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Millsaps College

Jackson, MS — Private Nonprofit

Value Score: 30/100

Tuition (In-State): $44,680 | Out-of-State: $44,680

Acceptance Rate: 43.1% | Graduation Rate: 56.3%

Median Earnings (10yr): $53,848 | Median Debt: $27,000

Student Body Size: 549

Millsaps College offers a small campus environment but struggles with student outcomes and financial return on investment.

Report Card: Overall Grade D+

Millsaps College receives an overall grade of D+ based on six dimensions:

College Analysis

Millsaps College, a small private institution in Jackson, MS, presents a mixed picture regarding its academic offerings and student outcomes. While it serves a diverse student body, its graduation rate of 56.3% is below the national average, suggesting potential challenges for student retention and success. The academic rigor and specific program strengths would require further investigation beyond the provided data. The value proposition for Millsaps College is questionable, with a median 10-year earning of $53,848 significantly trailing the median debt of $27,000, resulting in a negative ROI score of -70. This indicates that, on average, graduates do not recoup their investment in the degree within a decade. The student experience at a small college like Millsaps can be intimate, fostering close relationships with faculty and peers, but the overall financial return may not justify the high sticker price of $44,680 for many students.

The Verdict: Is Millsaps College Worth It?

Based on the data, Millsaps College presents a challenging value proposition for the average student. With an annual tuition of $44,680, a median debt of $27,000, and median 10-year earnings of $53,848, the ROI Score of -70 is a stark indicator that this institution is, for many, overpriced. The sticker price is substantial, and while a liberal arts education offers intangible benefits, the financial return on investment appears to be significantly negative for a typical graduate. To put it in perspective, a student graduating with the median debt of $27,000 and earning the median salary of $53,848 would face a considerable challenge in debt repayment, especially when considering living expenses. Assuming a standard 10-year repayment plan at a typical interest rate, a significant portion of their early career earnings would be dedicated to student loan payments. Without substantial financial aid or a clear path to a high-earning career immediately post-graduation, the cost-to-earnings ratio is unfavorable. While Millsaps offers a personalized, high-quality education, the financial burden for many will outweigh the monetary benefits. It is not a hidden gem in terms of financial value; rather, it's an expensive private college with a lower-than-average graduation rate for its price point. For students who receive significant merit scholarships or need-based aid that drastically reduces the net cost, it *could* be a reasonable investment. However, for those paying near sticker price, it is difficult to recommend as a financially sound decision.

Return on Investment

With a median 10-year earning of $53,848 and median debt of $27,000, Millsaps College shows a negative ROI score of -70, suggesting the degree is likely not worth the cost for the average student within a decade.

Debt Reality Check

Median student debt at Millsaps College: $27,000. Monthly payment on a standard 10-year plan: $307/month. Total repaid: $36,840 ($9,840 in interest).

Breakeven vs high school diploma: 1.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.

Strengths

Weaknesses

Academic Profile

Academically, Millsaps College offers a rigorous liberal arts education designed to cultivate critical thinking, communication, and problem-solving skills. The small student body ensures an exceptional student-faculty ratio, typically around 9:1, meaning personalized attention and mentorship are not just promised, but delivered. Professors are highly accessible, often knowing students by name and fostering an environment where intellectual curiosity is paramount. While Millsaps excels across the humanities, social sciences, and natural sciences, several programs stand out. The Else School of Management is particularly strong, offering undergraduate degrees in Accounting, Business Administration, and Economics, with a practical, real-world focus that prepares students for immediate career success or graduate studies. Pre-professional tracks, especially Pre-Med and Pre-Law, are highly regarded, benefiting from dedicated advising and strong placement rates into professional schools. The Biology and Chemistry departments are robust, providing ample opportunities for hands-on lab work and undergraduate research. Students can engage in faculty-led research projects as early as their first year, often presenting at regional and national conferences, a significant advantage for graduate school applications. The Honors Program offers an enriched curriculum for high-achieving students, including specialized seminars and a senior thesis project. Study abroad is strongly encouraged, with Millsaps offering a variety of programs in locations like London, Paris, and Costa Rica, often integrated seamlessly into degree plans. Academic support is comprehensive, including a Writing Center, Quantitative Reasoning Center, peer tutoring, and dedicated academic advisors who guide students from course selection to career planning. The emphasis here is on a challenging yet supportive environment where students are pushed to excel and given the resources to succeed.

