Albion College
Albion, MI 49224 — Private Nonprofit
Value Score: 65/100 | ROI Score: -74 | Affordability Score: 35/100
Tuition (In-State): $56,950 | Out-of-State: $56,950
Acceptance Rate: 80.7% | Graduation Rate: 59.1% | Retention Rate: 70.8%
Median Earnings (10yr): $58,799 | Median Debt: $27,000
Student Body Size: 1,300 (small)
Pell Grant Recipients: 47.5% | Federal Loan Rate: 63.7%
Average Faculty Salary: $7,469/month
Tuition & Affordability Analysis
In-state tuition at Albion College is $56,950 per year, which is 45% above the national average for private institutions.
Out-of-state students pay $56,950/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $227,800 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Albion College:
- Families earning $0–$30,000: $10,036/year
- Families earning $30,001–$48,000: $9,772/year
- Families earning $48,001–$75,000: $12,085/year
- Families earning $75,001–$110,000: $16,656/year
- Families earning $110,000+: $24,368/year
Low-income families receive an average discount of $46,914/year, paying just 18% of the sticker price.
Admissions Snapshot
Albion College has an acceptance rate of 80.7%, placing it in the Less Selective (70–85%) category. This means roughly 403 students apply each year.
Albion College accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
Graduate Outcomes & Return on Investment
59.1% of students at Albion College complete their degree, 5% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 70.8% (13% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Albion College earn a median salary of $58,799 ten years after enrollment, 44% above the national average. This represents a $23,799/year earnings premium over the average high school diploma holder, or $713,970 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $27,000, 26% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $293/month, with a total repayment of $35,160 (including $8,160 in interest).
Debt-to-Earnings Ratio: 0.46x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Albion College pays for itself in approximately 10 years. This is a reasonable investment timeline.
Financial Aid Profile
47.5% of students at Albion College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 44% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
63.7% of students take federal loans, 35% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $7,469/month, 14% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Albion College enrolls 1,300 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 67/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 54%, Hispanic 13%, Black 16%, Asian 1%.
Albion College: Small Class Sizes and Personalized Education with High Tuition
- Albion College: A Liberal Arts Foundation with a Midwestern Career Launchpad
- Beyond the Classroom: Unpacking the Career Outcomes and Value of an Albion Education
- Is Albion College Worth the Investment? Analyzing the ROI and Post-Graduation Success
Report Card: Overall Grade D
Albion College receives an overall grade of D based on six dimensions:
- Academics: D
- Value: F
- Outcomes: B
- Affordability: C-
College Analysis
Albion College is a Private Nonprofit institution in Albion, MI with approximately 1,300 students. Albion College has a strong focus on small class sizes and personalized education, with a high graduation rate of 59.13%. The college offers competitive earnings potential with a median 10-year earnings of $58,799, but the high tuition and debt levels may not justify the cost. Albion College has a diverse student body with a significant proportion of white students, and a smaller percentage of black, hispanic, and asian students. The college's median debt of $27,000 is relatively high, which could be a concern for students.
The Verdict: Is Albion College Worth It?
Albion College presents a complex value proposition. With an in-state and out-of-state tuition of $56,950 and median 10-year earnings of $58,799, the immediate post-graduation financial picture is tight. The median debt of $27,000, when combined with the tuition cost, suggests a significant financial undertaking. The ROI score of -74 indicates that, on average, graduates do not recoup their investment quickly compared to national benchmarks. The earnings are only slightly above the cost of one year's tuition, and the debt load will likely take several years to pay off, potentially 5-7 years depending on repayment plans and actual starting salaries. While the liberal arts education aims for broader skills, the direct financial return on investment appears to be a concern. Albion College is not a clear 'good deal' based on these metrics alone. It is likely overpriced when viewed purely through a financial lens. However, for students who deeply value the liberal arts experience, small class sizes, and a close-knit community, and who have a clear post-graduation plan that may not be solely driven by immediate high earnings (e.g., graduate school, specific passion-driven careers), it could be a worthwhile investment if significant financial aid is secured. Without substantial scholarships, the financial burden is considerable.
