Morehouse College — ROI, Cost & Payback
Morehouse College charges a net price of $39,013/yr after aid — a 4-year total of $156,052. Graduates earn a median $52,889 ten years after entry, $4,529/yr above the $48,360 high-school baseline, clearing the total in 34.5 years — a 20-year net return of -$65,472, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)
Morehouse College's 34.5-year payback ranks #1,151 of 1,280 US colleges we track — better ROI than 10% of them, and #17 of 100 in Georgia.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $39,013/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $156,052 | our math |
| Median earnings, 10 yrs after entry | $52,889 | Scorecard, 2026 |
| Earnings premium over HS baseline | $4,529/yr | our math |
| Median debt (completers) | $25,000 | Scorecard, 2026 |
| Payback | 34.5 yrs | our math |
| 20-year net return | -$65,472 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Morehouse College's own numbers. Net price $39,013 × 4 years = $156,052 total. Median earnings $52,889 − the $48,360 high-school baseline = $4,529 a year of premium. $156,052 ÷ $4,529 = 34.5 years to break even; twenty years of that premium minus the cost leaves -$65,472. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.
How much debt do Morehouse College students graduate with?
A median $25,000 in federal loans among completers, or 47% of the $52,889 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Morehouse College students graduate?
59% finish their degree — 41% leave carrying the cost without the credential. Spread the $156,052 bill across that completion rate and the cohort pays $264,495 per graduate produced — our math, and the figure a payback number never shows.
Is Morehouse College expensive compared with other Georgia colleges?
Its $39,013 net price runs $23,338 above the $15,675 median across the 100 Georgia colleges we profile, or $93,352 more across the full degree.