Morehouse College
Private College in Atlanta, GA. Six-year graduation rate 59%. Median 10-year earnings $52,889.
Students who entered Morehouse College land at a median of $52,889 a decade later, close to what most four-year schools deliver. Six-year completion sits at 59%, near the national average for undergraduate institutions. Median debt at graduation is $25,000, roughly typical for an undergraduate degree. Mobility is where this school separates itself: 3.1% of students move from the bottom income quintile to the top.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
Selectivity is real here: only 44% of applicants are offered a place. The applicant pool runs to 5,733, typical for a school of this reach. About 27% of admitted students enroll, a yield in the normal range. Read the score bands below narrowly: only 11% of enrolled first-years submitted an ACT score, and test-optional applicants are not represented in them.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | 18–25 | 75 (11%) |
IPEDS Admissions · 2024
Apply at Morehouse College →Academics
Completion is middling: 59% finish inside six years. First-year retention of 87% shows the cohort holds together through the hardest year. The distance between those two figures is the part worth noticing — students return for a second year at a much higher rate than they graduate, so attrition here is spread across the middle years rather than concentrated in the first. A 20% transfer-out rate accounts for part of that gap: those students left for another institution rather than dropping out, and the graduation rate above counts them as non-completers here. A 14:1 ratio points to small classes and accessible faculty.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 2,736 degree- or certificate-seeking undergraduates
Average net price — what students actually pay after grant aid — is $36,292 a year, at the high end of undergraduate cost. Income makes less difference than usual: $36,359 at $0–30k, $42,723 at $110k+. About 76% get grants averaging $19,729, so plan on the possibility of paying closer to full price. Most students borrow — 57% take federal loans to cover the gap.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 680 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $36,359 |
| $30–48k | $36,534 |
| $48–75k | $40,092 |
| $75–110k | $41,179 |
| $110k+ | $42,723 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,571 of these 2,736 students, totalling $10,707,695 — an average of $6,816 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Fulton County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)