Return is the weakest pillar for Berea College, and the earnings figures show why. Four years after completion, federally aided graduates who are working and not enrolled earn a median of $42,924.
That median sits at the 7th percentile among nonprofit four-year institutions. The peer median for comparable institutions (same type and size) is $55,915, so the university's figure is $12,991 below that benchmark.
Graduates earn about $7,963 less than the model expects for similar students. That gap is at the 25th percentile.
The part the model attributes to the factors it measures (field of study, enrollment and the local labor market) subtracts $1,457. The part it attributes to a remainder it does not explain subtracts $6,506. Within the measured factors, the STEM component adds $3,328.
Four years after completing a degree at Berea College, federally aided graduates who are working and not enrolled earn a median of $42,924. That figure sits at the 7th percentile among nonprofit four-year institutions, drawn from an earnings cohort of 347 completers.
Earnings scenarios, estimated from the program mix, show the range: a downside scenario of $35,478, a typical scenario of $42,924, and an upside scenario of $76,518. The spread between the downside and upside scenarios is wide.
An estimated 28.7% of graduates continue to graduate study, based on the program mix. The four-year earnings figures reflect the observed cohort of federally aided completers who are working and not enrolled.
The median earnings for federally aided graduates who are working and not enrolled are $42,924 four years after completion, at the 7th percentile among nonprofit four-year institutions. The median for comparable institutions (same type and size) is $55,915, which means this institution sits $12,991 below that benchmark for its peer group.
Azimuth ranks Berea College #1,359 for return among nonprofit four-year institutions. Graduates earn about $7,963 less than the model expects for similar students.
That places the earnings-beyond-expectations gap at the 25th percentile among nonprofit four-year institutions. Earnings beyond expectations measure the gap between what graduates actually earn and what the model expects for similar students with comparable backgrounds.
The part the model attributes to the factors it measures (field of study, enrollment patterns and the local labor market) subtracts $1,457. The part it attributes to a remainder it does not explain subtracts $6,506.
The STEM component within the measured factors adds $3,328. The bachelor's degrees awarded span technical fields, natural sciences, social sciences and humanities.
Earnings scenarios estimated from the program mix range from $35,478 on the downside to $76,518 on the upside. An estimated 28.7% of graduates continue on to graduate study, based on that mix.
The earnings scenarios show a wide spread: from $35,478 on the downside to $76,518 on the upside. These are scenarios estimated from the program mix, not observed groups of graduates.
The highest-earning program is Computer and Information Sciences, where graduates earn $82,491 four years after completion. Engineering Technologies/Technicians follows at $55,830, and Communication and Media Studies at $41,723.
Graduates of Berea College earn about $7,963 less than the model expects for similar students. The median federal student loan debt for borrowers who finish is $3,591, which is $21,409 below the peer median of $25,000 for comparable institutions (same type and size).
That debt corresponds to an estimated payment of $41 a month if repaid over ten years. The average net price, what aid recipients pay after grants and scholarships, is $6,106.
That average is $16,241 below the peer median of $22,347 at comparable institutions. Aid covers about 90% of the published cost for the average aid recipient, though this is an average rather than a personal quote.
The return picture is mixed: earnings land below the model's expectation, but the debt load is light. A graduate's monthly payment is a small fraction of even the downside earnings scenario.
That means the financial risk of borrowing is low even if earnings come in at the lower end of the range.