CollegeTuitionData — College Data in Plain English

Macalester College

Saint Paul, MN 55105-1899 — Private Nonprofit

Value Score: 70/100 | ROI Score: -77 | Affordability Score: 35/100

Tuition (In-State): $68,104 | Out-of-State: $68,104

Acceptance Rate: 28.5% | Graduation Rate: 88.6% | Retention Rate: 92.3%

Median Earnings (10yr): $63,878 | Median Debt: $23,000

SAT Average: 1440 | ACT Midpoint: 31

Student Body Size: 2,131 (medium)

Pell Grant Recipients: 17.2% | Federal Loan Rate: 35.6%

Average Faculty Salary: $11,951/month

Tuition & Affordability Analysis

In-state tuition at Macalester College is $68,104 per year, which is 73% above the national average for private institutions.

Out-of-state students pay $68,104/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: $272,416 (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 Macalester College:

  • Families earning $0–$30,000: $13,772/year
  • Families earning $30,001–$48,000: $11,982/year
  • Families earning $48,001–$75,000: $11,098/year
  • Families earning $75,001–$110,000: $20,527/year
  • Families earning $110,000+: $44,880/year

Low-income families receive an average discount of $54,332/year, paying just 20% of the sticker price.

Admissions Snapshot

Macalester College has an acceptance rate of 28.5%, placing it in the Very Selective (20–35%) category. This means roughly 1,868 students apply each year.

The average SAT score of admitted students is 1440, 36% above the national average. This places Macalester College among the top-tier institutions for academic preparedness.

The ACT midpoint is 31, 48% above the national average.

Graduate Outcomes & Return on Investment

88.6% of students at Macalester College complete their degree, 43% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.

First-year retention rate: 92.3% (14% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.

Graduates of Macalester College earn a median salary of $63,878 ten years after enrollment, 56% above the national average. This represents a $28,878/year earnings premium over the average high school diploma holder, or $866,340 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $23,000, 7% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $250/month, with a total repayment of $30,000 (including $7,000 in interest).

Debt-to-Earnings Ratio: 0.36x. 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 Macalester College pays for itself in approximately 10 years. This is a reasonable investment timeline.

Financial Aid Profile

17.2% of students at Macalester College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 48% 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.

35.6% of students take federal loans, 24% below the national average. This is a moderate borrowing rate.

Average faculty salary: $11,951/month, 37% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Macalester College enrolls 2,131 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 73/100 (higher = more diverse). Macalester College has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 50%, Hispanic 11%, Black 6%, Asian 8%.

Macalester College: Strong Academic Quality and Career Outcomes with High Tuition

Report Card: Overall Grade C-

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

  • Academics: A-
  • Value: F
  • Outcomes: B
  • Affordability: D

College Analysis

Macalester College is a Private Nonprofit institution in Saint Paul, MN with approximately 2,131 students. Macalester College has a strong graduation rate and high median earnings, indicating good academic quality and career outcomes. The college has a diverse student body, with a significant percentage of students from underrepresented racial groups. Despite high tuition, Macalester College offers a relatively low median debt, suggesting effective financial aid and management. The college's affordability score is low, indicating that it may be challenging for some students to afford the education without significant financial aid.

The Verdict: Is Macalester College Worth It?

Macalester College presents a complex value proposition. The sticker price of $68,104 is substantial, and the median 10-year earnings of $63,878 suggest that, on average, graduates do not immediately recoup their tuition costs. With a median debt of $23,000, the payoff timeline is likely to extend beyond the typical 5-7 years for many, especially considering the ROI score of -77. However, this ROI score often doesn't fully capture the long-term benefits of a liberal arts education, such as critical thinking, adaptability, and strong communication skills, which can lead to higher earning potential in later career stages and greater job satisfaction. The strong graduation rate (88.6%) and selective admissions (28.5%) indicate a high-quality educational experience. For students who leverage Macalester's strong career services, secure valuable internships, and pursue high-demand fields, the investment can yield significant returns over a lifetime. However, for students solely focused on maximizing immediate financial return on investment, the high tuition and moderate median earnings present a challenge. It's not a clear 'good deal' based purely on short-term financial metrics, but it could be a worthwhile investment for those who value a comprehensive liberal arts education and plan for long-term career growth. Recommendation: Consider Macalester if you prioritize a well-rounded liberal arts education, strong critical thinking skills, and are committed to actively utilizing career services and networking to build a successful, albeit potentially longer-term, career trajectory.

