Degree Dividend
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Merrimack College — ROI, Cost & Payback

Private nonprofit · North Andover, MA · 3,916 students

The verdict

Merrimack College charges a net price of $37,927/yr after aid — a 4-year total of $151,708. Graduates earn a median $75,584 ten years after entry, $27,224/yr above the $48,360 high-school baseline, clearing the total in 5.6 years — a 20-year net return of $392,772, a solid payback. (Scorecard, 2026 · our math.)

Share
$37,927
Net price / yr
Scorecard, 2026
$75,584
Median earnings, 10 yrs
Scorecard, 2026
5.6 yrs
Payback
Our math, 2026
70%
Admission rate
Scorecard, 2026
Merrimack College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$37,927/yrScorecard, 2026
Total net cost (4 yrs)$151,708our math
Median earnings, 10 yrs after entry$75,584Scorecard, 2026
Earnings premium over HS baseline$27,224/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback5.6 yrsour math
20-year net return$392,772our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.