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Dartmouth College

Hanover, NH 03755-3529 — Private Nonprofit

Value Score: 85/100 | ROI Score: -64 | Affordability Score: 55/100

Tuition (In-State): $68,268 | Out-of-State: $68,268

Acceptance Rate: 5.4% | Graduation Rate: 95.8% | Retention Rate: 98.4%

Median Earnings (10yr): $97,434 | Median Debt: $17,500

SAT Average: 1534 | ACT Midpoint: 34

Student Body Size: 4,541 (medium)

Pell Grant Recipients: 14.3% | Federal Loan Rate: 12.0%

Average Faculty Salary: $19,770/month

Tuition & Affordability Analysis

In-state tuition at Dartmouth College is $68,268 per year, which is 73% above the national average for private institutions.

Out-of-state students pay $68,268/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: $273,072 (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 Dartmouth College:

  • Families earning $0–$30,000: $41/year
  • Families earning $30,001–$48,000: $489/year
  • Families earning $48,001–$75,000: $2,695/year
  • Families earning $75,001–$110,000: $8,534/year
  • Families earning $110,000+: $52,036/year

Low-income families receive an average discount of $68,227/year, paying just 0% of the sticker price.

Admissions Snapshot

Dartmouth College has an acceptance rate of 5.4%, placing it in the Most Selective (under 10%) category. This means roughly 21,023 students apply each year.

With an acceptance rate under 20%, Dartmouth 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 1534, 45% above the national average. This places Dartmouth College among the top-tier institutions for academic preparedness.

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

Graduate Outcomes & Return on Investment

95.8% of students at Dartmouth College complete their degree, 54% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.

First-year retention rate: 98.4% (22% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.

Graduates of Dartmouth College earn a median salary of $97,434 ten years after enrollment, 138% above the national average. This represents a $62,434/year earnings premium over the average high school diploma holder, or $1,873,020 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $17,500, 19% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $190/month, with a total repayment of $22,800 (including $5,300 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 Dartmouth College pays for itself in approximately 5 years. This is an excellent return on investment.

Financial Aid Profile

14.3% of students at Dartmouth College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 57% 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.

12.0% of students take federal loans, 74% 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: $19,770/month, 127% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Dartmouth College enrolls 4,541 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 78/100 (higher = more diverse). Dartmouth College has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 44%, Hispanic 10%, Black 6%, Asian 13%.

Dartmouth College: A Selective, High-Value Institution with Strong Academic and Earnings Outcomes

Report Card: Overall Grade C

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

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

College Analysis

Dartmouth College is a Private Nonprofit institution in Hanover, NH with approximately 4,541 students. Dartmouth College offers a strong academic environment with a high graduation rate and robust earnings potential. The college provides a high value for its graduates, with a median earnings of $97,434 after 10 years. Dartmouth has a selective admission process, with a low admission rate of 5.4%, indicating a high-quality student body.

The Verdict: Is Dartmouth College Worth It?

Dartmouth College presents a complex value proposition. With an out-of-state tuition of $68,268 and a median 10-year earnings of $97,434, the initial financial outlay is substantial. The median debt of $17,500 is relatively low for a private institution of this caliber, suggesting that many students either receive significant aid or manage their borrowing effectively. However, the reported ROI score of -64 indicates a negative return on investment within the first decade, primarily driven by the high sticker price. While the median earnings are strong, they take time to recoup the initial investment. To pay off $17,500 in debt at a 5% interest rate over 10 years would require monthly payments of approximately $180. If we consider the total cost of attendance over four years (roughly $300,000+), the median earnings of $97,434 annually would require approximately 3-4 years of post-graduation work to simply match the cost, let alone generate a positive return. Despite the negative ROI score, Dartmouth's brand prestige, strong alumni network, and access to high-paying industries mean that graduates often exceed the median earnings significantly over their careers. The value is not in a quick financial payback but in the long-term earning potential and career opportunities unlocked by the degree. Recommendation: Dartmouth is a worthwhile investment for students who can secure significant financial aid or scholarships, or for those whose career aspirations align with the high-paying sectors where Dartmouth excels, and who prioritize long-term career trajectory over immediate financial return.

Return on Investment

Despite the high tuition, the strong academic programs and high earnings potential make Dartmouth a worthwhile investment for students who value a prestigious education.

Debt Reality Check

Median student debt at Dartmouth College: $17,500. Monthly payment on a standard 10-year plan: $199/month. Total repaid: $23,880 ($6,380 in interest).

