McPherson College
McPherson, KS 67460-1402 — Private Nonprofit
Value Score: 60/100 | ROI Score: -65 | Affordability Score: 55/100
Tuition (In-State): $37,310 | Out-of-State: $37,310
Acceptance Rate: 76.8% | Graduation Rate: 43.7% | Retention Rate: 65.1%
Median Earnings (10yr): $52,084 | Median Debt: $25,242
SAT Average: 1058
Student Body Size: 872 (small)
Pell Grant Recipients: 37.9% | Federal Loan Rate: 63.7%
Average Faculty Salary: $7,375/month
Tuition & Affordability Analysis
In-state tuition at McPherson College is $37,310 per year, which is 5% below the national average for private institutions.
Out-of-state students pay $37,310/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: $149,240 (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 McPherson College:
- Families earning $0–$30,000: $22,587/year
- Families earning $30,001–$48,000: $20,939/year
- Families earning $48,001–$75,000: $28,655/year
- Families earning $75,001–$110,000: $28,737/year
- Families earning $110,000+: $31,043/year
Low-income families receive an average discount of $14,723/year, paying just 61% of the sticker price.
Admissions Snapshot
McPherson College has an acceptance rate of 76.8%, placing it in the Less Selective (70–85%) category. This means roughly 284 students apply each year.
The average SAT score of admitted students is 1058, near the national average. This is within the mid-range nationally.
Graduate Outcomes & Return on Investment
43.7% of students at McPherson College complete their degree, 30% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 65.1% (20% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of McPherson College earn a median salary of $52,084 ten years after enrollment, 27% above the national average. This represents a $17,084/year earnings premium over the average high school diploma holder, or $512,520 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $25,242, 17% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $274/month, with a total repayment of $32,880 (including $7,638 in interest).
Debt-to-Earnings Ratio: 0.48x. 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 McPherson College pays for itself in approximately 9 years. This is a reasonable investment timeline.
Financial Aid Profile
37.9% of students at McPherson College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 15% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
63.7% of students take federal loans, 36% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $7,375/month, 15% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
McPherson College enrolls 872 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 69/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 52%, Hispanic 14%, Black 14%, Asian 2%.
McPherson College: Small Class Sizes and Personalized Education with Competitive Earnings
- McPherson College: A Niche Education with a Questionable Financial Return
- Beyond the Classroom: Exploring Career Paths and Outcomes for McPherson College Graduates
- Small Town, Big Dreams? What Life is Like at McPherson College
Report Card: Overall Grade D+
McPherson College receives an overall grade of D+ based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C+
- Affordability: B
College Analysis
McPherson College is a Private Nonprofit institution in McPherson, KS with approximately 872 students. McPherson College has a strong focus on small class sizes and personalized education, with a graduation rate of 43.67%. The college offers competitive earnings potential with a median 10-year earnings of $52,084, but the ROI is negative. McPherson College has a diverse student body with a significant proportion of Hispanic students, reflecting the local demographics. The college's tuition is relatively high, but the affordability score is moderate.
The Verdict: Is McPherson College Worth It?
McPherson College presents a challenging value proposition, with a significant disparity between the median earnings of its graduates and the cost of attendance. The out-of-state tuition of $37,310, combined with the median debt of $25,242, places a considerable financial burden on students. The median 10-year earnings of $52,084 are modest, especially when compared to national averages for college graduates. This results in a negative ROI score of -65, indicating that, on average, graduates earn less over a decade than the cost of their education and associated debt. A direct comparison shows that the median 10-year earnings are only about $15,000 more than the annual tuition. With a median debt of $25,242, and assuming a typical 10-year repayment plan with interest, monthly payments could be around $250-$300. Earning $52,084 annually means a gross monthly income of approximately $4,340. After taxes and debt repayment, disposable income could be tight, especially if graduates do not secure higher-paying positions or experience career advancement. McPherson College is not a good deal based on these financial metrics; it appears overpriced relative to the typical post-graduation financial outcomes. Graduates seeking a strong financial return on investment would likely find better value at other institutions. A clear recommendation is to approach McPherson College with extreme caution regarding its financial value, prioritizing students who may receive substantial institutional aid or who are pursuing specific, niche programs with demonstrably higher earning potential not reflected in the median data.
