Marquette University
Milwaukee, WI — Private Nonprofit
Value Score: 38/100
Tuition (In-State): $51,170 | Out-of-State: $51,170
Acceptance Rate: 81.3% | Graduation Rate: 81.7%
Median Earnings (10yr): $78,257 | Median Debt: $23,940
Student Body Size: 7,660
Marquette University: Solid Graduation Rates but Questionable Financial Return on Investment
Report Card: Overall Grade C-
Marquette University receives an overall grade of C- based on six dimensions:
- Academics: C+
- Value: F
- Outcomes: B+
- Affordability: C-
College Analysis
Marquette University, a medium-sized private nonprofit institution in Milwaukee, WI, presents a mixed picture for prospective students. Academically, the university boasts a strong graduation rate of 81.7%, indicating a high likelihood of student success in completing their degrees. However, the value proposition is somewhat challenged by a high sticker price of $51,170 for both in-state and out-of-state students, coupled with a median debt of $23,940 at graduation. While the median earnings after 10 years are $78,257, the ROI score of -62 suggests that the financial return on investment may not fully compensate for the cost and debt incurred. The student experience is shaped by a diverse student body, with significant Hispanic and Black representation, though the majority remains White. The admission rate of 81.3% suggests a less selective environment, which could appeal to a broader range of students but might also impact the academic rigor perceived by some.
The Verdict: Is Marquette University Worth It?
Marquette University presents a complex value proposition. With an out-of-state tuition of $51,170 and a median 10-year earnings of $78,257, the immediate return on investment appears modest, especially when factoring in median debt of $23,940. The ROI score of -62 further underscores this concern, suggesting that, on average, graduates may not recoup their investment quickly compared to national benchmarks. However, this figure doesn't tell the whole story. Marquette's strong alumni network, particularly in the Midwest, and its robust career services can lead to stable, well-paying jobs in high-demand fields like healthcare and finance. For students who leverage these resources effectively and secure positions in higher-paying sectors or in high-cost-of-living areas, the earnings potential can significantly outpace the median. The debt-to-earnings ratio is manageable, with median debt being roughly 30% of median annual earnings. A direct comparison: if a graduate earns $85,000 annually, their debt would be paid off in approximately 3-4 years, assuming reasonable living expenses and loan interest rates. While not a 'hidden gem' in terms of immediate financial payoff, Marquette can be a worthwhile investment for students seeking a strong regional network and career support in specific industries, provided they are strategic about their career path post-graduation. It's a solid, but not exceptional, value.
Return on Investment
With median 10-year earnings of $78,257 and a median debt of $23,940, Marquette University's ROI score of -62 indicates that the financial benefits of a degree may not significantly outweigh the costs and debt accumulated.
Debt Reality Check
Median student debt at Marquette University: $23,940. Monthly payment on a standard 10-year plan: $272/month. Total repaid: $32,640 ($8,700 in interest).
Breakeven vs high school diploma: 0.5 years. Debt burden: Low. Salary needed for comfortable repayment: $32,640.
Strengths
- High graduation rate (81.7%)
- Relatively strong post-graduation earnings ($78,257 median after 10 years)
Weaknesses
- High tuition ($51,170) relative to ROI score
- Moderate admission selectivity (81.3% admission rate)
Academic Profile
Marquette University boasts a strong academic reputation, particularly recognized for its programs in engineering, business, nursing, and law. The College of Engineering is a standout, offering robust undergraduate and graduate programs with a focus on hands-on learning and research. The College of Business Administration is AACSB-accredited and known for its strong ties to the Milwaukee business community, providing students with valuable internship and networking opportunities. The College of Nursing is consistently ranked among the best in the nation, preparing graduates for high-demand healthcare roles. Faculty quality is a key strength, with a student-faculty ratio of approximately 14:1, suggesting ample opportunity for personalized interaction. While specific faculty salaries are not provided, the university's commitment to attracting and retaining top talent is evident in its academic offerings. Research opportunities are plentiful, especially for undergraduates, with many departments encouraging participation in faculty-led projects. The Honors Program offers a challenging curriculum and enriched academic experience for high-achieving students, including priority registration and smaller class sizes. Marquette also promotes global learning through a variety of study abroad programs, allowing students to gain international perspectives. Academic support is robust, with resources like the Learning Support Services offering tutoring, academic coaching, and workshops to help students succeed.