Breakeven vs high school diploma: 0.3 years. Debt burden: Low. Salary needed for comfortable repayment: $23,880.

Strengths

  • Strong academic programs and high graduation rate
  • Highly selective and prestigious institution
  • Robust alumni network and career opportunities

Weaknesses

  • High tuition cost
  • Limited financial aid options
  • High student debt upon graduation

Academic Profile

SAT Average: 1534. ACT Midpoint: 34. Retention Rate: 98.4%.

Dartmouth's academic identity is defined by its liberal arts core, even within its professional schools (Tuck, Thayer, Geisel). The College emphasizes a broad undergraduate education, encouraging students to explore diverse fields before specializing. Notable strengths lie in its Economics, Government, and English departments, but its smaller size allows for intimate seminars and close faculty mentorship across the board. The undergraduate research opportunities are exceptional, with many students engaging in faculty-led projects, often culminating in senior theses. The student-faculty ratio, while not explicitly provided, is known to be low, fostering accessibility to professors. Dartmouth's 'D-Plan' is a unique academic calendar that allows students to take terms off for internships, research, or study abroad, offering incredible flexibility. The Guarini School of Graduate and Advanced Studies offers opportunities for undergraduates to take graduate-level courses. Honors programs are available in many departments, providing advanced coursework and research for high-achieving students. Study abroad is highly encouraged, with numerous Dartmouth-run programs and partnerships worldwide. Academic support is robust, including the Academic Skills Center, tutoring services, and dedicated advisors who help students navigate the D-Plan and their academic journey.

Financial Aid Guide for Dartmouth College

Pell Grant recipients: 14.3%. Students taking federal loans: 12.0%.

Dartmouth is committed to meeting 100% of demonstrated financial need for all admitted students, a significant advantage for families. Their financial aid packages are primarily need-based, meaning they don't offer merit scholarships. For families with incomes below $75,000, Dartmouth typically offers aid packages that cover full tuition, room, board, and fees, often with no expected parent contribution. For families earning between $75,000 and $150,000, aid packages are still substantial, often covering a significant portion of tuition and other costs, with a smaller expected parent contribution. Work-study is a common component of aid packages, providing students with on-campus job opportunities to earn money towards their expenses. Federal loans are also incorporated into packages for some students, depending on their demonstrated need. Dartmouth's average need-based grant for the Class of 2027 was approximately $60,000, significantly reducing the net price of attendance. While Dartmouth is generous with need-based aid, negotiating aid packages is generally not a fruitful endeavor, as their methodology is designed to be comprehensive and equitable. The best strategy is to submit a thorough and accurate financial aid application, including the CSS Profile and FAFSA, by their deadlines.

Hidden Costs at Dartmouth College

  • Meal plans can range from $3,000 to $4,500 per academic year, depending on the chosen plan.
  • Textbooks and course materials can easily add $1,000 to $1,500 annually.
  • Personal expenses, including toiletries, laundry, and entertainment, can amount to $1,500 to $2,500 per year.
  • Transportation to and from campus, especially for students traveling long distances, can cost $500 to $1,500 annually.
  • Optional fees for specific clubs, organizations, or events can add up, potentially $200 to $500 per year.
  • Health insurance, if not covered by a parent's plan, can cost upwards of $3,000 per year.
  • Winter clothing and gear for outdoor activities can be an initial investment of $300 to $800.

Alumni Outcomes & Career Paths

Dartmouth College graduates are highly sought after, entering a diverse range of prestigious fields. Major employers actively recruiting on campus include top-tier consulting firms like McKinsey & Company, Bain & Company, and Boston Consulting Group (BCG), as well as investment banks such as Goldman Sachs, J.P. Morgan, and Morgan Stanley. Technology giants like Google, Amazon, and Microsoft also recruit heavily, particularly for roles in software engineering, product management, and data science. In finance, alumni cluster in investment banking, private equity (e.g., KKR, Blackstone), hedge funds, and asset management. The consulting and finance sectors are particularly strong pipelines for Dartmouth graduates. Beyond these, significant numbers pursue careers in healthcare, often through graduate programs or roles in hospital administration and research, and in the non-profit sector, including roles in policy, advocacy, and international development. Graduate school placement rates are exceptionally high, with many students matriculating into top programs at institutions like Harvard, Stanford, Yale, and Columbia for fields such as law, medicine, business, and public policy. Notable alumni span various sectors, including former President of the United States, George H.W. Bush; Netflix co-founder, Reed Hastings; and numerous CEOs and leaders in business, arts, and public service. Dartmouth's career services are highly regarded, offering robust alumni networking opportunities, personalized advising, and strong internship placement support. The college cultivates internship pipelines through its strong connections with major corporations and its alumni network, facilitating experiences at companies like NBCUniversal, Deloitte, and various startups. Geographic hiring patterns show a strong presence in major metropolitan areas, particularly New York City, Boston, San Francisco/Silicon Valley, and Washington D.C., reflecting the dominant industries that recruit from Dartmouth.

