Binghamton University
Vestal, NY 13850-6000 — Public
Value Score: 91/100 | ROI Score: 91 | Affordability Score: 90/100
Tuition (In-State): $10,567 | Out-of-State: $30,447
Acceptance Rate: 38.6% | Graduation Rate: 82.6% | Retention Rate: 89.4%
Median Earnings (10yr): $80,596 | Median Debt: $18,500
SAT Average: 1415 | ACT Midpoint: 32
Student Body Size: 14,655 (large)
Pell Grant Recipients: 28.1% | Federal Loan Rate: 39.4%
Average Faculty Salary: $11,086/month
Tuition & Affordability Analysis
In-state tuition at Binghamton University is $10,567 per year, which is 3% below the national average for public institutions.
Out-of-state students pay $30,447/year — a premium of $19,880 over in-state rates. Over four years, out-of-state students pay approximately $79,520 more than their in-state peers.
Estimated four-year tuition cost: $42,268 (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 Binghamton University:
- Families earning $0–$30,000: $12,171/year
- Families earning $30,001–$48,000: $15,281/year
- Families earning $48,001–$75,000: $20,347/year
- Families earning $75,001–$110,000: $23,533/year
- Families earning $110,000+: $28,475/year
Admissions Snapshot
Binghamton University has an acceptance rate of 38.6%, placing it in the Selective (35–50%) category. This means roughly 9,489 students apply each year.
The average SAT score of admitted students is 1415, 33% above the national average. This places Binghamton University among the top-tier institutions for academic preparedness.
The ACT midpoint is 32, 52% above the national average.
Graduate Outcomes & Return on Investment
82.6% of students at Binghamton University complete their degree, 33% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.
First-year retention rate: 89.4% (10% above the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of Binghamton University earn a median salary of $80,596 ten years after enrollment, 97% above the national average. This represents a $45,596/year earnings premium over the average high school diploma holder, or $1,367,880 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $18,500, 14% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $201/month, with a total repayment of $24,120 (including $5,620 in interest).
Debt-to-Earnings Ratio: 0.23x. 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 Binghamton University pays for itself in approximately 1 years. This is an excellent return on investment.
Financial Aid Profile
28.1% of students at Binghamton University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 15% 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.
39.4% of students take federal loans, 16% below the national average. This is a moderate borrowing rate.
Average faculty salary: $11,086/month, 27% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Binghamton University enrolls 14,655 undergraduate students. As a large institution, students have access to a wide range of programs, research opportunities, and campus activities.
Diversity Index: 68/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 51%, Hispanic 14%, Black 5%, Asian 19%.
Binghamton University: Strong Academic Quality, High Earnings, and High Affordability
- Binghamton University: Your Launchpad to High Earnings and Low Debt
- Unlock Your Future: Binghamton University Delivers Top-Tier Career Outcomes
- More Than a Degree: Experience the Vibrant Campus Life and Strong Community at Binghamton
Report Card: Overall Grade B
Binghamton University receives an overall grade of B based on six dimensions:
- Academics: B+
- Value: B
- Outcomes: A
- Affordability: C+
College Analysis
Binghamton University is a Public institution in Vestal, NY with approximately 14,655 students. Binghamton University has a strong graduation rate and high median earnings, indicating good academic quality and career prospects. The university offers a diverse student body, with significant representation from Asian and Hispanic students. Binghamton University provides a high return on investment, with a median earnings of $80,596 after 10 years. The university has a high affordability score, making it a cost-effective choice for students.
The Verdict: Is Binghamton University Worth It?
Binghamton University presents a compelling case for value, especially for New York State residents. With an in-state tuition of $10,567 and a median 10-year earning potential of $80,596, the return on investment is exceptionally strong. The median debt of $18,500 is remarkably low, suggesting graduates are not burdened by excessive student loans. To put it in perspective, the median earnings are over four times the annual in-state tuition cost. The debt payoff timeline, assuming a reasonable portion of income is allocated to loan repayment, could be as short as 2-3 years, significantly faster than the national average. Even for out-of-state students, while the tuition is higher ($30,447), the median earnings still provide a solid return, albeit with a longer debt repayment period. The ROI score of 91 further solidifies its position as an excellent investment. Recommendation: Binghamton University is a fantastic deal, particularly for in-state students. It offers a high-quality education with excellent career outcomes at a price point that makes it accessible and financially prudent. It's a hidden gem for those seeking strong career prospects without crippling debt.
Return on Investment
Binghamton University offers a high return on investment, with a median earnings of $80,596 after 10 years, making the degree worth the cost.
