At $24,659/yr net price, Maranatha Baptist University graduates earn $45,593/yr within 10 years of enrollment, which is $11,593/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $24,659 |
| Estimated 4-Year Cost | $98,636 |
| Median Earnings (10yr post-entry) | $45,593/yr |
| Earnings Premium vs. HS Diploma | +$11,593/yr |
| Estimated Break-Even | 8.5 years |
| Graduation Rate (6-year) | 65.7% |
| Median Debt at Graduation | $14,143 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $23,056/yr |
| $30,001 - $48,000 | $21,143/yr |
| $48,001 - $75,000 | $22,427/yr |
| $75,001 - $110,000 | $29,013/yr |
| $110,001+ | $30,558/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Bachelor | $36,134 | |
| Multi-/Interdisciplinary Studies, General. | Bachelor | $25,194 | |
| Liberal Arts and Sciences, General Studies and Humanities. | Bachelor | $18,315 |
The Risk Factor
65.7% of students at Maranatha Baptist University graduate within 6 years. A significant share of students finish, but roughly 34% do not complete their degree.
Analysis
Maranatha Baptist University delivers weak financial returns that will challenge most families' budgets. With median 10-year earnings of $45,593 against a net price of $24,659 annually, you're looking at a payback period that stretches well beyond what most comparable schools offer.
The earnings data reveals stark differences between programs. Business Administration graduates earn $36,134, which provides the best return on your investment here. Liberal Arts graduates face particularly tough financial prospects at just $18,315 median earnings, making the debt burden difficult to justify. Multi-Interdisciplinary Studies falls in between at $25,194, but still leaves graduates struggling to cover loan payments comfortably.
The school's 65.7% graduation rate adds financial risk to your investment. With nearly one in three students failing to complete their degree, you face real odds of paying tuition without earning the credential needed for higher wages. The 75.7% retention rate signals students transfer out frequently, often losing credits and extending time to degree.
Your median debt of $14,143 stays relatively manageable, but the low earning potential makes even this modest debt challenging for many graduates. Only 34% of students receive financial aid, suggesting limited institutional support for affordability.
Maranatha makes financial sense only if you're pursuing business programs and can graduate without significant debt. The strong Christian mission appeals to families seeking faith-based education, but you should carefully weigh the premium you're paying for that environment against the limited career earning potential. Students considering liberal arts or planning graduate school should explore more affordable options that won't constrain future financial flexibility.
Frequently Asked Questions
Is Maranatha Baptist University worth the cost?
With graduates earning $45,593 ten years after enrollment and a net price of $24,659 annually, Maranatha Baptist University provides modest returns that may not justify the cost for all students. The relatively low median debt of $14,143 helps, but earnings remain below national averages for college graduates.
What are the best paying majors at Maranatha Baptist University?
Business Administration leads with $36,134 in median earnings, while Liberal Arts graduates earn just $18,315. The school's limited program offerings mean fewer high-paying career paths compared to larger universities.
How much debt do Maranatha Baptist University graduates typically have?
The median debt load is $14,143, which is lower than many private colleges. However, with starting salaries often below $30,000 for many programs, even this moderate debt can be challenging to repay quickly.
Does Maranatha Baptist University have good financial aid?
The net price of $24,659 suggests decent financial aid for a private institution, though this still represents a significant cost relative to graduate earnings. Most students will need substantial aid or family support to make attendance financially viable.