Campus Life & Culture at Dartmouth College

Dartmouth attracts a geographically diverse student body, with a significant representation from both New England and other regions of the US, as well as a growing international population. Students who thrive here are typically intellectually curious, possess a strong sense of initiative, enjoy collaborative environments, and often have an affinity for the outdoors and a desire for a close-knit community. The student body is generally characterized by a blend of high achievers who are also well-rounded individuals with diverse interests.

Dartmouth's campus culture is often described as a unique blend of intense academic rigor and a surprisingly robust, close-knit social scene, all set against the backdrop of its stunning, rural New Hampshire location. The 'Dartmouth experience' is deeply intertwined with its undergraduate focus; it's the only Ivy League school that exclusively serves undergraduates. This fosters a strong sense of community and a 'town and gown' feel in Hanover, a quintessential New England college town. The social life is famously centered around Greek life, with a significant portion of students participating in fraternities and sororities, which often host major social events. However, it's not the only avenue for connection. The Dartmouth Outing Club (DOC) is legendary, offering a gateway to the surrounding wilderness through hiking, skiing, and camping trips, and it's a fantastic way to meet students across all years and majors. Housing is guaranteed for all four years, with options ranging from traditional dorms in the 'neighborhoods' like the River Cluster or South Hall, to apartment-style living for upperclassmen. Dining is also a communal affair, with multiple dining halls and a growing number of retail dining options. Athletics are a huge part of Dartmouth pride, with fierce rivalries, especially against Harvard and Yale, and strong support for both varsity and club sports. The general vibe is one of engaged, outdoorsy, and intellectually curious students who value both deep friendships and challenging academic pursuits. Expect a strong sense of tradition, from freshman trips to Homecoming, and a palpable sense of belonging that many alumni cherish long after graduation.

Campus Highlights

  • The Dartmouth Outing Club (DOC): The largest and oldest collegiate outing club in the nation, offering unparalleled access to outdoor adventure.
  • The D-Plan: A flexible academic calendar allowing for unique internships, research, and study abroad experiences.
  • Undergraduate Focus: As the only Ivy League school exclusively for undergraduates, fostering a tight-knit community.
  • Hanover's Charm: A quintessential New England college town experience with a vibrant downtown adjacent to campus.
  • The Green: The iconic central quad, a hub for student life, events, and relaxation.
  • Strong Athletic Tradition: Fierce Ivy League rivalries and passionate student support for Big Green teams.
  • Guaranteed Housing: All four years of housing are guaranteed, providing stability and community.

Location & Regional Advantages

Dartmouth College's location in Hanover, New Hampshire, offers a unique blend of pastoral charm and strategic access. While Hanover itself is a small, picturesque New England town, its relative isolation is a key characteristic. The local job market directly in Hanover is limited, primarily revolving around the college itself, local healthcare facilities like Dartmouth-Hitchcock Medical Center, and small businesses. However, the college's strength lies in its ability to leverage its reputation to draw opportunities from afar. The cost of living in Hanover is moderate to high, typical for desirable New England college towns, but significantly lower than major metropolitan hubs. Dartmouth's proximity to Boston (about a 2.5-hour drive) is a significant advantage, providing access to a major hub for finance, biotech, tech, and healthcare industries. Proximity to New York City (about a 4-hour drive) further expands career reach. While not directly adjacent to a major industry hub, Dartmouth's rural setting contributes to a high quality of life, characterized by safety, a strong sense of community, and abundant outdoor recreational opportunities (hiking, skiing, etc.). The weather is classic New England, with distinct seasons, including cold, snowy winters and pleasant summers. This location fosters a close-knit campus community and allows students to focus intensely on their studies, but it requires proactive effort from students to tap into the broader job markets in Boston or New York through internships and networking.