Return on Investment
While Albion College offers a high-quality education and strong career prospects, the high tuition and debt levels may not justify the cost for some students.
Debt Reality Check
Median student debt at Albion College: $27,000. Monthly payment on a standard 10-year plan: $307/month. Total repaid: $36,840 ($9,840 in interest).
Breakeven vs high school diploma: 0.9 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.
Strengths
- Strong personalized education
- High graduation rate
- Diverse student body
Weaknesses
- High tuition and debt levels
- Lower ROI score
- Limited cultural diversity
Academic Profile
Retention Rate: 70.8%.
Albion College prides itself on a liberal arts education with a strong emphasis on experiential learning and faculty mentorship. While specific faculty salary data isn't available, the small student-to-faculty ratio (typically around 11:1) suggests a high level of personalized attention. The college is known for its robust undergraduate research opportunities, allowing students to work closely with faculty on projects across disciplines. Notable departments include Economics and Management, English, History, and Psychology, often highlighted for their strong alumni networks and graduate school placement rates. The Eleanor Hall Honors Program offers a challenging academic path for high-achieving students, with smaller class sizes and dedicated faculty guidance. Albion also strongly encourages study abroad, with numerous programs available to broaden students' perspectives and academic experiences. Academic support is readily accessible, with resources like the Academic Success Center providing tutoring, writing support, and academic advising to ensure students can thrive in their coursework. The 'Albion Advantage' initiative further emphasizes career preparation, integrating internships, research, and service learning into the curriculum to equip graduates for post-graduation success.
Financial Aid Guide for Albion College
Pell Grant recipients: 47.5%. Students taking federal loans: 63.7%.
Albion College offers a comprehensive financial aid program designed to make its private liberal arts education accessible. A significant portion of students receive some form of financial aid, with merit-based scholarships being a key component. These scholarships are often awarded automatically based on academic achievement (GPA and standardized test scores, if submitted) at the time of admission. Need-based aid, determined by the FAFSA and the CSS Profile, is also crucial. For families with an Expected Family Contribution (EFC) of $0-$20,000, Albion aims to meet a substantial portion of demonstrated need through a combination of grants, scholarships, and potentially federal work-study. For families with higher EFCs, merit scholarships can significantly reduce the sticker price. While specific average aid packages vary widely, students from middle-income families might see aid packages ranging from $30,000 to $45,000, combining merit and need-based aid. Albion does offer federal work-study opportunities, providing students with on-campus employment to help cover living expenses. Scholarship tips include applying early, highlighting extracurricular achievements and leadership roles in essays, and exploring external scholarships. While Albion is generally not known for aggressive aid negotiation, presenting a strong case with competing offers or significant changes in financial circumstances might yield some flexibility, though it's not guaranteed.
Hidden Costs at Albion College
- Room and board costs can add approximately $15,000 to $18,000 per academic year, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can range from $1,000 to $1,500 annually, with costs varying significantly by major and course.
- Student activity fees, often around $200-$300 per semester, fund campus organizations and events.
- Transportation costs for students without a car, including trips home or to nearby cities, could add $500-$1,000 per year.
- Personal expenses, such as toiletries, laundry, entertainment, and snacks, can easily amount to $1,500-$2,500 annually.
- Optional health insurance for students not covered by a parent's plan can cost upwards of $3,000 per year.
- Parking permits for students who bring cars to campus are typically in the $100-$200 range annually.
