Goldey-Beacom College
Wilmington, DE 19808 — Private Nonprofit
Value Score: 85/100 | ROI Score: 0 | Affordability Score: 90/100
Tuition (In-State): $14,940 | Out-of-State: $14,940
Acceptance Rate: 84.5% | Graduation Rate: 58.2% | Retention Rate: 71.8%
Median Earnings (10yr): $59,892 | Median Debt: $18,900
Student Body Size: 691 (small)
Pell Grant Recipients: 37.9% | Federal Loan Rate: 34.5%
Average Faculty Salary: $8,592/month
Tuition & Affordability Analysis
In-state tuition at Goldey-Beacom College is $14,940 per year, which is 62% below the national average for private institutions.
Out-of-state students pay $14,940/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: $59,760 (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 Goldey-Beacom College:
- Families earning $0–$30,000: $11,367/year
- Families earning $30,001–$48,000: $14,549/year
- Families earning $48,001–$75,000: $15,777/year
- Families earning $75,001–$110,000: $19,540/year
- Families earning $110,000+: $20,121/year
Low-income families receive an average discount of $3,573/year, paying just 76% of the sticker price.
Admissions Snapshot
Goldey-Beacom College has an acceptance rate of 84.5%, placing it in the Less Selective (70–85%) category. This means roughly 204 students apply each year.
Goldey-Beacom College accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
Graduate Outcomes & Return on Investment
58.2% of students at Goldey-Beacom College complete their degree, 6% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 71.8% (11% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Goldey-Beacom College earn a median salary of $59,892 ten years after enrollment, 46% above the national average. This represents a $24,892/year earnings premium over the average high school diploma holder, or $746,760 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $18,900, 12% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $205/month, with a total repayment of $24,600 (including $5,700 in interest).
Debt-to-Earnings Ratio: 0.32x. 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 Goldey-Beacom College pays for itself in approximately 3 years. This is an excellent return on investment.
Financial Aid Profile
37.9% of students at Goldey-Beacom College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 15% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
34.5% of students take federal loans, 27% 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: $8,592/month, near the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Goldey-Beacom College enrolls 691 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 77/100 (higher = more diverse). Goldey-Beacom College has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 37%, Hispanic 21%, Black 22%, Asian 2%.
Goldey-Beacom College: A Career-Focused Institution with Strong Value and Outcomes
- Goldey-Beacom College: Your Launchpad to Mid-Atlantic Business Careers
- Unlock Your Earning Potential: Goldey-Beacom College's Focused Career Outcomes
- Affordable Business Education with a Strong Regional Network: The Goldey-Beacom Advantage
Report Card: Overall Grade C+
Goldey-Beacom College receives an overall grade of C+ based on six dimensions:
- Academics: D
- Value: C-
- Outcomes: B
- Affordability: A+
College Analysis
Goldey-Beacom College is a Private Nonprofit institution in Wilmington, DE with approximately 691 students. Academics: Goldey-Beacom College has a strong focus on career readiness and offers a variety of programs, including business and healthcare. Value: The college offers a relatively affordable tuition compared to its peers, with an affordability score of 90. Outcomes: Graduates have a median earnings of $59,892 after 10 years, which is above the national average for similar institutions.
The Verdict: Is Goldey-Beacom College Worth It?
Goldey-Beacom College presents a mixed value proposition. With a median 10-year earning of $59,892 and median debt of $18,900, the debt-to-earnings ratio is relatively favorable. The debt payoff timeline, assuming a reasonable portion of income is allocated to debt repayment, could be around 2-3 years. However, the out-of-state tuition being the same as in-state ($14,940) suggests a standardized pricing model that may not reflect significant regional cost advantages for local students. The graduation rate of 58.2% is a concern, indicating that a substantial portion of students do not complete their degrees, which can impact the overall value for those who do not graduate. Compared to the national average for private non-profit institutions, GBC's tuition is on the lower end, and its median earnings are competitive. The ROI score being 'N/A' is a significant drawback, as it prevents a direct quantitative comparison. For students who can leverage the college's career services effectively and secure employment in high-demand fields within the Delaware Valley region, GBC can be a worthwhile investment. However, the lower graduation rate warrants careful consideration. It's a potentially good deal for focused students in specific business programs, but not a universally outstanding value without more transparent outcome data.
Return on Investment
Given the strong focus on career readiness and the relatively low tuition, the degree at Goldey-Beacom College appears to be worth the cost for many students.
Debt Reality Check
Median student debt at Goldey-Beacom College: $18,900. Monthly payment on a standard 10-year plan: $215/month. Total repaid: $25,800 ($6,900 in interest).
