Analysis
A private college interdisciplinary degree with an estimated debt load of $26,000 seems manageable at first glance, particularly when the estimated debt-to-earnings ratio sits at 0.67—comfortably below the concerning 1.0 threshold. However, with both earnings and debt figures drawn from national benchmarks rather than Millsaps-specific outcomes, the picture requires a realistic assessment. Similar interdisciplinary bachelor's programs nationally suggest first-year earnings around $39,000, which tracks closely with what Mississippi State reports for its graduates in this field ($36,000). The debt estimate comes from peer private colleges nationally, which could understate or overstate what Millsaps students actually borrow.
The challenge with interdisciplinary studies generally is that career outcomes depend heavily on how students package their skills and what connections they build. At a small liberal arts college like Millsaps, where 36% of students receive Pell grants, the value proposition hinges on factors these estimates can't capture: internship networks, graduate school preparation, or specific career advising. If your child plans to pursue graduate education or has clear career goals that this flexible major supports, the estimated debt burden appears reasonable. But if they're choosing this path without direction, similar earnings are available at Mississippi's public universities with considerably less debt risk.
Where Millsaps College Stands
Earnings vs. debt across all multi/interdisciplinary studies bachelors's programs nationally
Compare to Similar Programs in Mississippi
Multi/Interdisciplinary Studies bachelors's programs at peer institutions in Mississippi (9 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $43,815 | $38,704* | — | $25,878* | — | |
| $9,815 | $36,113* | $35,941 | $27,000* | 0.75 | |
| National Median | — | $38,704* | — | $25,495* | 0.66 |
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Millsaps College, approximately 36% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 196 similar programs. Actual outcomes may vary.