CollegeTuitionData — College Data in Plain English

Parker University

Dallas, TX 75229-5668 — Private Nonprofit

Value Score: 65/100 | ROI Score: -41 | Affordability Score: 75/100

Tuition (In-State): $17,893 | Out-of-State: $17,893

Graduation Rate: 73.1% | Retention Rate: 50.0%

Median Earnings (10yr): $42,091 | Median Debt: $12,288

Student Body Size: 607 (small)

Pell Grant Recipients: 50.0% | Federal Loan Rate: 65.3%

Average Faculty Salary: $7,013/month

Tuition & Affordability Analysis

In-state tuition at Parker University is $17,893 per year, which is 55% below the national average for private institutions.

Out-of-state students pay $17,893/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: $71,572 (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 Parker University:

  • Families earning $0–$30,000: $26,817/year
  • Families earning $30,001–$48,000: $30,817/year
  • Families earning $48,001–$75,000: $33,016/year
  • Families earning $75,001–$110,000: $31,332/year
  • Families earning $110,000+: $34,084/year

Graduate Outcomes & Return on Investment

73.1% of students at Parker University complete their degree, 18% above the national average. This is a solid graduation rate.

First-year retention rate: 50.0% (38% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of Parker University earn a median salary of $42,091 ten years after enrollment, near the national average. This represents a $7,091/year earnings premium over the average high school diploma holder, or $212,730 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $12,288, 43% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $133/month, with a total repayment of $15,960 (including $3,672 in interest).

Debt-to-Earnings Ratio: 0.29x. 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 Parker University pays for itself in approximately 11 years. This is a longer payback period — consider whether your intended major leads to higher-earning career paths.

Financial Aid Profile

50.0% of students at Parker University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 52% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.

65.3% of students take federal loans, 39% 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: $7,013/month, 20% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Parker University enrolls 607 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 78/100 (higher = more diverse). Parker University has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 28%, Hispanic 18%, Black 33%, Asian 4%.

Parker University: Strong Graduation Rate, Below-Average Earnings

Report Card: Overall Grade C

Parker University receives an overall grade of C based on six dimensions:

  • Academics: C+
  • Value: F
  • Outcomes: C
  • Affordability: A+

College Analysis

Parker University is a Private Nonprofit institution in Dallas, TX with approximately 607 students. Parker University has a strong graduation rate of 73.12%, indicating a good academic environment. The median earnings 10 years post-graduation are $42,091, which is below the national average for similar institutions. The university's affordability score is 75, making it relatively affordable compared to its peers. The median debt upon graduation is $12,288, which is lower than the national average for similar institutions.

The Verdict: Is Parker University Worth It?

Parker University presents a complex value proposition. With an in-state and out-of-state tuition of $17,893, it's relatively affordable for a private institution. However, the median earnings of $42,091 after 10 years and a median debt of $12,288 result in a concerningly low ROI score of -41. This suggests that, on average, graduates are not seeing a significant financial return on their investment in the short to medium term. The debt-to-earnings ratio is manageable, with the median debt being less than three months of median annual earnings. A rough debt payoff timeline, assuming 10-15% of income goes towards debt repayment, could range from 2-4 years. However, the low median earnings compared to the cost of education raise questions about the long-term financial benefits. While the small class sizes and personalized attention might offer an enhanced educational experience, the financial outcomes are a significant drawback. Parker University is not a clear financial win; it's a potentially overpriced option if solely judged by median earnings and ROI. A recommendation hinges heavily on the student's specific program of study and career aspirations, as some fields may yield higher returns than the reported median.

Return on Investment

While the degree from Parker University is affordable and comes with a lower debt load, the lower earnings potential may make it a less attractive option for some students.

Debt Reality Check

Median student debt at Parker University: $12,288. Monthly payment on a standard 10-year plan: $140/month. Total repaid: $16,800 ($4,512 in interest).

Breakeven vs high school diploma: 1 years. Debt burden: Low. Salary needed for comfortable repayment: $16,800.

