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Amherst College

Amherst, MA 01002-5000 — Private Nonprofit

Value Score: 85/100 | ROI Score: -72 | Affordability Score: 35/100

Tuition (In-State): $70,480 | Out-of-State: $70,480

Acceptance Rate: 9.0% | Graduation Rate: 93.7% | Retention Rate: 97.3%

Median Earnings (10yr): $77,644 | Median Debt: $13,740

SAT Average: 1533 | ACT Midpoint: 33

Student Body Size: 1,911 (small)

Pell Grant Recipients: 19.8% | Federal Loan Rate: 8.4%

Average Faculty Salary: $15,606/month

Tuition & Affordability Analysis

In-state tuition at Amherst College is $70,480 per year, which is 79% above the national average for private institutions.

Out-of-state students pay $70,480/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: $281,920 (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 Amherst College:

  • Families earning $0–$30,000: $1,086/year
  • Families earning $30,001–$48,000: $1,570/year
  • Families earning $48,001–$75,000: $17,478/year
  • Families earning $75,001–$110,000: $23,639/year
  • Families earning $110,000+: $47,521/year

Low-income families receive an average discount of $69,394/year, paying just 2% of the sticker price.

Admissions Snapshot

Amherst College has an acceptance rate of 9.0%, placing it in the Most Selective (under 10%) category. This means roughly 5,302 students apply each year.

With an acceptance rate under 20%, Amherst College is among the most competitive institutions in the country. Strong academics, extracurriculars, and compelling essays are essential.

The average SAT score of admitted students is 1533, 45% above the national average. This places Amherst College among the top-tier institutions for academic preparedness.

The ACT midpoint is 33, 57% above the national average.

Graduate Outcomes & Return on Investment

93.7% of students at Amherst College complete their degree, 51% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.

First-year retention rate: 97.3% (20% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.

Graduates of Amherst College earn a median salary of $77,644 ten years after enrollment, 90% above the national average. This represents a $42,644/year earnings premium over the average high school diploma holder, or $1,279,320 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $13,740, 36% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $149/month, with a total repayment of $17,880 (including $4,140 in interest).

Debt-to-Earnings Ratio: 0.18x. 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 Amherst College pays for itself in approximately 7 years. This is a reasonable investment timeline.

Financial Aid Profile

19.8% of students at Amherst College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 40% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.

8.4% of students take federal loans, 82% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.

Average faculty salary: $15,606/month, 79% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Amherst College enrolls 1,911 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 81/100 (higher = more diverse). Amherst College has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 36%, Hispanic 14%, Black 9%, Asian 16%.

Amherst College: Strong Academic Performance and High Earnings Potential

Report Card: Overall Grade C

Amherst College receives an overall grade of C based on six dimensions:

  • Academics: A+
  • Value: F
  • Outcomes: B+
  • Affordability: D

College Analysis

Amherst College is a Private Nonprofit institution in Amherst, MA with approximately 1,911 students. Amherst College boasts a strong academic reputation with a high graduation rate and robust earnings potential. The college offers a high value proposition despite its high tuition, with a relatively low median debt. Amherst College has a diverse student body, with significant representation from Asian and Hispanic students.

The Verdict: Is Amherst College Worth It?

Amherst College presents a complex value proposition. With an out-of-state tuition of $70,480 and a median 10-year earnings of $77,644, the immediate return on investment appears modest, with earnings only slightly exceeding the annual tuition cost. However, this figure likely doesn't account for the significant impact of a liberal arts education on long-term career trajectory, graduate school attainment, and the development of critical thinking and communication skills highly valued by employers. The median debt of $13,740 is remarkably low for a private institution of this caliber, suggesting strong financial aid and a commitment to affordability for its students. While the raw numbers might suggest a less immediate financial payoff, the ROI score of -72, coupled with the low debt, indicates that Amherst is likely a sound investment over the long term, especially for those who leverage the strong alumni network and pursue high-earning fields like finance or consulting. The true value lies in the quality of education, the prestige of the degree, and the lifelong network it provides. It's not a 'quick flip' investment, but rather a strategic one for individuals seeking intellectual growth and a foundation for diverse, high-impact careers. Recommendation: A worthwhile investment for those seeking a transformative liberal arts education and willing to capitalize on its extensive network and reputation for long-term career success.

