CollegeTuitionData — College Data in Plain English

Peirce College

Philadelphia, PA 19103-5443 — Private Nonprofit

Value Score: 60/100 | ROI Score: -16 | Affordability Score: 90/100

Tuition (In-State): $15,060 | Out-of-State: $15,060

Graduation Rate: 6.3%

Median Earnings (10yr): $50,660 | Median Debt: $31,250

Student Body Size: 799 (small)

Pell Grant Recipients: 52.8% | Federal Loan Rate: 62.2%

Average Faculty Salary: $7,911/month

Tuition & Affordability Analysis

In-state tuition at Peirce College is $15,060 per year, which is 62% below the national average for private institutions.

Out-of-state students pay $15,060/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: $60,240 (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 Peirce College:

  • Families earning $48,001–$75,000: $13,686/year
  • Families earning $75,001–$110,000: $10,610/year

Graduate Outcomes & Return on Investment

6.3% of students at Peirce College complete their degree, 90% below the national average. This low graduation rate is a significant concern that prospective students should weigh carefully.

Graduates of Peirce College earn a median salary of $50,660 ten years after enrollment, 24% above the national average. This represents a $15,660/year earnings premium over the average high school diploma holder, or $469,800 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $31,250, 45% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $339/month, with a total repayment of $40,680 (including $9,430 in interest).

Debt-to-Earnings Ratio: 0.62x. This is a healthy ratio, suggesting debt is manageable for most graduates.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Peirce College pays for itself in approximately 4 years. This is an excellent return on investment.

Financial Aid Profile

52.8% of students at Peirce College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 60% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.

62.2% of students take federal loans, 32% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Average faculty salary: $7,911/month, 9% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Peirce College enrolls 799 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 68/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 22%, Hispanic 13%, Black 51%, Asian 3%.

Peirce College: Small Private Institution with High Tuition and Debt

Report Card: Overall Grade C-

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

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

College Analysis

Peirce College is a Private Nonprofit institution in Philadelphia, PA with approximately 799 students. Academics: Peirce College has a low graduation rate, indicating potential challenges in academic success. Value: The college offers a relatively affordable education with a high affordability score, but the median debt is still significant. Outcomes: Graduates have a median earning potential of $50,660 after 10 years, which is below the national average.

The Verdict: Is Peirce College Worth It?

Peirce College presents a complex value proposition. With an in-state and out-of-state tuition of $15,060 and a median debt of $31,250, the financial commitment is significant. The median earnings after 10 years stand at $50,660, resulting in a negative ROI score of -16. This indicates that, on average, graduates are not recouping their investment in terms of earnings within a typical timeframe compared to their debt burden. The low graduation rate of 6.3% also raises concerns about student success and program completion. While the cost of tuition is moderate compared to some private institutions, the earnings potential and debt levels suggest that a degree from Peirce College may not be a financially optimal choice for many students without careful consideration of specific program outcomes and career paths. The debt payoff timeline, based on these figures, could extend well beyond the typical 10-year median earnings period. Therefore, Peirce College is not a clear 'good deal' and appears to be overpriced relative to its average alumni financial outcomes. A direct recommendation is difficult without knowing individual program ROI, but prospective students should approach with caution and thoroughly research specific career outcomes for their intended major.

Return on Investment

While the degree is worth the cost due to the high affordability score, the low graduation rate and high debt may pose challenges.

Debt Reality Check

Median student debt at Peirce College: $31,250. Monthly payment on a standard 10-year plan: $355/month. Total repaid: $42,600 ($11,350 in interest).

Breakeven vs high school diploma: 1.5 years. Debt burden: Manageable. Salary needed for comfortable repayment: $42,600.

Strengths

  • Affordable tuition and high affordability score.
  • High median earnings after 10 years.

Weaknesses

  • Low graduation rate.
  • High median debt.

Academic Profile

Peirce College distinguishes itself through a strong commitment to career-focused education, offering programs designed to equip students with the practical skills and knowledge needed to succeed in today's competitive job market. While specific departmental strengths are best explored through program-specific details, the college generally excels in areas that align with the demands of the Philadelphia workforce, often including business, information technology, and legal studies. The curriculum is designed with the working adult learner in mind, emphasizing flexibility and real-world application.