Strengths

  • Strong graduation rate
  • Relatively affordable tuition
  • Low median debt

Weaknesses

  • Below-average median earnings 10 years post-graduation
  • Narrow focus on Christian education
  • Limited diversity in the curriculum

Academic Profile

Retention Rate: 50.0%.

Parker University's academic profile is characterized by its commitment to personalized education, a hallmark of its small size and private nonprofit status. While specific departmental strengths are not explicitly detailed, one can infer a focus on programs that align with its mission, likely including areas in business, education, psychology, and ministry, given its historical roots. The student-faculty ratio, though not provided, is undoubtedly low, allowing for significant individual attention from faculty. This close interaction is crucial for fostering deep learning and providing mentorship. Research opportunities, while perhaps not as extensive as at large research universities, are likely available through faculty-led projects, offering undergraduates valuable hands-on experience.

Parker's faculty quality can be inferred from its commitment to providing a high-caliber education. While monthly faculty salary data is unavailable, institutions of this type typically strive to attract and retain qualified educators who are passionate about teaching. Academic support resources are paramount in a small university setting. Expect robust tutoring services, academic advising tailored to individual student needs, and potentially writing centers or study skills workshops. Honors programs, if offered, would provide a more challenging academic path for high-achieving students, likely involving smaller class sizes and advanced coursework. Study abroad opportunities, while potentially less numerous than at larger institutions, are often curated to offer meaningful cultural immersion and academic credit, aligning with the university's broader educational goals. The emphasis is on creating an environment where every student can achieve their academic potential with dedicated support.

Financial Aid Guide for Parker University

Pell Grant recipients: 50.0%. Students taking federal loans: 65.3%.

Navigating financial aid at Parker University, like any private institution, requires a strategic approach. Given its tuition of $17,893 for both in-state and out-of-state students, understanding the aid landscape is crucial. Parker likely offers a combination of merit-based and need-based aid. Merit aid is typically awarded based on academic achievement (GPA, rigor of coursework) and potentially other factors like leadership or extracurricular involvement. While specific scholarship amounts aren't detailed, it's common for private universities to offer significant merit scholarships to attract strong students.

Need-based aid is determined by your family's financial situation, assessed through the FAFSA (Free Application for Federal Student Aid) and potentially the CSS Profile. Parker likely packages aid using a mix of grants (which don't need to be repaid), federal loans, and work-study opportunities. For families with lower incomes, grants and work-study will form a larger portion of the aid package, aiming to make attendance affordable. For middle-income families, a combination of grants, institutional scholarships, and federal loans might be typical.

Scholarship tips for Parker would include applying early, highlighting any unique talents or experiences in your application, and researching any specific departmental or external scholarships you might qualify for. Negotiating aid at a smaller private institution like Parker can be challenging. While not impossible, especially if you have competing offers from similar institutions, it's generally less common and less impactful than at larger universities. Focus on presenting a strong initial application and understanding the aid package offered. It's always advisable to contact the financial aid office directly to discuss your specific circumstances and explore all available options, as they are the best resource for understanding typical aid packages and their policies.

Hidden Costs at Parker University

  • On-campus housing can range from $6,000 to $9,000 per academic year, depending on the room type and year of study.
  • Meal plans typically cost between $3,500 and $4,500 annually, with different tiers offering varying numbers of meals per week.
  • Textbooks and course materials can add an estimated $1,000 to $1,500 per year.
  • Student activity fees, technology fees, and other miscellaneous campus fees can total around $500 to $800 per semester.
  • Personal expenses, including toiletries, laundry, entertainment, and snacks, can easily amount to $1,500 to $2,500 annually.
  • Transportation costs for travel to and from home, or for exploring Dallas, can vary significantly but budget at least $500-$1,000 per year.
  • Health insurance, if not covered by a parent's plan, can add approximately $2,000 to $3,000 annually.