Return on Investment
Given the high tuition and negative ROI, the degree may not be worth the cost for many students.
Debt Reality Check
Median student debt at McPherson College: $25,242. Monthly payment on a standard 10-year plan: $287/month. Total repaid: $34,440 ($9,198 in interest).
Breakeven vs high school diploma: 1.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $34,440.
Strengths
- Strong focus on small class sizes and personalized education.
- Competitive earnings potential.
- Diverse student body.
Weaknesses
- Negative ROI.
- High tuition.
Academic Profile
SAT Average: 1058. Retention Rate: 65.1%.
McPherson College's academic identity is strongly shaped by its commitment to experiential learning and career readiness, particularly evident in its unique Automotive Restoration program, which has garnered national attention and attracts students passionate about preserving automotive history. Beyond this flagship program, the college offers a solid range of liberal arts and professional programs. Departments like Business Administration, Education, and Psychology are popular choices, benefiting from small class sizes and dedicated faculty. The student-faculty ratio, though not explicitly provided, is likely quite low given the overall enrollment, allowing for personalized attention and mentorship. Faculty quality can be inferred from the college's commitment to providing a supportive academic environment; while specific salary data is unavailable, the focus on student success suggests a faculty invested in teaching and advising. Research opportunities, while perhaps not as extensive as at large research universities, are available, especially for students in science and social science fields who can work closely with professors on individual projects. The Honors Program provides an enriched academic experience for high-achieving students, offering advanced coursework and opportunities for independent study. Academic support is robust, with resources like the Academic Success Center offering tutoring, writing assistance, and academic coaching to ensure students have the tools they need to succeed. Study abroad options, though potentially limited by the college's size, are available through partnerships, offering students a chance to broaden their horizons.
Financial Aid Guide for McPherson College
Pell Grant recipients: 37.9%. Students taking federal loans: 63.7%.
Navigating financial aid at McPherson College involves understanding both merit-based and need-based opportunities. Given its private, nonprofit status and a tuition of $37,310, financial aid packages are crucial for most students. McPherson College is known to offer a range of merit scholarships, often awarded automatically based on academic achievement (GPA and standardized test scores, though these are not explicitly provided here). These scholarships can significantly reduce the sticker price. Need-based aid, determined by the FAFSA, is also a critical component. Families can expect a combination of grants (which do not need to be repaid), federal loans, and potentially work-study opportunities. For families with an annual income below $50,000, a substantial portion of tuition might be covered by grants and scholarships, potentially bringing the net cost down considerably. For those with higher incomes, merit aid will likely play a larger role. Work-study positions are available, offering students the chance to earn money through on-campus employment, typically paying around the federal minimum wage. Scholarship tips include applying early, exploring external scholarships from community organizations and professional associations, and highlighting unique talents or experiences in application essays. Negotiating aid at McPherson College is possible, especially if you have competing offers from similar institutions, but it's advisable to approach this professionally and with clear documentation of other offers. The college aims to make its education accessible, so proactive communication with the financial aid office is key.
Hidden Costs at McPherson College
- Room and board costs can range from $10,000 to $13,000 annually, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can add an estimated $1,000 to $1,500 per academic year.
- Student activity fees, often around $200-$300 per semester, support campus events and organizations.
- Personal expenses, including toiletries, laundry, and entertainment, can easily amount to $1,500-$2,000 per year.
- Transportation costs, especially for students who travel home frequently or need a car, can vary widely but should be budgeted for.
- Parking permits, if a student brings a vehicle to campus, typically cost between $100-$200 annually.
- Health insurance, if not covered by a parent's plan, can add another $2,000-$3,000 per year.
