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Syracuse University

Syracuse, NY 13244 — Private Nonprofit

Value Score: 75/100 | ROI Score: -70 | Affordability Score: 35/100

Tuition (In-State): $65,528 | Out-of-State: $65,528

Acceptance Rate: 45.9% | Graduation Rate: 82.5% | Retention Rate: 90.1%

Median Earnings (10yr): $79,164 | Median Debt: $26,000

SAT Average: 1375 | ACT Midpoint: 30

Student Body Size: 15,477 (large)

Pell Grant Recipients: 17.1% | Federal Loan Rate: 32.4%

Average Faculty Salary: $13,189/month

Tuition & Affordability Analysis

In-state tuition at Syracuse University is $65,528 per year, which is 66% above the national average for private institutions.

Out-of-state students pay $65,528/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: $262,112 (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 Syracuse University:

  • Families earning $0–$30,000: $15,817/year
  • Families earning $30,001–$48,000: $15,845/year
  • Families earning $48,001–$75,000: $21,132/year
  • Families earning $75,001–$110,000: $28,780/year
  • Families earning $110,000+: $55,401/year

Low-income families receive an average discount of $49,711/year, paying just 24% of the sticker price.

Admissions Snapshot

Syracuse University has an acceptance rate of 45.9%, placing it in the Selective (35–50%) category. This means roughly 8,426 students apply each year.

The average SAT score of admitted students is 1375, 30% above the national average. This reflects a strong academic student body.

The ACT midpoint is 30, 43% above the national average.

Graduate Outcomes & Return on Investment

82.5% of students at Syracuse University complete their degree, 33% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.

First-year retention rate: 90.1% (11% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.

Graduates of Syracuse University earn a median salary of $79,164 ten years after enrollment, 94% above the national average. This represents a $44,164/year earnings premium over the average high school diploma holder, or $1,324,920 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $26,000, 21% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $282/month, with a total repayment of $33,840 (including $7,840 in interest).

Debt-to-Earnings Ratio: 0.33x. 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 Syracuse University pays for itself in approximately 6 years. This is a reasonable investment timeline.

Financial Aid Profile

17.1% of students at Syracuse University 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.

32.4% of students take federal loans, 31% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.

Average faculty salary: $13,189/month, 51% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Syracuse University enrolls 15,477 undergraduate students. As a major university, Syracuse University offers extensive resources, hundreds of student organizations, Division I athletics, and a vast alumni network.

Diversity Index: 65/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 57%, Hispanic 12%, Black 8%, Asian 7%.

Syracuse University: Strong Academic Environment with High Tuition and Competitive Earnings

Report Card: Overall Grade C-

Syracuse University receives an overall grade of C- based on six dimensions:

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

College Analysis

Syracuse University is a Private Nonprofit institution in Syracuse, NY with approximately 15,477 students. Syracuse University offers a strong academic environment with a high graduation rate and robust earnings potential. The university provides a diverse student body with a significant percentage of Asian and Hispanic students. Syracuse University has a high tuition rate but offers competitive earnings after graduation. The university's median earnings 10 years post-graduation are above the national average.

The Verdict: Is Syracuse University Worth It?

Syracuse University's value proposition is complex, largely due to its high sticker price. With an out-of-state tuition of $65,528 and a median 10-year earnings of $79,164, the initial financial outlay is substantial. The median debt of $26,000 is manageable, but the ROI score of -70 suggests a significant gap between cost and early-career earnings. A direct comparison shows that it takes approximately 3-4 years of post-graduation earnings, assuming a significant portion goes towards debt repayment and living expenses, to recoup the initial investment in tuition alone, not accounting for living costs. While the university offers strong programs and a valuable alumni network, particularly in fields like communications and business, the high cost makes it a financially challenging proposition for many. It's not an outright bad deal, but it's certainly overpriced for the average graduate when viewed purely through a financial lens. Students who secure substantial scholarships or pursue high-earning fields like investment banking or tech might find better returns, but for many, the financial burden outweighs the immediate economic benefits. Recommendation: Consider Syracuse carefully, prioritizing merit-based aid and exploring majors with demonstrably higher earning potential. For those seeking a strong return on investment, other institutions might offer a more favorable financial outcome.

