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Claremont McKenna College

Claremont, CA 91711-6400 — Private Nonprofit

Value Score: 85/100 | ROI Score: -61 | Affordability Score: 55/100

Tuition (In-State): $67,980 | Out-of-State: $67,980

Acceptance Rate: 9.6% | Graduation Rate: 93.3% | Retention Rate: 98.1%

Median Earnings (10yr): $104,736 | Median Debt: $13,500

SAT Average: 1527 | ACT Midpoint: 34

Student Body Size: 1,388 (small)

Pell Grant Recipients: 18.1% | Federal Loan Rate: 20.9%

Average Faculty Salary: $16,701/month

Tuition & Affordability Analysis

In-state tuition at Claremont McKenna College is $67,980 per year, which is 73% above the national average for private institutions.

Out-of-state students pay $67,980/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: $271,920 (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 Claremont McKenna College:

  • Families earning $0–$30,000: $15,308/year
  • Families earning $30,001–$48,000: $7,360/year
  • Families earning $48,001–$75,000: $16,389/year
  • Families earning $75,001–$110,000: $19,325/year
  • Families earning $110,000+: $52,295/year

Low-income families receive an average discount of $52,672/year, paying just 23% of the sticker price.

Admissions Snapshot

Claremont McKenna College has an acceptance rate of 9.6%, placing it in the Most Selective (under 10%) category. This means roughly 3,618 students apply each year.

With an acceptance rate under 20%, Claremont McKenna 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 1527, 44% above the national average. This places Claremont McKenna College among the top-tier institutions for academic preparedness.

The ACT midpoint is 34, 62% above the national average.

Graduate Outcomes & Return on Investment

93.3% of students at Claremont McKenna 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: 98.1% (21% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.

Graduates of Claremont McKenna College earn a median salary of $104,736 ten years after enrollment, 156% above the national average. This represents a $69,736/year earnings premium over the average high school diploma holder, or $2,092,080 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $13,500, 37% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $147/month, with a total repayment of $17,640 (including $4,140 in interest).

Debt-to-Earnings Ratio: 0.13x. 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 Claremont McKenna College pays for itself in approximately 4 years. This is an excellent return on investment.

Financial Aid Profile

18.1% of students at Claremont McKenna College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 45% 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.

20.9% of students take federal loans, 55% 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: $16,701/month, 91% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Claremont McKenna College enrolls 1,388 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 82/100 (higher = more diverse). Claremont McKenna College has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 36%, Hispanic 15%, Black 4%, Asian 17%.

Claremont McKenna College: High-Quality Education with Strong Earnings Potential

Report Card: Overall Grade C+

Claremont McKenna College receives an overall grade of C+ based on six dimensions:

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

College Analysis

Claremont McKenna College is a Private Nonprofit institution in Claremont, CA with approximately 1,388 students. Claremont McKenna College has a high graduation rate and strong earnings potential, making it a valuable investment. The college's small size and strong academic focus contribute to its high-quality education. Claremont McKenna College offers a unique liberal arts education with a strong emphasis on economics and public policy.

The Verdict: Is Claremont McKenna College Worth It?

Claremont McKenna College presents a complex value proposition. With an out-of-state tuition of $67,980 and a median 10-year earnings of $104,736, the earnings are significantly higher than the national average, but the initial cost is substantial. The median debt of $13,500 is relatively low, which is a positive indicator. However, the ROI score of -61 suggests that, based on certain metrics, the immediate financial return might not fully offset the cost in the short term. To break even on tuition alone (ignoring living expenses and interest), it would take approximately 1.5 years of post-graduation earnings ($67,980 / $104,736 * 1 year ≈ 0.65 years, but this is a simplified calculation). Considering the debt, the payoff timeline is still relatively short compared to many institutions. The true value lies in CMC's strong alumni network, career services, and placement into high-earning fields like finance and consulting, which can accelerate long-term earning potential far beyond the median. Verdict: Claremont McKenna College is a high-value investment for students targeting careers in finance, consulting, or public policy, provided they leverage the school's resources effectively. While the sticker price is high, the strong career outcomes and low debt make it a defensible choice, though not necessarily a "deal." It's a solid investment for ambitious students.

Return on Investment

Despite the high cost, the strong earnings potential and high graduation rate make the degree from Claremont McKenna College worth the investment.

Debt Reality Check

Median student debt at Claremont McKenna College: $13,500. Monthly payment on a standard 10-year plan: $153/month. Total repaid: $18,360 ($4,860 in interest).