Financial Aid Guide for Millsaps College

Navigating financial aid at Millsaps College, with its $44,680 tuition, requires a strategic approach, but significant assistance is available. Millsaps is committed to making its education accessible, and a substantial portion of students receive some form of financial aid. Merit-based scholarships are a cornerstone of their aid strategy, designed to attract high-achieving students. These scholarships can range from $15,000 to $30,000+ annually for students with strong academic profiles (e.g., a 3.5+ GPA and competitive test scores, if submitted). The most prestigious awards, like the Presidential Scholarship, can cover a significant portion of tuition. Need-based aid is also available, determined by the FAFSA and, for some, the CSS Profile. While the Pell Grant rate is N/A, eligible students will receive federal grants. A typical aid package for a student with demonstrated need and strong academics might combine a merit scholarship (e.g., $20,000), a federal Pell Grant (up to $7,395), a state grant (if applicable, e.g., Mississippi Tuition Assistance Grant), and federal student loans (e.g., $5,500 for a first-year student). Work-study opportunities are also offered, allowing students to earn money for educational expenses through on-campus jobs. To maximize your aid, apply early for admission and financial aid, ensuring all FAFSA and any institutional forms are submitted by the priority deadlines. For students with compelling offers from comparable institutions, negotiating aid is often a realistic possibility. Millsaps is generally open to reviewing aid packages, especially if you can demonstrate a significant gap between their offer and what a peer institution has provided. Don't hesitate to reach out to the financial aid office with specific questions or to discuss your family's unique circumstances.

Hidden Costs at Millsaps College

Alumni Outcomes & Career Paths

Millsaps College, a small liberal arts institution, cultivates graduates who pursue diverse paths, often leveraging their critical thinking and communication skills in professional and academic settings. While specific employer data can vary year-to-year, Millsaps alumni frequently find positions within Mississippi and the broader Southern region, particularly in sectors that value a well-rounded education. Major employers that recruit from or employ Millsaps graduates include prominent healthcare systems like Mississippi Baptist Medical Center and St. Dominic Hospital, various state government agencies within the Mississippi State Capitol complex, and financial institutions such as Trustmark Bank and Regions Bank. The education sector is another significant destination, with alumni teaching in public and private schools across the state, or working in higher education administration.

Industries where Millsaps alumni cluster include healthcare administration, K-12 education, state and local government, financial services, law, and non-profit organizations. Given its strong pre-professional advising, Millsaps boasts a commendable graduate school placement rate, with many students matriculating into law schools (e.g., Mississippi College School of Law, University of Mississippi School of Law), medical schools (e.g., University of Mississippi Medical Center), and various master's and Ph.D. programs across the country. Notable alumni, such as Pulitzer Prize-winning author Eudora Welty and civil rights activist Myrlie Evers-Williams, underscore the college's legacy of producing impactful individuals.

The Career Services office at Millsaps provides personalized attention, a hallmark of small colleges. They offer resume and cover letter workshops, interview preparation, career counseling, and host career fairs connecting students with local and regional employers. Internship pipelines are robust, particularly with organizations in Jackson, including legislative offices, legal firms, marketing agencies, and healthcare providers, offering valuable real-world experience. Geographically, while a significant portion of graduates remain in Mississippi, many also relocate to nearby metropolitan areas like New Orleans, Memphis, Atlanta, and Dallas, or pursue opportunities nationally after graduate studies.

Campus Life & Culture at Millsaps College

Millsaps College attracts a diverse student body, though a significant portion hails from Mississippi and surrounding Southern states, creating a distinct regional flavor. Students here are typically intellectually curious, value close relationships with faculty, and are eager to engage deeply in both academic and extracurricular pursuits. The ideal Millsaps student thrives in a small, supportive environment, appreciates a liberal arts foundation, and is ready to take advantage of the unique opportunities that come with being in a capital city.

