Oglethorpe University
Atlanta, Georgia · Private Nonprofit · 88.4% acceptance rate
ROI Score: 48/100 · Below Average Value
Data: 2024-25 College Scorecard release
Oglethorpe University scores 48 (Below Average Value) - a result that reflects moderate completion (54.1%), weak earnings ($37,500 average 6-year), and a 10.8-year payback on a $47,590 sticker tuition with a $19,509 net price. The repayment rate of 64.5% at three years is low, suggesting borrower difficulty is widespread. Oglethorpe is a small private liberal arts college (1,352 students) in Atlanta with an 88.5% admission rate and SAT mid-ranges of 540-650 Math and 550-660 Reading. Atlanta's labor market is one of the country's strongest, and Oglethorpe's location is a genuine asset that the Scorecard data doesn't fully credit. Business Administration (42 graduates, C-grade) and Accounting (11 graduates, C+ grade) are the most defensible programs. Biology (37 graduates, D-grade), Fine Arts (16 graduates, data limited), and Psychology (F-grade ROI, ratio 1.073) are not.
Oglethorpe University
Quick Numbers
| In-state tuition + fees | $47,590/yr |
| Out-of-state tuition + fees | $47,590/yr |
| Average net price | $19,509/yr |
| Total 4-year cost (net) | $78,036 |
| Median earnings (10yr post-entry) | $55,232 |
| Average earnings (6yr post-entry) | $37,500 |
| Median debt at graduation | $25,000 |
| Estimated monthly loan payment | $265 |
| Estimated payback period | 10.8 years |
| 6-year graduation rate | 54.1% |
| Undergraduate enrollment | 1,352 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $47,590/year, which covers tuition and fees only. After grants, scholarships, and aid, the average student here pays a net price of $19,509/year, or roughly $78,036 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $16,207/year here, while families earning over $110,000 pay $22,055/year.
Among graduates who borrowed, the median federal loan debt from this school is $25,000, which works out to about $265 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($37,500) and comes to 0.67, under 1.0, meaning median debt is less than a full year of those earnings.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $16,207 |
| $30,001 - $48,000 | $17,558 |
| $48,001 - $75,000 | $18,745 |
| $75,001 - $110,000 | $23,924 |
| $110,001+ | $22,055 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Families earning under $30,000 pay $16,207 net price per year at Oglethorpe. Over four years that's about $64,800. Against $37,500 average earnings and a 10.8-year payback, low-income students face significant financial exposure. The 64.5% three-year repayment rate is low across all income brackets.
Middle-income families ($30K-$110K)
Middle-income families ($48,001-75,000) pay $18,745; the $75,001-110,000 bracket pays $23,924. The aid structure drops meaningfully in the upper-middle band. At $24,000 per year, program selection becomes critical - accounting and business at this price are defensible; psychology and biology are not.
Higher-income families ($110K+)
Families over $110,000 pay $22,055. The $110k+ bracket actually pays less than the $75,001-110,000 bracket in this data, suggesting a formula quirk or reporting artifact. At roughly $22,000 per year, Oglethorpe is affordable for high-income families, but the payback period and earnings data do not make a strong financial case.
Earnings by Major
Top 6 most popular majors at Oglethorpe University with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Business Administration, Management, and Operations | $54,609 | C |
| Biology | $27,337 | D |
| Fine and Studio Arts | $22,866 | - |
| Accounting | $56,121 | C+ |
| Rhetoric and Composition/Writing Studies | $48,774 | D |
| Psychology | $49,396 | F |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
Program Analysis
Why these programs deliver their earnings outcomes.
Accounting
Accounting (11 graduates) earns $56,121 year-one (four-year not reported), with a debt-to-earnings ratio of 0.463 (ROI grade C+). Median debt of $26,000 against $56,121 starting salary is manageable. Accounting in Atlanta - with the Big Four, major regional firms, and corporate headquarters - provides strong entry-level demand. The small graduate count limits Scorecard reliability, but the year-one figure is consistent with Atlanta-area accounting starting salaries.
Business Administration, Management, and Operations
Business Administration (42 graduates) earns $40,771 year-one and $54,609 at year four, with a debt-to-earnings ratio of 0.638 (ROI grade C). Median debt of $26,000 against $40,771 starting salary is manageable but not comfortable. The Atlanta labor market helps - $40k to $55k over four years reflects a typical progression for business graduates who stay in Atlanta. C grade is the honest assessment: decent outcomes, not exceptional, at a price that requires disciplined borrowing.