Alumni Outcomes & Career Paths
McPherson College, a small private institution in Kansas, positions its graduates for careers primarily within the Midwest, with a notable concentration in industries that align with the regional economy. While specific major employer data for McPherson College graduates is not publicly detailed, common recruitment patterns for similar liberal arts colleges in the region suggest that local and regional businesses, including agricultural firms, manufacturing companies, and healthcare providers, are key destinations. Industries where alumni tend to cluster include education, healthcare, business services, and manufacturing. For instance, graduates might find roles at companies like Cargill (agriculture), Textron Aviation (aerospace manufacturing, with facilities in Wichita), or regional healthcare systems such as Ascension Via Christi. Graduate school placement rates are not prominently advertised, indicating it may not be a primary focus or a significant outcome for the majority of its alumni. Notable alumni are also not widely publicized, which is common for smaller institutions. The career services department at McPherson College likely focuses on providing personalized support, resume building, interview practice, and connecting students with internship and job opportunities. Internship pipelines are crucial for McPherson graduates, often leading to full-time employment. These opportunities are frequently found through local business partnerships and alumni networks, providing hands-on experience in fields like automotive restoration (a unique program at McPherson), business administration, and education. Geographic hiring patterns show a strong tendency for graduates to remain in Kansas or nearby Midwestern states, leveraging the established regional networks and the lower cost of living compared to coastal areas. Some may move to larger metropolitan areas like Kansas City or Denver for broader opportunities, but the core of the alumni base is rooted in the immediate vicinity.
Campus Life & Culture at McPherson College
McPherson College attracts a student body primarily from Kansas and surrounding Midwestern states, fostering a grounded and community-oriented environment. The student who thrives here is often independent, community-minded, and seeks a supportive academic setting where personal connections are valued over anonymity. Students with a passion for hands-on learning, particularly in fields like automotive restoration, will find a particularly welcoming home.
McPherson College, nestled in the heart of Kansas, cultivates a close-knit and community-focused campus environment. With a student body of just under 900, the college emphasizes personal connections and a supportive atmosphere. The 'vibe' here is often described as friendly, down-to-earth, and deeply rooted in its McPherson community. Residential life is a cornerstone, with most students living on campus for at least their first two years. The main residential halls, like Ruth Hall and Brown Hall, are central hubs for social activity and academic support. Beyond the dorms, students can find apartment-style living options as they progress through their studies. Dining services are primarily handled through the main campus dining hall, offering a variety of meal plans to suit different needs. Student organizations are plentiful and diverse, ranging from academic clubs tied to specific majors to a vibrant intramural sports scene that keeps students active and engaged. The McPherson College Bulldogs compete in the NAIA, with popular sports including football, basketball, and volleyball, drawing enthusiastic crowds to games. While Greek life isn't a dominant force, there are opportunities for involvement in social clubs that offer a similar sense of belonging. A unique aspect of McPherson College is its strong emphasis on service and community engagement, with many students participating in local volunteer efforts. The relatively small size fosters a sense of shared experience, where students are likely to know each other across different academic disciplines and social circles. Campus events, often organized by student government or specific clubs, are well-attended and contribute to a lively, albeit not overwhelming, social calendar.
Campus Highlights
- The nationally recognized Automotive Restoration program, offering hands-on experience with classic vehicles.
- A strong emphasis on community service and civic engagement integrated into the student experience.
- Small class sizes fostering close relationships with faculty and peers.
- The 'Bulldog' spirit, with active participation in NAIA athletics.
- A friendly, small-town Kansas atmosphere that promotes a close-knit campus community.
- The 'McPherson Compact,' a commitment to student success and career readiness.
- Opportunities for unique student-led initiatives and projects.
Location & Regional Advantages
McPherson, Kansas, offers a unique geographic setting for McPherson College, characterized by a low cost of living and a strong sense of community. The local job market is primarily driven by agriculture, manufacturing, and some service industries. Proximity to larger hubs like Wichita (approximately 50 miles south) provides access to a more diverse job market, particularly in aerospace (Textron Aviation, Spirit AeroSystems) and advanced manufacturing. However, McPherson itself is a smaller city, meaning career opportunities directly within the town may be more limited and specialized. The cost of living in McPherson is significantly lower than the national average, which can make the median debt of $25,242 more manageable for graduates who find employment locally. Quality of life in McPherson is typical of a small Midwestern town, offering a slower pace, close-knit community, and access to outdoor recreational activities. Safety is generally high, as is common in smaller towns. The weather includes distinct seasons, with hot summers and cold winters, which is a factor for those accustomed to different climates. The primary career advantage of this location is the strong regional network and the potential for graduates to fill essential roles in local industries. However, the limited proximity to major industry hubs means that graduates seeking careers in highly specialized or rapidly growing sectors (like tech or finance) might need to relocate after graduation, potentially impacting their initial career trajectory and salary expectations.