Faculty at Peirce are typically experienced professionals and academics who bring a wealth of practical knowledge into the classroom. While specific faculty salary data isn't publicly available, the college's commitment to hiring qualified instructors suggests a dedication to academic quality. The student-faculty ratio, though not explicitly stated, is likely to be relatively low given the college's size, allowing for more personalized attention and interaction between students and instructors. This intimate academic environment is conducive to mentorship and tailored guidance.

Research opportunities at Peirce are often integrated into coursework, with projects and assignments designed to solve real-world problems relevant to students' professional lives. While extensive independent research labs might not be a hallmark, the focus is on applied learning. Peirce offers various academic support resources to ensure student success. These include tutoring services, academic advising, career services, and writing support, all aimed at helping students navigate their academic journey and achieve their educational and career goals. The college's emphasis on career services is particularly noteworthy, as it works closely with students to prepare them for internships and job placements upon graduation. Honors programs may be available for high-achieving students, offering enriched academic experiences and opportunities for advanced study.

Financial Aid Guide for Peirce College

Pell Grant recipients: 52.8%. Students taking federal loans: 62.2%.

Navigating financial aid at Peirce College is a practical process designed to make its career-focused education accessible, particularly for its target audience of working adults and aspiring professionals. Peirce offers a range of financial aid options, including federal grants, state grants, institutional aid, and federal student loans. The college's commitment to affordability is evident in its tuition structure, which is the same for in-state and out-of-state students at $15,060 annually.

For students demonstrating financial need, Pell Grants and state grants can significantly reduce the out-of-pocket cost. While specific Pell Grant Rate data isn't provided, it's a crucial federal aid source for low-income students. Peirce also offers institutional aid, which can include merit-based scholarships and need-based grants. These are often awarded based on academic achievement, program of study, and financial need. Prospective students are strongly encouraged to complete the FAFSA (Free Application for Federal Student Aid) as early as possible, as this is the primary form used to determine eligibility for most federal and state aid, as well as institutional need-based awards.

Work-study programs are also available, providing part-time employment opportunities for students with financial need, allowing them to earn money to help pay for educational expenses. Typical aid packages can vary widely depending on individual circumstances, but for students with significant financial need, grants and scholarships could cover a substantial portion of tuition. For example, a student receiving the maximum Pell Grant (around $7,395 for 2023-2024) and a comparable institutional grant could see their tuition burden reduced considerably.

Scholarship tips include researching any specific scholarships offered by Peirce, often detailed on their financial aid website, and applying for external scholarships from community organizations, professional associations, and private foundations. While Peirce is generally a pragmatic institution, negotiating financial aid is typically less common than at larger, more research-intensive universities. However, if a student has a significant change in financial circumstances or a compelling reason, contacting the financial aid office to discuss options is always advisable. The median debt for graduates is $31,250, which suggests that while loans are a common component of aid packages, the college aims to keep debt manageable relative to potential earnings.

Hidden Costs at Peirce College

  • Textbooks and course materials can range from $800 to $1,500 per academic year, depending on the program and specific course requirements.
  • Technology fees, often charged per semester, can add approximately $100 to $300 annually to the cost of attendance.
  • Transportation costs, especially for commuters using public transit or personal vehicles, can amount to $500 to $2,000 per year, depending on distance and mode of travel.
  • Student activity fees, though typically modest, may add $50 to $150 per year for participation in clubs and campus events.
  • Professional development and certification exam fees, particularly for programs in IT or business, could range from $200 to $1,000 or more over the course of study.
  • Potential costs for software licenses or specialized equipment required for certain technology or design programs can add $100 to $500.
  • Graduation fees, usually assessed in the final year, can range from $100 to $300.

Alumni Outcomes & Career Paths

Peirce College, a private nonprofit institution in Philadelphia, PA, focuses on career-oriented education, aiming to equip its 799 students for immediate workforce entry. While specific data on major employers actively recruiting from Peirce is not publicly detailed, its curriculum often aligns with sectors prevalent in the Philadelphia metropolitan area. Graduates are likely to find opportunities in fields such as business administration, accounting, IT, and legal studies, reflecting the strong presence of these industries in the region. Major employers in Philadelphia include large healthcare systems like Penn Medicine and Jefferson Health, financial institutions such as Vanguard and Lincoln Financial Group, and numerous professional services firms. Alumni may also find roles in government agencies and non-profit organizations within the city.