Return on Investment

While the degree from Syracuse University is valuable, the high tuition rate and significant student debt may not make it the best ROI for all students.

Debt Reality Check

Median student debt at Syracuse University: $26,000. Monthly payment on a standard 10-year plan: $295/month. Total repaid: $35,400 ($9,400 in interest).

Breakeven vs high school diploma: 0.5 years. Debt burden: Low. Salary needed for comfortable repayment: $35,400.

Strengths

  • Strong academic programs and high graduation rate
  • High earning potential for graduates
  • Diverse student body

Weaknesses

  • High tuition rate
  • Significant student debt upon graduation

Academic Profile

SAT Average: 1375. ACT Midpoint: 30. Retention Rate: 90.1%.

Syracuse University is renowned for its strong programs, particularly in communications, architecture, and business. The S.I. Newhouse School of Public Communications is a powerhouse, consistently ranked among the top journalism and media schools nationally, offering unparalleled opportunities for hands-on experience through its student media outlets and industry connections. The School of Architecture is equally distinguished, providing a rigorous design education. The Martin J. Whitman School of Management is another highly regarded school, offering specialized programs in entrepreneurship, finance, and marketing. Beyond these flagship schools, Syracuse offers robust programs in political science, international relations, and the performing arts. With a student-faculty ratio of approximately 15:1, students can expect relatively small class sizes, especially in upper-level courses, fostering closer interaction with faculty. While specific faculty salary data isn't readily available, the university's commitment to research is evident through its designation as a research university (R1). Opportunities for undergraduate research are plentiful, particularly through programs like the OUR (Office of Undergraduate Research) and departmental initiatives. The Renée Crown Honors Program provides a challenging academic environment for high-achieving students, offering enriched coursework and research opportunities. Syracuse also has a strong tradition of study abroad, with numerous programs worldwide, encouraging students to gain a global perspective. Academic support is comprehensive, including tutoring services, writing centers, and dedicated advisors within each school and college.

Financial Aid Guide for Syracuse University

Pell Grant recipients: 17.1%. Students taking federal loans: 32.4%.

Navigating financial aid at Syracuse University requires understanding its commitment to both merit-based and need-based aid. As a private institution with a sticker price of $65,528 for tuition, room, and board, Syracuse offers substantial financial assistance. Merit scholarships are a significant component, awarded automatically based on academic achievement (GPA, course rigor, and sometimes standardized test scores, though these are currently optional). These can range from a few thousand dollars to covering a substantial portion of tuition. Need-based aid is also crucial. Syracuse aims to meet a significant portion of demonstrated need through a combination of grants, scholarships, federal loans, and work-study. For families with an Expected Family Contribution (EFC) of $0-$20,000, aid packages often include a mix of grants and scholarships that can significantly reduce the out-of-pocket cost. For families with higher incomes, merit aid becomes more prominent, but need-based grants are still available. Work-study opportunities are common, providing students with part-time jobs on campus or in the local community. Syracuse is generally considered to be moderately negotiable on financial aid, especially if you have competing offers from similarly ranked institutions. It's crucial to submit the FAFSA and CSS Profile by their respective deadlines (typically early January for FAFSA, and November for CSS Profile for Early Decision applicants) to maximize your aid eligibility. Scholarship tips include applying for departmental scholarships and external scholarships, as these can supplement the university's offer.

Hidden Costs at Syracuse University

  • Room and Board: While tuition is listed, the comprehensive fee often includes room and board, but specific meal plans and room types can add $1,000-$3,000+ per year beyond the base rate.
  • Textbooks and Supplies: Expect to spend $800-$1,200 annually on textbooks, course materials, and supplies.
  • Transportation: Depending on your housing location and travel needs, local transportation or trips home can cost $300-$1,000+ per academic year.
  • Personal Expenses: Budget an additional $1,000-$2,000 per year for toiletries, laundry, entertainment, and other personal items.
  • Technology Fees: While not always itemized, technology-related fees are often embedded in the comprehensive tuition, but specific software or hardware upgrades could be an additional cost.
  • Health Insurance: If you do not have adequate health insurance, Syracuse's student health insurance plan can cost upwards of $3,000-$4,000 annually.
  • Parking Permits: For students who bring cars to campus, parking permits can range from $200-$600 per academic year, depending on the lot.

