Earlham College
Richmond, IN — Private Nonprofit
Value Score: 24/100
Tuition (In-State): $53,930 | Out-of-State: $53,930
Acceptance Rate: 73.1% | Graduation Rate: 68.5%
Median Earnings (10yr): $50,797 | Median Debt: $23,488
Student Body Size: 670
Earlham College offers a small liberal arts experience with a graduation rate near the national average, but faces challenges in financial value and post-graduation earnings.
Report Card: Overall Grade D
Earlham College receives an overall grade of D based on six dimensions:
- Academics: D+
- Value: F
- Outcomes: C+
- Affordability: C-
College Analysis
Earlham College, a small private institution in Richmond, Indiana, presents a mixed picture regarding its academic offerings and student outcomes. While it boasts a respectable graduation rate of 68.5%, this figure is somewhat tempered by its relatively high sticker price of $53,930 for both in-state and out-of-state students. The median earnings for graduates 10 years after entry stand at $50,797, which, when compared to the median debt of $23,488, suggests a challenging return on investment. The college's affordability score of 35 and a negative ROI score of -76 further highlight concerns about the financial value proposition for many students. Earlham serves a diverse student body, with significant representation from white students (59.3%) and notable percentages of Black (8.1%) and Hispanic (6.1%) students, contributing to a varied campus environment.
The Verdict: Is Earlham College Worth It?
Earlham College's median earnings of $50,797 after 10 years, compared to an out-of-state tuition of $53,930, presents a concerning financial picture. The median debt of $23,488, while not excessively high, adds to the financial burden. With earnings barely covering the annual tuition, the return on investment (ROI) score of -76 is a stark indicator that, on average, Earlham graduates do not recoup their educational investment within a typical timeframe. The cost of attendance significantly outweighs the median post-graduation earnings, suggesting that the financial value proposition is weak. While the liberal arts education offers intangible benefits, the direct financial return appears to be a poor deal. Students considering Earlham should be aware that the financial payoff is likely to be long-term, and the immediate post-graduation financial reality may be challenging. It is not a hidden gem in terms of financial ROI; rather, it appears to be overpriced for the median financial outcomes it delivers.
Return on Investment
Based on the provided data, the median earnings for Earlham College graduates do not significantly outpace their median debt, resulting in a negative ROI score, indicating that the degree may not be a strong financial investment for many.
Debt Reality Check
Median student debt at Earlham College: $23,488. Monthly payment on a standard 10-year plan: $267/month. Total repaid: $32,040 ($8,552 in interest).
Breakeven vs high school diploma: 1.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $32,040.
Strengths
- Graduation rate above the national average for similar institutions
- Diverse student body
Weaknesses
- High tuition relative to median post-graduation earnings
- Negative ROI score
- Low admission selectivity
Academic Profile
Earlham College's academic profile is defined by its rigorous liberal arts curriculum, emphasizing critical thinking, interdisciplinary study, and a strong commitment to social justice. The average class size is small, typically around 12 students, ensuring personalized attention from faculty. The student-faculty ratio is excellent, fostering close mentorship. While specific faculty salaries aren't public, the dedication and accessibility of professors are consistently praised by students. Notable departments include Peace and Global Studies, Environmental Studies, and Sociology/Anthropology, reflecting the college's Quaker heritage and progressive ethos. The Center for Global Health and the Center for Integrated Human Development are unique interdisciplinary centers that offer students opportunities for research and engagement. Research is a cornerstone of the Earlham experience, with numerous opportunities for undergraduate students to work alongside faculty on significant projects, often culminating in presentations at national conferences or publication. The college strongly encourages study abroad, with a significant percentage of students participating in programs around the world, often integrated with academic coursework. Earlham's Honors Program provides advanced students with enriched academic experiences and research opportunities. Academic support is robust, with the Academic Enrichment Center offering tutoring, writing support, and academic advising to ensure all students can succeed.
