Alverno College
Milwaukee, WI 53234-3922 — Private Nonprofit
Value Score: 70/100 | ROI Score: -61 | Affordability Score: 55/100
Tuition (In-State): $34,086 | Out-of-State: $34,086
Acceptance Rate: 85.7% | Graduation Rate: 49.9% | Retention Rate: 61.0%
Median Earnings (10yr): $53,145 | Median Debt: $27,000
Student Body Size: 631 (small)
Pell Grant Recipients: 45.1% | Federal Loan Rate: 46.7%
Average Faculty Salary: $6,282/month
Tuition & Affordability Analysis
In-state tuition at Alverno College is $34,086 per year, which is 13% below the national average for private institutions.
Out-of-state students pay $34,086/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: $136,344 (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 Alverno College:
- Families earning $0–$30,000: $22,032/year
- Families earning $30,001–$48,000: $20,668/year
- Families earning $48,001–$75,000: $22,261/year
- Families earning $75,001–$110,000: $24,788/year
- Families earning $110,000+: $29,051/year
Low-income families receive an average discount of $12,054/year, paying just 65% of the sticker price.
Admissions Snapshot
Alverno College has an acceptance rate of 85.7%, placing it in the Open Admission (85%+) category. This means roughly 184 students apply each year.
Alverno College accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
Graduate Outcomes & Return on Investment
49.9% of students at Alverno College complete their degree, 20% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 61.0% (25% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Alverno College earn a median salary of $53,145 ten years after enrollment, 30% above the national average. This represents a $18,145/year earnings premium over the average high school diploma holder, or $544,350 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: 0.51x. This is a healthy ratio, suggesting debt is manageable for most graduates.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Alverno College pays for itself in approximately 8 years. This is a reasonable investment timeline.
Financial Aid Profile
45.1% of students at Alverno College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 37% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
46.7% of students take federal loans, near the national average. This is a moderate borrowing rate.
Average faculty salary: $6,282/month, 28% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Alverno College enrolls 631 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 71/100 (higher = more diverse). Alverno College has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 27%, Hispanic 42%, Black 19%, Asian 5%.
Alverno College: Ethical Leadership and Community Engagement Focus
- Alverno College: Investing in Your Future, One Ability at a Time
- Beyond the Degree: Alverno Graduates Forge Paths in Healthcare, Education, and Beyond
- Milwaukee's Women's College: A Value Proposition Rooted in Community and Career Readiness
Report Card: Overall Grade D+
Alverno College receives an overall grade of D+ based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C+
- Affordability: B+
College Analysis
Alverno College is a Private Nonprofit institution in Milwaukee, WI with approximately 631 students. Alverno College has a strong focus on women's education and offers a unique curriculum that emphasizes ethical leadership and community engagement. The college has a high admission rate, indicating a welcoming and inclusive environment, but a lower-than-average graduation rate. Alverno College's median earnings 10 years post-graduation are above the national average, suggesting good career outcomes.
The Verdict: Is Alverno College Worth It?
Alverno College presents a complex value proposition. With a median 10-year earning potential of $53,145 against an in-state tuition of $34,086 per year and median debt of $27,000, the financial return is not immediately compelling, as indicated by the ROI score of -61. A graduate with $27,000 in debt, earning $53,145 annually, would likely take several years to pay off their loans, especially after accounting for living expenses and taxes. The graduation rate of 49.9% also raises concerns about student success and completion. However, Alverno's unique abilities-based curriculum and its focus on developing women leaders in fields like healthcare and education may offer intangible benefits not captured by raw financial metrics. For students who thrive in this specific pedagogical environment and are committed to leveraging the college's strong ties within the Milwaukee community, the value might be higher than the numbers suggest. For those prioritizing immediate high financial returns or a broader national job market reach, Alverno might be less attractive. It's not a clear 'gem' nor an outright 'overpriced' option, but rather a niche institution whose value is highly dependent on individual student goals and how well they align with Alverno's distinct educational model and regional focus. A direct comparison to the cost of attendance versus median earnings suggests a long road to financial recovery, making it a potentially challenging investment for some.
