North Andover, MA · Private University
Is Merrimack College Worth It?
ROI analysis based on real earnings and cost data
Key Numbers
10-Year Earnings
$75,584
median, 10 years after enrollment
In-State Tuition
$51,786
per year
Out-of-State Tuition
$51,786
per year
Total 4-Year Cost
$207,144
tuition only (4 years)
ROI Ratio
1.46x
earnings ÷ annual tuition
Payback Period
5.1 yrs
years to recoup total cost
Graduation Rate
72.1%
6-year graduation rate
Median Debt
$27,000
at graduation
Avg Net Price
$37,899
after aid & scholarships
Earnings vs. Annual Cost
10-year median earnings compared to annual tuition
Merrimack College graduates earn $30,584 more than the national median of workers with any education level.
What You'd Actually Pay
Average net price after grants and scholarships, by family income
Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.
Highest-Earning Majors
Top programs at Merrimack College ranked by graduate earnings
16 graduates
24 graduates
16 graduates
36 graduates
283 graduates
Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.
ROI by Major at Merrimack College
All available majors ranked by graduate earnings. Your major matters as much as your school.
Your major matters more than your school
At Merrimack College, the gap between the highest-earning major (Electrical, Electronics and Communications Engineering: $79,659) and the lowest (Education, General: $29,368) is $50,291/yr, bigger than the difference between many schools.
| Major | Earnings | ROI |
|---|---|---|
| Electrical, Electronics and Communications EngineeringBest ROI(1yr data) | $79,659 | 1.5x |
| Civil Engineering(1yr data) | $75,556 | 1.5x |
| Computer Science(1yr data) | $70,256 | 1.4x |
| Mechanical Engineering(1yr data) | $68,615 | 1.3x |
| Business Administration, Management and Operations | $67,946 | 1.3x |
| Criminal Justice and Corrections | $52,801 | 1.0x |
| Psychology, General | $49,912 | 1.0x |
| Human Development, Family Studies, and Related Services | $48,385 | 0.9x |
| Communication and Media Studies | $48,318 | 0.9x |
| Biology, General(1yr data) | $41,506 | 0.8x |
| Political Science and Government(1yr data) | $35,619 | 0.7x |
| Health Services/Allied Health/Health Sciences, General(1yr data) | $31,161 | 0.6x |
| Education, GeneralLowest(1yr data) | $29,368 | 0.6x |
Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.
The Bottom Line
Merrimack College delivers returns in line with the national college average. Graduates earn $75,584 10 years after starting, $30,584 above the national median of $45,000. The investment pays for itself in roughly 5.1 years, faster than most colleges.
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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.