Return on Investment

While the degree from Macalester College is valuable, the high tuition and low affordability score may make it challenging for some students to justify the cost.

Debt Reality Check

Median student debt at Macalester College: $23,000. Monthly payment on a standard 10-year plan: $261/month. Total repaid: $31,320 ($8,320 in interest).

Breakeven vs high school diploma: 0.7 years. Debt burden: Low. Salary needed for comfortable repayment: $31,320.

Strengths

  • Strong academic programs and high graduation rate
  • Diverse student body
  • Low median debt

Weaknesses

  • High tuition and low affordability score
  • Limited extracurricular activities and resources compared to some peer institutions

Academic Profile

SAT Average: 1440. ACT Midpoint: 31. Retention Rate: 92.3%.

Macalester College is renowned for its rigorous liberal arts curriculum, fostering critical thinking and global awareness. The college boasts strong departments across the humanities, social sciences, and natural sciences, with particular strengths in International Studies, Political Science, Economics, and Environmental Studies, reflecting its commitment to global citizenship. The student-faculty ratio is a favorable 10:1, ensuring small class sizes and ample opportunity for personalized attention from faculty. While specific faculty salary data isn't provided, the institution's selectivity and commitment to attracting top scholars suggest a high caliber of teaching and mentorship. Research opportunities are abundant, with many students engaging in faculty-led research projects, often culminating in presentations at the annual Undergraduate Research Symposium. The highly regarded Macalester-Grant-McKnight (MGM) Scholars Program provides significant research and academic support for students from underrepresented backgrounds. Macalester also has a robust study abroad program, with a vast array of options that encourage students to immerse themselves in different cultures and academic environments. Academic support is comprehensive, including the Center for Academic Excellence, which offers tutoring, writing support, and academic skills workshops, ensuring students have the resources to succeed in their demanding coursework.

Financial Aid Guide for Macalester College

Pell Grant recipients: 17.2%. Students taking federal loans: 35.6%.

Macalester College is committed to making its education accessible through a generous financial aid program, primarily focusing on need-based aid. The college meets 100% of demonstrated financial need for all admitted students, which is a significant commitment. Merit aid is not a primary focus, as the college prioritizes need-based assistance. For the 2023-2024 academic year, the total cost of attendance (tuition, fees, room, and board) was approximately $81,000. Typical need-based aid packages can vary widely based on family income and assets, but for families with incomes below $60,000, grants and scholarships often cover a substantial portion, sometimes exceeding 90% of the total cost. For middle-income families, aid packages are still robust, often including a mix of grants, scholarships, and work-study opportunities. Work-study is a common component, offering students the chance to earn money through on-campus employment, with typical earnings ranging from $2,000 to $4,000 per academic year. Scholarship tips include applying for external scholarships and highlighting any unique talents or experiences in your application. Negotiating financial aid at Macalester is generally not as common or effective as at some other institutions, as their philosophy is centered on meeting demonstrated need rather than engaging in bidding wars. Focus on presenting your financial situation accurately and comprehensively in your application.

Hidden Costs at Macalester College

  • Room and Board: While tuition is listed at $68,104, the comprehensive fee including room and board for the 2023-2024 academic year was approximately $17,000, bringing the total cost to around $85,104.
  • Student Activity Fee: A mandatory fee of approximately $300 per year supports student organizations, events, and campus programming.
  • Health Insurance: For students without comparable coverage, the college's health insurance plan costs around $3,000 annually.
  • Textbooks and Supplies: Budget an estimated $1,000 to $1,500 per year for books, software, and other academic materials.
  • Transportation: Depending on your living situation and travel needs, local transportation, flights home, or personal vehicle costs can add several hundred to a few thousand dollars annually.
  • Personal Expenses: Allow for approximately $1,500 to $2,500 per year for personal items, entertainment, and miscellaneous spending.
  • Lab/Course Fees: Some science courses or specialized programs may have additional lab or course fees, typically ranging from $50 to $200 per semester.

