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Rhodes College — ROI, Cost & Payback

Private nonprofit · Memphis, TN · 1,836 students

The verdict

Rhodes College charges a net price of $28,585/yr after aid — a 4-year total of $114,340. Graduates earn a median $66,651 ten years after entry, $18,291/yr above the $48,360 high-school baseline, clearing the total in 6.3 years — a 20-year net return of $251,480, a solid payback. (Scorecard, 2026 · our math.)

Share
$28,585
Net price / yr
Scorecard, 2026
$66,651
Median earnings, 10 yrs
Scorecard, 2026
6.3 yrs
Payback
Our math, 2026
50%
Admission rate
Scorecard, 2026
Rhodes College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$28,585/yrScorecard, 2026
Total net cost (4 yrs)$114,340our math
Median earnings, 10 yrs after entry$66,651Scorecard, 2026
Earnings premium over HS baseline$18,291/yrour math
Median debt (completers)$21,761Scorecard, 2026
Payback6.3 yrsour math
20-year net return$251,480our 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.