Information regarding graduate school placement rates is not readily available, suggesting that the primary focus for Peirce graduates is direct employment. The college emphasizes career services, offering support in resume building, interview preparation, and job searching. Internship pipelines are crucial for Peirce, with many programs likely incorporating or facilitating internships with local businesses. Given its urban setting, geographic hiring patterns for Peirce alumni tend to be concentrated within the Greater Philadelphia area, including surrounding counties in Pennsylvania and New Jersey. While specific notable alumni are not widely publicized, the college's mission suggests a network of graduates contributing to the local economy in various professional capacities.

Campus Life & Culture at Peirce College

Peirce College serves a diverse student body primarily composed of adult learners, working professionals, and individuals seeking to advance their careers. The student population is largely local to the Philadelphia metropolitan area, with a strong representation of individuals balancing education with work and family responsibilities. Students who thrive at Peirce are typically self-motivated, goal-oriented, and appreciate a practical, career-centric educational approach.

Peirce College, nestled in the heart of Philadelphia, offers a unique urban campus experience that's deeply integrated with the city itself. As a private, nonprofit institution with a student body of around 800, Peirce fosters a close-knit community where students often know each other and faculty on a personal level. The campus doesn't have traditional dormitories; instead, students are typically local residents who commute, making the surrounding Philadelphia neighborhoods their home base. This means campus life revolves around academic pursuits and professional development, with social interactions often occurring in academic settings, study groups, or through student organizations.

While large-scale social events and a traditional Greek life system aren't central to the Peirce experience, the college offers various avenues for engagement. Student clubs and organizations cater to diverse interests, from professional associations related to specific majors to cultural and social groups. These provide excellent opportunities to connect with peers who share similar academic or personal passions. The college actively encourages participation in these groups as a way to build community and develop leadership skills.

Given its urban setting, students often take advantage of Philadelphia's rich cultural landscape for entertainment and social activities. Museums, historical sites, restaurants, and entertainment venues are all within easy reach, offering a dynamic backdrop to student life. Dining options are primarily off-campus, with numerous eateries and cafes surrounding the college, providing a wide array of choices to suit any taste or budget. Athletics are not a primary focus at Peirce, aligning with its mission to serve adult learners and working professionals seeking career advancement. The overall vibe at Peirce is one of focused ambition, practicality, and a strong sense of community built around shared educational goals and the pursuit of career success within a vibrant metropolitan environment.

Campus Highlights

  • Urban Campus Integration: Located in the heart of Philadelphia, offering direct access to city resources, internships, and cultural experiences.
  • Career-Focused Curriculum: Programs are designed with direct input from industry professionals to ensure graduates possess in-demand skills.
  • Flexible Learning Options: Multiple class schedules, including evening and online courses, cater to working adults and busy schedules.
  • Personalized Support Services: Strong emphasis on academic advising, career counseling, and student support tailored to adult learners.
  • Experienced Faculty: Instructors are often industry practitioners, bringing real-world expertise into the classroom.
  • Strong Alumni Network: A dedicated network of graduates provides mentorship and career opportunities within the Philadelphia region.
  • Affordable Tuition: Consistent tuition rates for all students, making planning and budgeting more straightforward.

Location & Regional Advantages

Peirce College's location in the heart of Philadelphia, PA, offers significant geographic advantages for its students. Philadelphia boasts a robust and diverse job market, particularly strong in healthcare, finance, education, and professional services. Major employers like Penn Medicine, Jefferson Health, Comcast, and Aramark provide a substantial pool of potential internship and post-graduation employment opportunities for Peirce graduates. The city's cost of living, while higher than many suburban or rural areas, is generally more affordable than other major East Coast hubs like New York City or Boston, making the median debt of $31,250 potentially more manageable.

Philadelphia is also a hub for various industries, including a growing tech scene and a well-established legal and business community, aligning well with Peirce's program offerings. The quality of life in Philadelphia is high, with a rich cultural scene, numerous historical sites, diverse culinary options, and a strong sense of community. While weather is typical of the Mid-Atlantic region, with four distinct seasons, the city is generally considered safe, especially in the areas where students are likely to live and study. Proximity to other major metropolitan areas like New York City and Washington D.C. via Amtrak also expands career networking and job search possibilities beyond the immediate Philadelphia region, offering a broader scope for career advancement.

