Active Report Report ID: EDU-155511-2026

McPherson College

McPherson, KS 67460-1402

Acceptance rate76.76%Broad access
Tuition$37,310Published sticker
Avg. net price$26,441After aid
Graduation rate33.92%150% time
Median salary$52,08410yr post-entry

About McPherson College

McPherson College is a private research university in McPherson, Kansas, enrolling about 872 students. Admission is moderately selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 76.76% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $52,084 among students who received federal aid.

Key findings

  • McPherson College charges 27% above the national private non-profit median tuition ($37,310).
  • Versus the Kansas median, sticker tuition is about 4.0×.
  • Completion within 150% of normal time is 33.92%.
  • Median earnings 10 years after entry are $52,084.

Research findings

01

Finding

Modeled return on investment at McPherson College is strong.

Estimated ROI reaches about 392% using Scorecard cost and 10-year earnings fields in this extract.

— Evidence from EDsmart Data analysis

Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.

Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.

Cost benchmarks

Benchmark Median Tuition Median Net Price Count
McPherson College$37,310$26,4411
Private Non-profit (national median)$29,3251,444
Kansas (state median)$9,282$9,90560
Town (locale median)$9,600$14,9711,517
United States (national median)$11,900$17,156

Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.

Cost

Average net price is 29% below published tuition at McPherson College

Source College Scorecard + EDsmart aggregatesMethod Sticker vs net; peer mediansUpdated 2026 extractCoverage Undergraduate (Title IV net price)Confidence Federal extract

Key findings

  • McPherson College's average net price ($26,441) is 29% below published tuition ($37,310).
  • McPherson College charges 27% above the national private non-profit median tuition ($37,310).
  • Versus the Kansas median, sticker tuition is about 4.0×.
Published sticker

McPherson College tuition

Published undergraduate tuition $37,310

Finding McPherson College charges 27% above the national private non-profit median tuition.

Evidence Published tuition is $37,310. That is 27% above the national private non-profit median ($29,325). Versus the Kansas median ($9,282), sticker tuition is about 4.0×. Versus the U.S. median ($11,900), sticker is about 3.1×.

Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.

Interpretation Published tuition measures sticker price relative to private non-profit and geographic peers; it does not equal what undergraduates typically pay after aid.

Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.

Evidence: published tuition at McPherson College versus school-type, state, locale, and U.S. medians.

Evidence: average net price at McPherson College versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at McPherson College is $26,441.

Evidence College Scorecard average net price is $26,441 (cost of attendance minus average grant aid for aided undergraduates). That is about $16,536 above the Kansas median net price. Versus town campuses, net price runs $11,470 above the locale median.

Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.

Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.

Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.

Key takeaway McPherson College’s published tuition substantially overstates typical undergraduate cost: average net price is about 29% lower after grants and scholarships.

School guide

McPherson College: research record

Canonical EDsmart Data findings for McPherson College—costs, outcomes, admissions, and programs—with evidence and methodology notes.

Research findings

Interpretation

The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.

Financial profile

Annual tuition

$37,310

Avg. net price

$26,441

Net price by family income

Income bracketAvg. annual net price
$0–$30,000$22,587
$30,001–$48,000$20,939
$48,001–$75,000$28,655
$75,001–$110,000$28,737
$110,001+$31,043

Sticker tuition × four years (estimate, no room/board): $149,240. See cost investigation.

Student outcomes

First-year retention65.1%

Share of first-year students returning the following fall.

$41,446Median earnings (6 years after entry)

Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.

Admissions landscape

  • Broad access — most applicants are admitted.
  • Yield: 24% of admitted students enrolled.
  • Average SAT: 1058

See Admissions for the full funnel.

Is McPherson College a good school?

Data-framed fit—not a prestige rating.

McPherson College is a good school for those looking for strong completion alongside solid mid-career earnings.

EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.

Earnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for McPherson College.

Campus

Location

McPherson, KS

City / state

ZIP
67460-1402
NCES locale
Town remote

Compared with Town campuses nationally, net price is about 1.8× the median for Town campuses ($14,971 median).

Control

Institution type

Private Non-profit

Control

Region
Plains
Carnegie
Special Focus Four-Year: Faith-Related Institutions

Size

Enrollment

872

Total enrollment

Undergraduate
905
Graduate
2
Full-time share
100%

Student aid

Debt & aid

$25,242

Median federal loan debt

Pell grant share
37.94%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$105,764Estimated 4-year total cost
$26,441Average annual net price (after aid)
$149,2404-year tuition
$11,498Room & board (annual, on-campus estimate)
$1,420Books & supplies (annual estimate)
$50,228Estimated annual sticker (tuition + room/board + books)
$200,912Estimated 4-year sticker (before aid)

Tuition vs average net price after aid for McPherson College.