Return on Investment

While the degree from Amherst College is highly valuable, the high cost may not be worth it for all students.

Debt Reality Check

Median student debt at Amherst College: $13,740. Monthly payment on a standard 10-year plan: $156/month. Total repaid: $18,720 ($4,980 in interest).

Breakeven vs high school diploma: 0.3 years. Debt burden: Low. Salary needed for comfortable repayment: $18,720.

Strengths

  • Strong academic programs and high graduation rate
  • Highly selective admissions process
  • Diverse student body

Weaknesses

  • High tuition and median debt
  • Small campus size
  • Limited extracurricular activities compared to larger institutions

Academic Profile

SAT Average: 1533. ACT Midpoint: 33. Retention Rate: 97.3%.

Amherst College is renowned for its exceptional liberal arts education, consistently ranked among the top institutions in the nation. The academic core is built around a broad range of disciplines, with particular strengths in English, Political Science, Economics, and History. The college offers 40 majors, and students are encouraged to explore interdisciplinary studies. A hallmark of the Amherst experience is the close relationship students develop with faculty. With a student-faculty ratio of 7:1 and a commitment to undergraduate teaching, professors are highly accessible, often serving as mentors and research advisors. While specific faculty salary data isn't provided, the caliber of scholars at Amherst, many of whom are leaders in their fields, suggests a highly competitive compensation structure. Research opportunities are abundant, with many students engaging in independent research projects, often culminating in senior theses, and participating in summer research programs. The Five College Consortium (Amherst, Hampshire, Mount Holyoke, Smith, and UMass Amherst) significantly expands academic offerings, allowing students to take courses at any of the partner institutions, access specialized libraries, and engage with a broader academic community. Honors programs are integrated into many departments, providing advanced coursework and research opportunities for high-achieving students. Academic support is robust, with writing centers, tutoring services, and dedicated advisors ensuring students have the resources to succeed.

Financial Aid Guide for Amherst College

Pell Grant recipients: 19.8%. Students taking federal loans: 8.4%.

Amherst College is deeply committed to making its exceptional education accessible to all admitted students, regardless of their financial background. The college employs a need-based financial aid policy, meaning it meets 100% of demonstrated financial need for all students. This applies to both domestic and international students. Amherst does not offer merit scholarships; all aid is awarded based on financial circumstances. For families with annual incomes below $65,000, Amherst typically provides grants that cover full tuition, room, and board, meaning no contribution is expected from the family. For families with incomes between $65,000 and $150,000, grants will cover a significant portion of costs, with expected family contributions decreasing as income rises. For families above $150,000, aid packages will still be substantial, often covering a large percentage of tuition and fees. Work-study opportunities are available as part of aid packages, providing students with on-campus employment to earn money towards their expenses. Typical aid packages can range from $50,000 to over $75,000 annually, depending on a family's specific financial situation. Scholarship tips are less relevant here, as Amherst focuses on need-based aid. However, students should diligently complete the CSS Profile and FAFSA, as these are the primary tools for determining aid eligibility. Negotiating aid at Amherst is generally not possible in the traditional sense, as the college's commitment is to meet demonstrated need based on a standardized calculation. However, if a family experiences a significant change in financial circumstances after the initial application, they can appeal for a re-evaluation of their aid package.

Hidden Costs at Amherst College

  • Textbooks and course materials can range from $1,000 to $1,500 per academic year.
  • Personal expenses, including toiletries, laundry, and entertainment, can add up to $2,000 to $3,000 annually.
  • Transportation costs for travel home during breaks or weekend trips can vary widely but budget at least $500 to $1,000 per year.
  • Health insurance, if not covered by a parent's plan, can cost upwards of $3,000 per year.
  • Optional fees for specific clubs, activities, or events might total $200 to $500 annually.
  • A laptop and necessary software, if not already owned, could be an initial investment of $1,000 to $2,000.

Alumni Outcomes & Career Paths

Amherst College, a highly selective liberal arts institution, cultivates a strong network of alumni who achieve success across a diverse range of fields. Major employers that actively recruit Amherst graduates include top-tier consulting firms like McKinsey & Company, Bain & Company, and Boston Consulting Group, as well as prominent financial institutions such as J.P. Morgan, Goldman Sachs, and Morgan Stanley. Technology giants like Google, Microsoft, and Amazon also frequently hire Amherst alumni. Industries where alumni tend to cluster are finance, consulting, education, law, technology, and non-profit management.