Psychology
Psychology carries an F-grade ROI: $25,170 year-one, $49,396 year-four, debt-to-earnings ratio of 1.073. Median debt of $27,000 exceeds year-one annual earnings. Graduate count is not reported by Scorecard. The four-year trajectory to $49k requires graduate-level credentials for most clinical tracks. Students interested in psychology at Oglethorpe should plan the full cost of a master's or doctoral degree into their financial model.
Biology
Biology (37 graduates) earns $27,337 year-one (four-year not reported), with a debt-to-earnings ratio of 0.988 (ROI grade D). Median debt of $27,000 against $27,337 starting salary is essentially 1:1 debt-to-earnings. Biology at a small private college without a medical school pipeline is structurally difficult. Students targeting medical school should evaluate Oglethorpe's pre-med outcomes specifically.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | 58.3% | 68.8% |
| 3-year repayment | 64.5% | 73.6% |
| 5-year repayment | 59.8% | 67.7% |
| 7-year repayment | 70.0% | 72.8% |
Completion Rate
Trends Over Time
How Oglethorpe University’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 88.4% |
| SAT Math (25th-75th) | 540-650 |
| SAT Reading (25th-75th) | 550-660 |
| ACT Composite (25th-75th) | 22-31 |
| Enrollment | 1,352 |
| Pell Grant recipients | 36.0% |
| Avg faculty salary (monthly) | $7,901 |
At 88.5% admission, Oglethorpe is accessible with a reasonable academic preparation floor. SAT ranges of 540-650 Math and 550-660 Reading, ACT 22-31. The relevant decision factor is not admissions selectivity. Students choosing Oglethorpe should have a clear plan for using the Atlanta location to accelerate career outcomes.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
Oglethorpe's 48 score reflects a school with real location advantages that are not fully captured by median earnings but are not fully offsetting the debt and completion challenges either.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Oglethorpe University (this school) | 48 | $19,509 | $55,232 |
| Avila University | 51 | $16,053 | $52,773 |
| Bridgewater College | 49 | $17,800 | $53,453 |
| Agnes Scott College | 45 | $24,754 | $56,274 |
| Carlow University | 45 | $20,786 | $51,051 |
| Clark Atlanta University | 14 | $37,702 | $42,712 |
Who Thrives Here
Oglethorpe admits 88.5% of applicants with SAT mid-ranges of 540-650 Math and 550-660 Reading, ACT 22-31. Enrollment of 1,352 creates an intimate campus experience. The Atlanta location is a genuine draw - internship and employer access in a major metro is real. Students who leverage that advantage through internships and networking during enrollment can significantly improve their career outcomes beyond what the Scorecard median captures. Students who don't engage the Atlanta labor market while enrolled face a harder path. Pell rate of 36.0% reflects that many enrolled students are financially constrained.
The Verdict: Proceed With Caution
The money case for Oglethorpe University is mixed, and worth a hard look before you commit. At $19,509 per year after aid, the typical graduate earns $55,232 ten years after entry, which means it takes about 10.8 years to earn the cost back. For context, the median payback across the schools we score is about 12 years. Whether it's worth it comes down to your major and your aid package.
What to keep an eye on: a debt-to-earnings ratio of 0.67 (median across the schools we score: 0.61), a three-year loan repayment rate of 64.5% (median across the schools we score: 73.6%).
Median debt of $25,000 among graduates who borrowed, against average earnings of $37,500 six years after entry, gives a debt-to-earnings ratio of 0.67. That is under 1.0 (a full year of those earnings); the median across the schools we score is about 0.61. Your major - and how much you borrow - really matters.
Oglethorpe University: Common Questions
Is Oglethorpe University worth it?
In our view, the money case is mixed and worth a hard look before you commit. Oglethorpe University scores 48/100 on our ROI scale. At $19,509 a year after aid the typical graduate earns $55,232 ten years after entry, so it takes about 10.8 years to earn the cost back. For context, the median payback across the schools we score is about 12 years.
How much does Oglethorpe University cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $19,509 a year, or roughly $78,036 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do Oglethorpe University graduates earn?
The typical graduate earns about $55,232 ten years after enrolling, roughly $13,432 a year more than the median high-school graduate ($41,800, per NCES, 2022). That earnings gap is what has to cover the cost of the degree.
How long does it take to pay off Oglethorpe University?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at about 10.8 years for Oglethorpe University. The median across the schools we track is about 12 years.
How much debt do Oglethorpe University graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $25,000, against average earnings of $37,500 six years after entry - a debt-to-earnings ratio of 0.67. That is under 1.0 (a full year of those earnings); the median across the schools we score is about 0.61. How much you borrow really matters.
What is the graduation rate at Oglethorpe University?
The six-year graduation rate is 54.1%. The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
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Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.