Financial Aid by Income Level

37.94% Undergraduates receiving aid through grants
63.71% Undergraduates receiving aid through loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00% 3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at McPherson College was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Multi-year tracker

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for McPherson College in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$22,891$22,891$20,191
2014$24,035$24,035$19,687
2015$25,236$25,236$20,003
2016$26,498$26,498$17,754
2017$27,823$27,823$21,341
2018$28,951$28,951$21,871
2019$30,077$30,077$23,667
2020$31,154$31,154$26,425
2021$32,408$32,408$24,423
2022$33,536$33,536$24,393
2023$35,162$35,162$24,837

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Access

How difficult is it to get in?

Acceptance Rate

76.76%Acceptance rate
1,209Total applicants
1,013Students admitted
241First-time students enrolled
23.79%Yield (enrolled ÷ admitted)

This institution has a moderate acceptance rate, accepting most qualified applicants.

Applicants → admits → first-time enrollment from College Scorecard / IPEDS. Bar widths are scaled for readability at highly selective schools.

Test Scores

1058SAT average

Scores for enrollees who submitted tests (College Scorecard).

Academic Requirements

3.20Estimated median GPA
3.0–3.4Estimated GPA range

Estimated from admission selectivity and test scores. Scorecard does not publish admitted-student GPA for most institutions.

Estimated GPA band from selectivity and test scores — not an official requirement.

Student body

Enrollment & Student Demographics

McPherson College reported total enrollment of about 872 students in the latest College Scorecard extract. The student body is about 67% male and 33% female. Enrollment by race and ethnicity includes White (52.4%), Hispanic or Latino (14.4%), and Black or African American (13.5%). About 37.94% of undergraduates receive Pell Grants. Roughly 30.6% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

99.8% Full-Time Enrollment

The total enrollment at McPherson College in 2024 is 872 students.

Undergraduate enrollment is about 905 students. Graduate enrollment is about 2 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

65.1%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

52.4%White or Caucasian
9Reported race/ethnicity groups

Largest share of total enrollment in our College Scorecard extract.

  • White or Caucasian52.4%
  • Hispanic or Latino14.4%
  • Black or African American13.5%
  • Race/ethnicity unknown7.8%
  • Non-Resident Alien6.0%
  • American Indian or Alaska Native3.3%
  • Asian1.9%
  • Two or More Races0.3%
  • Native Hawaiian or Other Pacific Islander0.2%

College Scorecard student demographics (total enrollment shares).

Outcomes

Do students complete their programs?

Time to Complete

28.65% 100% Completion Time

33.92% 150% Completion Time

In 2024, 28.65% of students graduating from McPherson College completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Automotive Engineering Technology/Technician: 98% male / 2% female
  • Business Administration and Management, General: 78% male / 22% female
  • Health Professions and Related Programs: 36% male / 64% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

106White or Caucasian
7Reported groups

Largest group by summed IPEDS award counts across reported programs.

  • White or Caucasian106
  • Hispanic or Latino33
  • Black or African American16
  • Asian4
  • Two or More Races4
  • American Indian or Alaska Native3
  • Native Hawaiian or Other Pacific Islander0

Summed across program completion records in our extract.

Outcomes & academic profile

McPherson College graduates earn a median of $52,084 ten years after entry

Source College ScorecardMethod Earnings + debt + net price modelsUpdated 2026 extractCoverage Institution-wideConfidence Federal extract

Finding Earnings, debt, and program mix define the financial profile of McPherson College.

Evidence Median earnings 10 years after entry: $52,084. Median federal loan debt: $25,242. Average net price used in cost models: $26,441.

Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.

Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.

Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.

Key takeaway McPherson College graduates report median earnings of $52,084 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

392%Modeled return on investment
$25,242Median student debt
$52,084Median annual earnings (10 years)
48.46%Debt-to-earnings ratio
4.8 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for McPherson College.

Top Programs by Completions

Largest 10 programs by IPEDS completions (31 reported codes; aggregate/unknown CIP buckets excluded).

  1. Automotive Engineering Technology/Technician 41
  2. Health Professions and Related Programs 14

IPEDS award counts for the largest programs at McPherson College.

