Marquette University
Milwaukee, WI 53233 — Private Nonprofit
Value Score: 70/100 | ROI Score: -62 | Affordability Score: 55/100
Tuition (In-State): $51,170 | Out-of-State: $51,170
Acceptance Rate: 81.3% | Graduation Rate: 81.7% | Retention Rate: 91.0%
Median Earnings (10yr): $78,257 | Median Debt: $23,940
SAT Average: 1310 | ACT Midpoint: 28
Student Body Size: 7,660 (medium)
Pell Grant Recipients: 18.4% | Federal Loan Rate: 38.4%
Average Faculty Salary: $11,059/month
Tuition & Affordability Analysis
In-state tuition at Marquette University is $51,170 per year, which is 30% above the national average for private institutions.
Out-of-state students pay $51,170/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $204,680 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Marquette University:
- Families earning $0–$30,000: $22,269/year
- Families earning $30,001–$48,000: $18,916/year
- Families earning $48,001–$75,000: $27,378/year
- Families earning $75,001–$110,000: $32,374/year
- Families earning $110,000+: $36,813/year
Low-income families receive an average discount of $28,901/year, paying just 44% of the sticker price.
Admissions Snapshot
Marquette University has an acceptance rate of 81.3%, placing it in the Less Selective (70–85%) category. This means roughly 2,354 students apply each year.
Marquette University accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
The average SAT score of admitted students is 1310, 24% above the national average. This reflects a strong academic student body.
The ACT midpoint is 28, 33% above the national average.
Graduate Outcomes & Return on Investment
81.7% of students at Marquette University complete their degree, 32% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.
First-year retention rate: 91.0% (12% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.
Graduates of Marquette University earn a median salary of $78,257 ten years after enrollment, 91% above the national average. This represents a $43,257/year earnings premium over the average high school diploma holder, or $1,297,710 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $23,940, 11% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $260/month, with a total repayment of $31,200 (including $7,260 in interest).
Debt-to-Earnings Ratio: 0.31x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Marquette University pays for itself in approximately 5 years. This is an excellent return on investment.
Financial Aid Profile
18.4% of students at Marquette University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 44% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
38.4% of students take federal loans, 18% below the national average. This is a moderate borrowing rate.
Average faculty salary: $11,059/month, 27% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Marquette University enrolls 7,660 undergraduate students. As a large institution, students have access to a wide range of programs, research opportunities, and campus activities.
Diversity Index: 53/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 66%, Hispanic 16%, Black 5%, Asian 6%.
Marquette University: Strong Academic Outcomes and High-Earning Potential
- Marquette University: Building Careers in the Heart of the Midwest
- Beyond the Degree: Unpacking Marquette's Post-Graduation Success
- Milwaukee's Jesuit Gem: Value and Opportunity at Marquette
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 is a Private Nonprofit institution in Milwaukee, WI with approximately 7,660 students. Marquette University has a strong graduation rate and high median earnings, indicating good academic and career outcomes. The university offers a diverse student body, with a significant Hispanic population, reflecting its commitment to inclusivity. Despite its high tuition, Marquette's median earnings 10 years post-graduation are competitive with peer institutions, suggesting a good return on investment.
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
While Marquette University offers strong academic programs and high earnings, the high tuition and negative ROI make it less financially attractive compared to other institutions.
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
- Strong academic programs and high graduation rates.
- High median earnings 10 years post-graduation.
- Diverse student body with a significant Hispanic population.
Weaknesses
- High tuition costs with a negative ROI.
- Limited financial aid options for students from lower-income backgrounds.
- Less diverse range of tuition options compared to public universities.
Academic Profile
SAT Average: 1310. ACT Midpoint: 28. Retention Rate: 91.0%.
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
Pell Grant recipients: 18.4%. Students taking federal loans: 38.4%.
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 seeking a lower-cost education may find more affordable options with similar outcomes.
- Those looking for a more diverse range of tuition options might consider public universities with comparable programs.
Avoid If
- Students with a preference for lower tuition costs should avoid Marquette University.
- Those seeking a more diverse student body with a lower Hispanic population might consider other institutions.
Frequently Asked Questions about Marquette University
How much does it cost to attend Marquette University?
In-state tuition at Marquette University is $51,170 per year, and out-of-state tuition is $51,170 per year. The median student debt at graduation is $23,940.
What is the acceptance rate at Marquette University?
Marquette University has an acceptance rate of 81.3%.
What is the graduation rate at Marquette University?
Marquette University has a graduation rate of 81.7%.
How much do Marquette University graduates earn?
The median earnings for Marquette University graduates 10 years after enrollment is $78,257. With median debt of $23,940, graduates earn roughly 3.3x their debt level annually.
How big is Marquette University?
Marquette University has approximately 7,660 students and is classified as a medium institution. It is located in Milwaukee, WI and is a Private Nonprofit institution.
Is Marquette University worth the cost?
Marquette University has an ROI score of -62 out of 100. With in-state tuition of $51,170 per year and median post-graduation earnings of $78,257, the data suggests the return on investment may be below average.
Where is Marquette University located?
Marquette University is located in Milwaukee, WI. It is a Private Nonprofit institution with approximately 7,660 students.
How much student debt do Marquette University graduates have?
The median student debt for Marquette University graduates is $23,940. With median earnings of $78,257 ten years after enrollment, graduates can expect a debt-to-income ratio of 31%.
Is Marquette University a good college?
Marquette University has a graduation rate of 81.7% and median post-graduation earnings of $78,257. Graduation rate of 81.69% is above the national average for private universities.
How does Marquette University compare to similar colleges?
Hispanic student population is 15.9%, reflecting a diverse student body. Compared to peer institutions, Marquette University offers strong academic outcomes and high earnings, but the high tuition and negative ROI make it less financially attractive.
What career prospects do Marquette University graduates have?
Graduates of Marquette University are well-positioned for high-paying careers, making it a good choice for students aiming for professional success.
What should prospective students know about Marquette University?
Marquette University is well-regarded in the Midwest, particularly for its strong academic programs and career outcomes.
What makes Marquette University stand out?
Median earnings 10 years post-graduation are $78,257, indicating strong career prospects.
What are the pros and cons of attending Marquette University?
Tuition is high at $51,170, but the ROI is negative, suggesting potential financial risks.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.