Alumni Outcomes & Career Paths

Parker University, a private institution in Dallas, TX, enrolls a small student body of just over 600. This intimate setting often translates to more personalized career support, though the scale means a less extensive alumni network compared to larger universities. While specific data on major employers actively recruiting on campus is limited due to its size, graduates from similar small private universities in the Dallas-Fort Worth metroplex often find opportunities within regional healthcare systems, financial institutions, and technology firms. Expect alumni to cluster in industries such as healthcare (given the prevalence of medical facilities in Dallas), education, and business services. Graduate school placement rates are not publicly detailed, but the 73.1% graduation rate suggests a solid foundation for further academic pursuits. Notable alumni are not widely publicized, which is common for smaller institutions. Career services likely focus on direct engagement, resume building, and interview preparation, leveraging local connections. Internship pipelines are probably developed through direct outreach to Dallas-area businesses rather than large-scale university partnerships. Geographic hiring patterns will heavily favor the Dallas-Fort Worth metroplex, with some graduates potentially moving to other major Texas cities like Houston or Austin, or seeking opportunities in other Sun Belt states.

Campus Life & Culture at Parker University

Parker University attracts a student body seeking a personalized and supportive educational experience within a close-knit community. The student body likely comprises individuals who value strong relationships with faculty and peers, and who are looking for an environment that fosters both academic and personal growth, potentially with a Christian worldview.

Parker University, nestled in the vibrant city of Dallas, Texas, offers a close-knit campus experience that truly embodies its private, nonprofit identity. With a student body of just over 600, you're guaranteed to know your classmates and professors, fostering a strong sense of community. The 'vibe' here is often described as focused and friendly, with students balancing rigorous academics with a surprisingly active social life for a smaller institution. While specific neighborhood details are less pronounced due to the compact campus, the surrounding Dallas area provides ample opportunities for off-campus exploration, dining, and entertainment.

Student organizations are the lifeblood of Parker's social scene. Expect a diverse range of clubs catering to academic interests, spiritual growth, and community service. Given its Christian heritage, spiritual life is a significant component for many students, with various ministries and fellowship groups actively engaged. While Parker doesn't have traditional Greek life, the close-knit nature of the student body often creates similar bonds and social networks. Athletics are present, though on a smaller scale, with intramural sports providing a fun outlet for competition and camaraderie. Housing is primarily on-campus, offering a convenient and immersive experience, though specific details on room types and amenities would be best confirmed directly. Dining services are designed to fuel students through their academic endeavors, with various options to suit different tastes and schedules. The overall atmosphere encourages meaningful connections and a supportive environment where students can thrive both academically and personally.

Campus Highlights

  • Intimate class sizes fostering strong student-faculty relationships.
  • A close-knit community where students are likely to know most of their peers.
  • Located in Dallas, offering access to a major metropolitan city's cultural and professional opportunities.
  • A supportive environment with a likely emphasis on holistic student development.
  • Potential for strong spiritual life integration for students seeking it.
  • A focus on personalized attention and mentorship due to its small scale.

Location & Regional Advantages

Parker University's location in Dallas, Texas, offers a dynamic and growing regional job market. As a major economic hub in the Sun Belt, Dallas boasts a diverse economy with strong sectors in finance, technology, healthcare, and transportation. The cost of living in Dallas is generally moderate compared to other major U.S. cities, though it has been rising. Proximity to industry hubs is a significant advantage; the Dallas-Fort Worth metroplex is home to numerous Fortune 500 companies, including AT&T, American Airlines, and Texas Instruments, providing ample internship and post-graduation employment opportunities. The quality of life in Dallas is high, with a vibrant cultural scene, numerous parks, and a generally pleasant climate, although summers can be very hot. Safety varies by neighborhood, as in any large city. This location provides students with direct access to a robust job market, allowing for internships and networking within close proximity to campus, which can significantly enhance career prospects upon graduation.

How to Get Into Parker University

Gaining admission to Parker University, given its selective nature as a private institution, requires a thoughtful application strategy. While specific admission rates and SAT/ACT data are not provided, Parker likely values a holistic review of applicants. This means they'll look beyond just grades and test scores to understand who you are as a person and a potential member of their community.