Return on Investment
While Alverno College offers a unique educational experience, the high median debt and lower-than-average graduation rate may make the degree less financially rewarding compared to some peer institutions.
Debt Reality Check
Median student debt at Alverno 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: 1.2 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.
Strengths
- Strong focus on ethical leadership and community engagement
- High percentage of Hispanic students
- Unique curriculum
Weaknesses
- Lower-than-average graduation rate
- Higher median debt
- Tuition is the same for in-state and out-of-state students
Academic Profile
Retention Rate: 61.0%.
Alverno College distinguishes itself with a distinctive strengths-based curriculum focused on competence, knowledge, and power, preparing women for personal and professional success. The college is particularly renowned for its strong programs in nursing and education, consistently producing highly skilled graduates in these critical fields. Other notable departments include business, psychology, and public health, all designed with a practical, hands-on approach. Research opportunities, while perhaps not as extensive as at large research universities, are integrated into the curriculum, allowing students to engage in faculty-mentored projects and gain valuable experience. The faculty at Alverno are dedicated educators committed to student success, often serving as mentors and guides. While specific faculty salary data is unavailable, the intimate class sizes (implied by the small student body) suggest a high level of faculty accessibility and personalized attention. The honors program offers advanced students enriched academic experiences and opportunities for deeper engagement with their chosen fields. Alverno also encourages global perspectives through study abroad programs, allowing students to broaden their horizons and gain international experience. Academic support is a cornerstone of the Alverno experience, with resources like tutoring, writing centers, and academic advising readily available to ensure students have the tools they need to thrive.
Financial Aid Guide for Alverno College
Pell Grant recipients: 45.1%. Students taking federal loans: 46.7%.
Navigating financial aid at Alverno College involves understanding its commitment to making education accessible, particularly for women. The college offers a combination of merit-based and need-based aid. Given the private, nonprofit status and the specific mission of Alverno, prospective students should expect that financial aid packages will be a crucial component of affordability. Merit aid is often tied to academic achievement demonstrated through high school performance, and while specific scholarship amounts vary, they are designed to reward strong candidates. Need-based aid, determined by the Free Application for Federal Student Aid (FAFSA) and potentially the college's own financial aid application, plays a significant role. Alverno aims to bridge the gap between the cost of attendance and a family's ability to pay. Work-study opportunities are likely available, providing students with on-campus employment to help fund their education while gaining valuable experience. Typical aid packages can vary widely based on individual circumstances, but students from lower to middle-income brackets often receive substantial grants and scholarships to offset the sticker price of $34,086. It's advisable to research specific Alverno scholarships, often detailed on their financial aid website, and to apply early. While Alverno is generally supportive of financial aid, direct negotiation of aid packages, as might be seen at some highly selective institutions, may be less common; the focus is typically on the established aid formulas and available institutional resources. Early and thorough application for all forms of aid is the most effective strategy.
Hidden Costs at Alverno College
- Room and board costs can range from approximately $10,000 to $13,000 per academic year, depending on the chosen meal plan and housing option.
- Textbooks and course materials can add an estimated $1,000 to $1,500 annually.
- Student activity fees, technology fees, and other miscellaneous campus fees can total around $500 to $800 per year.
- Transportation costs, including commuting or travel to and from campus, can vary significantly but budget at least $500-$1,000 annually.
- Personal expenses such as toiletries, entertainment, and incidental spending might require an additional $1,500 to $2,500 per year.
- Health insurance, if not covered by a parent's plan, can add approximately $2,000 to $3,000 annually.
- Parking permits for students who drive to campus can cost between $100 and $300 per academic year.