Graduate school placement is exceptionally strong, with a significant percentage of graduates pursuing advanced degrees in fields like law, medicine, and various PhD programs at prestigious universities such as Harvard, Yale, Stanford, and Oxford. Amherst's career services are renowned for their personalized approach, offering robust advising, extensive networking opportunities, and strong support for internship and job searches. The college boasts a robust internship pipeline, with students securing placements at organizations like the Brookings Institution, the National Institutes of Health, and various Broadway theaters. Geographic hiring patterns show a strong presence in major metropolitan areas, particularly New York City, Boston, Washington D.C., and San Francisco, reflecting the national reach of its recruiting partners and the career aspirations of its graduates. Notable alumni span various sectors, including former U.S. President Calvin Coolidge, acclaimed author David Foster Wallace, and numerous leaders in business, academia, and public service.

Campus Life & Culture at Amherst College

Amherst attracts a highly accomplished and diverse student body, with a significant percentage of students from lower-income backgrounds due to its robust need-based financial aid. The geographic mix is national and international, bringing together students with varied perspectives. Students who thrive here are intellectually curious, self-motivated, and eager to engage deeply with both academics and campus life.

Amherst College cultivates a vibrant, intellectually charged campus culture that seamlessly blends academic rigor with a surprisingly robust social scene. The 'vibe' is one of engaged curiosity, where students are passionate about their studies but also deeply invested in extracurricular pursuits and meaningful connections. While Amherst doesn't have a traditional Greek life system, social life often revolves around the five residential areas (South, North, East, West, and the newer Greenway), each with its own distinct character and programming. These areas foster a strong sense of community, with students often forming close-knit groups within their dorms. Beyond housing, the college boasts over 100 student organizations, ranging from the highly competitive debate society and the a cappella groups like the Zumbyes, to the outdoor adventure club that frequently organizes trips to the surrounding Pioneer Valley. Athletics are a significant part of campus life, with strong Division III programs in sports like football, basketball, and lacrosse, fostering spirited rivalries, particularly with nearby Williams College. The Mead Art Museum and the scenic campus, dotted with historic buildings and expansive green spaces, provide beautiful backdrops for student life. Social events are frequent, often organized by student groups, the colleges, or the administration, ensuring there's always something happening, from lectures and film screenings to parties and concerts. The town of Amherst itself is an extension of the college experience, offering a lively downtown with shops, restaurants, and cafes that are popular student hangouts.

Campus Highlights

  • The Five College Consortium, offering unparalleled academic and cultural cross-registration opportunities.
  • Amherst's strong commitment to need-based financial aid, making it accessible to a wide range of students.
  • The intimate student-faculty ratio of 7:1, fostering close mentorship and personalized academic guidance.
  • The beautiful, historic campus located in the heart of the Pioneer Valley, offering a quintessential New England college experience.
  • A vibrant student body engaged in over 100 clubs and organizations, ensuring diverse extracurricular involvement.
  • The strong tradition of undergraduate research, with ample opportunities for students to contribute to scholarly work.
  • The emphasis on a liberal arts education that encourages critical thinking, broad intellectual exploration, and personal growth.

Location & Regional Advantages

Amherst College's location in Amherst, Massachusetts, offers a unique blend of academic community and access to broader opportunities. While Amherst itself is a quintessential college town with a vibrant cultural scene and a relatively low cost of living compared to major urban centers, its geographic position within the Pioneer Valley provides strategic advantages. The immediate area boasts a high concentration of academic institutions, fostering a rich intellectual environment. Proximity to Boston (approximately a 2-hour drive) is a significant asset, offering access to a major hub for finance, biotechnology, technology, and healthcare industries. This allows students to tap into internship and job markets in the Greater Boston area, with many graduates finding employment in companies like Vertex Pharmaceuticals, Wayfair, and Fidelity Investments.

The quality of life in Amherst is high, characterized by a strong sense of community, access to outdoor recreation in the surrounding Berkshire Mountains, and a generally safe environment. The weather is typical of New England, with distinct seasons including cold winters and warm summers. While the immediate job market in Amherst is primarily driven by education and local services, the college's strong reputation and the accessibility of Boston and, to a lesser extent, New York City (a 3.5-hour drive) significantly broaden career opportunities post-graduation. The college actively leverages its network to connect students with opportunities in these larger economic centers, mitigating any limitations of its more rural setting.

