At $20,375/yr net price, Morris College graduates earn $30,614/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $20,375 |
| Estimated 4-Year Cost | $81,500 |
| Median Earnings (10yr post-entry) | $30,614/yr |
| Earnings Premium vs. HS Diploma | $-3,386/yr |
| Graduation Rate (6-year) | 20.4% |
| Median Debt at Graduation | $31,400 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $19,687/yr |
| $30,001 - $48,000 | $20,984/yr |
| $48,001 - $75,000 | $22,795/yr |
| $75,001 - $110,000 | $20,558/yr |
The Risk Factor
20.4% of students at Morris College 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
Morris College delivers poor financial returns that should give you serious pause. With median earnings of just $30,614 ten years after graduation and a graduation rate of only 20%, most students leave with debt but no degree.
The math works against you at Morris. Your median debt load of $31,400 approaches your expected annual salary, creating a difficult repayment burden. The 46% retention rate signals that nearly half of students transfer or drop out after freshman year, often with loan debt and no credits to show for it.
Morris College makes financial sense only if you receive substantial aid that dramatically reduces your out-of-pocket costs. With 82% of students receiving financial aid, the school does distribute assistance widely, but you need to verify that your actual costs drop well below the $20,375 net price to justify the risk.
You should look elsewhere if you have viable alternatives at community colleges or regional state universities in South Carolina. The combination of low graduation rates, modest earning potential, and significant debt creates a high-risk investment that rarely pays off financially.
Consider Morris only if you receive enough aid to graduate debt-free or nearly debt-free, and only if you have strong personal support systems to help you succeed where 80% of students do not complete their degrees. The school serves students who need intensive support and flexible scheduling, but the financial outcomes suggest most would benefit from starting at a community college and transferring to complete their bachelor's degree elsewhere.
Frequently Asked Questions
Is Morris College worth the cost?
Morris College has concerning ROI metrics with graduates earning just $30,614 ten years after enrollment while carrying median debt of $31,400. The low 20% graduation rate means most students leave without completing their degree.
What is the graduation rate at Morris College?
Morris College has a 20% graduation rate, meaning 4 out of 5 students don't finish their degree. This significantly increases the risk of taking on debt without the earning benefits of a completed degree.
How much debt do Morris College graduates have?
Morris College graduates carry a median debt of $31,400, which is higher than their typical starting salaries. This debt-to-income ratio makes loan repayment challenging for many graduates.
What do Morris College graduates earn after college?
Morris College graduates earn a median of $30,614 ten years after enrollment. This salary is below the national average for college graduates and may not justify the $20,375 annual cost of attendance.