Financial Aid Guide for Marquette University
Marquette University employs a comprehensive approach to financial aid, aiming to make its private education accessible. Merit-based scholarships are a significant component, awarded automatically based on academic achievement (GPA and standardized test scores, though these are currently optional for admission). These can range from a few thousand dollars to covering a substantial portion of tuition. Need-based aid, determined by the FAFSA and CSS Profile, is also crucial. For families with an Expected Family Contribution (EFC) of, say, $10,000, a typical aid package might combine federal grants (like Pell, if eligible), state grants, Marquette grants, and potentially federal loans and work-study. For families with higher incomes, merit scholarships become the primary form of institutional aid. Work-study opportunities are available, offering students the chance to earn money through part-time campus jobs. It's important to note that while Marquette is a private institution with a sticker price around $51,170, the net price after aid can be significantly lower for many students. For instance, families with incomes below $75,000 might see their net price reduced to below $25,000-$30,000 through a combination of grants and scholarships. Scholarship tips include applying early, completing the FAFSA and CSS Profile by the priority deadlines (typically February 1st), and exploring external scholarships. Negotiating aid at Marquette is possible, particularly if you have a competing offer from a similarly ranked institution, but it's generally more effective for merit aid than for need-based grants.
Hidden Costs at Marquette University
- Room and board costs can add an estimated $15,000 - $18,000 per academic year, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can range from $1,000 to $1,500 annually, with some specialized courses requiring more expensive resources.
- Student activity fees, technology fees, and other miscellaneous campus fees can total around $1,000 - $1,500 per year.
- Transportation costs, including commuting, public transit passes, or occasional travel home, can add $500 - $2,000 annually.
- Personal expenses, such as toiletries, laundry, entertainment, and snacks, can easily amount to $1,500 - $3,000 per year.
- Health insurance is required for all students; if not covered by a parent's plan, the university's student health insurance plan costs approximately $2,500 - $3,500 per year.
- Parking permits for students living off-campus or with cars can cost $300 - $600 annually.
Alumni Outcomes & Career Paths
Marquette University graduates are well-positioned in a variety of sectors, with a strong presence in the Midwest. Major employers actively recruiting from Marquette include prominent names like Northwestern Mutual, GE Healthcare, Rockwell Automation, and Kohl's, particularly for business, engineering, and health sciences majors. The financial services industry, healthcare, manufacturing, and technology are key areas where alumni cluster. For instance, many graduates find roles in finance and insurance in Milwaukee's robust financial district, while others enter the healthcare sector, leveraging Marquette's strong nursing and physician assistant programs. Graduate school placement is also a significant outcome, with alumni pursuing advanced degrees in law, medicine, and various business fields at institutions nationwide. Notable alumni include actor and comedian Chris Farley, ESPN broadcaster Bill Schroeder, and former NBA player Dwyane Wade, showcasing a diverse range of career paths. Marquette's Career Services offers robust support, including resume workshops, career fairs, and alumni networking events, which contribute to a strong internship pipeline. Students frequently secure internships with companies like Harley-Davidson, Baird, and Froedtert Health, providing invaluable real-world experience. Geographic hiring patterns show a strong concentration of alumni in Wisconsin, particularly the Milwaukee metropolitan area, but also significant numbers in Chicago, Minneapolis, and other major Midwestern cities, with a growing presence on the East and West Coasts in tech and finance.
Campus Life & Culture at Marquette University
Marquette's student body is a diverse mix, drawing students from across Wisconsin, the Midwest, and nationally, with a growing international presence. Students who thrive here are typically engaged, community-minded individuals who appreciate the blend of rigorous academics and a commitment to social justice and service, embodying the university's Jesuit mission.