Alumni Outcomes & Career Paths

Syracuse University graduates enter a diverse job market, with strong representation in fields like marketing, communications, finance, and technology. Major employers actively recruiting on campus include companies such as PwC, Deloitte, EY, and KPMG for finance and consulting roles. In the media and communications sector, NBCUniversal, ESPN, and ViacomCBS are significant destinations for Syracuse alumni, leveraging the university's renowned S.I. Newhouse School of Public Communications. Tech giants like Google, Amazon, and Microsoft also hire Syracuse graduates, particularly those from the College of Engineering and Computer Science. The university boasts a robust internship pipeline, with students securing placements at organizations like the National Football League (NFL), Madison Square Garden Company, and various New York City-based financial institutions. Graduate school placement is also strong, with alumni attending top-tier programs in law, business, and medicine. Notable alumni include media mogul Bob Iger (former CEO of The Walt Disney Company), actor and comedian Jerry Stiller, and numerous influential figures in journalism and politics. Syracuse's career services are generally well-regarded, offering extensive networking events, career fairs, and personalized counseling, which aids in navigating the competitive job landscape. Geographic hiring patterns show a significant concentration of alumni in the Northeast, particularly in New York City, Boston, and Philadelphia, but also a growing presence in major hubs like Los Angeles (especially for entertainment careers) and Chicago.

Campus Life & Culture at Syracuse University

Syracuse attracts a diverse student body, with a significant percentage coming from out-of-state and international locations, contributing to a broad geographic mix. Students who thrive here are typically ambitious, engaged, and resilient, comfortable with a fast-paced environment and the realities of a snowy climate. The university fosters a community of learners who are eager to explore diverse academic interests and extracurricular pursuits.

Syracuse University, nestled in the vibrant city of Syracuse, NY, offers a dynamic campus experience that blends urban energy with a strong sense of community. The 'Orange' spirit is palpable, especially on game days when the Carrier Dome (soon to be the JMA Wireless Dome) erupts with energy for football and basketball. Beyond athletics, student life is rich and varied. The university boasts over 300 student organizations, covering everything from the Syracuse University Debate Team and the student-run newspaper, The Daily Orange, to cultural clubs and academic societies. Greek life is a significant presence, with numerous fraternities and sororities offering social and leadership opportunities, though it's not the sole focus for many students. Housing options range from traditional residence halls in areas like Mount Olympus and Sadler Hall for underclassmen to apartment-style living and off-campus apartments in popular student neighborhoods like the Westcott neighborhood, known for its lively atmosphere and proximity to campus. Dining is diverse, with multiple dining halls offering a range of options, plus numerous cafes and eateries across campus. The general vibe is one of ambitious, engaged students who are often involved in multiple activities, balancing rigorous academics with a robust social calendar. Syracuse students are known for their resilience, often embracing the city's snowy reputation as part of the unique 'Syracuse experience.'

Campus Highlights

  • The iconic Carrier Dome (JMA Wireless Dome) hosting major sporting events and concerts.
  • The S.I. Newhouse School of Public Communications, a top-tier program with extensive industry connections.
  • The vibrant student-run newspaper, The Daily Orange, offering real-world journalism experience.
  • A strong emphasis on study abroad, with numerous global campuses and programs.
  • The 'Orange' spirit and strong sense of community, especially evident during athletic events.
  • The beautiful, hilly campus architecture and its integration with the city of Syracuse.
  • The renowned architecture and design programs, attracting talent from around the globe.

Location & Regional Advantages

Syracuse University's location in Syracuse, NY, presents a mixed bag of regional advantages. The city itself offers a relatively low cost of living compared to major East Coast hubs, making student life and post-graduation expenses more manageable. While Syracuse is not an immediate epicenter for a vast array of Fortune 500 companies, its proximity to New York City (a roughly 4.5-hour drive) and other significant markets like Boston and Philadelphia allows for accessible internships and job opportunities. The region has a solid presence in industries like advanced manufacturing, healthcare (with major employers like Upstate Medical University), and education, which can provide local career paths. The quality of life in Syracuse is characterized by a friendly atmosphere and access to outdoor recreation, though it may lack the cultural dynamism and extensive public transit of larger metropolises. The weather is a significant factor, with harsh winters being a notable aspect of the Syracuse experience. Safety is generally comparable to other mid-sized American cities. The primary geographic advantage lies in its affordability and its position as a strong academic institution within a state that has a robust economy, enabling graduates to leverage the Syracuse network to access opportunities in more distant, high-paying job markets.