Breakeven vs high school diploma: 0.2 years. Debt burden: Low. Salary needed for comfortable repayment: $18,360.

Strengths

  • Strong academic focus
  • High graduation rate
  • High earnings potential

Weaknesses

  • High tuition costs
  • Limited financial aid options
  • High median debt upon graduation

Academic Profile

SAT Average: 1527. ACT Midpoint: 34. Retention Rate: 98.1%.

CMC's academic prowess is concentrated in its strengths in economics, government, international relations, and public affairs, though it offers a well-rounded liberal arts education. The faculty is highly regarded, with a student-faculty ratio that, while not explicitly provided, is known to be very low given the college's size and commitment to undergraduate teaching. This ensures personalized attention and close mentorship. Research opportunities are abundant, particularly for students interested in policy, economics, and data analysis, with many students engaging in faculty-led research projects or independent studies. The Rose Institute of State and Local Government and the Lowe Institute of Political Economy are prominent research centers that provide hands-on experience. CMC also boasts a robust honors program, the Marian Miner Cook Honors College, which offers advanced seminars and research opportunities for its select students. Study abroad is strongly encouraged, with CMC students participating in a wide array of programs globally, often leveraging the resources of the other Claremont Colleges. Academic support is comprehensive, including dedicated writing and tutoring centers, and academic advising that is deeply integrated with faculty mentorship. The curriculum emphasizes critical thinking, quantitative reasoning, and effective communication, preparing students for leadership roles in various sectors.

Financial Aid Guide for Claremont McKenna College

Pell Grant recipients: 18.1%. Students taking federal loans: 20.9%.

Claremont McKenna College is committed to meeting the full demonstrated financial need of its students, employing a combination of need-based grants, scholarships, and work-study opportunities. CMC does not offer merit scholarships; all aid is awarded based on financial need. For the 2023-2024 academic year, the total cost of attendance (tuition, fees, room, and board) was approximately $82,000. CMC's financial aid packages are designed to be generous, with the average need-based grant for the entering class being substantial. For families with incomes below $60,000, CMC aims to provide aid that covers the full cost of attendance, often including grants that do not need to be repaid. For families with incomes between $60,000 and $150,000, aid packages will vary but are still designed to be significant, often covering a large portion of the costs through grants and potentially work-study. Work-study opportunities are available, providing students with the chance to earn money through on-campus employment, typically ranging from $2,000 to $4,000 per academic year. CMC is generally not known for significant aid negotiation; their philosophy is to meet demonstrated need comprehensively. Prospective students should submit the CSS Profile and FAFSA by the stated deadlines to be considered for all aid. It's crucial to review CMC's specific financial aid policies and deadlines on their website, as these can be updated annually.

Hidden Costs at Claremont McKenna College

  • Meal Plan: While tuition covers a base meal plan, additional dining dollars or meals can add up, potentially costing an extra $500-$1,500 per year depending on student eating habits.
  • Textbooks and Supplies: Students should budget approximately $1,000-$1,500 annually for textbooks, course materials, and necessary supplies.
  • Personal Expenses: This includes toiletries, laundry, entertainment, and other miscellaneous items, which can range from $1,000-$2,500 per year.
  • Transportation: Travel to and from home, weekend trips, and local transportation can cost $500-$2,000 annually, depending on distance and frequency.
  • Technology Fees: While not always explicitly itemized, some technology-related fees or the need for updated personal electronics can add $200-$500 per year.
  • Health Insurance: If a student is not covered by a parent's plan, CMC's student health insurance plan can cost upwards of $3,000-$4,000 annually.
  • Activity Fees: While many student organizations are free, some may have dues or require contributions for events, adding an occasional $100-$300 per year.

Alumni Outcomes & Career Paths

Claremont McKenna College (CMC), despite its small size, boasts a powerful alumni network and strong career outcomes, particularly in finance, consulting, and public policy. Major employers actively recruit CMC graduates, including top-tier firms like McKinsey & Company, Bain & Company, The Boston Consulting Group (BCG), Goldman Sachs, J.P. Morgan, and Morgan Stanley. The tech sector also attracts CMC talent, with companies such as Google and Amazon frequently hiring alumni. In government and public service, graduates find roles at institutions like the U.S. Department of State, the World Bank, and various think tanks.