How to Get Into Peirce College

Applying to Peirce College is a straightforward process, reflecting its mission to serve adult learners and those seeking career advancement. The college generally has an open admission policy for many of its undergraduate programs, meaning the focus is less on highly selective admissions criteria and more on ensuring students are prepared for college-level work and have clear career goals. While specific GPA or test score ranges are not emphasized due to the absence of SAT/ACT requirements, a strong high school record or equivalent (like GED) is beneficial.

Admissions counselors at Peirce value a student's motivation, life experience, and clear articulation of their career aspirations. The application essay, if required, should focus on why Peirce is the right choice for their professional development and how their past experiences have prepared them for this next step. Demonstrating interest is important; this can be shown by attending an information session, scheduling a campus visit (even if virtual), or speaking directly with an admissions counselor.

Peirce College does not typically offer Early Decision (ED) or Early Action (EA) options in the traditional sense, as the admissions timeline is often more flexible to accommodate working professionals. The application deadline is usually rolling, meaning applications are reviewed as they are received, allowing students to apply throughout the year. However, it's always advisable to apply well in advance of the intended start date to allow ample time for financial aid processing and course registration. Focus on highlighting relevant work experience, transferable skills, and a clear vision for how a Peirce education will help achieve specific career outcomes. The admissions team is there to guide applicants through the process, making it a supportive experience.

How Peirce College Compares to Similar Schools

Similar schools: Drexel University, Temple University, La Salle University, University of Pennsylvania (for specific professional programs)

Advantages

  • Potentially more focused career services tailored to adult learners and career changers.
  • Smaller class sizes and more personalized attention due to lower overall enrollment.
  • Strong emphasis on practical, career-ready skills, often with flexible scheduling options.

Disadvantages

  • Significantly lower overall institutional reputation and brand recognition compared to larger, more established universities.
  • Limited research opportunities and fewer extensive alumni networks.
  • Lower graduation rates suggest potential challenges in student retention and support systems.

Best For

  • Students seeking a high graduation rate and lower student debt.
  • Prospective students interested in a career with a median salary of $50,660 after 10 years.

Avoid If

  • Students looking for a high graduation rate and lower student debt should consider other options.
  • Prospective students seeking a higher median salary after 10 years might want to explore other institutions.

Frequently Asked Questions about Peirce College

How much does it cost to attend Peirce College?

In-state tuition at Peirce College is $15,060 per year, and out-of-state tuition is $15,060 per year. The median student debt at graduation is $31,250.

What is the graduation rate at Peirce College?

Peirce College has a graduation rate of 6.3%.

How much do Peirce College graduates earn?

The median earnings for Peirce College graduates 10 years after enrollment is $50,660. With median debt of $31,250, graduates earn roughly 1.6x their debt level annually.

How big is Peirce College?

Peirce College has approximately 799 students and is classified as a small institution. It is located in Philadelphia, PA and is a Private Nonprofit institution.

Is Peirce College worth the cost?

Peirce College has an ROI score of -16 out of 100. With in-state tuition of $15,060 per year and median post-graduation earnings of $50,660, the data suggests the return on investment may be below average.

Where is Peirce College located?

Peirce College is located in Philadelphia, PA. It is a Private Nonprofit institution with approximately 799 students.

How much student debt do Peirce College graduates have?

The median student debt for Peirce College graduates is $31,250. With median earnings of $50,660 ten years after enrollment, graduates can expect a debt-to-income ratio of 62%.

Is Peirce College a good college?

Peirce College has a graduation rate of 6.3% and median post-graduation earnings of $50,660. Low graduation rate of 6.25%.

How does Peirce College compare to similar colleges?

High median debt of $31,250. Compared to peer institutions, Peirce College offers a more affordable education but has a lower graduation rate and higher student debt.

What career prospects do Peirce College graduates have?

Graduates of Peirce College can expect to enter the workforce with a median salary of $50,660 after 10 years.

What should prospective students know about Peirce College?

Peirce College is positioned in the market as a cost-effective option for students, despite its lower graduation rates and higher debt.

What makes Peirce College stand out?

Affordability score of 90, indicating relatively low cost compared to peers.

What are the pros and cons of attending Peirce College?

Median earnings of $50,660 after 10 years.

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