United States Merchant Marine Academy— Earnings & Cost Trends
Graduate Earnings
$90,610
in 2021+14% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 14% since 2008 — graduates are earning more over time
- •Net price decreased 27% since 2010 — the school has become more affordable
- •Graduation rate improved by 5 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 77% | $7,352 |
| 1999 | — | — | 70% | $5,982 |
| 2000 | — | — | 85% | $7,208 |
| 2001 | — | — | 73% | $7,810 |
| 2002 | — | — | 72% | $6,125 |
| 2003 | — | — | 80% | $6,125 |
| 2004 | — | — | 74% | $6,625 |
| 2005 | — | — | 73% | $6,125 |
| 2006 | — | — | 73% | $6,125 |
| 2007 | — | — | 71% | $6,125 |
| 2008 | $79,400 | — | 79% | $6,125 |
| 2009 | — | — | 72% | $6,150 |
| 2010 | $86,000 | $8,412 | 77% | $5,406 |
| 2011 | — | $7,643 | 78% | $4,625 |
| 2012 | $89,000 | $5,719 | 80% | $4,828 |
| 2013 | $82,000 | $6,205 | 76% | $3,500 |
| 2014 | $78,900 | $4,275 | 74% | $3,642 |
| 2015 | $88,100 | $5,538 | 72% | $5,500 |
| 2016 | — | $6,125 | 68% | $5,500 |
| 2017 | — | $6,866 | 76% | $6,500 |
| 2018 | — | $6,796 | 81% | $10,983 |
| 2019 | — | $3,935 | 84% | $11,000 |
| 2020 | — | $6,433 | 80% | $7,000 |
| 2021 | $90,610 | $6,571 | 82% | $6,500 |
| 2022 | — | $6,627 | 81% | — |
| 2023 | — | $6,502 | 77% | — |
| 2024 | — | $7,506 | 81% | — |
| 2025 | — | $6,174 | 82% | — |