Merrimack College
North Andover, Massachusetts
Merrimack College is a private institution in North Andover, Massachusetts with 4,043 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $51,786 compared with a Massachusetts nursing-school average of $28,305. The school reports a graduation rate of 72.1%, median earnings of $75,584, and median federal debt of $27,000.
$51,786 is higher than the state average of $28,305.
72.1% is higher than the state average of 55.5%.
$75,584 is higher than the state average of $53,874.
About Merrimack College
| Location | North Andover, Massachusetts |
| Institution Type | Private Nonprofit |
| Highest Degree | graduate |
| Website | www.merrimack.edu |
| In-State Tuition | $51,786 |
| Out-of-State Tuition | $51,786 |
| Total Enrollment | 4,043 |
| Acceptance Rate | 73.6% |
| Graduation Rate | 72.1% |
| Retention Rate | 84.3% |
| Median Earnings (10 yrs after) | $75,584 |
| Median Debt at Graduation | $27,000 |
| Est. Monthly Loan Payment | $286 |
| Pell Grant Recipients | 15.2% |
| Students Receiving Loans | 61.1% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.4 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
15.2% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 61.1% of students take federal loans, so borrowing is common in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at Merrimack College depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $207,144, while the reported median debt is $27,000 with an estimated monthly payment of $286. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among White students (77.3%), followed by Hispanic students (9.8%) and Black students (3.8%).
Value Score
Median earnings ($75,584) divided by median debt ($27,000)