Alumni Outcomes & Career Paths

Macalester College graduates are well-positioned for diverse career paths, with a strong emphasis on fields like education, non-profit management, and increasingly, tech and finance. Major employers that actively recruit from Macalester include organizations like 3M, Target, Deloitte, and Ameriprise Financial, reflecting a strong presence in the Twin Cities metro area. Alumni also find significant opportunities in the education sector, with many pursuing careers in school districts across Minnesota and beyond, as well as in higher education administration. The non-profit sector is another major cluster, with graduates contributing to organizations such as the Greater Twin Cities United Way and various arts and cultural institutions. While specific graduate school placement rates fluctuate by program, Macalester consistently sees strong matriculation into top-tier graduate programs in law, public policy, and the humanities. Notable alumni include former U.S. Senator Paul Wellstone, journalist and author Ira Glass, and numerous leaders in business and academia. The college's career services are highly regarded, offering robust internship placement support and alumni networking events. Internship pipelines are particularly strong with local Twin Cities companies and non-profits, as well as through national programs. Geographic hiring patterns show a significant concentration of alumni in the Minneapolis-St. Paul metropolitan area, but also a notable presence in major coastal cities like New York, Chicago, and Washington D.C., particularly among those pursuing careers in finance, law, and policy.

Campus Life & Culture at Macalester College

Macalester attracts a diverse student body, with approximately 40% identifying as students of color and a significant percentage (around 15-20%) being international students, reflecting its strong global focus. Students come from across the U.S. and over 90 countries, creating a rich tapestry of perspectives. The student who thrives at Macalester is intellectually curious, socially conscious, and eager to engage with diverse viewpoints and global issues.

Macalester College cultivates a vibrant and engaged campus culture, often described as intellectually curious and socially conscious. Nestled in the Highland neighborhood of Saint Paul, the campus itself is a beautiful, walkable space with a mix of historic and modern architecture, centered around the iconic John D. Rockefeller Hall and the serene Leonard Center. Social life isn't dominated by Greek life, which is minimal here, but rather by a rich tapestry of student organizations. With over 100 clubs and organizations, students can dive into everything from the Macalester Political Union and the Sustainability Collective to a plethora of cultural groups and academic societies. The college strongly emphasizes community engagement, with many students participating in service-learning projects and volunteering in the Twin Cities. Housing is guaranteed for the first three years, with a mix of traditional dorms, suites, and apartment-style living, fostering a strong sense of community. The dining halls, primarily the Markim Dining Hall, offer diverse options, with a focus on local and sustainable sourcing. Athletics are Division III, offering a competitive outlet for students who want to play sports without the intense time commitment of higher divisions. The overall vibe is one of passionate individuals committed to making a difference, both on campus and in the wider world, creating an environment that is both academically rigorous and socially aware.

Campus Highlights

  • The International Center: A hub for global engagement, supporting study abroad, international students, and cross-cultural programming.
  • The Leonard Center: A state-of-the-art athletic and wellness facility that also serves as a central gathering space.
  • The Mac Weekly: The student-run newspaper with a long and influential history on campus.
  • The Scottish Tartan: Macalester's mascot and a nod to its Scottish heritage, evident in various campus traditions.
  • Community Engagement Programs: Numerous opportunities for students to connect with and serve the Twin Cities community.
  • The 'Great Decisions' Lecture Series: A long-standing tradition bringing prominent speakers to campus to discuss foreign policy and international affairs.
  • The Sustainability Office: Actively involved in promoting environmental awareness and practices across campus.

Location & Regional Advantages

Macalester College's location in Saint Paul, Minnesota, offers a unique blend of urban advantages and Midwestern charm. The Twin Cities (Minneapolis-St. Paul) boast a robust and diverse economy, providing a fertile ground for Macalester graduates. Major industries thriving in the region include healthcare (with giants like Allina Health and Fairview Health Services), technology (with companies like Medtronic and emerging startups), finance (Ameriprise Financial, U.S. Bank), and a significant presence of Fortune 500 companies such as 3M and Target. This proximity creates numerous internship and post-graduation employment opportunities without requiring immediate relocation. The cost of living in the Twin Cities is generally more affordable than in coastal hubs, making the median salary more impactful for graduates. Saint Paul itself offers a high quality of life, with a rich cultural scene, numerous parks, and a strong sense of community. While the winters are famously cold, the summers are pleasant, and the region is generally safe. The presence of other strong academic institutions in the area also fosters a vibrant intellectual environment. This location provides a solid foundation for students seeking careers in established industries and a lower cost of living while still having access to major urban amenities and a competitive job market.