Financial Aid Guide for Earlham College
Earlham College is committed to making its distinctive liberal arts education accessible through a combination of need-based and merit-based financial aid. For the 2023-2024 academic year, the total cost of attendance (tuition, fees, room, and board) was approximately $70,000. Earlham is known for meeting a significant portion of demonstrated need for its students. Merit scholarships are available and are typically awarded at the time of admission based on academic achievement, with amounts varying widely. Need-based grants are determined by the information provided on the FAFSA and the CSS Profile. For families with an Expected Family Contribution (EFC) below $10,000, Earlham often provides substantial grant aid, potentially covering over 75% of the total cost of attendance. For middle-income families, aid packages often include a mix of grants, loans, and work-study opportunities. Work-study positions are available across campus, offering students the chance to earn money for personal expenses while gaining valuable experience. Typical aid packages for students from families earning between $75,000 and $150,000 might include $25,000-$40,000 in grants and scholarships, supplemented by federal loans and work-study. Scholarship tips include applying early, highlighting leadership and community service in essays, and exploring external scholarship opportunities. Negotiating aid at Earlham is possible, particularly if you have a competing offer from a similarly ranked institution, but it's generally more effective to present a case based on documented financial changes rather than simply asking for more money.
Hidden Costs at Earlham College
- Meal Plan: While included in the stated cost of attendance, specific meal plan tiers can add an extra $500-$1,000 annually if students opt for more premium options or frequent guest meals.
- Textbooks: Expect to spend approximately $1,000-$1,500 per academic year on textbooks and course materials, though digital options and rentals can mitigate this.
- Personal Expenses: A reasonable budget for personal items, entertainment, and incidental travel outside of Richmond could range from $1,500-$2,500 per year.
- Technology Fee: A mandatory technology fee of around $200-$300 per year supports campus IT infrastructure and services.
- Transportation: While Richmond has limited public transport, students may incur costs for ride-sharing services, occasional train tickets (if traveling to major cities), or car maintenance if they bring a vehicle.
- Health Insurance: If a student is not covered by a parent's plan, Earlham's student health insurance plan can cost upwards of $2,500-$3,000 annually.
- Lab/Course Fees: Some specialized science or art courses may have additional lab or material fees, typically ranging from $50-$200 per course.
Alumni Outcomes & Career Paths
Earlham College, a small liberal arts institution, positions its graduates for a diverse range of career paths and further academic pursuits. While specific major employer recruitment data for Earlham is not publicly detailed, its alumni network tends to find opportunities in sectors that value critical thinking, communication, and interdisciplinary approaches. Common industries where Earlham graduates cluster include education, non-profit organizations, healthcare, and various professional services. Many alumni also pursue graduate studies, with a notable percentage entering fields like law, social work, and public policy. The college emphasizes a strong foundation for graduate school, and many students engage in research and internships that prepare them for advanced academic work.
Career services at Earlham are designed to be personalized, leveraging the college's intimate size to provide tailored support. This includes resume workshops, interview practice, and networking events. The college also facilitates internship pipelines, often through alumni connections and dedicated program initiatives, helping students gain practical experience. While specific internship employers are varied, common placements are within local community organizations, educational institutions, and businesses in the broader Indianapolis metropolitan area. Geographic hiring patterns show a tendency for alumni to remain in the Midwest, particularly in Indiana and surrounding states like Illinois and Ohio, but also a significant number move to larger metropolitan areas on the East and West Coasts for opportunities in sectors like technology, finance, and the arts. Notable alumni include figures like poet and activist Nikki Giovanni, and former Indiana Governor Evan Bayh, underscoring the diverse impact Earlham graduates have.
Campus Life & Culture at Earlham College
Earlham attracts a diverse student body, with a significant percentage coming from outside Indiana and even internationally, contributing to a rich global perspective. Students who thrive here are typically independent thinkers, socially conscious, and eager to engage in meaningful dialogue and community action. The college fosters an environment where students are encouraged to explore their passions and make a positive impact on the world.