Alumni Outcomes & Career Paths
Alverno College, a private women's college in Milwaukee, WI, focuses on a distinctive abilities-based curriculum that aims to prepare graduates for impactful careers. While specific data on major employers actively recruiting from Alverno is not publicly detailed, the college's emphasis on practical application and professional development suggests graduates are well-positioned for roles in sectors prevalent in the Milwaukee metropolitan area and beyond. Key industries where Alverno alumni tend to cluster include healthcare, education, social services, and business. Many graduates find employment within large regional healthcare systems like Advocate Aurora Health and Ascension Wisconsin, as well as in local school districts and non-profit organizations. The college's career services are designed to foster strong internship pipelines, often connecting students with opportunities at organizations such as Children's Wisconsin, the Milwaukee Public Museum, and various community-based agencies. These internships serve as crucial stepping stones to full-time employment. Graduate school placement rates are not prominently published, but the rigorous academic environment and focus on critical thinking skills likely support successful transitions to further study for those who choose that path. Notable alumni, while not widely publicized, are often found in leadership positions within their respective fields, reflecting the college's commitment to developing strong, capable women. Geographic hiring patterns for Alverno graduates primarily center around the greater Milwaukee area, with a significant portion also finding opportunities in other parts of Wisconsin and the Midwest. The college's strong ties within the local community and its reputation for producing well-prepared, adaptable professionals contribute to this regional focus.
Campus Life & Culture at Alverno College
Alverno College serves a predominantly female student body, reflecting its mission to empower women. The student population is diverse, with a significant representation of minority students and a mix of traditional and non-traditional aged learners. Students who thrive at Alverno are often self-motivated, community-oriented, and seeking a supportive environment that fosters personal and academic growth.
Alverno College cultivates a unique and supportive campus culture deeply rooted in its mission to empower women. The 'vibe' is one of collaboration, personal growth, and a strong sense of community, rather than a typical bustling college town scene. With 631 students, it's an intimate environment where relationships with faculty and peers are central. Social life is often centered around campus events, academic pursuits, and shared experiences. While Alverno doesn't have a traditional Greek life system, student organizations play a vital role. These range from academic clubs tied to specific majors like nursing or education, to interest-based groups and student government. The college actively encourages student leadership and engagement through these avenues. Housing is available on campus, offering a convenient and immersive experience for students who wish to live close to classes and campus resources. Dining services provide meal plans designed to cater to student needs within the residential community. Athletics are present, though perhaps not the primary focus for all students, offering opportunities for participation and team spirit. The campus itself, located in Milwaukee, provides access to the city's cultural attractions, internships, and recreational opportunities, allowing students to balance their academic lives with urban exploration. The emphasis is on creating a safe, inclusive, and empowering space where students can focus on their education and personal development.
Campus Highlights
- Alverno's distinctive strengths-based curriculum, focusing on developing competencies and empowering students.
- A strong emphasis on leadership development and social justice for women.
- Renowned nursing and education programs with a history of producing highly competent graduates.
- The intimate campus environment fostering strong faculty-student relationships and a close-knit community.
- Located in Milwaukee, offering access to urban internships, cultural experiences, and diverse communities.
- A commitment to holistic student development, integrating academic, personal, and professional growth.
- The historic and beautiful campus setting in a vibrant city.
Location & Regional Advantages
Alverno College's location in Milwaukee, Wisconsin, offers a unique blend of urban advantages and Midwestern charm. Milwaukee boasts a diverse and growing job market, particularly strong in healthcare, manufacturing, finance, and education. Major employers like Advocate Aurora Health, Northwestern Mutual, and Harley-Davidson provide a robust landscape for graduates seeking employment. The cost of living in Milwaukee is notably lower than in many major coastal cities, making the median debt of $27,000 more manageable and potentially accelerating the debt payoff timeline. While Milwaukee doesn't sit within a major coastal industry hub, it is part of the broader Great Lakes region, which has a strong industrial and technological base. Proximity to Chicago, about a 90-minute drive south, offers access to an even larger and more diverse job market and cultural amenities. Quality of life in Milwaukee is high, with a vibrant arts scene, numerous parks, a beautiful lakefront, and a rich cultural heritage. The city is known for its friendly atmosphere and strong sense of community. Weather is typical of the Midwest, with four distinct seasons, including cold, snowy winters and warm, humid summers. Safety varies by neighborhood, as in any large city, but many areas are considered safe and family-friendly. The location provides a solid foundation for graduates to launch their careers, particularly within Wisconsin's key economic sectors, while offering a more affordable lifestyle than many other college towns.
