Rhodes College

Rhodes College is a moderately selective private nonprofit college in Memphis, Tennessee. It admits about 1 in 2 applicants, graduates 85% of its students within six years, and its former students earn a median $66,651 ten years after starting college, more than 95% of the Tennessee colleges we cover.

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Yearly household income. Saved on this device only. No account needed.

Acceptance rate
50%

More selective than 91% of Tennessee colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$28,585 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $71,136. College Scorecard.

Graduation rate
85%

Higher than 97% of Tennessee colleges we cover and 93% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$66,651

Higher than 95% of Tennessee colleges we cover and 82% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Rhodes College acceptance rate & admissions

Of 6,025 applicants, Rhodes College admitted 2,993 and 483 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1300–1486 on the SAT or 26–32 on the ACT.

6,025
Applied
2,993
Admitted
483
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1300–1486
ACT composite, middle 50% of first-years26–32
First-years who sent SAT scores8%
First-year students who return92%
Pell Grant recipients16%
First-generation students13%
Women / men59% / 41%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

Rhodes College tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$57,110
Housing & meals, on campus$12,910
Books & supplies$1,125
Total cost of attendance$71,136

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$19,349
Loan default rate3.1%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What Rhodes College costs to finish, and how fast it pays back

Graduates of Rhodes College took 4.1 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Tennessee. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$15,770$64,1842.0 years
$30–48k$19,960$81,2372.5 years
$48–75k$15,910$64,7542.0 years
$75–110k$37,103$151,0094.7 years
$110k+$31,878$129,7434.0 years

Cost to finish = yearly price × 4.1 years, the average time graduates took (77% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($66,651) minus $34,518 for high school graduates ages 25-34 in TN (Census ACS 2020-2024), a gain of $32,133 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in Tennessee for your income →

Rhodes College majors, earnings & careers

Rhodes College offers 35 bachelor's majors across 9 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 10
  • Science & Math · 8
  • Social Sciences & Public Service · 5
  • Arts & Design · 4
  • Business & Finance · 3
  • Education · 2
  • Communications & Media · 1
  • Health & Medicine · 1
  • Technology & Computing · 1

Highest-earning majors at Rhodes College

MajorEarnings, 4 yrsMedian debt
Economics$82,950$19,500
Computer Science$78,973$25,982
Business Administration$77,838$22,240
Political Science$72,062$26,500
International Relations$56,744$22,072
Biology$50,036$23,465
English$49,042$21,545
Quick list of all 35 majors
  • Anthropology—
  • Area Studies—
  • Biochemistry—
  • Biology$50,036
  • Biomathematics, Bioinformatics, and Computational Biology—
  • Business Administration$77,838
  • Chemistry—
  • Classics—
  • Communications—
  • Computer Science$78,973
  • Economics$82,950
  • Education—
  • Educational Administration and Supervision—
  • English$49,042
  • Environmental Science / Conservation—
  • Ethnic / Gender Studies—
  • Film and Photography—
  • German—
  • Health Professions Education, Ethics, and Humanities—
  • History—
  • International Business—
  • International Relations$56,744
  • Liberal Arts / General Studies—
  • Mathematics—
  • Music—
  • Neuroscience—
  • Philosophy—
  • Physics—
  • Political Science$72,062
  • Psychology—
  • Religious Studies—
  • Spanish / French / Romance Languages—
  • Studio Art—
  • Theatre—
  • Urban Studies / Affairs—

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Business Administration → Management analyst

$94,980
Memphis
$99,260
Tennessee
$101,860
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.1% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Computer Science → Software developer

$125,580
Memphis
$122,430
Tennessee
$135,980
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.2% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Memphis

Cost of living
8% below the U.S. average

Overall prices in the Memphis, TN-MS-AR area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$1,191/mo

2 bedrooms $1,301. Housing costs 20% below the U.S. average.

HUD Fair Market Rent, FY2027

Weather
51° / 92°

January and July average highs. 55 inches of rain a year, 3 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively High

Highest: tornado (very high); river flooding (relatively high); heat wave (relatively high); winter weather (relatively high).

FEMA National Risk Index, Shelby County

Campus & students

Total enrollment (incl. graduate)1,952
First-year students from Tennessee36%
Next most common home statesTexas, Georgia, Louisiana
AthleticsNCAA Division III with football · 14 sports
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typeHighly residential
Student bodyWhite 59% · Black 9% · Asian 9% · Hispanic 7%International 6%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Shelby County at a glance

Population919,173
Median household income$63,767
Adults with a bachelor's degree34%
Median age36

U.S. Census Bureau, ACS 5-year 2024

Compare Rhodes College with similar schools

Similar private colleges in Tennessee by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Rhodes College50%$28,58585%$66,651This school
The University of the South57%$27,87280%$64,911
Freed-Hardeman University60%$21,57471%$47,485
Union University60%$27,17166%$53,990
Lipscomb University68%$24,73972%$55,541

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Rhodes College would cost you $713 more per year than The University of the South, on average.

  • Lower sticker price at Rhodes College, mostly from lower housing & meal costs (−$2,428).
  • The University of the South gives aided families $1,563 more in grants, on average.
Per year, Tennessee residentRhodes CollegeThe University of the SouthDifference
Tuition & fees$57,110$56,120+$990
Books & supplies$1,125$1,200−$75
Housing & meals$12,910$15,338−$2,428
Personal & travel$2,619$1,750+$869
Living-at-home adjustment−$2,628−$2,422−$206
Sticker price$71,136$71,986−$850
Average grants−$42,551−$44,114+$1,563
You pay$28,585$27,872+$713

“+” means Rhodes College costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about Rhodes College

What is the Rhodes College acceptance rate?

Rhodes College accepts 50% of applicants (College Scorecard). In the latest IPEDS admissions year, 2,993 of 6,025 applicants were admitted. The middle half of enrolled first-year students scored 1300–1486 on the SAT or 26–32 on the ACT.

How much does Rhodes College cost per year?

The sticker price (cost of attendance) is $71,136 a year. After grants and scholarships, students receiving federal aid pay $28,585 a year on average; families earning $0–30k pay $15,770 and families earning $110k+ pay $31,878.

How much do Rhodes College graduates earn?

Former Rhodes College students earn a median $66,651 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Rhodes College graduation rate?

85% of first-time, full-time students graduate within six years, and 92% return for their second year.

How long does a Rhodes College degree take to pay off?

For a family earning $48–75k, finishing at Rhodes College costs about $64,754 after grants ($15,910 a year for 4.1 years, the average time graduates took). Former students earn a median $66,651 ten years after starting, $32,133 more than high school graduates in Tennessee ($34,518), so the cost is repaid in 2.0 years of that gain, before taxes and interest (EducationGuide calculation).

Is Rhodes College the right fit for your family?

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Rhodes College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/rhodes-college (College Scorecard and IPEDS data).