Earlham College cultivates a close-knit, intentionally community-oriented campus culture, often described as a 'bubble' in the best sense of the word. With a small student body of around 670, relationships are central, both with peers and faculty. The vibe is intellectual, progressive, and deeply engaged. Social life isn't dominated by Greek life, which is non-existent here, nor by a massive party scene. Instead, it revolves around campus events, student organization activities, and spontaneous gatherings in common spaces. The heart of campus is the iconic Runyan Center, a hub for dining, socializing, and student services. Housing is primarily on-campus, with a mix of traditional residence halls and apartment-style living for upperclassmen, fostering a strong sense of shared living. The dining hall, managed by Bon Appétit, is known for its commitment to fresh, local, and sustainable food, often a highlight for students. Student organizations are diverse and active, ranging from the Earlham Environmental Action (EEA) and the student newspaper, The Earlham Word, to various cultural and academic clubs. Athletics, while not a primary focus for the majority of students, offers opportunities for participation in NCAA Division III sports, with teams like basketball, soccer, and track and field having dedicated followings. The campus itself, with its beautiful arboretum setting, encourages outdoor activities and quiet reflection. Expect a community that values thoughtful discussion, collaboration, and a shared commitment to making a difference.
Campus Highlights
- The Earlham Arboretum: A stunning 800-acre living laboratory that serves as a beautiful backdrop for study and recreation.
- Quaker Heritage: The college's founding principles influence its commitment to social justice, peace studies, and inclusive community.
- Emphasis on Experiential Learning: Strong focus on research, internships, and study abroad as integral parts of the academic journey.
- Bon Appétit Dining: Known for its commitment to fresh, local, and sustainable food options, a frequent point of praise.
- No Greek Life: A social scene that fosters inclusivity and community without the influence of fraternities and sororities.
- The "Bubble" Effect: A strong sense of community and shared experience that can be both isolating and incredibly bonding.
- Collaborative Learning Environment: Small class sizes and a supportive atmosphere encourage deep engagement with peers and faculty.
Location & Regional Advantages
Earlham College's location in Richmond, Indiana, presents a mixed bag of geographic advantages and challenges for its students. Richmond itself is a smaller city with a modest local job market, primarily focused on manufacturing, healthcare, and some retail. The cost of living in Richmond is generally low, making it an affordable place to live during college and potentially for early career stages. However, the proximity to major industry hubs is limited. The nearest significant metropolitan area is Indianapolis, about an hour's drive away, which offers a more robust job market across various sectors including life sciences, advanced manufacturing, and technology. Cincinnati, Ohio, is also within a reasonable driving distance, providing another regional economic center.
Quality of life in Richmond is characterized by a quieter, community-oriented atmosphere. It offers a safe environment with a lower crime rate compared to larger cities. The weather is typical of the Midwest, with four distinct seasons, including cold winters and warm, humid summers. While Richmond may not boast the vibrant cultural scene or extensive career networking opportunities of a major metropolis, its affordability and community focus can be appealing. For Earlham students, the location necessitates proactive engagement with career services and a willingness to travel to larger cities for internships and job fairs to maximize career opportunities post-graduation. The college's strong alumni network can also help bridge the gap created by its more remote location.
How to Get Into Earlham College
Earlham College seeks students who are intellectually curious, community-minded, and possess a strong sense of social responsibility. With an admission rate of 73.1%, Earlham is selective but accessible. While Earlham does not offer Early Decision or Early Action, applying by the Regular Decision deadline (typically January 15th) is crucial. The admissions committee values a holistic review, meaning they look beyond just grades and test scores. Strong essays that showcase your personality, critical thinking, and alignment with Earlham's values (like community engagement, social justice, and global awareness) are highly important. If you have a compelling story or unique perspective, make sure it shines through. GPA is important, and successful applicants typically have a strong academic record, often with a B+ or higher average. While SAT/ACT scores are not required for admission, if submitted, they can provide additional context. Demonstrated interest is considered; engaging with the college through virtual or in-person tours, attending information sessions, and connecting with admissions counselors shows your commitment. For students considering Earlham, aim to submit your application and all supporting materials well before the deadline to ensure a thorough review.
How Earlham College Compares to Similar Schools
Similar schools: DePauw University, Wabash College, Hanover College, Rose-Hulman Institute of Technology
Advantages
- Strong emphasis on Quaker values and social justice, attracting a specific student demographic.
- Smaller class sizes and a more intimate learning environment due to its very small student body.
- Commitment to undergraduate research and experiential learning opportunities.
Disadvantages
- Lower median alumni earnings compared to some peers, particularly those with strong STEM programs.
- Limited geographic advantage for accessing major industry hubs directly from campus.
- Lower graduation rate compared to some more selective liberal arts colleges.
