Quad
Rhodes CollegeMemphis, TN · Private nonprofit

Over time

How it's changed

Since 2013–14, the full price rose 2% after inflation, while what the average first-year paid fell 23%, because grants grew faster. Applications rose 88% since fall 2014, and the acceptance rate went from 60% to 50%.

Money in 2023–24 dollars

Cost

What a year costs

$31,5342023–24

−23% after inflation since 2013–14

Average total costFull priceWith grantsNational middle 50% and median
$0$25K$50K$75K’13–14’15–16’17–18’19–20’21–22’23–24PandemicFull priceAverage total costWith grants

Net price by family income

Students receiving federal aid. In 2023–24 dollars.

2013–14 2023–24
  • $0–30K

    $22,940 → $15,770

  • $30–48K

    $26,088 → $19,960

  • $48–75K

    $30,757 → $15,910

  • $75–110K

    $32,706 → $37,103

  • $110K+

    $41,033 → $31,878

Sources:IPEDS Institutional Characteristics survey, 2000–01 to 2023–24;IPEDS Student Financial Aid survey, 2001–02 to 2023–24;inflation: BLS CPI-U, school-year averagesAbout the data(built 2026-10-12; CPI retrieved 2026-10-12)

Sources:IPEDS Institutional Characteristics survey, 2000–01 to 2023–24;IPEDS Student Financial Aid survey, 2001–02 to 2023–24;College Scorecard (federal loan rate), 2008–09 to 2023–24;IPEDS Institutional Characteristics survey (admissions section), Fall 2001 to Fall 2013;IPEDS Admissions survey, Fall 2014 to Fall 2024;IPEDS Institutional Characteristics survey, 2001–02 to 2023–24;College Scorecard (enrollment), Fall 1996 to Fall 2024;IPEDS Fall Enrollment survey (part C, residence of first-time students), Fall 2004 to Fall 2024;IPEDS Fall Enrollment survey (part A, enrollment by level), Fall 2008 to Fall 2024;College Scorecard (graduation by entering class), classes entering fall 1991 to fall 2018;College Scorecard (median debt), 1997–98 to 2020–21;IPEDS Outcome Measures survey, classes entering fall 2009 to fall 2016;IPEDS Graduation Rates survey (Pell Grant and subsidized loan recipients), classes entering fall 2010 to fall 2018;College Scorecard (graduation by race and ethnicity), classes entering fall 2005 to fall 2018;IPEDS Fall Enrollment survey (part D), Fall 2009 to Fall 2024;College Scorecard (full-time faculty share), Fall 2005 to Fall 2024;IPEDS Salaries survey (SAL, instructional staff, all ranks), Fall 2016 to Fall 2024;College Scorecard (instruction spending), 2004–05 to 2023–24;inflation: BLS CPI-U, school-year averagesAbout the data(built 2026-10-12; CPI retrieved 2026-10-12)