How to Get Into Dartmouth College

Gaining admission to Dartmouth is exceptionally competitive, requiring a near-flawless academic record and compelling personal narrative. Dartmouth offers Early Decision (ED), which can provide a slight advantage for highly qualified candidates who are certain Dartmouth is their top choice. The admissions committee deeply values intellectual curiosity, a demonstrated passion for learning, and a strong sense of community engagement. While specific GPA and test score ranges are not published due to holistic review, successful applicants typically have GPAs well above 3.9 and standardized test scores in the top percentiles (though test-optional policies may be in effect). Essays are crucial; focus on authentic storytelling that reveals your personality, values, and unique contributions. Topics that showcase intellectual vitality, resilience, or a deep engagement with a particular interest tend to resonate. Demonstrated interest is considered, so actively engage with Dartmouth through virtual or in-person events, connect with admissions officers, and articulate your specific reasons for wanting to attend Dartmouth in your application. For ED, apply by November 1st; for Regular Decision, the deadline is typically January 1st. Ensure all supplemental essays are meticulously crafted and submitted well before the deadline.

How Dartmouth College Compares to Similar Schools

Similar schools: Brown University, Cornell University, University of Pennsylvania, Princeton University

Advantages

  • Strong sense of undergraduate community and close-knit campus culture (the 'Dartmouth experience')
  • Exceptional alumni network strength and engagement, particularly in finance and consulting
  • Unique D-Plan academic calendar allows for flexibility in internships and study abroad
  • Smaller undergraduate population compared to some Ivy League peers, fostering more intimate class sizes and faculty interaction

Disadvantages

  • More remote location compared to urban-based Ivies like Penn or Columbia, requiring more effort to access major job markets
  • Fewer graduate programs and research centers on campus compared to larger research universities like Cornell or Penn, potentially limiting interdisciplinary research opportunities for undergraduates

Best For

  • Dartmouth is best for students who value a highly selective, prestigious institution with strong academic programs and robust earnings potential.
  • Ideal for students who are willing to invest in a high-quality education and are looking for a strong return on investment.

Avoid If

  • Avoid Dartmouth if you are looking for a more affordable option, as its tuition is high.
  • Not recommended for students who do not value the prestige and strong alumni network that comes with attending a top-tier institution.

Frequently Asked Questions about Dartmouth College

How much does it cost to attend Dartmouth College?

In-state tuition at Dartmouth College is $68,268 per year, and out-of-state tuition is $68,268 per year. The median student debt at graduation is $17,500.

What is the acceptance rate at Dartmouth College?

Dartmouth College has an acceptance rate of 5.4%.

What is the graduation rate at Dartmouth College?

Dartmouth College has a graduation rate of 95.8%.

How much do Dartmouth College graduates earn?

The median earnings for Dartmouth College graduates 10 years after enrollment is $97,434. With median debt of $17,500, graduates earn roughly 5.6x their debt level annually.

How big is Dartmouth College?

Dartmouth College has approximately 4,541 students and is classified as a medium institution. It is located in Hanover, NH and is a Private Nonprofit institution.

Is Dartmouth College worth the cost?

Dartmouth College has an ROI score of -64 out of 100. With in-state tuition of $68,268 per year and median post-graduation earnings of $97,434, the data suggests the return on investment may be below average.

Where is Dartmouth College located?

Dartmouth College is located in Hanover, NH. It is a Private Nonprofit institution with approximately 4,541 students.

How much student debt do Dartmouth College graduates have?

The median student debt for Dartmouth College graduates is $17,500. With median earnings of $97,434 ten years after enrollment, graduates can expect a debt-to-income ratio of 18%.

Is Dartmouth College a good college?

Dartmouth College has a graduation rate of 95.8% and median post-graduation earnings of $97,434. Dartmouth has a high graduation rate of 95.75%.

How does Dartmouth College compare to similar colleges?

The median earnings for graduates 10 years after graduation is $97,434. Compared to peer institutions, Dartmouth offers a high value with strong academic and earnings outcomes, despite its high tuition.

What career prospects do Dartmouth College graduates have?

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

What should prospective students know about Dartmouth College?

Dartmouth College holds a strong market position, attracting top-tier students and offering a high return on investment for its graduates.

What makes Dartmouth College stand out?

The college has a low admission rate of 5.4%, indicating a selective and high-quality student body.

What are the pros and cons of attending Dartmouth College?

Dartmouth's tuition is the same for in-state and out-of-state students at $68,268.

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