McPherson College— Earnings & Cost Trends
Graduate Earnings
$52,084
in 2021+42% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 42% since 2008 — graduates are earning more over time
- •Net price increased 56% since 2010 — costs are rising faster than inflation
- •Graduation rate declined by 11 percentage points since 2003
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | — | $5,250 |
| 1999 | — | — | — | $5,500 |
| 2000 | — | — | — | $6,125 |
| 2001 | — | — | — | $6,125 |
| 2002 | — | — | — | $6,125 |
| 2003 | — | — | 45% | $6,125 |
| 2004 | — | — | 29% | $6,125 |
| 2005 | — | — | 39% | $6,625 |
| 2006 | — | — | 35% | $9,938 |
| 2007 | — | — | 37% | $11,000 |
| 2008 | $36,800 | — | 42% | $11,000 |
| 2009 | — | — | 48% | $11,874 |
| 2010 | $34,500 | $16,986 | 45% | $12,250 |
| 2011 | — | $18,336 | 46% | $13,000 |
| 2012 | $35,500 | $18,497 | 46% | $13,166 |
| 2013 | $37,100 | $19,967 | 52% | $12,500 |
| 2014 | $41,400 | $20,191 | 49% | $13,582 |
| 2015 | $39,300 | $19,687 | 48% | $14,000 |
| 2016 | — | $20,003 | 65% | $15,000 |
| 2017 | — | $17,754 | 37% | $15,000 |
| 2018 | — | $21,341 | 36% | $14,000 |
| 2019 | — | $21,871 | 37% | $15,000 |
| 2020 | — | $23,667 | 41% | $15,000 |
| 2021 | $52,084 | $26,425 | 38% | $13,833 |
| 2022 | — | $24,423 | 53% | — |
| 2023 | — | $24,393 | 49% | — |
| 2024 | — | $24,837 | 52% | — |
| 2025 | — | $26,441 | 34% | — |