Best For
- Students prioritizing a small liberal arts college experience
- Students seeking a diverse campus environment
Avoid If
- You are primarily focused on maximizing post-graduation earnings
- You require significant financial aid to afford tuition
- You are looking for a highly selective institution
Frequently Asked Questions about Earlham College
Is Earlham College a good financial investment?
With a negative ROI score of -76 and median earnings of $50,797 10 years after entry against median debt of $23,488, the financial return on investment for an Earlham degree appears to be a concern.
What is the graduation rate at Earlham College?
Earlham College has a graduation rate of 68.5%.
How selective is Earlham College's admission process?
Earlham College has an admission rate of 73.1%, indicating it is not highly selective.
What is the typical debt load for Earlham College graduates?
The median debt for graduates at Earlham College is $23,488.
Does Earlham College offer a strong value for its cost?
The college's affordability score of 35 and negative ROI score suggest that it may not offer a strong value proposition relative to its cost.
What is the acceptance rate at Earlham College and how hard is it to get in?
Earlham College has an acceptance rate of approximately 73.1%, classifying it as a moderately selective institution. This means that while a significant portion of applicants are admitted, the college still reviews applications carefully. To be a competitive applicant, prospective students should focus on presenting a strong academic record, including solid grades in challenging coursework. Standardized test scores (SAT/ACT) are often considered, though Earlham may have test-optional policies, so checking their current admissions requirements is crucial. Beyond academics, demonstrating engagement through extracurricular activities, volunteer work, and compelling essays is vital. The admissions committee looks for students who align with Earlham's values of community, social responsibility, and intellectual curiosity. A well-rounded application that showcases leadership potential and a genuine interest in the liberal arts experience will significantly improve one's chances of admission.
Is Earlham College worth the money?
Based on median earnings and cost, Earlham College presents a questionable financial value. With an out-of-state tuition of $53,930 and median 10-year earnings of $50,797, the annual cost of attendance is higher than the average graduate's earnings. The median debt of $23,488 further complicates the financial picture. The ROI score of -76 strongly suggests that, on average, students do not recoup their investment in a timely manner. While the liberal arts education offers benefits beyond monetary returns, such as critical thinking and communication skills, the direct financial payoff is not immediately apparent. Students should carefully consider their career goals and earning potential in their chosen fields, as well as explore all available financial aid and scholarship opportunities. For those prioritizing immediate financial return, Earlham may not be the most cost-effective choice.
What are the best majors at Earlham College?
Earlham College offers a range of strong liberal arts majors, and the 'best' often depends on individual student interests and career aspirations. Historically, majors that foster strong analytical and communication skills tend to serve graduates well across various fields. Programs like English, History, Political Science, and Sociology are excellent for developing critical thinking and writing abilities, preparing students for careers in law, public policy, journalism, and non-profit sectors. The Sciences, including Biology and Chemistry, provide a solid foundation for graduate studies in medicine, research, and environmental science. Earlham's commitment to experiential learning means that students in any major can benefit from research opportunities and internships that enhance their career readiness. Prospective students should explore departments that align with their passions and discuss potential career paths with faculty and the career services office to understand the specific outcomes associated with each major.
What is student life like at Earlham College?
Student life at Earlham College is characterized by its intimate community, Quaker values, and a strong emphasis on social engagement and intellectual exploration. As a small college, Earlham fosters close-knit relationships among students, faculty, and staff. The campus culture is generally progressive and inclusive, with a focus on social justice, sustainability, and collaborative learning. Students are encouraged to participate in a variety of clubs and organizations, ranging from academic societies and arts groups to athletic teams (NCAA Division III) and community service initiatives. The college has a strong tradition of student activism and dialogue. Residential life is a central part of the experience, with students living in close proximity and engaging in campus events and discussions. While the social scene might be quieter than at larger universities, it is vibrant within the context of a small liberal arts college, with opportunities for meaningful connections and personal growth.
How much financial aid does Earlham College give?