Breakeven vs high school diploma: 0.6 years. Debt burden: Low. Salary needed for comfortable repayment: $25,800.
Strengths
- Strong focus on career readiness and practical skills.
- Affordable tuition and high affordability score.
Weaknesses
- Lower graduation rate compared to some peers.
- Limited research opportunities.
Academic Profile
Retention Rate: 71.8%.
Goldey-Beacom College distinguishes itself with a strong emphasis on business and professional programs, reflecting its mission to prepare students for successful careers. The College of Business is particularly noteworthy, offering a range of undergraduate and graduate degrees in areas such as Accounting, Finance, Marketing, and Management. These programs are designed with a practical, hands-on approach, often incorporating internships and real-world case studies. Beyond business, the College of Arts and Sciences offers programs in fields like Psychology and Criminal Justice, providing complementary pathways for students. Research opportunities, while perhaps not as extensive as at larger research universities, are available, particularly for students engaged in faculty-led projects within their departments. The faculty at Goldey-Beacom are generally experienced professionals and educators, bringing practical industry knowledge into the classroom. While specific faculty salary data isn't readily available, the smaller class sizes, typical of an institution this size, suggest a more personalized interaction with instructors. The college also offers an Honors Program for academically high-achieving students, providing enriched coursework and opportunities for deeper engagement. Study abroad options, though potentially limited in scope compared to larger institutions, are available and encouraged to broaden students' global perspectives. Academic support is a cornerstone, with resources like tutoring services, writing centers, and academic advising readily accessible to help students navigate their coursework and achieve their academic goals. The focus is consistently on student success and ensuring graduates are well-equipped for their chosen professions.
Financial Aid Guide for Goldey-Beacom College
Pell Grant recipients: 37.9%. Students taking federal loans: 34.5%.
Navigating financial aid at Goldey-Beacom College involves understanding the blend of merit-based and need-based aid available. Given its private, nonprofit status, the college aims to make education accessible through a variety of financial assistance programs. Merit scholarships are a significant component, awarded based on academic achievement, such as GPA and, if available, standardized test scores. These scholarships can substantially reduce the out-of-pocket cost of tuition, which is listed at $14,940 for both in-state and out-of-state students. Prospective students should actively seek out these scholarships during the application process, as they are often awarded automatically based on application credentials, but sometimes require separate applications. Need-based aid, determined by the Free Application for Federal Student Aid (FAFSA), plays a crucial role in making up the difference between the cost of attendance and what a family can afford. This includes federal grants like the Pell Grant (though specific Pell Grant rates for GBC are not provided, it's a key federal program to consider), state grants, and institutional grants. Work-study programs are also available, offering students the opportunity to earn money through part-time campus jobs, which can help cover living expenses. Typical aid packages can vary widely depending on a student's academic profile and financial need. For instance, a student with strong academic credentials might receive a significant merit scholarship, while a student with demonstrated financial need could receive a combination of grants and work-study. Scholarship tips include applying early, researching external scholarships from community organizations or professional associations, and highlighting any unique talents or experiences in scholarship essays. Negotiating financial aid at Goldey-Beacom is generally realistic, especially if you have competing offers from similar institutions or if there has been a significant change in your family's financial circumstances. It's advisable to contact the financial aid office directly to discuss your situation and present any supporting documentation.
Hidden Costs at Goldey-Beacom College
- Room and Board: On-campus housing and meal plans can range from $10,000 to $15,000 annually, depending on the chosen plan and accommodation type.
- Textbooks and Supplies: Budget approximately $1,000 to $1,500 per year for required textbooks, software, and other course materials.
- Student Activity Fee: A mandatory fee, typically around $100-$200 per semester, supports student organizations and campus events.
- Transportation: Costs for commuting, parking permits (if applicable, potentially $100-$300 annually), or travel home during breaks can add up.
- Personal Expenses: Allow for $1,500-$3,000 annually for personal items, entertainment, and miscellaneous spending.
- Health Insurance: If not covered by a parent's plan, the college's health insurance plan can cost upwards of $2,000-$3,000 per year.
- Technology Fee: Some institutions charge a technology fee, potentially $100-$250 per semester, to support campus IT infrastructure.