Industries where CMC alumni cluster are heavily weighted towards financial services (investment banking, asset management, private equity), management consulting, and public affairs/government. The college's strong emphasis on economics, government, and international relations naturally channels graduates into these fields. Graduate school placement is also robust, with alumni frequently attending prestigious programs at Harvard, Stanford, Yale, and Oxford, particularly in law, business, and public policy.

Notable alumni include former President of South Korea, Lee Myung-bak; former U.S. Secretary of State, George Shultz; and numerous CEOs and partners at major corporations. CMC's career services are highly regarded, offering personalized advising, extensive networking events, and robust internship support. The college actively cultivates internship pipelines through its "Atkin Fellowships" and "Rose Fellowship" programs, placing students in competitive roles globally. Geographic hiring patterns show a strong presence in major financial hubs like New York City and Los Angeles, as well as Washington D.C. for public policy roles. Silicon Valley also draws a significant number of CMC graduates into tech and venture capital.

Campus Life & Culture at Claremont McKenna College

CMC attracts ambitious, intellectually curious, and civically engaged students from diverse geographic and socioeconomic backgrounds, with a significant portion coming from California and other Western states, alongside a strong national and international presence. Students who thrive here are often driven leaders, passionate about economics, government, or international relations, and who value a close-knit community and robust intellectual discourse.

Claremont McKenna College (CMC) offers a vibrant and intellectually charged campus life, deeply intertwined with its unique consortium setting. As one of the five undergraduate colleges of the Claremont Colleges, CMC students enjoy access to the resources, social events, and academic programs of Scripps, Pomona, Pitzer, and Harvey Mudd, creating a larger, more diverse student body than CMC's 1,388 students might suggest. The 'CMC vibe' is often described as ambitious, engaged, and community-oriented, with a strong emphasis on leadership and public affairs. Social life is robust, fueled by a mix of on-campus events, parties hosted by the three fraternities (Sigma Lambda Beta, Kappa Alpha Theta, and Alpha Phi), and the broader social scene across the 5Cs. Many students live on campus throughout their four years, with housing options ranging from traditional dorms to apartment-style living, often clustered into distinct 'neighborhoods' that foster close-knit communities. The Athenaeum, affectionately known as 'The Atheneum' or 'The A,' serves as the intellectual and social heart of campus, hosting lectures, debates, and informal gatherings, often with free food, making it a popular student hub. Dining is managed through a points-based system across the 5Cs, offering variety and flexibility. Student organizations are plentiful, covering everything from academic clubs and cultural groups to political action committees and outdoor adventure clubs. Athletics are competitive, with CMC teams often competing in the SCIAC conference, and students are encouraged to participate in intramural sports across the consortium. The overall atmosphere is one of driven individuals who also value collaboration and a strong sense of belonging.

Campus Highlights

  • The Claremont Colleges Consortium: Unparalleled access to the resources, faculty, and social life of five distinct liberal arts colleges.
  • The Athenaeum: The intellectual and social hub of campus, fostering debate, discussion, and community.
  • Strong emphasis on leadership and public affairs: Numerous institutes and programs dedicated to developing future leaders.
  • Beautiful Southern California location: Proximity to Los Angeles, mountains, and beaches.
  • Residential College Model: Most students live on campus, fostering a tight-knit community.
  • Focus on undergraduate research: Ample opportunities for students to engage in faculty-led research.
  • Commitment to financial aid: Generous need-based aid ensures access for a diverse student body.

Location & Regional Advantages

Claremont McKenna College's location in Claremont, California, offers a unique blend of advantages and challenges. Situated in the Inland Empire, approximately 35 miles east of Los Angeles, Claremont provides a more suburban and academically focused environment compared to the bustling metropolis itself. The local job market in Claremont is modest, but its proximity to the greater Los Angeles area is a significant asset. This grants CMC students access to a vast and diverse job market spanning entertainment, technology, finance, aerospace, and international trade. Major industry hubs like Downtown Los Angeles, Santa Monica (tech), and Burbank (media) are within commuting distance, allowing students to secure internships and entry-level positions.

The cost of living in Claremont is generally lower than in coastal Los Angeles cities but still reflects Southern California's overall expense. However, the quality of life is high, with Claremont known for its "city of trees" charm, a vibrant downtown village, and a strong sense of community. The weather is classic Southern California – sunny and mild year-round, contributing to an active outdoor lifestyle. Safety is generally good in Claremont, which is often cited as a safe city.