Debt Reality Check
Median student debt at Binghamton University: $18,500. Monthly payment on a standard 10-year plan: $210/month. Total repaid: $25,200 ($6,700 in interest).
Breakeven vs high school diploma: 0.4 years. Debt burden: Low. Salary needed for comfortable repayment: $25,200.
Strengths
- Strong academic programs and high graduation rates
- Highly affordable tuition and high ROI
- Diverse student body and strong community engagement
Weaknesses
- Higher out-of-state tuition costs
- Moderate representation of certain racial groups
- Moderate admission rate, which may limit access for some students
Academic Profile
SAT Average: 1415. ACT Midpoint: 32. Retention Rate: 89.4%.
Binghamton University is renowned for its strong academic programs, particularly within its undergraduate colleges and graduate schools. The Harpur College of Arts and Sciences is the largest and most comprehensive, offering a broad liberal arts education and serving as the foundation for many students' academic journeys. Key strengths include programs in the natural sciences, humanities, and social sciences. The Thomas J. Watson College of Engineering and Applied Science is highly regarded, consistently ranking among the top engineering schools and offering sought-after programs like Computer Engineering, Mechanical Engineering, and Biomedical Engineering. The School of Management (SOM) provides a robust business education, preparing students for careers in finance, marketing, and accounting. Beyond these flagship schools, Binghamton also excels in areas like nursing, public administration, and social work. Research opportunities are abundant, with faculty actively engaged in cutting-edge work across disciplines. Undergraduate students are encouraged to participate, often finding positions in labs or assisting with faculty research projects, providing invaluable hands-on experience. While specific faculty salary data isn't readily available, Binghamton's status as a leading public research university suggests a faculty composed of accomplished scholars and researchers. The student-faculty ratio, while not explicitly provided, is generally competitive for a public institution of its size, indicating accessible faculty interaction. The University offers a prestigious Honors College, providing enriched academic experiences, smaller class sizes, and priority registration for high-achieving students. Study abroad programs are extensive, allowing students to gain global perspectives through partnerships worldwide. Academic support is robust, with resources like the University Tutoring Center, the Writing Center, and dedicated academic advisors available to help students navigate their coursework and career aspirations.
Financial Aid Guide for Binghamton University
Pell Grant recipients: 28.1%. Students taking federal loans: 39.4%.
Navigating financial aid at Binghamton University requires understanding its commitment to both merit-based and need-based assistance. As a SUNY institution, Binghamton offers a range of aid options to make its quality education accessible. For New York State residents, the Excelsior Scholarship can significantly reduce or eliminate tuition costs for eligible students who meet certain academic and credit-hour requirements. Beyond state aid, Binghamton provides institutional merit scholarships, often awarded automatically based on academic achievement during the admissions process. These scholarships can range from a few thousand dollars to covering a portion of tuition and fees. Need-based aid, determined by the FAFSA and the NYS TAP application, is crucial for many students. Typical aid packages for students from lower-income households (e.g., under $50,000 annual income) often include a combination of federal Pell Grants (up to $7,395 for 2023-2024), state grants, institutional grants, and federal loans. For middle-income families (e.g., $75,000-$120,000 annual income), aid packages may consist more heavily of federal and institutional loans, with some merit or need-based grants. Work-study opportunities are also available, providing students with part-time jobs on campus or in the community to help cover living expenses. While Binghamton is generally not known for extensive aid negotiation, particularly for merit aid which is often awarded upfront, students facing significant financial changes or unique circumstances should contact the Financial Aid Office to discuss their situation. Scholarship applications, both institutional and external, are a vital way to supplement aid packages. Students should actively seek out scholarships related to their major, background, or interests, as these can significantly reduce the overall cost of attendance.
Hidden Costs at Binghamton University
- On-campus housing can range from $7,000 to $10,000 per academic year, depending on the dorm and room type.
- Meal plans vary, but a comprehensive plan can cost approximately $5,000 to $6,000 per academic year.
- Textbooks and course materials can easily add up to $1,000 to $1,500 per year.
- Mandatory student fees, covering services like health, recreation, and technology, typically amount to around $1,500 to $2,000 per academic year.
- Transportation costs, including travel home for breaks or local transit, can range from $500 to $2,000 annually, depending on distance.
- Parking permits for students who bring cars to campus can cost upwards of $400 per academic year.
- Health insurance, if not covered by a parent's plan, can add approximately $2,000 to $3,000 per academic year.
