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Davidson College

Davidson, NC 28035 — Private Nonprofit

Value Score: 85/100 | ROI Score: -68 | Affordability Score: 55/100

Tuition (In-State): $64,410 | Out-of-State: $64,410

Acceptance Rate: 13.4% | Graduation Rate: 91.5% | Retention Rate: 94.6%

Median Earnings (10yr): $81,400 | Median Debt: $18,688

SAT Average: 1469

Student Body Size: 1,867 (small)

Pell Grant Recipients: 17.6% | Federal Loan Rate: 8.7%

Average Faculty Salary: $13,033/month

Tuition & Affordability Analysis

In-state tuition at Davidson College is $64,410 per year, which is 63% above the national average for private institutions.

Out-of-state students pay $64,410/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: $257,640 (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 Davidson College:

  • Families earning $0–$30,000: $9,497/year
  • Families earning $30,001–$48,000: $5,354/year
  • Families earning $48,001–$75,000: $6,759/year
  • Families earning $75,001–$110,000: $18,616/year
  • Families earning $110,000+: $42,346/year

Low-income families receive an average discount of $54,913/year, paying just 15% of the sticker price.

Admissions Snapshot

Davidson College has an acceptance rate of 13.4%, placing it in the Highly Selective (10–20%) category. This means roughly 3,491 students apply each year.

With an acceptance rate under 20%, Davidson 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 1469, 39% above the national average. This places Davidson College among the top-tier institutions for academic preparedness.

Graduate Outcomes & Return on Investment

91.5% of students at Davidson College complete their degree, 48% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.

First-year retention rate: 94.6% (17% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.

Graduates of Davidson College earn a median salary of $81,400 ten years after enrollment, 99% above the national average. This represents a $46,400/year earnings premium over the average high school diploma holder, or $1,392,000 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $18,688, 13% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $203/month, with a total repayment of $24,360 (including $5,672 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 Davidson College pays for itself in approximately 6 years. This is a reasonable investment timeline.

Financial Aid Profile

17.6% of students at Davidson College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 47% 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.

8.7% 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: $13,033/month, 49% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Davidson College enrolls 1,867 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 62/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 60%, Hispanic 11%, Black 7%, Asian 5%.

Davidson College: Strong Academic Quality and Career Outcomes with High Value

Report Card: Overall Grade C

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

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

College Analysis

Davidson College is a Private Nonprofit institution in Davidson, NC with approximately 1,867 students. Davidson College has a strong graduation rate and high median earnings, indicating good academic quality and career prospects. The college offers a high value for its tuition, with a relatively low median debt compared to its earnings potential. Davidson College has a diverse student body, with a significant proportion of Asian and Hispanic students, reflecting its commitment to inclusivity.

The Verdict: Is Davidson College Worth It?

Davidson College presents a complex value proposition. With an out-of-state tuition of $64,410 and a median 10-year earnings of $81,400, the immediate financial picture suggests a modest return. The median debt of $18,688 is relatively low, which is a positive indicator for affordability and debt management post-graduation. However, the ROI score of -68, while a single metric, raises a flag regarding the long-term financial return compared to the initial investment. To break even on tuition alone, assuming the median earnings are entirely from salary and ignoring taxes and living expenses, it would take approximately 2.5 years ($64,410 / $81,400 * 1 year). This doesn't account for the time it takes to reach that median salary, nor does it factor in the opportunity cost of not working during those years. Given the high sticker price and a median earning that, while respectable, doesn't dramatically outpace the cost, Davidson College is arguably overpriced for the average student purely from a financial ROI perspective. However, the value of a Davidson education extends beyond immediate financial returns, encompassing the strong alumni network, rigorous academics, and career services that often lead to higher earning potential in the long run, especially in competitive fields. For students who can secure significant financial aid or scholarships, or who are targeting high-paying careers in finance or consulting, the value proposition improves considerably. For the average student, it's a significant investment that requires careful consideration of financial aid and future career trajectory.

Return on Investment

Despite the high tuition cost, the strong academic and career outcomes, along with the high value proposition, make the degree worth the investment.

Debt Reality Check

Median student debt at Davidson College: $18,688. Monthly payment on a standard 10-year plan: $212/month. Total repaid: $25,440 ($6,752 in interest).