Alumni Outcomes & Career Paths
Albion College, a private liberal arts institution in Michigan, cultivates a strong alumni network that often finds its footing in the Midwest. While specific major employer recruitment lists are not publicly detailed, graduates frequently pursue careers in sectors such as education, healthcare, finance, and manufacturing, reflecting the economic landscape of Michigan and surrounding states. Companies like Plante Moran, a prominent accounting and consulting firm, and Beaumont Health, a large healthcare system, are known to hire Albion alumni. The education sector sees graduates joining school districts across Michigan, and the financial services industry attracts alumni to roles in banking and wealth management. Graduate school placement is a significant pathway for Albion students, with many matriculating into programs at institutions like Michigan State University College of Law, Wayne State University School of Medicine, and various other graduate programs across the country. Notable alumni include former Michigan Governor Jennifer Granholm and former U.S. Senator Carl Levin, showcasing a history of public service and leadership. Albion's career services department emphasizes personalized guidance, internship support, and networking opportunities. The college actively promotes internship pipelines through its "Eliza" program, which connects students with alumni and employers for experiential learning, often in fields like marketing, non-profit management, and research. Geographic hiring patterns show a strong concentration of alumni in Michigan, particularly in the Detroit metropolitan area and Grand Rapids, but also extending to Chicago and other Midwestern hubs. Some alumni also venture into national roles, especially in fields like education and healthcare administration.
Campus Life & Culture at Albion College
Albion College attracts a student body that values a close-knit community and a personalized liberal arts education. The student population is primarily from Michigan, but there's a growing representation from across the Midwest and other parts of the country, fostering a diverse yet connected environment. Students who thrive here are typically engaged, curious, and appreciate opportunities for hands-on learning and direct faculty interaction.
Albion College cultivates a close-knit, engaged campus community where students often describe the atmosphere as friendly and supportive. With a student body of around 1,300, it’s small enough that you’ll quickly recognize faces and build meaningful connections. The campus itself is a beautiful, historic arboretum, with iconic landmarks like the Kresge Science Hall and the historic Stockwell Library serving as central gathering points. Student organizations are a vibrant part of life, covering everything from academic clubs and cultural groups to outdoor adventure and community service. The Student Government Association (SGA) plays a significant role in shaping campus life and allocating student activity fees. While Greek life exists, it's not the dominant force it can be at larger institutions, with a few fraternities and sororities offering social and leadership opportunities. Athletics are also a point of pride, with the Albion Britons competing in the Michigan Intercollegiate Athletic Association (MIAA) in NCAA Division III. Expect a strong emphasis on campus events, often organized by student groups or the college itself, fostering a sense of shared experience. The town of Albion is integrated with the college, offering local businesses and community engagement opportunities, though students often rely on campus resources and occasional trips to larger nearby cities for diverse entertainment. Housing is guaranteed for the first three years, with a mix of traditional residence halls and apartment-style living, encouraging students to stay on campus and engage with the community.
Campus Highlights
- The Albion College Arboretum: A living laboratory and beautiful campus setting with over 2,000 trees.
- The 'Briton' Mascot and Traditions: Strong school spirit centered around the Britons athletic teams and unique campus events.
- The Gerstacker Commons: A central hub for student life, dining, and social interaction.
- The Amelia G. Smith Center for Performing and Visual Arts: A state-of-the-art facility showcasing student and faculty talent.
- The 'Albion Advantage': A commitment to integrating internships, research, and service learning into every student's experience.
- Close Faculty-Student Relationships: Small class sizes and an emphasis on mentorship foster deep connections.
- The Historic Quad: The heart of the academic campus, surrounded by iconic buildings.
Location & Regional Advantages
Albion, Michigan, offers a distinct regional context for Albion College students. The local job market in Albion itself is modest, with opportunities primarily in education, local government, and small businesses. However, the college's strategic location provides access to larger economic centers. The cost of living in Albion is significantly lower than in major metropolitan areas, making student budgets stretch further and potentially easing the transition into post-graduation life. Proximity to industry hubs is a key advantage; Albion is within a reasonable driving distance of Lansing (state capital, government jobs), Ann Arbor (tech, research, education), and the broader Detroit metropolitan area (automotive, manufacturing, healthcare, finance). This proximity allows students to pursue internships and job opportunities in these dynamic markets while benefiting from the quieter, more affordable environment of Albion for their studies. The quality of life in Albion is characterized by a small-town feel, fostering a close-knit community. While weather is typical of the Midwest with distinct seasons, safety is generally good within the college town. The location's primary impact on career opportunities is its role as a launchpad; students leverage the college's resources and their education to access jobs in nearby cities, with many choosing to stay within Michigan due to established networks and family ties, while others use it as a stepping stone to national opportunities.