How to Get Into McPherson College
McPherson College employs a holistic review process, meaning they look beyond just grades and test scores. While specific GPA and test score ranges are not published, given the 76.8% admission rate, the college is accessible but still seeks students who will thrive in its community. Focus on presenting a strong academic record, particularly in core subjects. The admissions office values demonstrated interest and a genuine connection to the college's mission and unique programs, like Automotive Restoration. Crafting a compelling essay is crucial; consider topics that highlight your passion, resilience, or how you align with McPherson's values of service and community. If you have a specific interest in a niche program, make that clear. Early Action (EA) or Early Decision (ED) can be advantageous, signaling strong commitment, though McPherson doesn't heavily emphasize ED's binding nature as much as highly selective schools. The timeline recommendation is to apply by the priority deadline (often in February) to maximize scholarship consideration. Visiting campus, attending virtual info sessions, and engaging with admissions counselors are excellent ways to demonstrate interest. Be prepared to discuss your goals and how McPherson can help you achieve them.
How McPherson College Compares to Similar Schools
Similar schools: Bethel College (North Newton, KS), Sterling College (Sterling, KS), Friends University (Wichita, KS), Tabor College (Hillsboro, KS)
Advantages
- Unique programs like Automotive Restoration offer distinct career pathways not found at peer institutions.
- Smaller class sizes and a close-knit campus community foster strong student-faculty relationships.
- Lower cost of living in McPherson compared to larger cities where some peers are located.
Disadvantages
- Lower graduation rate (43.7%) compared to many peer institutions, suggesting potential retention or completion challenges.
- More limited access to diverse internship opportunities and major industry hubs compared to peers located in or closer to Wichita.
- Lower median earnings post-graduation compared to national averages and potentially some peers.
Best For
- Prospective students should consider the negative ROI and high tuition before enrolling.
- Students seeking high earning potential or a low-cost education may want to explore other options.
Avoid If
- Students looking for a high ROI or low tuition should avoid McPherson College.
- Those seeking a career in a small, community-oriented setting may want to consider other institutions.
Frequently Asked Questions about McPherson College
How much does it cost to attend McPherson College?
In-state tuition at McPherson College is $37,310 per year, and out-of-state tuition is $37,310 per year. The median student debt at graduation is $25,242.
What is the acceptance rate at McPherson College?
McPherson College has an acceptance rate of 76.8%.
What is the graduation rate at McPherson College?
McPherson College has a graduation rate of 43.7%.
How much do McPherson College graduates earn?
The median earnings for McPherson College graduates 10 years after enrollment is $52,084. With median debt of $25,242, graduates earn roughly 2.1x their debt level annually.
How big is McPherson College?
McPherson College has approximately 872 students and is classified as a small institution. It is located in McPherson, KS and is a Private Nonprofit institution.
Is McPherson College worth the cost?
McPherson College has an ROI score of -65 out of 100. With in-state tuition of $37,310 per year and median post-graduation earnings of $52,084, the data suggests the return on investment may be below average.
Where is McPherson College located?
McPherson College is located in McPherson, KS. It is a Private Nonprofit institution with approximately 872 students.
How much student debt do McPherson College graduates have?
The median student debt for McPherson College graduates is $25,242. With median earnings of $52,084 ten years after enrollment, graduates can expect a debt-to-income ratio of 48%.
Is McPherson College a good college?
McPherson College has a graduation rate of 43.7% and median post-graduation earnings of $52,084. Graduation rate of 43.67% with a strong focus on small class sizes and personalized education.
How does McPherson College compare to similar colleges?
High tuition but moderate affordability score. While McPherson College offers personalized education and competitive earnings, the negative ROI and high tuition make it less attractive compared to peers.
What career prospects do McPherson College graduates have?
Graduates from McPherson College are well-prepared for careers in various fields, particularly in small, community-oriented settings.
What should prospective students know about McPherson College?
McPherson College is positioned in a niche market, catering to students who value small class sizes and personalized education over high ROI.
What makes McPherson College stand out?
Significant Hispanic student population, reflecting local demographics.
What are the pros and cons of attending McPherson College?
Median 10-year earnings of $52,084.
Explore More
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Similar Schools
- Bethel College (North Newton, KS)
- Sterling College (Sterling, KS)
- Friends University (Wichita, KS)
- Tabor College (Hillsboro, KS)
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Visit McPherson College official website
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.