private colleges. However, you should look elsewhere if you're interested in psychology, communications, or political science, where the earnings don't support the debt load. The school also poses significant risk if you're academically unprepared, given the high dropout rate that could leave you with debt but no degree.
Frequently Asked Questions
Is Georgetown College worth the cost?
Georgetown College offers a relatively low net price at $13,485 annually, but graduates earn a median of $52,074 after 10 years. With a 47.5% graduation rate and typical debt of $25,200, the return depends heavily on completing your degree and choosing the right major.
What are the best paying majors at Georgetown College?
Education and business majors at Georgetown College earn around $40,000 annually after graduation, while psychology and communication majors average closer to $27,000. The income gap between programs is significant and should factor into your decision.
How much debt do Georgetown College graduates typically have?
Georgetown College graduates carry a median debt of $25,200, which is manageable compared to the national average. However, with lower starting salaries in some majors, loan repayment could still be challenging depending on your field of study.
What is Georgetown College's graduation rate and why does it matter?
Georgetown College has a 47.5% graduation rate, meaning more than half of students don't finish their degree. Since the financial benefits only apply to graduates, this low completion rate represents a significant risk to your investment.