Breakeven vs high school diploma: 0.4 years. Debt burden: Low. Salary needed for comfortable repayment: $25,440.

Strengths

  • Strong academic and career outcomes
  • Highly selective admissions process
  • Diverse student body

Weaknesses

  • Higher tuition cost
  • Limited extracurricular activities compared to larger institutions
  • Less focus on research compared to larger research universities

Academic Profile

SAT Average: 1469. Retention Rate: 94.6%.

Davidson College is renowned for its rigorous liberal arts curriculum and a strong commitment to undergraduate teaching. The student-faculty ratio is exceptionally low, around 11:1, allowing for personalized attention and close mentorship. While specific faculty salary data isn't provided, the college's selectivity and endowment suggest a highly competitive environment for attracting top-tier educators. Notable academic strengths include strong programs in Economics, Political Science, English, and History, but Davidson excels across the humanities, social sciences, and natural sciences. The college offers numerous research opportunities for undergraduates, often involving close collaboration with faculty. Students can participate in summer research programs or pursue independent study. Davidson's commitment to global education is evident in its extensive study abroad programs, with over 70% of students participating in at least one international experience. The Davidson Scholars Program offers advanced academic challenges and research opportunities for high-achieving students. Academic support is robust, with resources like the Academic Skills Center providing tutoring, writing support, and academic coaching. The Honor Council, a student-led body, plays a significant role in upholding academic integrity, a cornerstone of the Davidson experience.

Financial Aid Guide for Davidson College

Pell Grant recipients: 17.6%. Students taking federal loans: 8.7%.

Davidson College is committed to making its education accessible through generous financial aid, primarily need-based. The college is 'need-blind' for domestic applicants, meaning your ability to pay does not factor into the admissions decision. Davidson also meets 100% of demonstrated financial need for all admitted students, a crucial commitment. For the 2023-2024 academic year, the total cost of attendance (tuition, fees, room, and board) was approximately $77,000. Typical financial aid packages for students from families with incomes below $60,000 often cover full tuition and fees, and sometimes even room and board, through a combination of grants and scholarships. For families with incomes between $60,000 and $100,000, significant grant aid is still common, reducing the net price considerably. Davidson offers a limited number of merit scholarships, but the vast majority of aid is need-based. Work-study opportunities are available, providing students with on-campus employment to help cover living expenses. Negotiating financial aid at Davidson is generally not a fruitful endeavor, as the college's commitment is to meet demonstrated need through its established formulas. The focus is on providing equitable aid based on a family's financial circumstances rather than on individual negotiation.

Hidden Costs at Davidson College

  • Books and supplies can range from $1,000 to $1,500 per academic year.
  • Personal expenses, including laundry, entertainment, and toiletries, can add up to $2,000-$3,000 annually.
  • Transportation costs for travel home or weekend trips can vary significantly, but budgeting $500-$1,000 per year is advisable.
  • Optional meal plan upgrades or snacks outside of the main dining halls might cost an additional $500-$1,000 per year.
  • Technology fees or the cost of a personal laptop (if not already owned) could be around $1,000-$2,000.
  • Health insurance, if a student is not covered by a parent's plan, is approximately $3,000-$4,000 annually.
  • Parking permits for students who bring cars to campus are typically around $200-$400 per year.

Alumni Outcomes & Career Paths

Davidson College, a highly selective liberal arts institution, cultivates strong post-graduation outcomes for its graduates, often referred to as Wildcats. The college boasts a robust network of alumni who are well-represented in various high-impact sectors. Major employers that actively recruit Davidson graduates include prominent firms in finance, consulting, and technology. For instance, companies like Goldman Sachs, Morgan Stanley, and Bank of America frequently hire Davidson alumni for roles in investment banking and financial analysis. Consulting giants such as McKinsey & Company, Boston Consulting Group, and Deloitte also actively seek out Davidson graduates for their analytical and problem-solving skills. In the tech sector, companies like Google, Amazon, and Microsoft are common destinations.