Alumni Outcomes & Career Paths
Binghamton University, a SUNY flagship, positions its graduates for success across a diverse range of industries, with a strong emphasis on technology, finance, healthcare, and public service. Major employers actively recruiting from Binghamton include IBM, which has a significant presence in the broader tech corridor near Vestal, as well as financial giants like JPMorgan Chase and Morgan Stanley, particularly for business and economics graduates. Healthcare sectors benefit from Binghamton's proximity to major medical centers, with alumni finding roles at institutions like NewYork-Presbyterian Hospital and Mount Sinai Health System. The consulting industry also recruits heavily, with firms such as Deloitte and EY seeking out Binghamton talent.
Industries where alumni cluster reflect these recruitment patterns: technology (software development, data analysis), finance (investment banking, financial analysis), healthcare (nursing, research, administration), and education. A notable percentage of graduates pursue advanced degrees, with strong placement rates in top-tier graduate and professional schools for fields like law, medicine, and engineering. Binghamton's career services are well-regarded, offering robust internship placement assistance and career counseling. The university cultivates internship pipelines with companies like Lockheed Martin and various New York State government agencies. Geographic hiring patterns show a strong concentration of alumni in the New York metropolitan area, followed by other major East Coast cities like Boston and Washington D.C., and a significant presence within New York State, particularly in the Southern Tier and Capital Region. Notable alumni include actor and director Rob Morrow, and former NFL player and coach, Joe Philbin.
Campus Life & Culture at Binghamton University
Binghamton University attracts a driven and intellectually curious student body, with a significant portion of students hailing from New York State, though a growing number of out-of-state and international students contribute to a diverse campus environment. Students who thrive here are typically self-motivated, enjoy a challenging academic environment, and are eager to engage in research, extracurricular activities, and community building.
Binghamton University, often referred to as 'Bing,' cultivates a vibrant and engaged campus culture that balances academic rigor with a lively social scene. Nestled in Vestal, NY, the university's main campus is a sprawling, modern environment with distinct residential communities, often called 'colleges,' each with its own unique character and academic focus. These colleges, such as Dickinson, Harpur, and Collegiate, foster a sense of belonging and provide a smaller community within the larger university. Social life thrives both within these colleges and across campus. Students can find their niche among over 400 student organizations, ranging from academic clubs and cultural groups to performance ensembles and community service initiatives. The University Union serves as a central hub for student activity, featuring dining options, lounges, and event spaces. For those seeking a more structured social experience, Greek life is present, with several fraternities and sororities contributing to campus events and philanthropy. Athletics are a significant part of the Bearcat spirit, with Division I sports drawing enthusiastic crowds to events, particularly football and basketball games. Beyond organized activities, students often gather in common spaces, explore nearby Binghamton city attractions, or enjoy the natural beauty of the surrounding Southern Tier region. The 'vibe' at Binghamton is often described as intellectually curious, driven, and community-oriented, attracting students who are eager to make the most of their college experience both inside and outside the classroom. Housing is primarily on-campus for freshmen and sophomores, with various dormitory styles available, and many upperclassmen move into off-campus apartments in the surrounding Vestal and Binghamton areas, which are often more affordable and offer greater independence. Dining services offer a range of options, from traditional dining halls to retail eateries, catering to diverse tastes and dietary needs.
Campus Highlights
- The unique 'college system' within the university, fostering smaller communities and distinct identities.
- Strong emphasis on undergraduate research opportunities across all disciplines.
- The highly-regarded Thomas J. Watson College of Engineering and Applied Science.
- Vibrant Division I athletics program, particularly the Binghamton Bearcats.
- A thriving arts and culture scene, with numerous student performance groups and campus events.
- Beautiful natural surroundings in the Southern Tier region, offering outdoor recreational opportunities.
- The University's commitment to sustainability and green initiatives.
Location & Regional Advantages
Binghamton University's location in Vestal, NY, offers a unique blend of academic rigor and a cost-effective living environment, though it presents certain geographic considerations for career opportunities. The local job market in the Southern Tier of New York is not as robust as major metropolitan areas, but it benefits from a growing tech sector, particularly around IBM's historical presence and related tech companies. The cost of living in Vestal is significantly lower than in major urban centers, making the overall cost of education and living more manageable.
Proximity to industry hubs is a key factor. While not directly in a major metropolis, Binghamton is within a reasonable driving distance (3-4 hours) of New York City, a global hub for finance, media, and arts, and Philadelphia, another significant East Coast economic center. This distance requires proactive networking and travel for internships and job fairs, but it's achievable for ambitious students. The quality of life in the Southern Tier is characterized by a more relaxed pace, access to outdoor recreation, and a strong sense of community. Weather includes distinct four seasons, with cold, snowy winters and warm summers. Safety is generally good, typical of a college town environment. The location's primary impact on career opportunities is the need for graduates to be strategic about leveraging the university's strong alumni network and career services to bridge the gap to major employment centers, particularly in the post-graduation job search.
