Payback
EarningsPlus
Economic score
Murray State University is a public regional university located in Murray, Kentucky. Murray State University is very inclusive in their admissions.
Return on educational investment at Murray State University is in the top 50% of all ranked schools. The median student earns $41,894 10 years after enrolling, 11th in Kentucky, and in the bottom 50% nationally. When adjusted for earning differences by major, Murray State University bachelor students earn 8% less than the national average. Murray State University is ranked 8th in Kentucky.
Murray State University’s median net annual cost of $11,736 and average years to graduate of 4.8 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Murray State University sorted by number of graduates - Agriculture, Agriculture Operations, and Related Sciences, Other., Registered Nursing, Animal Health Technology, Education, Liberal Arts and Sciences, Business and Commerce - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$11,736
Average years to graduate
4.8
Quality Control & Safety Technician
Rank: #2
Economic score: 1.24
Civil Engr. Tech
Rank: #3
Economic score: 1.58
Accounting
Rank: #238
Economic score: 2.5
Biology
Rank: #83
Economic score: 3.46
Finance
Rank: #312
Economic score: 4.64
Business Administration
Rank: #594
Economic score: 4.69
Advertising & PR
Rank: #93
Economic score: 5.96
Social Work
Rank: #195
Economic score: 8.25
Fine & Studio Arts
Rank: #191
Economic score: 14.49
Research&Experimental Psych
Rank: #51
Economic score: 61.74
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 6 graduate programs at Murray State University - Agriculture, Agriculture Operations, and Related Sciences, Other., Business and Commerce, Educ. Administration, Communication disorder sciences, Education, Quality Control & Safety Technician - are shown below. To see more programs, click on "see additional programs".
Education (subject specific)
Rank: #148
Economic score: 0.58
Special Education
Rank: #163
Economic score: 0.67
Advertising & PR
Rank: #17
Economic score: 0.74
Student Counseling
Rank: #221
Economic score: 1.17
Community Org & Advocacy
Rank: #7
Economic score: 1.55
The average full-time graduate completes their degree in 4.8 years. 57% of all students graduate within 8 years including part-time students. The graduation rate at Murray State University is 6% higher than the state average, and 0% below the average for all regional universities in the country.
At Murray State University, Pell Grant recipients represent 31% of the measured graduating class, 4% lower than the national average of 35%. The average Pell Grant recipient at Murray State University graduates within 4.9 years.
Murray State University is in the bottom 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Murray State University’s economic mobility score of 16.29 is calculated by adjusting the 3.5 economic score of lower-income students by the 31% pell grant recipients within the student body. Murray State University’s EMS of 16.29 ranks in the top 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 50%
The average Title IV recipient at Murray State University pays $11,736 a year, $12,559 less than the $24,295 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $11,736
Much of the gap between net price and sticker price is filled by institutional and government grants. At Murray State University, 99% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $11,736 on average to be covered by the student – be it through loans or out of pocket. In total, 49% of students take out loans, federal or private, at an average amount of $8,208. This is 5% less than the national average.
Federal grants
$6,997
Pell grants
$4,932
State grants
$2,899
Institutional grants
$8,177
Murray State University offers 22 online bachelor programs, 6 of which are held exclusively online. At the master’s level Murray State University offers 24 programs, 13 of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
46
Hybrid programs
27
Percentage of programs online
44%
Murray State University's very inclusive admissions are indicated by their 85% acceptance rate. In 2021, the school had 9,144 applicants, of which 7,787 were admitted and 1,395 enrolled. Murray State University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
88%
83%
Female
63%
59%
First time
63%
59%
In-state
61%
68%
1st generation
34%
35%
White
79%
52%
Black
6%
14%
Hispanic
3%
15%
Asian
1%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
11%
12%