According to the U.S. Department of Education, the median federal debt of Knox College graduates who received student loans was $27,000. In addition, only 63% of students who attended Knox earned, on average, more than those with only a high school diploma.
== Student life ==
=== Greek organizations ===
Knox College is home to nine Greek-letter organizations, the oldest of which has been on campus since 1855.
=== Traditions ===
Pumphandle is an annual tradition dating back to 1885 during which new members of the community are welcomed to Knox. On the afternoon before the start of the academic year, all members of the Knox community gather on the south lawn outside Old Main. The president of the college "leads the welcoming line, shaking each person's hand in turn. Everyone shakes the hands of those who have gone before, and the line grows, snaking around the campus."
Flunk Day is an annual spring carnival. Classes are canceled for the day as the student body turns its attention to a joke issue of the student …