How to Get Into Amherst College

Gaining admission to Amherst College is exceptionally competitive, requiring a stellar academic record and compelling personal qualities. Amherst offers Early Decision (ED) and Regular Decision (RD) plans. While ED can offer a slight advantage due to demonstrated commitment, the primary focus remains on the strength of your application. Amherst values intellectual curiosity, a genuine passion for learning, and a demonstrated commitment to community and making a positive impact. Aim for a GPA that is at the very top of your high school class, typically a 4.0 or equivalent, with a rigorous course load including AP or IB classes. While SAT/ACT scores are not currently required, if submitted, they would reflect exceptional performance. The admissions committee scrutinizes essays closely; focus on authentic storytelling that reveals your personality, intellectual interests, and values. Essays that showcase your ability to think critically, engage with complex ideas, and articulate your unique perspective are highly effective. Demonstrated interest is not a significant factor in admissions decisions at Amherst; focus instead on crafting a genuine and thorough application. The timeline is crucial: begin researching Amherst early, engage with their virtual or in-person information sessions, and start drafting your essays well in advance of the deadlines (typically November 1 for ED and January 1 for RD).

How Amherst College Compares to Similar Schools

Similar schools: Williams College, Swarthmore College, Wellesley College, Pomona College

Advantages

  • Exceptional national reputation and selectivity, leading to strong employer recognition and graduate school placement.
  • Remarkably low median student debt, indicating strong financial aid and accessibility.
  • A highly engaged and influential alumni network that provides significant career support and opportunities.

Disadvantages

  • Higher sticker price compared to some public liberal arts options.
  • Location in a smaller college town may offer fewer immediate local internship opportunities compared to schools closer to major metropolitan areas.

Best For

  • Students seeking a larger campus with more extracurricular activities may find Amherst College too small.
  • Prospective students with lower financial means may find the high tuition and median debt challenging.

Avoid If

  • Students looking for a more diverse range of extracurricular activities and larger campus may want to consider other options.
  • Students with a preference for larger class sizes and more resources may find Amherst College less suitable.

Frequently Asked Questions about Amherst College

How much does it cost to attend Amherst College?

In-state tuition at Amherst College is $70,480 per year, and out-of-state tuition is $70,480 per year. The median student debt at graduation is $13,740.

What is the acceptance rate at Amherst College?

Amherst College has an acceptance rate of 9.0%.

What is the graduation rate at Amherst College?

Amherst College has a graduation rate of 93.7%.

How much do Amherst College graduates earn?

The median earnings for Amherst College graduates 10 years after enrollment is $77,644. With median debt of $13,740, graduates earn roughly 5.7x their debt level annually.

How big is Amherst College?

Amherst College has approximately 1,911 students and is classified as a small institution. It is located in Amherst, MA and is a Private Nonprofit institution.

Is Amherst College worth the cost?

Amherst College has an ROI score of -72 out of 100. With in-state tuition of $70,480 per year and median post-graduation earnings of $77,644, the data suggests the return on investment may be below average.

Where is Amherst College located?

Amherst College is located in Amherst, MA. It is a Private Nonprofit institution with approximately 1,911 students.

How much student debt do Amherst College graduates have?

The median student debt for Amherst College graduates is $13,740. With median earnings of $77,644 ten years after enrollment, graduates can expect a debt-to-income ratio of 18%.

Is Amherst College a good college?

Amherst College has a graduation rate of 93.7% and median post-graduation earnings of $77,644. High graduation rate of 93.67%

How does Amherst College compare to similar colleges?

Median earnings 10 years after graduation are $77,644 Compared to peer institutions, Amherst College offers a high value proposition with strong academic performance and robust earnings potential, despite its high tuition.

What career prospects do Amherst College graduates have?

Graduates of Amherst College are well-positioned for successful careers in a variety of fields, thanks to the college's strong academic programs and connections.

What should prospective students know about Amherst College?

Amherst College is well-positioned in the market as a top-tier liberal arts college, attracting high-achieving students and offering a high-quality education.

What makes Amherst College stand out?

Admission rate of 9.01% indicates a selective admissions process

What are the pros and cons of attending Amherst College?

Diverse student body with 36.42% white, 8.9% black, 13.81% Hispanic, and 16.48% Asian students

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.