How to Get Into Binghamton University
Gaining admission to Binghamton University, with its 38.6% acceptance rate, requires a strong academic profile and a demonstrated commitment to the university. Binghamton does not offer Early Decision or Early Action, so all applications are considered under Regular Decision. The admissions committee places significant emphasis on academic achievement, looking closely at GPA and the rigor of coursework. While SAT/ACT scores are not currently required, strong performance in these areas, if submitted, can still be a positive factor. For students who have taken standardized tests, aiming for scores well above the average for admitted students (though not explicitly published, likely in the 1250-1400 SAT range for those who submit) is advisable. The essay is a crucial component, offering a chance to showcase personality, critical thinking, and unique experiences. Topics that highlight resilience, intellectual curiosity, leadership, or a genuine passion for a particular field tend to resonate. Binghamton values students who are engaged in their communities and extracurricular activities, so demonstrating leadership, commitment, and impact outside the classroom is important. While Binghamton doesn't have a formal demonstrated interest policy, attending virtual or in-person information sessions, engaging with admissions counselors, and visiting campus (if possible) can subtly signal your enthusiasm. The application timeline is critical: aim to submit your application well before the January deadline to ensure it receives full consideration. Focus on presenting a cohesive narrative that highlights your academic strengths and personal qualities, aligning them with Binghamton's programs and values.
How Binghamton University Compares to Similar Schools
Similar schools: Stony Brook University, University at Buffalo, Syracuse University, Rutgers University-New Brunswick
Advantages
- Lower median debt compared to many private peers
- Strong ROI, especially for in-state students
- Access to SUNY's extensive research and internship network
- More affordable tuition than many comparable out-of-state public universities
Disadvantages
- Less prestigious national brand recognition than some private peers
- Geographic location offers fewer immediate, high-density job market opportunities compared to schools closer to NYC
- Smaller endowment and research funding compared to top-tier private institutions
Best For
- Students seeking a highly specialized program may find Binghamton University less competitive.
- Those looking for a more urban campus experience may prefer larger, more centrally located public universities.
Avoid If
- Students with a preference for smaller, more intimate campus environments may find Binghamton University too large.
- Those with a low tolerance for debt may find the median debt of $18,500 to be a concern.
Frequently Asked Questions about Binghamton University
How much does it cost to attend Binghamton University?
In-state tuition at Binghamton University is $10,567 per year, and out-of-state tuition is $30,447 per year. The median student debt at graduation is $18,500.
What is the acceptance rate at Binghamton University?
Binghamton University has an acceptance rate of 38.6%.
What is the graduation rate at Binghamton University?
Binghamton University has a graduation rate of 82.6%.
How much do Binghamton University graduates earn?
The median earnings for Binghamton University graduates 10 years after enrollment is $80,596. With median debt of $18,500, graduates earn roughly 4.4x their debt level annually.
How big is Binghamton University?
Binghamton University has approximately 14,655 students and is classified as a large institution. It is located in Vestal, NY and is a Public institution.
Is Binghamton University worth the cost?
Binghamton University has an ROI score of 91 out of 100. With in-state tuition of $10,567 per year and median post-graduation earnings of $80,596, the data suggests a positive return on investment.
Where is Binghamton University located?
Binghamton University is located in Vestal, NY. It is a Public institution with approximately 14,655 students.
How much student debt do Binghamton University graduates have?
The median student debt for Binghamton University graduates is $18,500. With median earnings of $80,596 ten years after enrollment, graduates can expect a debt-to-income ratio of 23%.
Is Binghamton University a good college?
Binghamton University has a graduation rate of 82.6% and median post-graduation earnings of $80,596. High graduation rate of 82.59%
How does Binghamton University compare to similar colleges?
Median earnings of $80,596 after 10 years Compared to peer institutions, Binghamton University offers a strong combination of academic quality, high earnings, and affordability, making it a competitive choice.
What career prospects do Binghamton University graduates have?
Graduates from Binghamton University are well-positioned for successful careers with high earning potential.
What should prospective students know about Binghamton University?
Binghamton University holds a strong market position, offering a balance of academic excellence and affordability.
What makes Binghamton University stand out?
Highly affordable with an affordability score of 90
What are the pros and cons of attending Binghamton University?
Diverse student body with significant Asian and Hispanic representation
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.