Industries where alumni cluster are diverse, reflecting the broad liberal arts education. Finance, law, education, healthcare, and technology are particularly strong. Many graduates pursue advanced degrees, with Davidson reporting strong graduate school placement rates in fields like law, medicine, and business. The career services at Davidson are highly regarded, offering personalized guidance, extensive networking opportunities, and robust internship support. The college emphasizes experiential learning, and its internship pipelines are well-established, often placing students in competitive summer roles in New York City, Washington D.C., Charlotte, and Boston. These internships frequently serve as direct pathways to full-time employment. Notable alumni span various fields, including former U.S. President Woodrow Wilson, actor and producer Ken Jeong, and numerous leaders in business and public service. Geographic hiring patterns show a strong presence in major East Coast metropolitan areas, particularly Charlotte, NC, due to its proximity and strong alumni network, as well as New York City and Washington D.C., reflecting the school's national reach and the career aspirations of its students.

Campus Life & Culture at Davidson College

Davidson College attracts a geographically diverse student body, with a significant portion coming from outside North Carolina, reflecting its national appeal. The student population is generally academically driven, intellectually curious, and engaged in extracurricular activities. Students who thrive here are often independent thinkers who value community, collaboration, and a liberal arts education that encourages broad exploration and critical inquiry.

Davidson College cultivates a vibrant, close-knit community deeply rooted in its liberal arts mission and Southern charm. The 'Davidson bubble' is a real phenomenon, fostering a strong sense of belonging among its approximately 1,800 students. Social life often revolves around campus events, student organizations, and the robust athletics program. The college boasts over 100 student clubs and organizations, ranging from the Davidson Outdoors program, which offers extensive hiking and camping opportunities in the surrounding North Carolina landscape, to the student-run newspaper, The Davidsonian. While Greek life exists, it's not as dominant as at some larger Southern institutions, with about 40-50% of students participating. The social scene is generally described as engaged and intellectual, with students often found debating in common spaces or attending lectures and performances. Housing is guaranteed for all four years, a significant perk that fosters community. Freshmen typically live in traditional residence halls, while upperclassmen can opt for apartment-style living or themed housing. The dining halls, particularly Vail Commons and the Alvarez Student Union, are central hubs for student interaction. Athletics are a major part of the Davidson identity, with the Wildcats competing in the NCAA Division I Atlantic 10 Conference. Basketball, in particular, generates significant campus excitement. The town of Davidson itself is an extension of the campus, with a walkable Main Street offering shops and restaurants that students frequent. The overall vibe is one of intellectual curiosity, community engagement, and a healthy dose of Southern hospitality, all within a picturesque, pedestrian-friendly campus.

Campus Highlights

  • The Honor Council: A student-led body responsible for upholding academic integrity, fostering a culture of trust and responsibility.
  • The 'Lake Campus': A 110-acre natural area adjacent to campus offering opportunities for recreation, research, and quiet reflection.
  • The Jan Term: A unique four-week academic term in January allowing for intensive, interdisciplinary courses, internships, or study abroad.
  • Guaranteed Housing for Four Years: A significant perk that fosters a strong sense of community and belonging.
  • Strong Athletic Tradition: The Wildcats, particularly in basketball, generate significant campus spirit and pride.
  • The 'Davidson Bubble': A term used to describe the close-knit and engaged community that often forms on campus.
  • Proximity to Charlotte: Offers students access to internships, cultural events, and urban amenities just a short drive away.

Location & Regional Advantages

Davidson College's location in Davidson, North Carolina, offers a unique blend of small-town charm and strategic proximity to significant economic hubs. While Davidson itself is a picturesque college town with a low cost of living and a high quality of life, its true geographic advantage lies in its accessibility to larger metropolitan areas. Charlotte, NC, a major financial and business center, is just a short drive away, providing students with ample opportunities for internships, networking, and post-graduation employment in sectors like banking, technology, and healthcare. This proximity to Charlotte's job market is a significant asset, allowing Davidson to leverage the city's economic dynamism while offering students a more focused and intimate campus environment.

The weather in Davidson is typical of the Piedmont region of North Carolina, with four distinct seasons, including warm summers and mild winters, generally considered pleasant. The town is known for its safety and a strong sense of community, contributing to a positive living experience. While not directly situated within a bustling metropolis, Davidson's location facilitates easy access to other industry hubs along the East Coast, such as Atlanta and Washington D.C., via major transportation routes. This balance allows students to enjoy a focused academic setting while remaining connected to broader career opportunities, making the location a strategic advantage for those seeking a well-rounded college experience with strong post-graduation prospects in a growing region.