Employment Outcomes

$52,084Median earnings (10 years after entry)
$41,446Median earnings (6 years after entry)
$42,708Median earnings (8 years after entry)
88.15%Working & not enrolled (8-year cohort share)

Median earnings 6, 8, and 10 years after entry for McPherson College graduates.

How financially powerful is this institution?

Finding: federal finance and Scorecard instructional fields for McPherson College—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.

Institutional endowment

$692.1M

End-of-year assets · Fiscal year 2023

Start of year: $53.4M

Year change: $638.8M

  • Kansas median 51× the median ($13.6M)
  • Plains median 29× the median ($24.1M)
  • U.S. median 26× the median ($26.4M)

Per FTE: $858,713

  • Kansas median 56× the median ($15,453)
  • Plains median 57× the median ($15,020)
  • U.S. median 71× the median ($12,100)

Instructional Resources

  • Full-time faculty share: 92.5%
    • Kansas median 27.3 pp above median (65.2%)
    • Plains median 27.7 pp above median (64.7%)
    • U.S. median 34.5 pp above median (58.0%)
  • Average faculty salary (monthly): $7,375
    • Kansas median 1.2× the median ($6,380)
    • Plains median near the median ($7,194)
    • U.S. median near the median ($7,615)
  • Instructional expenditure per FTE: $10,231
    • Kansas median 1.6× the median ($6,600)
    • Plains median 1.3× the median ($8,150)
    • U.S. median 1.4× the median ($7,288)

Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.

McPherson College at a glance

Institution snapshot

McPherson College

McPherson, KS 67460-1402 · Private Non-profit · Plains

McPherson College is a private non-profit institution in McPherson, KS, classified as Special Focus Four-Year: Faith-Related Institutions.

Tuition$37,310
Avg. net price$26,441
Enrollment872
Acceptance rate76.76%
Completion (150%)33.92%
Average SAT1058
Largest programs (IPEDS awards)
Automotive Engineering Technology/TechnicianBusiness Administration and Management, GeneralHealth Professions and Related Programs
Largest enrollment groups
White or Caucasian52.4%
Hispanic or Latino14.4%
Black or African American13.5%
Nearby

Schools near McPherson College

Other campuses in McPherson, KS when available, plus nearby institutions in Kansas.

Peers

Similar schools

Peers matched by the same EDsmart outcomes grade (Grade D) within Kansas, then by similar ownership and admissions.

Frequently Asked Questions

Where is McPherson College located?

McPherson College is located in McPherson, KS.

What is McPherson College's acceptance rate?

The acceptance rate at McPherson College is 76.8% among first-time degree-seeking students reporting admissions data. IPEDS reports 1,209 applicants and 1,013 admits in the latest admissions cycle in our extract.

What is McPherson College's tuition?

McPherson College tuition (published undergraduate sticker price) is $37,310 in the latest College Scorecard data. Average net price after grant aid is $26,441 for undergraduates receiving Title IV aid.

How much does McPherson College cost?

Reported tuition is $37,310 and average net price is $26,441 in the latest College Scorecard data. On-campus room and board is estimated at $11,498 annually.

Why is McPherson College's net price so much lower than tuition?

At McPherson College, published tuition is $37,310 while average net price is $26,441—about 29% lower. Average net price subtracts grant and scholarship aid from cost of attendance for undergraduates receiving Title IV aid (College Scorecard). Institutional aid therefore compresses sticker price into a lower typical undergraduate cost signal. The campus average still masks large differences by household income; income-band net prices can diverge sharply from the overall average. EDsmart Data treats the sticker–net gap as an analytical finding, not advice about individual aid offers.

What explains McPherson College's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($26,441), completion (33.9% within 150% of normal time where reported), and median earnings ten years after entry ($52,084). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.

What is the student body demographics at McPherson College?

McPherson College reports undergraduate enrollment of about 905 students, White (52.4%), Hispanic or Latino (14.4%) in federal College Scorecard data.

How many first-generation students attend McPherson College?

About 30.6% of students at McPherson College are first-generation college students.

What test scores do students need for McPherson College?

Among enrolled students who submitted scores, McPherson College reports midpoint SAT about 1058.

What do graduates of McPherson College earn?

Median earnings are $41,446 six years after entry and $52,084 ten years after entry.

What is the graduation rate at McPherson College?

The 150%-time completion rate is 33.9% for the cohort reported to the College Scorecard.

How much debt do McPherson College students have?

Median federal loan debt among completers is $25,242.

Data Sources

This page uses data from the following sources:

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology & Data Scope

This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.

Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.