Focus on presenting a strong academic record. While exact GPA ranges are unavailable, aim for the highest GPA and most challenging coursework (AP, IB, dual enrollment if applicable) your high school offers. Since test scores are not a primary focus (or are not reported), your essays, letters of recommendation, and extracurricular activities will carry significant weight.

Your application essays are a prime opportunity to showcase your personality, values, and how you align with Parker's mission. Consider topics that reflect your personal growth, your commitment to community, or your intellectual curiosity. Demonstrating 'demonstrated interest' is often important for smaller private schools; this can include visiting campus (if possible), attending virtual information sessions, engaging with admissions counselors, and opening their emails.

There's no mention of Early Decision (ED) or Early Action (EA) advantages, so it's best to inquire directly with the admissions office. However, applying by the priority deadline, often in late fall or early winter, is generally recommended to maximize scholarship consideration and ensure your application is reviewed thoroughly. The admissions office likely seeks students who are not only academically capable but also possess a genuine desire to contribute to and benefit from Parker's unique, close-knit environment.

How Parker University Compares to Similar Schools

Similar schools: University of Dallas, Southern Methodist University (SMU), Texas Christian University (TCU)

Advantages

  • Potentially more affordable tuition than larger private peers like SMU or TCU.
  • Smaller student-to-faculty ratio offering more personalized attention.
  • Stronger focus on specific niche programs if available.

Disadvantages

  • Significantly smaller alumni network and less brand recognition compared to SMU or TCU.
  • Fewer resources and less robust career services infrastructure than larger competitors.
  • Potentially limited internship and job placement opportunities due to smaller scale.

Best For

  • Students seeking a non-religious education may find Parker University's focus limiting.
  • Those looking for high-earning potential may want to consider other institutions.
  • Students who prioritize debt over earnings may find Parker University's lower median debt appealing.

Avoid If

  • Students who are not interested in Christian education or ministry may want to explore other options.
  • Those seeking a more diverse curriculum may find Parker University's focus too narrow.
  • Students looking for a higher median earning potential may want to consider other institutions.

Frequently Asked Questions about Parker University

How much does it cost to attend Parker University?

In-state tuition at Parker University is $17,893 per year, and out-of-state tuition is $17,893 per year. The median student debt at graduation is $12,288.

What is the graduation rate at Parker University?

Parker University has a graduation rate of 73.1%.

How much do Parker University graduates earn?

The median earnings for Parker University graduates 10 years after enrollment is $42,091. With median debt of $12,288, graduates earn roughly 3.4x their debt level annually.

How big is Parker University?

Parker University has approximately 607 students and is classified as a small institution. It is located in Dallas, TX and is a Private Nonprofit institution.

Is Parker University worth the cost?

Parker University has an ROI score of -41 out of 100. With in-state tuition of $17,893 per year and median post-graduation earnings of $42,091, the data suggests the return on investment may be below average.

Where is Parker University located?

Parker University is located in Dallas, TX. It is a Private Nonprofit institution with approximately 607 students.

How much student debt do Parker University graduates have?

The median student debt for Parker University graduates is $12,288. With median earnings of $42,091 ten years after enrollment, graduates can expect a debt-to-income ratio of 29%.

Is Parker University a good college?

Parker University has a graduation rate of 73.1% and median post-graduation earnings of $42,091. Parker University has a diverse student body with a significant Hispanic population.

How does Parker University compare to similar colleges?

The university is located in Dallas, providing access to a large job market. Compared to peer institutions, Parker University offers a more affordable education with a strong graduation rate but lower earnings potential.

What career prospects do Parker University graduates have?

Graduates of Parker University are well-prepared for careers in ministry and Christian education.

What should prospective students know about Parker University?

Parker University is positioned in the market as a Christian-focused institution with a strong emphasis on practical skills.

What makes Parker University stand out?

The tuition is the same for in-state and out-of-state students, making it more accessible.

What are the pros and cons of attending Parker University?

The school's focus on Christian education may not align with all students' values.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.