Alcorn State University vs Millsaps College: which has better ROI?
Millsaps College has the better ROI: it clears its 4-year net cost of $104,136 in 19 years versus not at all at Alcorn State University, on median earnings of $53,848 vs $36,421 ten years out. (Scorecard, 2026 · our math.)
| Measure | Alcorn State University | Millsaps College |
|---|---|---|
| Net price / yr | $13,265 | $26,034 |
| Total net cost | $53,060 | $104,136 |
| Median earnings, 10 yrs | $36,421 | $53,848 |
| Median debt | $27,000 | $27,000 |
| Payback | — | 19 yrs |
| 20-year net return | -$291,840 | $5,624 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Alcorn State University or Millsaps College?
Alcorn State University, at $13,265 a year after aid versus $26,034 — a gap of $12,769 a year, or $51,076 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Alcorn State University or Millsaps College graduates earn more?
Millsaps College graduates report a median $53,848 ten years after entry, $17,427 more than the $36,421 at Alcorn State University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
Which leaves students with less debt, Alcorn State University or Millsaps College?
Completers at both borrow a median $27,000, so neither school has the debt advantage. That figure covers federal loans of students who finished — borrowers who leave early are not counted, and private loans sit outside it.
Which graduates more of its students?
57% of students finish at Alcorn State University, against 57% at Millsaps College. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.