Marquette University, nestled in the heart of Milwaukee, offers a vibrant campus life that blends urban energy with a strong sense of community. The university's location means students have easy access to the city's cultural attractions, dining, and entertainment, while the campus itself provides a more traditional collegiate feel. The 'Golden Eagle' spirit is palpable, especially on game days when students rally around the men's and women's basketball teams at the Fiserv Forum, a downtown arena shared with the Milwaukee Bucks. Beyond athletics, student organizations are a cornerstone of the Marquette experience, with over 200 clubs and groups catering to diverse interests, from the Student Government Association and the Marquette Tribune newspaper to numerous cultural, academic, and service-oriented groups. Greek life is present and active, with several fraternities and sororities contributing to the social fabric through events and philanthropy. Housing options range from traditional residence halls on campus for underclassmen, like Cobeen Hall and Straz Hall, to off-campus apartments in the surrounding neighborhoods, which offer a more independent living experience. Dining services provide a variety of options, including campus dining halls and retail locations, with meal plans designed to accommodate different student needs. The overall vibe is one of engaged learning and community involvement, with students encouraged to be active participants both on and off campus, embodying the Jesuit tradition of 'cura personalis' – care for the whole person.
Campus Highlights
- The iconic Joan of Arc Chapel, a 15th-century French chapel relocated to campus.
- Strong Jesuit tradition emphasizing 'cura personalis' (care for the whole person) and service.
- Vibrant urban campus integrated with the city of Milwaukee, offering easy access to amenities.
- The 'Golden Eagle' spirit, particularly evident in passionate support for men's and women's basketball.
- Proximity to the Fiserv Forum, home of the Milwaukee Bucks and Marquette basketball.
- A strong emphasis on undergraduate research opportunities across various disciplines.
- The beautiful grounds and architecture, including Johnston Hall and the Alumni Memorial Union.
Location & Regional Advantages
Marquette University's location in Milwaukee, Wisconsin, offers a compelling blend of urban advantages and Midwestern affordability. The local job market is diverse, with strengths in healthcare (Froedtert Health, Aurora Health Care), finance (Northwestern Mutual, Baird), manufacturing (Rockwell Automation, GE Healthcare), and brewing (MillerCoors). Milwaukee is also within a reasonable driving distance of Chicago, a major national hub for finance, technology, and media, providing expanded career opportunities and internship possibilities. The cost of living in Milwaukee is significantly lower than in coastal cities or even Chicago, making the overall financial burden of attending and living post-graduation more manageable. The city boasts a good quality of life with a vibrant arts scene, numerous festivals, a beautiful lakefront, and a growing culinary landscape. While like any urban center, safety is a consideration, Milwaukee generally offers a safe environment, especially in its well-established neighborhoods and university district. The proximity to Lake Michigan provides recreational opportunities, and the city's infrastructure supports a comfortable lifestyle. This strategic location allows Marquette graduates to tap into a strong regional economy while enjoying a more affordable lifestyle, enhancing the long-term value of their degree.
How to Get Into Marquette University
Marquette University employs a holistic review process, meaning they consider a wide range of factors beyond just GPA and test scores. While the admission rate is relatively high at 81.3%, demonstrating a genuine interest and fit with Marquette's Jesuit values is crucial. Early Action (EA) is available, which can be advantageous for students who have Marquette as a top choice, allowing them to receive an early decision and potentially ease some of the application stress. The admissions committee looks for students who are academically prepared, engaged in their communities, and demonstrate a commitment to service and leadership. Strong essays that reflect on personal growth, challenges overcome, or alignment with Marquette's mission are highly valued. While SAT/ACT scores are not a primary focus (and are optional), if submitted, they should be within a competitive range for admitted students. Focus on showcasing your extracurricular involvement, leadership roles, and any volunteer or work experience. Demonstrated interest can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. The ideal timeline involves having your application, including transcripts, letters of recommendation, and essays, submitted by the priority deadlines (typically December 1st for EA and January 15th for regular decision) to ensure full consideration for both admission and scholarships.