Life at Millsaps College is defined by its intimate scale and a vibrant, engaged community, truly embodying the 'small school, big opportunities' ethos. With just over 500 students, you'll quickly recognize faces and build strong connections with peers and professors alike. The general vibe is one of intellectual curiosity mixed with Southern hospitality and a strong sense of collective identity. Most first and second-year students live on campus, fostering a close-knit residential experience. Housing options range from traditional dorms like Ezelle Hall and New South to apartment-style living for upperclassmen, all contributing to a lively campus pulse. Dining is centered around the Reuben and Elizabeth S. Johnson Dining Hall, offering standard college fare with various stations, and there are smaller grab-and-go options like the Bowlwich for quick bites. The social scene, while not overwhelming, is active and student-driven. Greek life plays a significant role, with roughly 30-40% of students participating in fraternities and sororities, hosting social events, philanthropic initiatives, and leadership opportunities. Beyond Greek life, over 60 student organizations cater to diverse interests, from academic clubs and service groups to performing arts and cultural associations. Athletics are a big part of the spirit, with the Millsaps Majors competing in NCAA Division III as part of the Southern Athletic Association (SAA). Game days, especially for football and basketball, draw a good crowd and foster campus pride. Unique traditions like 'Major Madness,' where students publicly declare their majors, and the annual 'Pumpkin Patch' festival in the fall, create memorable shared experiences. The campus itself is a beautiful, historic oasis in the heart of Jackson, MS, with 'The Bowl' serving as a central green space for relaxation and impromptu gatherings. While the campus provides a strong bubble, its location offers easy access to Jackson's cultural attractions, dining, and internship opportunities, providing a balanced college experience.

Campus Highlights

Location & Regional Advantages

Millsaps College's location in Jackson, Mississippi, offers a unique set of geographic advantages and considerations for students. As the state capital, Jackson serves as Mississippi's primary economic and political hub, providing students with unparalleled access to state government agencies, legislative offices, and a concentration of legal and non-profit organizations for internships and post-graduation employment. The local job market is stable, anchored by healthcare (e.g., University of Mississippi Medical Center, Baptist Health Systems), education, and government sectors. While not a booming tech center, Jackson offers opportunities in business services, finance, and media.

The cost of living in Jackson is significantly lower than the national average, which can stretch a graduate's initial salary further, making it an attractive place to start a career. Proximity to industry hubs extends beyond Jackson itself, with major Southern cities like New Orleans (2.5 hours), Memphis (3 hours), and Birmingham (3 hours) within reasonable driving distance, offering additional career and cultural opportunities.

Quality of life in Jackson is characterized by Southern hospitality, a rich cultural scene including museums (Mississippi Civil Rights Museum, Mississippi Museum of Art), live music venues, and diverse culinary experiences. The weather features hot, humid summers and mild winters, appealing to those who prefer warmer climates. While urban areas like Jackson face safety challenges, the Millsaps campus itself is a contained, well-maintained environment with its own security. For career opportunities post-graduation, the strong local network and the college's established relationships within Mississippi's professional landscape are significant assets, particularly for students interested in public service, healthcare, or contributing to the state's development.

How to Get Into Millsaps College

Gaining admission to Millsaps College, with its 43.1% admission rate, requires a thoughtful and well-rounded application that showcases your academic potential and fit for a close-knit liberal arts community. While selective, Millsaps employs a holistic review process, meaning they look beyond just grades and test scores. For GPA, competitive applicants typically have a strong B average or higher (3.0+ on a 4.0 scale), demonstrating consistent academic performance in challenging courses. While specific SAT/ACT ranges are N/A, submitting strong scores (if you choose to, as Millsaps is test-optional) can certainly bolster your application. The admissions office highly values demonstrated interest; visiting campus, attending virtual events, or engaging with an admissions counselor can significantly strengthen your candidacy. Early Decision (ED) or Early Action (EA) applications are highly advantageous, signaling Millsaps as a top choice and often resulting in a higher acceptance rate. When it comes to essays, authenticity is key. Millsaps seeks students who can articulate why a liberal arts education, specifically at Millsaps, aligns with their goals. Strong essays often connect personal experiences to academic interests or demonstrate a genuine curiosity for learning. Leadership roles, community service, and extracurricular involvement are also important, as they indicate a student who will contribute actively to campus life. Aim to submit your application by the Early Action deadline in November to receive an earlier decision and potentially better scholarship consideration. For regular decision, the January deadline is the final push. Ensure your application tells a cohesive story about who you are and how you'll thrive in the Millsaps environment.

