Student Outcomes
- Graduation Rate (4-year)
- 56.1%
- Graduation Rate (6-year)
- 55.5%
- Retention Rate
- 73.5%
- Median Earnings (10 years after entry)
- $53,848
- Median Debt at Graduation
- $27,000
- Student-to-Faculty Ratio
- 9:1
- Loan Repayment Rate
- 74.6%
- Estimated Monthly Loan Payment
- $286/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $61,516 | |
| Accounting and Related Services. | Master | $60,320 | |
| Business Administration, Management and Operations. | Bachelor | $33,993 | $27,000 |
| Psychology, General. | Bachelor | $29,685 |
Outcomes Overview
Millsaps graduates earn a median of $53,848 ten years after graduation, creating a debt-to-income ratio of 50% based on the typical $27,000 in student loans. Monthly loan payments of $286 consume about 6.4% of gross income, which sits below the recommended 10% threshold. The college's strong pre-professional programs feed graduates into law, medicine, and business careers where earnings potential grows over time. Alumni like John Grisham and Eudora Welty showcase the liberal arts foundation that develops critical thinking skills valued across industries. With 88.9% employment rates and reasonable debt levels relative to earnings, Millsaps delivers a strong return on investment for students committed to leveraging their close faculty relationships.