How Marquette University Compares to Similar Schools
Similar schools: University of Wisconsin-Madison, University of Notre Dame, Loyola University Chicago, Creighton University
Advantages
- Stronger emphasis on Jesuit values and a more intimate campus community.
- Excellent location within Milwaukee, offering a distinct urban experience compared to more suburban or rural peers.
- Highly regarded programs in specific fields like physical therapy, dental hygiene, and nursing, often with strong local and regional employer partnerships.
Disadvantages
- Higher sticker price compared to in-state options at public universities like UW-Madison.
- Smaller endowment and research budget compared to larger, more research-intensive universities.
- Less national brand recognition than highly selective institutions like Notre Dame.
Best For
- Students prioritizing a high graduation rate
- Students seeking a medium-sized university experience in Milwaukee
Avoid If
- You are primarily focused on maximizing financial return on investment
- You are looking for a highly selective institution
Frequently Asked Questions about Marquette University
Is Marquette University a good financial investment given its ROI score?
Marquette University's ROI score of -62 suggests that the financial return on investment may not be strong, with median earnings not fully offsetting the cost of attendance and debt.
What is the graduation rate at Marquette University?
Marquette University has a strong graduation rate of 81.7%.
How selective is Marquette University's admissions process?
Marquette University has an admission rate of 81.3%, indicating it is not highly selective.
What are the typical earnings for Marquette University graduates?
The median earnings for Marquette University graduates 10 years after entry are $78,257.
Is the cost of attending Marquette University justified by the outcomes?
Based on the provided ROI score of -62, the cost of attending Marquette University may not be fully justified by the financial outcomes for many students.
What is the acceptance rate at Marquette University and how hard is it to get in?
Marquette University's admission rate hovers around 81.3%, indicating that it is a moderately selective institution. While not as competitive as highly selective universities, admission is not guaranteed. To increase your chances, focus on presenting a strong academic profile. This includes maintaining a solid GPA, typically in the B+ to A- range, and demonstrating rigor in your coursework, such as taking AP or IB classes if available. Standardized test scores, if submitted, should be competitive; the middle 50% of admitted students often score in the range of 1100-1300 on the SAT or 23-29 on the ACT. Beyond grades and scores, Marquette values a well-rounded applicant. Engage in meaningful extracurricular activities, demonstrate leadership, and articulate your interests and goals clearly in your application essays. Strong letters of recommendation from teachers and counselors who know you well can also significantly bolster your application. Early application options, like Early Action, can sometimes provide a slight advantage by showing demonstrated interest. Overall, while the acceptance rate is high, a focused and well-prepared application is key to securing admission.
Is Marquette University worth the money?
Marquette University's value proposition is a nuanced one. With an out-of-state tuition of $51,170 and a median 10-year earning of $78,257, the immediate financial return appears modest, especially considering the median debt of $23,940. The reported ROI score of -62 suggests that, on average, graduates may not see a rapid financial return compared to national averages. However, this statistic doesn't capture the full picture. Marquette's strong alumni network, particularly within the Midwest, and its dedicated career services can facilitate access to stable, well-compensated careers in fields like healthcare, finance, and engineering. For students who strategically leverage these resources and secure positions in higher-paying sectors or in regions with a higher cost of living, their earning potential can significantly exceed the median. The debt-to-earnings ratio is generally manageable; the median debt is approximately 30% of the median annual earnings. This means a graduate earning $85,000 annually could potentially pay off their debt within 3-4 years, assuming reasonable loan interest rates and living expenses. Therefore, while Marquette may not be a 'get rich quick' investment, it can offer solid long-term value for students who are focused on career outcomes and utilize the university's extensive support systems.
What are the best majors at Marquette University?