How to Get Into Alverno College
Alverno College's admission rate of 85.7% indicates a moderately selective admissions process, meaning that while a strong academic record is valued, the college is accessible to a broad range of qualified students. The admissions office likely looks for candidates who align with Alverno's mission of empowering women and who demonstrate potential for academic success and personal growth. While SAT/ACT scores are not provided, a solid GPA reflecting consistent effort and achievement in high school coursework is essential. The essay is a critical component, offering applicants the chance to showcase their personality, aspirations, and how they connect with Alverno's values. Topics that highlight leadership, resilience, community involvement, or a passion for a particular field of study would likely resonate. Demonstrated interest is important; engaging with the college through campus visits (virtual or in-person), attending information sessions, and communicating with the admissions team can positively influence your application. Alverno does not appear to offer Early Decision or Early Action, so the primary application deadline will be the standard one, typically in the spring. Focus on presenting a well-rounded application that emphasizes your unique strengths and your commitment to making the most of the Alverno experience.
How Alverno College Compares to Similar Schools
Similar schools: Mount Mary University, Marquette University, Cardinal Stritch University, Edgewood College
Advantages
- Strong focus on women's leadership development
- Unique abilities-based curriculum fostering practical skills
- Deeply embedded within the Milwaukee community and its professional networks
- Potentially more personalized attention due to smaller class sizes
Disadvantages
- Lower overall graduation rate compared to some peers
- More limited national brand recognition
- Median earnings are lower than some larger, more research-intensive universities
Best For
- Students seeking a more traditional liberal arts education may find Alverno College's unique curriculum limiting.
- Prospective students should consider the lower-than-average graduation rate when evaluating the college.
- Students who are not interested in community engagement and ethical leadership may not find the college's focus appealing.
Avoid If
- Students who are passionate about ethical leadership and community engagement should consider Alverno College.
- Prospective students who are looking for a small, women-focused college with a strong emphasis on personal development and community service should consider Alverno College.
Frequently Asked Questions about Alverno College
How much does it cost to attend Alverno College?
In-state tuition at Alverno College is $34,086 per year, and out-of-state tuition is $34,086 per year. The median student debt at graduation is $27,000.
What is the acceptance rate at Alverno College?
Alverno College has an acceptance rate of 85.7%.
What is the graduation rate at Alverno College?
Alverno College has a graduation rate of 49.9%.
How much do Alverno College graduates earn?
The median earnings for Alverno College graduates 10 years after enrollment is $53,145. With median debt of $27,000, graduates earn roughly 2.0x their debt level annually.
How big is Alverno College?
Alverno College has approximately 631 students and is classified as a small institution. It is located in Milwaukee, WI and is a Private Nonprofit institution.
Is Alverno College worth the cost?
Alverno College has an ROI score of -61 out of 100. With in-state tuition of $34,086 per year and median post-graduation earnings of $53,145, the data suggests the return on investment may be below average.
Where is Alverno College located?
Alverno College is located in Milwaukee, WI. It is a Private Nonprofit institution with approximately 631 students.
How much student debt do Alverno College graduates have?
The median student debt for Alverno College graduates is $27,000. With median earnings of $53,145 ten years after enrollment, graduates can expect a debt-to-income ratio of 51%.
Is Alverno College a good college?
Alverno College has a graduation rate of 49.9% and median post-graduation earnings of $53,145. Alverno College has a high percentage of Hispanic students, reflecting its commitment to diversity.
How does Alverno College compare to similar colleges?
The college offers a unique curriculum that integrates ethics and leadership into various disciplines. Compared to peer institutions, Alverno College offers a distinctive curriculum that emphasizes ethical leadership and community engagement, which may not be as prevalent in other colleges.
What career prospects do Alverno College graduates have?
Graduates of Alverno College are well-prepared for careers in fields that value ethical leadership and community engagement, such as non-profit organizations and social services.
What should prospective students know about Alverno College?
Alverno College is well-positioned in the market for women-focused, ethical leadership programs, but may struggle to compete with larger institutions in terms of graduation rates.
What makes Alverno College stand out?
Alverno College has a strong focus on community engagement, with many programs and initiatives that encourage students to give back.
What are the pros and cons of attending Alverno College?
The college's tuition is the same for in-state and out-of-state students, making it more accessible.
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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.