Alumni Outcomes & Career Paths
Goldey-Beacom College (GBC) graduates find opportunities primarily within the Mid-Atlantic region, leveraging the school's location in Wilmington, Delaware. While specific major employer lists are not publicly detailed, the business-centric nature of GBC suggests strong ties to industries prevalent in Delaware and surrounding states. Graduates often enter fields such as finance, accounting, marketing, and management. Major employers in the region that likely recruit GBC students include financial institutions like JPMorgan Chase and Bank of America, which have significant operations in the Wilmington area. Pharmaceutical companies like AstraZeneca and DuPont, also headquartered or with major presences in Delaware, are potential employers for business and science-related graduates. The proximity to Philadelphia also opens doors to its diverse job market, including healthcare systems (e.g., Penn Medicine, Jefferson Health) and professional services firms.
While GBC does not publish specific graduate school placement rates, its business and accounting programs are designed to prepare students for advanced studies or professional certifications like the CPA. Career services at GBC are a critical component, aiming to connect students with internship and job opportunities. The college emphasizes practical experience, and internship pipelines are likely cultivated through relationships with local businesses and alumni networks. Geographic hiring patterns show a strong concentration in Delaware, Maryland, Pennsylvania, and New Jersey, reflecting the immediate regional job market. Alumni may also be found in national roles, particularly within larger corporations that have a presence across multiple states. The median earnings of $59,892 after 10 years suggest a solid return on investment, particularly for those entering well-compensated fields like finance and accounting.
Campus Life & Culture at Goldey-Beacom College
Goldey-Beacom College attracts a student body primarily focused on career advancement, with a strong representation from Delaware and surrounding Mid-Atlantic states. The college fosters an environment where students who are driven, practical, and seeking a direct path to employment tend to thrive. While specific diversity metrics are not provided, the college's mission suggests an inclusive environment welcoming students from various backgrounds united by a common goal of professional success.
Goldey-Beacom College, nestled in the suburban landscape of Wilmington, Delaware, offers a close-knit campus experience that prioritizes community and career readiness. With a student body of just under 700, the college fosters an environment where students are likely to know their peers and professors well. The 'vibe' here is often described as focused and professional, with a strong emphasis on preparing students for the workforce. Residential life is a key component, with on-campus housing available, providing a convenient base for students to engage with campus activities. While specific neighborhood integrations are less pronounced due to its suburban setting, the campus itself is compact and walkable, making it easy to navigate between classes, the library, and student common areas. Student organizations are diverse, ranging from academic clubs tied to specific majors like business and accounting, to cultural and social groups. These organizations are the heart of extracurricular life, offering opportunities for leadership, networking, and social connection. Greek life is not a prominent feature at Goldey-Beacom, which contributes to its unique social dynamic, focusing more on club-based activities and campus-wide events. Athletics, while not a primary focus for the majority of students, offers opportunities for participation in NCAA Division II sports, fostering school spirit and providing an outlet for athletic students. The college frequently hosts events, workshops, and guest speakers, often with a career-oriented slant, reflecting its commitment to professional development. The overall atmosphere is one of engaged learning and practical application, where students are encouraged to build relationships and leverage their college experience for future success.
Campus Highlights
- Strong emphasis on career services and internship placement, directly linking academic learning to professional outcomes.
- Close-knit community feel due to its smaller student population, fostering strong relationships with faculty and peers.
- Location in Wilmington, Delaware, provides proximity to major East Coast cities and a robust business environment for internships.
- Focus on business and professional programs, offering specialized knowledge and skills highly valued by employers.
- Commitment to affordability with a single tuition rate for in-state and out-of-state students.
- Active student life through various clubs and organizations, providing opportunities for leadership and social engagement.
Location & Regional Advantages
Goldey-Beacom College's location in Wilmington, Delaware, offers a strategic advantage for students seeking career opportunities in the Mid-Atlantic corridor. Wilmington itself boasts a robust economy, historically driven by the chemical and financial industries. Major corporations like DuPont, AstraZeneca, and significant financial institutions such as JPMorgan Chase and Bank of America have a substantial presence, creating a localized demand for business, finance, and accounting graduates. The cost of living in Wilmington is generally moderate compared to larger metropolitan areas like Philadelphia or New York City, making the overall financial picture more attractive for recent graduates.
Proximity to Philadelphia, just a short drive away, significantly expands career prospects. Philadelphia is a major hub for healthcare, education, technology, and professional services, offering a diverse range of internship and employment opportunities. This accessibility allows GBC students to tap into a larger job market without the need for relocation. The region is well-connected by transportation networks, facilitating commutes and networking. Quality of life in Wilmington is characterized by a blend of urban amenities and suburban comfort, with access to cultural attractions, dining, and recreational activities. While Delaware is known for its favorable business climate, it also offers a relatively safe environment. The weather is temperate, with four distinct seasons, typical of the Mid-Atlantic. This geographic positioning allows Goldey-Beacom College graduates to access a dynamic regional economy with strong corporate ties, a reasonable cost of living, and proximity to major employment centers, enhancing their post-graduation career opportunities.