Earlham College is committed to making education accessible and offers a range of financial aid options to eligible students. This includes both need-based aid and merit-based scholarships. A significant percentage of students receive some form of financial assistance. The college's financial aid packages typically consist of grants, scholarships, loans, and work-study opportunities. Prospective students are encouraged to complete the Free Application for Federal Student Aid (FAFSA) and the CSS Profile to determine their eligibility for need-based aid. Earlham also offers specific scholarships based on academic achievement, leadership, and other criteria. While specific average aid amounts can fluctuate annually, the college aims to help students bridge the gap between their family's financial resources and the cost of attendance. It is advisable for applicants to contact the Earlham College Office of Admissions and Financial Aid directly for the most current and personalized information regarding aid packages.
What salary can I expect after graduating from Earlham College?
The median earnings for Earlham College graduates 10 years after enrollment is $50,797. This figure represents an average across all majors and career paths. Actual salaries can vary significantly based on the student's chosen major, industry, geographic location, and postgraduate education. For instance, graduates entering fields like finance or technology in major metropolitan areas might command higher salaries than those entering non-profit work or education in smaller towns. Conversely, those pursuing advanced degrees in fields like medicine or law could see substantially higher earning potential over their careers, though this often involves further investment in education. Earlham's career services can provide more specific data on alumni salaries by major, but it's important to note that the liberal arts focus often leads to diverse career trajectories where initial salaries may be moderate but long-term growth and job satisfaction are significant factors.
What are the dorms like at Earlham College?
Earlham College provides a variety of on-campus housing options designed to foster community and support student life. Most undergraduate students live in residence halls, which are typically co-educational and organized by floor or wing. The dorms range from traditional halls with shared bathrooms to suite-style living arrangements. First-year students are generally housed in designated first-year residence halls, which are often staffed with Resident Assistants (RAs) to help with the transition to college life. As students progress through their academic careers, they may have access to upper-class housing, which can include more independent living options or themed housing communities. The college emphasizes creating a comfortable and conducive living environment for learning and social interaction. While specific amenities can vary by building, common features include common lounges, study spaces, and laundry facilities. Earlham encourages students to engage with their residential communities and utilize the resources available to them.
Is Earlham College a good school for research?
Earlham College is a strong institution for undergraduate research, deeply embedding research opportunities into its liberal arts curriculum. The college's size and commitment to faculty-student interaction create an environment where undergraduates can actively participate in scholarly inquiry. Many departments encourage or require students to undertake independent research projects, often culminating in a senior thesis or capstone project. Faculty members are actively involved in research themselves and frequently involve students as assistants or collaborators. Earlham also offers specific programs and grants to support undergraduate research, including summer research fellowships. These opportunities allow students to gain hands-on experience in data collection, analysis, and presentation, preparing them for graduate studies or research-oriented careers. The emphasis on research is a key component of the Earlham educational experience, providing students with valuable skills and insights.
How does Earlham College compare to similar schools?
Earlham College is often compared to other small, private liberal arts colleges in the Midwest, such as DePauw University, Wabash College, and Hanover College. These institutions share a similar focus on undergraduate education, small class sizes, and a liberal arts core curriculum. Earlham's distinctiveness lies in its strong Quaker heritage, which influences its commitment to social justice, peace studies, and community engagement. Compared to DePauw, which has a slightly larger student body and a more robust endowment, Earlham offers a more intimate and perhaps more ideologically focused experience. Wabash College, being an all-male institution, offers a different social dynamic. Hanover College, while similar in size and mission, may not have the same emphasis on Quaker values. Earlham's lower median alumni earnings and ROI score compared to some peers, particularly those with stronger STEM programs or more direct pipelines to lucrative industries, is a notable point of comparison. However, its emphasis on holistic development and social impact can be a significant advantage for students seeking a values-driven education.
What do employers think of a degree from Earlham College?
Employers generally hold a positive view of graduates from reputable liberal arts colleges like Earlham, valuing the critical thinking, communication, and problem-solving skills they develop. While Earlham may not have the widespread name recognition of larger research universities, its alumni are often recognized for their intellectual curiosity, adaptability, and strong ethical grounding, traits often attributed to its Quaker heritage and liberal arts approach. Employers in sectors that prioritize these soft skills, such as non-profits, education, government, and certain areas of business, tend to appreciate Earlham graduates. The college's emphasis on experiential learning, including internships and research, also means that graduates often enter the workforce with practical experience, which is highly valued. The strength of the alumni network can also play a role in employer perception, as engaged alumni often advocate for their alma mater and provide valuable connections.
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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.