How Millsaps College Compares to Similar Schools

Similar schools: Rhodes College (Memphis, TN), Hendrix College (Conway, AR), Birmingham-Southern College (Birmingham, AL), Sewanee: The University of the South (Sewanee, TN), Spring Hill College (Mobile, AL)

Advantages

Disadvantages

Best For

Avoid If

Frequently Asked Questions about Millsaps College

Is Millsaps College a good investment given its negative ROI?

Based on the provided data, Millsaps College has a negative ROI score of -70, indicating that graduates, on average, do not earn enough within 10 years to offset their debt and educational costs. Further research into specific program outcomes would be beneficial.

What are the primary career outcomes for Millsaps College graduates?

The provided data indicates a median earning of $53,848 ten years after entry. Specific career paths and graduate school placements are not detailed in this dataset.

How does Millsaps College's graduation rate compare to similar institutions?

Millsaps College's graduation rate of 56.3% is below the national average for four-year institutions, suggesting potential areas for improvement in student support and academic success.

What is the average debt load for students graduating from Millsaps College?

The median debt at graduation for students at Millsaps College is $27,000.

Is Millsaps College affordable for students from Mississippi?

While the tuition is the same for in-state and out-of-state students at $44,680, the affordability score of 35 and the negative ROI suggest that affordability is a significant concern for many students attending Millsaps College.

What is the acceptance rate at Millsaps College and how hard is it to get in?

Millsaps College has an acceptance rate of 43.1%, which indicates a moderately selective admissions process. While not considered highly competitive like Ivy League institutions, it's certainly not an open-access school. Applicants generally need to demonstrate a solid academic record, typically with a GPA in the 'B' to 'A-' range, and competitive standardized test scores (though many liberal arts colleges are becoming test-optional). The admissions committee at Millsaps looks for more than just grades and scores; they seek students who will contribute actively to their small, close-knit community. To increase your chances of admission, prospective students should focus on presenting a well-rounded application. This includes a strong essay that reflects your personality and intellectual curiosity, compelling letters of recommendation from teachers who know you well, and a demonstrated commitment to extracurricular activities, leadership roles, or community service. Millsaps values students who are engaged and eager to participate in a liberal arts environment. Given its size, showing genuine interest in the college through campus visits, interviews, or attending virtual events can also play a significant role in demonstrating fit and boosting your application.

Is Millsaps College worth the money?

Evaluating whether Millsaps College is 'worth the money' requires a nuanced perspective, especially given its $44,680 annual tuition, $27,000 median debt, and a negative ROI score of -70. For the average student paying near sticker price, the data suggests it is a significant financial investment with a challenging return. The median 10-year earnings of $53,848, while respectable, may not fully justify the high cost and associated debt for many. However, 'worth' is subjective. For students who receive substantial financial aid, such as merit scholarships or need-based grants that significantly reduce the net cost, the value proposition improves considerably. Millsaps offers a highly personalized, small-class-size liberal arts education, which can be invaluable for students who thrive in such an environment, benefit from close faculty mentorship, and desire a strong sense of community. This type of education often fosters critical thinking, communication, and problem-solving skills highly valued by employers and graduate schools. If a student has a clear career path that aligns with Millsaps' strengths (e.g., pre-med, pre-law, public service in Mississippi) and can leverage the college's local network, or if they prioritize the 'experience' and intellectual growth over immediate financial ROI, it might be worth it. For others, particularly those concerned about debt and direct financial returns, it may be an overpriced option that requires careful consideration of alternatives.

What are the best majors at Millsaps College?