How to Get Into Albion College
Albion College employs a holistic review process, meaning they look beyond just grades and test scores. While the admission rate hovers around 80%, indicating accessibility, a strong application is still key to standing out. Demonstrating genuine interest in Albion is important; this can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. Early Action (EA) is a good option if Albion is a top choice, allowing you to receive an earlier decision without a binding commitment. The admissions committee values academic rigor, so a strong GPA in challenging courses is crucial. While SAT/ACT scores are not a primary focus (and often not required), if submitted, they should reflect a solid performance. Essays are a significant part of the application; focus on authentic storytelling that reveals your personality, values, and how you would contribute to the Albion community. Highlight experiences that demonstrate leadership, resilience, and intellectual curiosity. The ideal applicant is someone seeking a close-knit liberal arts environment where they can engage deeply with faculty and peers, and who is eager to take advantage of experiential learning opportunities.
How Albion College Compares to Similar Schools
Similar schools: Kalamazoo College, Hope College, Alma College, Olivet College
Advantages
- Stronger alumni network in specific sectors like public service (e.g., former Governor, Senator).
- Potentially more robust internship pipelines through specific programs like 'Eliza'.
- Lower cost of living in Albion compared to larger college towns, potentially aiding student budgets.
Disadvantages
- Lower graduation rate compared to some peers, suggesting potential retention or academic success challenges.
- Median earnings are on the lower end compared to some other Michigan liberal arts colleges.
- Less prominent national brand recognition compared to some more established liberal arts institutions.
Best For
- Students seeking a less expensive education option
- Students looking for a larger student body with more diverse cultural representation
Avoid If
- Students who prioritize a small class size and personalized education
- Students interested in a strong liberal arts education
Frequently Asked Questions about Albion College
How much does it cost to attend Albion College?
In-state tuition at Albion College is $56,950 per year, and out-of-state tuition is $56,950 per year. The median student debt at graduation is $27,000.
What is the acceptance rate at Albion College?
Albion College has an acceptance rate of 80.7%.
What is the graduation rate at Albion College?
Albion College has a graduation rate of 59.1%.
How much do Albion College graduates earn?
The median earnings for Albion College graduates 10 years after enrollment is $58,799. With median debt of $27,000, graduates earn roughly 2.2x their debt level annually.
How big is Albion College?
Albion College has approximately 1,300 students and is classified as a small institution. It is located in Albion, MI and is a Private Nonprofit institution.
Is Albion College worth the cost?
Albion College has an ROI score of -74 out of 100. With in-state tuition of $56,950 per year and median post-graduation earnings of $58,799, the data suggests the return on investment may be below average.
Where is Albion College located?
Albion College is located in Albion, MI. It is a Private Nonprofit institution with approximately 1,300 students.
How much student debt do Albion College graduates have?
The median student debt for Albion College graduates is $27,000. With median earnings of $58,799 ten years after enrollment, graduates can expect a debt-to-income ratio of 46%.
Is Albion College a good college?
Albion College has a graduation rate of 59.1% and median post-graduation earnings of $58,799. Highly personalized education with small class sizes
How does Albion College compare to similar colleges?
Graduation rate of 59.13% Compared to peer institutions, Albion College offers a strong personalized education but at a high cost, with median debt and tuition being among the highest.
What career prospects do Albion College graduates have?
Graduates of Albion College are well-prepared for careers with a median 10-year earnings of $58,799, making it a good choice for students seeking a high-quality education and career prospects.
What should prospective students know about Albion College?
Albion College holds a strong position in the market for small, private, and personalized education, catering to students who value a close-knit academic community.
What makes Albion College stand out?
Diverse student body with a significant white population
What are the pros and cons of attending Albion College?
High median debt of $27,000
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.