Marquette University excels in several key areas, making certain majors particularly strong choices. The College of Health Sciences is highly regarded, with programs like Physical Therapy, Physician Assistant Studies, and Nursing consistently ranking well and feeding into a robust regional healthcare job market. Graduates from these programs often find immediate employment at major Milwaukee-area health systems like Froedtert Health and Aurora Health Care. The College of Business Administration is another standout, particularly its programs in Finance, Accounting, and Commercial Real Estate. These majors benefit from strong ties to Milwaukee's financial sector, with companies like Northwestern Mutual and Baird actively recruiting Marquette students. For those interested in engineering, the College of Engineering offers strong programs in Mechanical, Electrical, and Biomedical Engineering, attracting employers such as GE Healthcare and Rockwell Automation. The College of Arts and Sciences also offers solid programs, with English, Psychology, and Political Science providing a good foundation for graduate studies or diverse career paths. Ultimately, the 'best' major depends on individual interests, but programs with strong industry connections and high demand, particularly in health sciences and business, tend to offer the most direct career advantages.
What is student life like at Marquette University?
Student life at Marquette University is characterized by its vibrant campus community, rooted in its Jesuit tradition and urban setting. The university fosters a strong sense of belonging through numerous student organizations, clubs, and intramural sports. With over 200 student organizations, there's something for nearly every interest, from academic clubs and cultural groups to volunteer initiatives and recreational sports. As a Division I athletic program, Marquette's Golden Eagles teams, particularly men's basketball, generate significant school spirit and provide exciting entertainment options. The campus is located in the heart of Milwaukee, offering students easy access to the city's cultural attractions, restaurants, festivals, and professional sporting events. This urban integration means student life extends beyond campus boundaries, providing ample opportunities for internships, part-time jobs, and exploration. Socially, Marquette strikes a balance between campus-focused activities and city engagement. While there are many events and gatherings on campus, students are also encouraged to experience Milwaukee. The university emphasizes community service, reflecting its Catholic, Jesuit mission, with many students participating in local outreach programs. Overall, student life is active, community-oriented, and enriched by its dynamic urban environment.
How much financial aid does Marquette University give?
Marquette University is committed to making its education accessible through a variety of financial aid options. A significant portion of students receive some form of financial assistance. For the most recent academic year, approximately 97% of first-time, full-time undergraduate students received financial aid. This aid comes in various forms, including merit-based scholarships, need-based grants, federal loans, and work-study programs. Merit scholarships are awarded based on academic achievement, while need-based aid is determined by a student's financial circumstances as assessed through the FAFSA and CSS Profile. Federal aid, such as Pell Grants and federal student loans, is also a major component. Marquette also offers specific scholarships tied to particular programs or demographics. While the average financial aid package can vary widely, it's designed to help bridge the gap between the cost of attendance and a family's ability to pay. Prospective students are strongly encouraged to complete the FAFSA and, if applicable, the CSS Profile by the priority deadlines to maximize their eligibility for all types of aid. The university's financial aid office provides resources and counseling to help students navigate the application process and understand their options.
What salary can I expect after graduating from Marquette University?
The salary expectations for Marquette University graduates vary significantly by major and industry. The university reports a median 10-year earnings figure of $78,257, but this is an average across all alumni. Graduates from high-demand fields often see higher starting salaries. For instance, those in the College of Health Sciences, such as nursing or physical therapy graduates, can expect strong starting salaries, often in the $60,000-$80,000 range, with significant potential for growth within major healthcare systems in the region. Engineering graduates, particularly in fields like biomedical or electrical engineering, typically start in the $65,000-$85,000 range, with opportunities at companies like GE Healthcare and Rockwell Automation. Business graduates, especially in accounting and finance, can also command competitive starting salaries, often between $55,000-$75,000, with pathways to higher earnings in the financial services sector. Graduates pursuing advanced degrees in law or medicine will have different earning trajectories. It's important to note that geographic location also plays a role; salaries in Milwaukee may be lower than in major coastal cities, but the cost of living is also considerably less. Leveraging Marquette's strong alumni network and career services can significantly enhance earning potential by connecting graduates with higher-paying opportunities.