Millsaps College, as a liberal arts institution, excels in programs that emphasize critical thinking, communication, and a broad intellectual foundation. While 'best' can be subjective, certain majors consistently stand out for their academic rigor, career preparation, and popularity among students. The pre-professional tracks are particularly strong; students pursuing **Biology** or **Chemistry** often find excellent preparation for medical school, dental school, or other health professions, benefiting from dedicated advising and research opportunities. Similarly, **Political Science** and **History** majors are well-regarded for their rigorous analytical training, making them strong foundations for law school or careers in government and public service, especially given Millsaps' location in the state capital. **Business Administration** is another popular choice, offering concentrations that prepare students for various roles in finance, marketing, and management, often leveraging local internship opportunities in Jackson. The **English** department is known for fostering strong writing and analytical skills, leading graduates into fields like journalism, publishing, education, or further graduate studies. Additionally, programs in **Psychology** and **Education** are robust, preparing students for careers in counseling, social work, or teaching. The small class sizes across all departments ensure personalized attention, allowing students to delve deeply into their chosen fields and engage in meaningful research or creative projects with faculty mentors.

What is student life like at Millsaps College?

Student life at Millsaps College is characterized by a close-knit, supportive community, largely due to its small size of just 549 students. The campus fosters a strong sense of belonging, where students often know their professors and peers personally. The social scene is vibrant and active, with a significant portion of students participating in Greek life, which plays a prominent role in campus events and philanthropy. However, there are also numerous non-Greek organizations, clubs, and intramural sports for students to get involved in, catering to a wide range of interests from academic societies to cultural groups and community service initiatives. Athletics are a notable part of campus life, with Millsaps competing in NCAA Division III, offering opportunities for student-athletes to excel both academically and athletically. Major traditions and events throughout the year, such as 'Majorpalooza' (a campus music festival) and various homecoming activities, help build school spirit and provide social outlets. While Jackson, MS, offers off-campus dining, entertainment, and cultural attractions, much of the social activity revolves around campus events and student organizations. The residential campus environment encourages students to live and interact together, creating a lively and engaging atmosphere where friendships are easily formed and intellectual discussions often extend beyond the classroom.

How much financial aid does Millsaps College give?

Millsaps College, like many private institutions, understands that its sticker price of $44,680 can be a barrier for many families and is committed to making education accessible through financial aid. While specific average aid packages can fluctuate, Millsaps typically offers a combination of merit-based scholarships and need-based grants to eligible students. Merit scholarships are awarded based on academic achievement, leadership potential, and other talents, often without requiring a separate application beyond the admissions application itself. These can significantly reduce the overall cost for high-achieving students. Need-based aid is determined by a family's demonstrated financial need, as assessed through the Free Application for Federal Student Aid (FAFSA) and potentially the CSS Profile. This can include federal and state grants, institutional grants, and federal student loans. Many students at Millsaps receive some form of financial assistance, with a substantial percentage of the student body benefiting from grants and scholarships. It's crucial for prospective students to complete all financial aid forms accurately and on time to be considered for the maximum amount of aid. Given the college's high tuition and negative ROI score, securing a generous financial aid package is often a critical factor in making Millsaps a financially viable option for many families.

What salary can I expect after graduating from Millsaps College?

Graduates from Millsaps College can expect a median salary of approximately $53,848 ten years after enrollment. This figure represents the mid-point of earnings across all majors and career paths, providing a general benchmark. However, actual salaries can vary significantly based on several factors, including your chosen major, industry, geographic location, and whether you pursue graduate studies. For instance, graduates in fields like Business Administration, particularly those entering finance or consulting, may see higher starting salaries. Similarly, students who leverage their strong pre-med or pre-law preparation to enter medical school or law school will eventually command significantly higher earnings, though their initial post-undergraduate salaries might be lower while in professional programs. Conversely, those entering fields like non-profit work, education, or certain humanities-focused careers might start at salaries closer to or below the median. It's also important to consider that the Jackson, MS, job market, while stable, may offer different salary scales compared to larger, more expensive metropolitan areas. While the median earnings are a useful guide, prospective students should research specific career paths related to their intended major to get a more precise understanding of potential salary outcomes and weigh this against the college's tuition and debt burden.

What are the dorms like at Millsaps College?