How to Get Into Syracuse University

Gaining admission to Syracuse University, with its 45.9% acceptance rate, requires a strong academic profile and a demonstrated understanding of what the university values. Syracuse offers Early Decision (ED) and Early Action (EA) options. ED is binding and often provides a slight admissions advantage, signaling strong commitment. EA is non-binding and allows you to receive a decision earlier. The admissions committee looks for well-rounded students who demonstrate academic excellence, intellectual curiosity, and a commitment to contributing to the campus community. A strong GPA, particularly in challenging coursework (AP, IB, honors), is crucial. While SAT/ACT scores are optional, submitting strong scores can bolster an application if they are within the typical range for admitted students. The essay is a key opportunity to showcase your personality, voice, and fit with Syracuse; focus on experiences that highlight your growth, resilience, or unique perspectives. Demonstrated interest is important; engage with Syracuse by attending virtual or in-person information sessions, connecting with admissions counselors, and visiting campus if possible. The timeline is critical: ED/EA deadlines are typically November 1st/15th, and Regular Decision is usually January 1st. Ensure all application components are submitted well before these dates.

How Syracuse University Compares to Similar Schools

Similar schools: Boston University, Northeastern University, George Washington University, University of Miami

Advantages

  • Stronger alumni network in media/communications (Newhouse School)
  • More established internship pipelines in specific industries like sports and entertainment
  • Greater national brand recognition in certain fields

Disadvantages

  • Higher sticker price compared to some public university peers
  • Less emphasis on co-op/experiential learning compared to schools like Northeastern
  • Geographic location less central to major tech hubs

Best For

  • Prospective students with a strong financial background or those willing to take on significant debt.
  • Students seeking a more affordable option may find other institutions more suitable.

Avoid If

  • Students who are not prepared for a high-tuition environment and are looking for more affordable options.
  • Students who do not value the high earning potential and career readiness of graduates.

Frequently Asked Questions about Syracuse University

How much does it cost to attend Syracuse University?

In-state tuition at Syracuse University is $65,528 per year, and out-of-state tuition is $65,528 per year. The median student debt at graduation is $26,000.

What is the acceptance rate at Syracuse University?

Syracuse University has an acceptance rate of 45.9%.

What is the graduation rate at Syracuse University?

Syracuse University has a graduation rate of 82.5%.

How much do Syracuse University graduates earn?

The median earnings for Syracuse University graduates 10 years after enrollment is $79,164. With median debt of $26,000, graduates earn roughly 3.0x their debt level annually.

How big is Syracuse University?

Syracuse University has approximately 15,477 students and is classified as a large institution. It is located in Syracuse, NY and is a Private Nonprofit institution.

Is Syracuse University worth the cost?

Syracuse University has an ROI score of -70 out of 100. With in-state tuition of $65,528 per year and median post-graduation earnings of $79,164, the data suggests the return on investment may be below average.

Where is Syracuse University located?

Syracuse University is located in Syracuse, NY. It is a Private Nonprofit institution with approximately 15,477 students.

How much student debt do Syracuse University graduates have?

The median student debt for Syracuse University graduates is $26,000. With median earnings of $79,164 ten years after enrollment, graduates can expect a debt-to-income ratio of 33%.

Is Syracuse University a good college?

Syracuse University has a graduation rate of 82.5% and median post-graduation earnings of $79,164. High graduation rate of 82.47%

How does Syracuse University compare to similar colleges?

Median earnings 10 years post-graduation of $79,164 Compared to peer institutions, Syracuse University offers a strong academic environment and high earnings potential, but the high tuition rate may be a concern.

What career prospects do Syracuse University graduates have?

Graduates from Syracuse University are well-positioned for careers in various fields, with high earning potential.

What should prospective students know about Syracuse University?

Syracuse University holds a strong position in the market, offering a balance of academic rigor and career readiness.

What makes Syracuse University stand out?

Significant Asian and Hispanic student populations

What are the pros and cons of attending Syracuse University?

Tuition rate of $65,528 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.