How to Get Into Davidson College

Davidson College is highly selective, with an admission rate hovering around 13.4%, indicating a need for a strong and well-rounded application. Early Decision (ED) is a significant advantage here; applying ED demonstrates a high level of commitment to Davidson and often provides a boost in admission chances for otherwise qualified candidates. The admissions committee looks for students who are not only academically strong but also intellectually curious, engaged in their communities, and possess strong character. While specific GPA and test score ranges are not published due to test-optional policies, successful applicants typically have very strong academic records, often with GPAs well above 3.8 and rigorous coursework. Essays are crucial for showcasing personality, intellectual vitality, and fit with Davidson's values. Focus on essays that reveal your unique perspective, your engagement with ideas, and how you might contribute to the Davidson community. Demonstrated interest is considered, so engaging with the college through virtual or in-person events, contacting admissions officers with thoughtful questions, and visiting campus (if possible) can be beneficial. The application timeline is critical: ED I deadlines are typically in early November, ED II in early January, and Regular Decision in early January. Early preparation and a polished application are key to standing out.

How Davidson College Compares to Similar Schools

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

Advantages

  • Stronger proximity and ties to the growing Charlotte, NC business hub, offering unique regional internship and job opportunities.
  • A more pronounced Southern identity and alumni network presence in the Southeast, which can be an advantage for students targeting that region.
  • A slightly larger student body than some of its most elite liberal arts peers, potentially offering a broader range of extracurriculars and social opportunities.

Disadvantages

  • Lower national brand recognition compared to perennial top-tier liberal arts colleges like Amherst or Williams.
  • A less diverse geographic draw for students and alumni compared to some of its more established national peers, potentially limiting national networking breadth.

Best For

  • Students seeking a large campus or extensive extracurricular activities may find Davidson College less appealing.
  • Prospective students with a preference for lower tuition costs may consider other options.

Avoid If

  • Students looking for a highly selective, small liberal arts college with strong academic and career outcomes should consider Davidson College.
  • Students seeking a more affordable option may want to explore other institutions.

Frequently Asked Questions about Davidson College

How much does it cost to attend Davidson College?

In-state tuition at Davidson College is $64,410 per year, and out-of-state tuition is $64,410 per year. The median student debt at graduation is $18,688.

What is the acceptance rate at Davidson College?

Davidson College has an acceptance rate of 13.4%.

What is the graduation rate at Davidson College?

Davidson College has a graduation rate of 91.5%.

How much do Davidson College graduates earn?

The median earnings for Davidson College graduates 10 years after enrollment is $81,400. With median debt of $18,688, graduates earn roughly 4.4x their debt level annually.

How big is Davidson College?

Davidson College has approximately 1,867 students and is classified as a small institution. It is located in Davidson, NC and is a Private Nonprofit institution.

Is Davidson College worth the cost?

Davidson College has an ROI score of -68 out of 100. With in-state tuition of $64,410 per year and median post-graduation earnings of $81,400, the data suggests the return on investment may be below average.

Where is Davidson College located?

Davidson College is located in Davidson, NC. It is a Private Nonprofit institution with approximately 1,867 students.

How much student debt do Davidson College graduates have?

The median student debt for Davidson College graduates is $18,688. With median earnings of $81,400 ten years after enrollment, graduates can expect a debt-to-income ratio of 23%.

Is Davidson College a good college?

Davidson College has a graduation rate of 91.5% and median post-graduation earnings of $81,400. Graduation rate of 91.48% and median earnings of $81,400 after 10 years indicate strong academic and career outcomes.

How does Davidson College compare to similar colleges?

Admission rate of 13.37% suggests a selective admissions process, ensuring a high-quality student body. Compared to peer institutions, Davidson College offers a high value with strong academic and career outcomes, despite a higher tuition cost.

What career prospects do Davidson College graduates have?

Graduates from Davidson College are well-prepared for professional careers, with a high earning potential and strong networking opportunities.

What should prospective students know about Davidson College?

Davidson College is positioned in the market as a high-quality, selective, and value-driven institution, attracting students from diverse backgrounds.

What makes Davidson College stand out?

Asian and Hispanic students make up a significant portion of the student body, indicating a diverse and inclusive environment.

What are the pros and cons of attending Davidson College?

Tuition is the same for in-state and out-of-state students, making it accessible to a broader range of students.

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