The dorms at Millsaps College offer a traditional residential experience typical of small liberal arts colleges, fostering a strong sense of community among students. The college emphasizes on-campus living, especially for freshmen and sophomores, to integrate students fully into campus life. Housing options generally include traditional dormitory-style rooms, often with shared bathrooms on each floor, and some suite-style arrangements where two or more rooms share a common living area and bathroom. Each residence hall has its own unique character and amenities, but common features include communal lounges, study areas, laundry facilities, and often kitchens for student use. Rooms are typically furnished with a bed, desk, chair, and dresser for each student. The small size of Millsaps means that residence life staff, including Resident Assistants (RAs), are often highly accessible and play a significant role in organizing social events, fostering a welcoming environment, and providing support. While the dorms may not offer luxury accommodations, they are generally well-maintained and provide a comfortable and safe living space designed to encourage interaction and build lasting friendships among students. The close proximity of dorms to academic buildings, the library, and dining facilities adds to the convenience of campus living.

Is Millsaps College a good school for research?

Yes, Millsaps College is a very good school for undergraduate research, particularly given its small size and liberal arts focus. The emphasis on a liberal arts education at Millsaps means that faculty are often dedicated to teaching and mentoring undergraduates, creating ample opportunities for students to engage in meaningful research projects. Unlike larger universities where research opportunities might be dominated by graduate students, Millsaps undergraduates often have direct access to faculty-led research from their early years. Students across various disciplines, including the sciences (Biology, Chemistry, Physics), humanities (History, English), and social sciences (Psychology, Political Science), can collaborate with professors on original research. This can involve laboratory work, field studies, archival research, data analysis, or critical literary analysis. Many students present their findings at regional and national conferences, and some even co-author publications with their faculty mentors. The college often provides resources for student research, including grants for materials or travel. This hands-on research experience is invaluable for students planning to pursue graduate school, medical school, or careers that require strong analytical and investigative skills, providing a significant advantage in competitive applications.

How does Millsaps College compare to similar schools?

When comparing Millsaps College to similar small, private liberal arts institutions in the South, such as Rhodes College, Hendrix College, or Birmingham-Southern College, several distinctions emerge. Millsaps stands out for its unique location in Jackson, Mississippi, the state capital. This provides unparalleled access to state government, legal, and healthcare institutions for internships and career opportunities, a distinct advantage over peers in smaller towns. The college's extremely small student body (549 students) fosters an exceptionally personalized educational experience and a tight-knit community, which can be more pronounced than at some slightly larger liberal arts colleges. However, Millsaps also faces challenges in comparison. Its ROI score of -70 is notably lower than many peers, suggesting a less favorable financial return on investment for the average graduate. The graduation rate of 56.3% is also on the lower side for private liberal arts colleges of its caliber and price point. While Jackson offers cultural amenities and a lower cost of living, it may not have the same breadth of diverse industry opportunities or national brand recognition as cities like Memphis (Rhodes) or Birmingham (Birmingham-Southern). Ultimately, Millsaps appeals strongly to students seeking a highly individualized liberal arts education within a supportive community, particularly those interested in leveraging its capital city location for careers in public service, healthcare, or law within Mississippi and the surrounding region, provided they are comfortable with the financial investment.

What do employers think of a degree from Millsaps College?

Employers, particularly within Mississippi and the broader Southern region, generally hold a degree from Millsaps College in high regard. As a respected private liberal arts institution, Millsaps has a strong reputation for producing graduates with excellent critical thinking, communication, and problem-solving skills – qualities highly valued across all industries. Employers understand that a Millsaps education emphasizes a broad intellectual foundation, adaptability, and the ability to learn quickly, which are crucial in today's dynamic job market. Local and regional employers, especially in sectors like healthcare, state government, finance, and education, are often familiar with Millsaps' rigorous academic programs and its history of preparing successful professionals. The college's alumni network, while smaller than large universities, is often very engaged and supportive, providing valuable connections for current students and recent graduates. While Millsaps may not have the same national brand recognition as some larger, more prominent universities, its graduates are well-respected for their intellectual capabilities and work ethic. For students aiming for careers within Mississippi or the South, a Millsaps degree carries significant weight and opens doors to various professional opportunities, often through established relationships and a strong alumni presence in key industries.

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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.