At $23,409/yr net price, Hendrix College graduates earn $60,376/yr within 10 years of enrollment, which is $26,376/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $23,409 |
| Estimated 4-Year Cost | $93,636 |
| Median Earnings (10yr post-entry) | $60,376/yr |
| Earnings Premium vs. HS Diploma | +$26,376/yr |
| Estimated Break-Even | 3.6 years |
| Graduation Rate (6-year) | 69.2% |
| Median Debt at Graduation | $26,688 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $17,343/yr |
| $30,001 - $48,000 | $21,032/yr |
| $48,001 - $75,000 | $21,853/yr |
| $75,001 - $110,000 | $25,645/yr |
| $110,001+ | $26,203/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Economics. | Bachelor | $38,289 | $27,000 |
| English Language and Literature, General. | Bachelor | $25,194 | $27,000 |
| Psychology, General. | Bachelor | $22,652 | $26,975 |
| Romance Languages, Literatures, and Linguistics. | Bachelor | $16,478 |
The Risk Factor
69.2% of students at Hendrix College graduate within 6 years. A significant share of students finish, but roughly 31% do not complete their degree.
Analysis
Hendrix College gives you a mixed financial picture. The median earnings of $60,376 ten years out beat what your $26,688 debt load would suggest, so the overall payoff is solid if you graduate and land in that middle range. The catch is that program-level earnings tell a rougher story, and the gap between what typical grads earn and what specific majors report is wide.
Economics is the clear winner among the tracked programs here, roughly $13,000 ahead of English and about $16,000 ahead of psychology in early earnings. If you major in Romance Languages, the early-career number is under $17,000, which does not cover the debt you'd carry out. English and psychology sit in the low $20,000s early on, and both come with debt near $27,000. Those three carry the same borrowing as economics with a fraction of the early return.
The main risk is graduation. A 69% grad rate and 78% retention mean roughly a fifth of you leave after year one, and if you borrow and don't finish, you hold the debt without the degree that pays it back. In central Arkansas, a humanities degree from Hendrix leans on you finding work outside the immediate Conway market to hit that $60k median.
Net price barely moves by income here. If your family earns under $30,000, you pay about $17,343. if you earn over $110,000, you pay $26,203. That's a difference of under $9,000 across the entire income range, so lower-income families get less of a break than at schools with steeper aid curves.
Hendrix fits you if you're heading into economics or a field with clear post-grad employment and you're confident you'll finish in four years. If you're borrowing full freight for a language or humanities track without a plan beyond graduation, look harder at the early-earnings numbers first.
Frequently Asked Questions
Is Hendrix College worth the cost for most students?
Hendrix College graduates earn $60,376 annually ten years after graduation, which is modest given the $26,688 median debt load. The economics program shows better returns at $38,289, but other popular majors like psychology and English show concerning low earnings relative to the investment.
What are the best paying majors at Hendrix College?
Economics is the clear winner at Hendrix College, with graduates earning $38,289 annually. Other popular programs like English ($25,194) and psychology ($22,652) produce significantly lower earnings that may not justify the debt burden.
How much debt do Hendrix College graduates typically have?
Hendrix College graduates carry a median debt of $26,688. With average post-graduation earnings of $60,376, this creates a manageable but not ideal debt-to-income ratio, though students in lower-paying majors may struggle more.
Does Hendrix College have good financial aid to offset costs?
Hendrix College's net price averages $23,409 per year after aid. While this represents some discount from the sticker price, it still results in significant debt loads for a school where many graduates earn modest salaries in fields like humanities and social sciences.