How to Get Into Macalester College

Macalester College is a highly selective institution, so a strong and well-rounded application is crucial. While they do not have Early Decision or Early Action options, focusing on a robust Regular Decision application is key. Macalester values academic excellence, intellectual curiosity, and a demonstrated commitment to global citizenship and social responsibility. They look for students who will contribute meaningfully to their vibrant campus community. While specific GPA and test score ranges are not published due to their holistic review process, admitted students typically have strong academic records, often with GPAs in the A- to A range and competitive standardized test scores (though they are currently test-optional). Essays are a critical component; focus on showcasing your unique voice, intellectual passions, and how your experiences align with Macalester's values. Topics that explore your engagement with global issues, your desire to learn from diverse perspectives, or a significant intellectual challenge you've overcome tend to resonate. Demonstrated interest is considered, so engaging with the college through virtual or in-person information sessions, campus tours, and thoughtful communication with the admissions office can be beneficial. The application deadline for Regular Decision is typically in early January, with decisions released in late March.

How Macalester College Compares to Similar Schools

Similar schools: Carleton College, Grinnell College, Oberlin College, Wesleyan University

Advantages

  • Stronger regional employer connections in the Twin Cities metro area.
  • More affordable cost of living in the surrounding region compared to many East Coast peers.
  • Greater emphasis on practical application and career services support integrated with a liberal arts focus.

Disadvantages

  • Lower median earnings compared to some highly selective liberal arts colleges.
  • Less national brand recognition outside of the Midwest compared to some of its more established East Coast peers.

Best For

  • Students seeking a highly affordable education may want to consider other options.
  • Prospective students with strong financial aid packages or scholarships may find Macalester College to be an excellent fit.

Avoid If

  • Students who do not qualify for significant financial aid may struggle to afford the high tuition.
  • Those looking for a more diverse range of extracurricular activities and resources may find other institutions better suited to their needs.

Frequently Asked Questions about Macalester College

How much does it cost to attend Macalester College?

In-state tuition at Macalester College is $68,104 per year, and out-of-state tuition is $68,104 per year. The median student debt at graduation is $23,000.

What is the acceptance rate at Macalester College?

Macalester College has an acceptance rate of 28.5%.

What is the graduation rate at Macalester College?

Macalester College has a graduation rate of 88.6%.

How much do Macalester College graduates earn?

The median earnings for Macalester College graduates 10 years after enrollment is $63,878. With median debt of $23,000, graduates earn roughly 2.8x their debt level annually.

How big is Macalester College?

Macalester College has approximately 2,131 students and is classified as a medium institution. It is located in Saint Paul, MN and is a Private Nonprofit institution.

Is Macalester College worth the cost?

Macalester College has an ROI score of -77 out of 100. With in-state tuition of $68,104 per year and median post-graduation earnings of $63,878, the data suggests the return on investment may be below average.

Where is Macalester College located?

Macalester College is located in Saint Paul, MN. It is a Private Nonprofit institution with approximately 2,131 students.

How much student debt do Macalester College graduates have?

The median student debt for Macalester College graduates is $23,000. With median earnings of $63,878 ten years after enrollment, graduates can expect a debt-to-income ratio of 36%.

Is Macalester College a good college?

Macalester College has a graduation rate of 88.6% and median post-graduation earnings of $63,878. High graduation rate of 88.64%

How does Macalester College compare to similar colleges?

Median earnings of $63,878 after 10 years Compared to peer institutions, Macalester College offers a strong academic experience and promising career outcomes, but the high tuition and low affordability score make it less accessible for some students.

What career prospects do Macalester College graduates have?

Graduates of Macalester College are well-prepared for a variety of careers, particularly in fields such as social sciences, humanities, and public policy.

What should prospective students know about Macalester College?

Macalester College holds a strong position in the market, known for its academic rigor and diverse student body, but its high tuition and low affordability score may limit its appeal to some students.

What makes Macalester College stand out?

Diverse student body with 50.07% white students, 6.24% black students, 10.89% Hispanic students, and 7.93% Asian students

What are the pros and cons of attending Macalester College?

Low median debt of $23,000

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View on College Scorecard (Dept. of Education)

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