At $8,173/yr net price, Rosedale Bible College graduates earn $35,558/yr within 10 years of enrollment, which is $1,558/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $8,173 |
| Estimated 4-Year Cost | $32,692 |
| Median Earnings (10yr post-entry) | $35,558/yr |
| Earnings Premium vs. HS Diploma | +$1,558/yr |
| Estimated Break-Even | 21 years |
| Graduation Rate (6-year) | 47.1% |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $4,306/yr |
| $30,001 - $48,000 | $8,185/yr |
| $48,001 - $75,000 | $9,641/yr |
| $75,001 - $110,000 | $10,995/yr |
The Risk Factor
47.1% of students at Rosedale Bible 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
Rosedale Bible College delivers weak financial returns despite its affordable price point. Your median earnings of $35,558 ten years after enrollment barely exceed what many high school graduates earn without college debt, making the investment questionable even at this school's low net cost.
The 47% graduation rate creates significant financial risk since you pay tuition whether you finish or not. With only one-third of students receiving financial aid, you'll likely pay the full $8,173 annual cost out of pocket. This suggests limited merit scholarship opportunities compared to schools where most students receive aid.
The school's biblical studies focus severely limits your earning potential in Ohio's job market. Rural southeastern Ohio offers few career paths that require theological training but pay above-average wages. You'll compete for ministry positions that typically offer modest salaries, or you'll need additional training for secular careers that make your degree largely irrelevant.
Rosedale makes financial sense only if you're committed to ministry work and value the school's specific denominational approach over earnings potential. Students seeking general education or transferable credits will find better ROI elsewhere. The low aid percentage means you should have $16,346 available for the full program before enrolling.
Your best financial strategy involves completing the program quickly to minimize total costs, then immediately entering ministry roles or pursuing additional education. Avoid this school if you're uncertain about your career direction or need strong earning potential to justify educational expenses.
Frequently Asked Questions
Is Rosedale Bible College worth the cost?
With earnings averaging $35,558 ten years after graduation and a net price of $8,173 annually, Rosedale Bible College offers a relatively affordable education but below-average earning potential. The low graduation rate of 47% indicates many students don't complete their programs.
What is the return on investment for Rosedale Bible College?
Graduates earn about $35,558 annually after ten years, which is significantly below the national average for college graduates. While the school costs less than most colleges, the earning potential may not justify even this lower investment for many students.
Do Rosedale Bible College graduates struggle with student debt?
The relatively low annual cost of $8,173 means graduates typically face less debt than students at more expensive schools. However, the below-average earnings of $35,558 can still make loan repayment challenging.
Which programs at Rosedale Bible College have the best job prospects?
As a Bible college, most programs prepare students for ministry roles, which typically offer modest compensation regardless of the institution. Students should carefully consider whether the earning potential aligns with their financial goals and debt obligations.