Payback
EarningsPlus
Economic score
Rhodes College is a private liberal arts college located in Memphis, Tennessee. Rhodes College is moderately inclusive in their admissions.
Return on educational investment at Rhodes College is in the top 25% of all ranked schools. The median student earns $66,619 10 years after enrolling, 2nd in Tennessee, and in the top 25% nationally. When adjusted for earning differences by major, Rhodes College bachelor students earn 2% more than the national average. Rhodes College is ranked 4th in Tennessee.
Rhodes College’s median net annual cost of $25,881 and average years to graduate of 4.1 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Rhodes College sorted by number of graduates - Business Administration, Neurobiology & Neurosciences, English Language & Lit, Psychology, Poli Sci/Government, Computer Science - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$25,881
Average years to graduate
4.1
Economics
Rank: #168
Economic score: 3.16
Anthropology
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 6.62
Fine & Studio Arts
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 9.43
History
Rank: #351
Economic score: 22.15
International Relations
Rank: #107
Economic score: 3070.43
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 1 graduate programs at Rhodes College - Accounting - are shown below.
The average full-time graduate completes their degree in 4.1 years. 80% of all students graduate within 8 years. The graduation rate at Rhodes College is 23% higher than the state average, and 11% above the average for all liberal arts colleges in the country.
At Rhodes College, Pell Grant recipients represent 15% of the measured graduating class, 20% lower than the national average of 35%. The average Pell Grant recipient at Rhodes College graduates within 4.2 years.
Rhodes College is in the bottom 10% 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.
Rhodes College’s economic mobility score of 13.66 is calculated by adjusting the 1.11 economic score of lower-income students by the 15% pell grant recipients within the student body. Rhodes College’s EMS of 13.66 ranks in the bottom 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).
Bottom 50%
The average Title IV recipient at Rhodes College pays $25,881 a year, $40,589 less than the $66,470 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 $25,881
Much of the gap between net price and sticker price is filled by institutional and government grants. At Rhodes College, 97% 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 $25,881 on average to be covered by the student – be it through loans or out of pocket. In total, 40% of students take out loans, federal or private, at an average amount of $5,914. This is 14% less than the national average.
Federal grants
$5,289
Pell grants
$5,092
State grants
$5,085
Institutional grants
$33,331
Rhodes College's moderately inclusive admissions are indicated by their 57% acceptance rate. In 2021, the school had 5,318 applicants, of which 3,025 were admitted and 592 enrolled. Rhodes College doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
100%
83%
Female
54%
59%
First time
96%
59%
In-state
25%
68%
1st generation
13%
35%
White
64%
52%
Black
10%
14%
Hispanic
7%
15%
Asian
7%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
12%
12%