This location facilitates career opportunities by providing access to a wide array of internships and entry-level jobs through the extensive Southern California network. While not directly situated within a major tech or finance hub, the ability to commute or relocate to nearby Los Angeles opens up a wealth of possibilities for CMC graduates across numerous sectors. The college's strong alumni network further leverages this geographic advantage, connecting students with opportunities throughout the region and beyond.

How to Get Into Claremont McKenna College

Gaining admission to Claremont McKenna College, with its highly selective 9.6% acceptance rate, requires a compelling and well-rounded application that highlights intellectual curiosity, leadership potential, and a strong fit with CMC's mission. While CMC does not offer Early Decision or Early Action, demonstrating a strong commitment through a timely application is crucial. The admissions committee deeply values academic rigor; applicants typically have a GPA well above 3.8 and a challenging course load. While SAT/ACT scores are not currently required, for those who submit them, strong scores are expected. The essays are paramount. Focus on showcasing your unique voice, intellectual passions, and how you've demonstrated leadership or initiative. Essays that reflect on your experiences, articulate your values, and connect them to CMC's specific programs and ethos tend to resonate. Demonstrated interest is important; engage with CMC through virtual or in-person information sessions, campus tours (if possible), and by connecting with admissions representatives. Building relationships and showing genuine enthusiasm for CMC's specific offerings, particularly its strengths in economics, government, and public affairs, will set you apart. The timeline should involve thorough research into CMC's programs and culture well in advance, starting the application process early in the senior year, and submitting by the regular decision deadline.

How Claremont McKenna College Compares to Similar Schools

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

Advantages

  • Stronger focus on economics and public affairs, leading to specialized career paths in finance and policy.
  • Exceptional internship support and dedicated career services tailored to high-finance and consulting placements.
  • Smaller class sizes and more personalized attention within a liberal arts framework.

Disadvantages

  • Less diverse range of academic programs compared to larger liberal arts colleges.
  • Smaller alumni network overall, though highly concentrated in specific lucrative fields.

Best For

  • Students interested in a strong focus on economics and public policy
  • Students seeking a small, personalized educational experience

Avoid If

  • Students looking for a broader range of majors
  • Students on a tight budget

Frequently Asked Questions about Claremont McKenna College

How much does it cost to attend Claremont McKenna College?

In-state tuition at Claremont McKenna College is $67,980 per year, and out-of-state tuition is $67,980 per year. The median student debt at graduation is $13,500.

What is the acceptance rate at Claremont McKenna College?

Claremont McKenna College has an acceptance rate of 9.6%.

What is the graduation rate at Claremont McKenna College?

Claremont McKenna College has a graduation rate of 93.3%.

How much do Claremont McKenna College graduates earn?

The median earnings for Claremont McKenna College graduates 10 years after enrollment is $104,736. With median debt of $13,500, graduates earn roughly 7.8x their debt level annually.

How big is Claremont McKenna College?

Claremont McKenna College has approximately 1,388 students and is classified as a small institution. It is located in Claremont, CA and is a Private Nonprofit institution.

Is Claremont McKenna College worth the cost?

Claremont McKenna College has an ROI score of -61 out of 100. With in-state tuition of $67,980 per year and median post-graduation earnings of $104,736, the data suggests the return on investment may be below average.

Where is Claremont McKenna College located?

Claremont McKenna College is located in Claremont, CA. It is a Private Nonprofit institution with approximately 1,388 students.

How much student debt do Claremont McKenna College graduates have?

The median student debt for Claremont McKenna College graduates is $13,500. With median earnings of $104,736 ten years after enrollment, graduates can expect a debt-to-income ratio of 13%.

Is Claremont McKenna College a good college?

Claremont McKenna College has a graduation rate of 93.3% and median post-graduation earnings of $104,736. High graduation rate of 93.34%

How does Claremont McKenna College compare to similar colleges?

Median earnings of $104,736 after 10 years Compared to peer institutions, Claremont McKenna College offers a unique blend of a liberal arts education with a strong emphasis on economics and public policy, which can lead to high earnings potential.

What career prospects do Claremont McKenna College graduates have?

Graduates of Claremont McKenna College are well-prepared for careers in finance, economics, and public policy.

What should prospective students know about Claremont McKenna College?

Claremont McKenna College is well-positioned in the market as a top-tier liberal arts institution with a strong focus on economics and public policy.

What makes Claremont McKenna College stand out?

Strong focus on economics and public policy

What are the pros and cons of attending Claremont McKenna College?

Small class sizes and personalized education

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