How to Get Into Goldey-Beacom College
Goldey-Beacom College, with an admission rate of 84.5%, is generally accessible, meaning the admissions office looks for students who meet basic academic requirements and demonstrate a genuine interest in the college's career-focused programs. While Early Decision (ED) and Early Action (EA) are not explicitly highlighted as having significant advantages due to the college's selectivity level, applying early is always recommended to ensure ample time for application review and financial aid processing. The admissions committee likely values a strong academic record, particularly in core subjects, and a clear articulation of career goals that align with GBC's offerings. Since SAT/ACT scores are not provided, the emphasis is likely placed more heavily on GPA, high school coursework, and the overall application narrative. Essays that showcase personal growth, resilience, and a clear understanding of how Goldey-Beacom's specific programs will help achieve future aspirations tend to be effective. Demonstrated interest can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. The timeline recommendation is to aim for submission of your application and all supporting materials (transcripts, recommendations) at least a month before the priority deadline, typically in late winter or early spring, to maximize scholarship consideration and ensure timely admission decisions.
How Goldey-Beacom College Compares to Similar Schools
Similar schools: Wilmington University, University of Delaware, Drexel University, Widener University
Advantages
- More affordable tuition compared to larger, private research universities like Drexel.
- Stronger focus on business and professional programs, potentially leading to more specialized career services.
- Smaller class sizes and more personalized attention compared to large public universities like the University of Delaware.
- Strategic location within Wilmington, offering direct access to local corporate employers.
Disadvantages
- Lower overall institutional ranking and national recognition compared to peers like the University of Delaware or Drexel.
- Lower graduation rate suggests potential challenges in student retention and success.
- Fewer research opportunities and broader academic program offerings compared to larger universities.
Best For
- Students interested in business and healthcare programs.
- Prospective students looking for a supportive and affordable educational experience.
Avoid If
- Students seeking a more research-intensive academic environment.
- Prospective students with a preference for larger institutions.
Frequently Asked Questions about Goldey-Beacom College
How much does it cost to attend Goldey-Beacom College?
In-state tuition at Goldey-Beacom College is $14,940 per year, and out-of-state tuition is $14,940 per year. The median student debt at graduation is $18,900.
What is the acceptance rate at Goldey-Beacom College?
Goldey-Beacom College has an acceptance rate of 84.5%.
What is the graduation rate at Goldey-Beacom College?
Goldey-Beacom College has a graduation rate of 58.2%.
How much do Goldey-Beacom College graduates earn?
The median earnings for Goldey-Beacom College graduates 10 years after enrollment is $59,892. With median debt of $18,900, graduates earn roughly 3.2x their debt level annually.
How big is Goldey-Beacom College?
Goldey-Beacom College has approximately 691 students and is classified as a small institution. It is located in Wilmington, DE and is a Private Nonprofit institution.
Is Goldey-Beacom College worth the cost?
Goldey-Beacom College has an ROI score of 0 out of 100. With in-state tuition of $14,940 per year and median post-graduation earnings of $59,892, the data suggests the return on investment may be below average.
Where is Goldey-Beacom College located?
Goldey-Beacom College is located in Wilmington, DE. It is a Private Nonprofit institution with approximately 691 students.
How much student debt do Goldey-Beacom College graduates have?
The median student debt for Goldey-Beacom College graduates is $18,900. With median earnings of $59,892 ten years after enrollment, graduates can expect a debt-to-income ratio of 32%.
Is Goldey-Beacom College a good college?
Goldey-Beacom College has a graduation rate of 58.2% and median post-graduation earnings of $59,892. High admission rate (84.51%) suggests a welcoming environment for a diverse student body.
How does Goldey-Beacom College compare to similar colleges?
Small class sizes (691 students) allow for personalized attention and a close-knit community. Compared to peer institutions, Goldey-Beacom College offers a more affordable tuition and a strong focus on career readiness, making it a valuable choice for students.
What career prospects do Goldey-Beacom College graduates have?
Graduates of Goldey-Beacom College are well-prepared for careers in business and healthcare, with a median 10-year earnings of $59,892.
What should prospective students know about Goldey-Beacom College?
Goldey-Beacom College is well-positioned in the market as a career-focused institution with strong value and outcomes, making it a competitive choice for students seeking a practical education.
What makes Goldey-Beacom College stand out?
Strong focus on career readiness with a median 10-year earnings of $59,892.
What are the pros and cons of attending Goldey-Beacom College?
Affordable tuition for both in-state and out-of-state students.
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.