United States Merchant Marine Academy
Kings Point, New York · Public · 34.2% acceptance rate
ROI Score: 93/100 · Exceptional Value
Data: 2024-25 College Scorecard release
The United States Merchant Marine Academy (Kings Point) scores 93 (Exceptional Value), reflecting a combination of near-zero cost, high earnings, and minimal debt. Tuition is $895 and the average net price is $6,174. The lowest income bracket pays $1,773 per year. Average 6-year earnings are $78,600, rising to a median $90,610 at 10 years. Median debt is $8,833, yielding a debt-to-earnings ratio of 0.112. Payback period is 3 years. The earnings premium raw score is 2.252, meaning graduates earn 225% more than high school graduates - a function of the Academy's direct placement pipeline into the merchant marine, military, and civilian maritime industries. The 82.4% completion rate is strong for a service academy. The one reported program - Marine Transportation (105 graduates) - earns $69,847 year-one and $107,654 year-four, though debt data is not reported for this program. The repayment rate is imputed rather than observed by the Scorecard. Graduates incur a service obligation upon graduation, which shapes the career trajectory significantly.
Graduates recoup their total investment in just 3 years. The median across the schools we score is about 12 years.
United States Merchant Marine Academy
Quick Numbers
| In-state tuition + fees | $895/yr |
| Out-of-state tuition + fees | $895/yr |
| Average net price | $6,174/yr |
| Total 4-year cost (net) | $24,696 |
| Median earnings (10yr post-entry) | $90,610 |
| Average earnings (6yr post-entry) | $78,600 |
| Median debt at graduation | $8,833 |
| Estimated monthly loan payment | $94 |
| Estimated payback period | 3 years |
| 6-year graduation rate | 82.4% |
| Undergraduate enrollment | 962 |
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: $895/year, which covers tuition and fees only. The net price counts books, supplies, and average living costs on top of tuition and fees, then subtracts grants and scholarships. For the average student here it comes to $6,174/year, or roughly $24,696 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 $1,773/year here, while families earning over $110,000 pay $9,168/year.
Among graduates who borrowed, the median federal loan debt from this school is $8,833, which works out to about $94 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($78,600) and comes to 0.11, which in our view is comfortably manageable.
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 | $1,773 |
| $30,001 - $48,000 | $4,098 |
| $48,001 - $75,000 | $5,897 |
| $75,001 - $110,000 | $8,752 |
| $110,001+ | $9,168 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
The 0-30000 income bracket pays $1,773 per year at Kings Point - effectively free. Over four years, total net cost is under $7,100 against $78,600 average 6-year earnings and an $8,833 median debt balance.
Middle-income families ($30K-$110K)
The 48001-75000 bracket pays $5,897 per year and the 75001-110000 bracket pays $8,752. All cost bands at Kings Point are low enough that the payback period and earnings trajectory are strongly favorable. Middle-income families face a total 4-year cost under $35,000, against $78,600 average 6-year earnings. The math is unambiguous at every middle-income level.
Higher-income families ($110K+)
Families earning $110,000+ pay $9,168 per year - $36,672 over four years. Against $78,600 average 6-year earnings and a 3-year payback period, the full-pay case is strong. The cost is low enough that even at the highest income bracket, the financial decision is straightforward.
Earnings by Major
Top 1 most popular majors at United States Merchant Marine Academy with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Marine Transportation | $107,654 | - |
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.
Marine Transportation
Marine Transportation is the Academy's primary and dominant program: 105 graduates, $69,847 year-one earnings, $107,654 year-four. Debt data is not reported by the Scorecard for this program, and an ROI grade is not assigned as a result. The year-one and year-four trajectory reflects rapid advancement for licensed merchant mariners and naval officers. Graduates holding a U.S. Coast Guard license can command significant premium compensation in international shipping, liquefied natural gas transport, and offshore energy. The four-year figure of $107k underrepresents long-run compensation for graduates who advance to captain or chief engineer roles.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | N/A | 68.8% |
| 3-year repayment | N/A | 73.6% |
| 5-year repayment | 91.6% | 67.7% |
| 7-year repayment | 93.2% | 72.8% |
Completion Rate
Trends Over Time
How United States Merchant Marine Academy’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 | 34.2% |
| SAT Math (25th-75th) | 550-650 |
| SAT Reading (25th-75th) | 560-650 |
| ACT Composite (25th-75th) | 22-29 |
| Enrollment | 962 |
| Pell Grant recipients | 7.8% |
| Avg faculty salary (monthly) | $11,875 |
USMMA's 34.2% admission rate understates selectivity because the application process requires a congressional nomination, which filters the pool before formal admission review. SAT ranges of 550-650 Math and 560-650 Reading are competitive but not hyperselective. The military structure and service obligation create self-selection that effectively narrows the applicant pool to students specifically committed to maritime or military careers.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| United States Merchant Marine Academy (this school) | 93 | $6,174 | $90,610 |
| CUNY Bernard M Baruch College | 92 | $3,033 | $75,971 |
| New Mexico Institute of Mining and Technology | 89 | $9,873 | $76,489 |
| CUNY Brooklyn College | 81 | $3,103 | $60,752 |
| Charter Oak State College | 77 | $15,815 | $64,209 |
| University of New Hampshire College of Professional Studies Online | 72 | $10,864 | $66,479 |
Who Thrives Here
USMMA admits 34.2% of applicants. SAT mid-ranges are 550-650 Math and 560-650 Reading; ACT composite 22-29. At 962 enrolled students, the Academy is a small, highly structured environment with a federal service obligation attached to graduation. The Pell grant rate is 7.8%. Students must obtain a congressional nomination to apply - the admissions process differs fundamentally from civilian universities. The environment is regimented and mission-specific; applicants not drawn to maritime careers should look elsewhere.
The Verdict: The Investment Pays Off
If you're asking whether United States Merchant Marine Academy is worth it, the short answer is yes - it's one of the strongest money decisions in higher education. Four years here run about $24,696 after aid, and the typical graduate earns $90,610 ten years out. That earnings head start covers the cost in roughly 3 years, well ahead of most schools.
What it has going for it: a strong earnings premium over high school graduates, its 82.4% graduation rate, manageable debt relative to earnings.
On debt, you can breathe a little easier here. Median debt of $8,833 among graduates who borrowed, against average earnings of $78,600 six years after entry, gives a debt-to-earnings ratio of 0.11: well under 1.0, the point at which debt would equal a full year of those earnings.
United States Merchant Marine Academy: Common Questions
Is United States Merchant Marine Academy worth it?
In our view, yes - for most students United States Merchant Marine Academy pays off. It scores 93/100 on our ROI scale. You'd pay about $6,174 a year after aid ($24,696 over four years), and the typical graduate earns $90,610 ten years after enrollment, so the cost takes roughly 3 years to earn back.
How much does United States Merchant Marine Academy 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 $6,174 a year, or roughly $24,696 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 United States Merchant Marine Academy graduates earn?
The typical graduate earns about $90,610 ten years after enrolling, roughly $48,810 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 United States Merchant Marine Academy?
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 3 years for United States Merchant Marine Academy. The median across the schools we track is about 12 years.
How much debt do United States Merchant Marine Academy graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $8,833, against average earnings of $78,600 six years after entry - a debt-to-earnings ratio of 0.11. In our view that is very manageable: well under 1.0, the point at which debt would equal a full year of those earnings.
What is the graduation rate at United States Merchant Marine Academy?
The six-year graduation rate is 82.4%, at or above the 64% national average for four-year schools (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.