Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

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

Rhodes College's 6.3-year payback ranks #552 of 1,280 US colleges we track — better ROI than 57% of them, and #5 of 91 in Tennessee.

Better ROI than 57% of US colleges#552 of 1,280
Weakest ROIStrongest ROI
$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.

Rhodes College: frequently asked questions

Is Rhodes College worth the cost?
On the numbers, yes. Rhodes College charges $28,585/yr after aid ($114,340 over 4 years), and graduates earn a median $66,651 ten years out — $18,291/yr above the $48,360 high-school baseline. That clears the cost in 6.3 years and returns $251,480 net over 20 years, a solid payback.
How long does a Rhodes College degree take to pay off?
About 6.3 years. We divide the $114,340 four-year net cost by the $18,291/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Rhodes College cost after financial aid?
The median net price is $28,585/yr — about $114,340 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Rhodes College compare to other Tennessee colleges?
It ranks #5 of 91 Tennessee colleges we track by payback. Its $66,651 median earnings beat the national median of $43,552, and its $28,585 net price is above the national median of $16,906.