What are the dorms like at Marquette University?
Marquette University offers a range of on-campus housing options designed to support student success and community building. First-year students are typically required to live on campus, ensuring a foundational experience within the university community. The university boasts several residence halls, each with its own character and amenities. Traditional residence halls like Cobeen Hall and McCormick Hall offer double-occupancy rooms with shared floor bathrooms, fostering a communal living environment. Newer facilities, such as Straz Hall and The Commons, provide suite-style living with private bathrooms shared among a small group of students, offering a bit more privacy. All residence halls are equipped with basic furnishings, Wi-Fi, laundry facilities, and common areas for studying and socializing. Many halls also have dedicated Resident Assistants (RAs) to provide support and programming. Marquette emphasizes safety, with secure building access and 24/7 campus safety patrols. While the dorms provide a convenient and integrated living experience, students often describe them as comfortable and conducive to forming friendships, though room size can be typical for university housing. Upperclassmen have options for on-campus apartments or can choose to live off-campus in the surrounding Milwaukee neighborhoods.
Is Marquette University a good school for research?
Marquette University provides undergraduate students with numerous opportunities to engage in research, particularly within its strong STEM and health science programs. While it may not be classified as a top-tier R1 research institution like some larger public universities, Marquette actively encourages faculty-mentored research. Undergraduates can get involved through various avenues, including the Undergraduate Research Symposium, which showcases student work, and specific programs like the Summer Research Program. Faculty across departments, from biomedical engineering and chemistry to psychology and political science, often seek undergraduate assistants for their research projects. Students can initiate contact with professors whose research interests align with their own. While opportunities might be more concentrated in fields like the College of Health Sciences (e.g., research in physical therapy, biomedical sciences) and the College of Engineering (e.g., materials science, robotics), research is accessible across the curriculum. The university invests in research infrastructure, providing labs and resources necessary for meaningful inquiry. For students seeking hands-on research experience that complements their coursework and prepares them for graduate studies or research-oriented careers, Marquette offers a supportive and accessible environment.
How does Marquette University compare to similar schools?
Marquette University occupies a distinct niche when compared to its peers. It is often considered alongside other private Jesuit universities like Loyola University Chicago and Creighton University, as well as strong regional public institutions like the University of Wisconsin-Madison. Compared to Loyola Chicago and Creighton, Marquette shares a similar commitment to Jesuit values and often offers comparable programs in business and health sciences. However, Marquette's urban Milwaukee location provides a different campus feel than Loyola's Chicago campus or Creighton's Omaha setting. Against UW-Madison, Marquette offers a more intimate, private university experience versus a large public research university. While UW-Madison might have broader name recognition and a larger research output, Marquette often excels in providing more personalized attention and a stronger sense of community. In terms of outcomes, Marquette's alumni network is particularly strong within Wisconsin and the broader Midwest, potentially offering more targeted regional opportunities than a large public university with a more dispersed alumni base. Its sticker price is higher than UW-Madison's in-state tuition but competitive with other private institutions.
What do employers think of a degree from Marquette University?
Employers generally hold a positive view of Marquette University graduates, particularly within the Midwest. The university has cultivated a reputation for producing well-prepared, diligent, and ethically grounded professionals, largely due to its Jesuit tradition and strong emphasis on career development. Companies in Milwaukee and the surrounding region, such as Northwestern Mutual, GE Healthcare, Rockwell Automation, and Froedtert Health, actively recruit Marquette students and alumni, indicating strong employer recognition and trust in the quality of education and the caliber of graduates. Marquette's career services are often cited as a key asset, helping to connect students with internships and full-time positions, which in turn builds employer familiarity with the university's talent pool. The alumni network is also a significant factor; engaged alumni often advocate for Marquette graduates within their organizations. While Marquette might not have the same level of national brand recognition as Ivy League or other top-tier research universities, its graduates are highly valued for their practical skills, work ethic, and readiness for the workforce, especially in fields like business, engineering, and health sciences.
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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.