Albion College
Private College in Albion, MI. Six-year graduation rate 62%. Median 10-year earnings $58,799.
Students who entered Albion College land at a median of $58,799 a decade later, close to what most four-year schools deliver. The six-year graduation rate is 62%, meaning about two in five students who start do not finish. Median debt at graduation reaches $27,000, heavy enough to shape the years right after the degree.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Mobility score 0.7 — limited economic uplift documented
Admissions
81% of applicants get in, so the odds favor most reasonably prepared students. The applicant pool runs to 6,421, typical for a school of this reach. Only 7% of admitted students enroll — the great majority of admits go elsewhere or nowhere.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Albion College →Academics
62% graduate within six years — average, but that average still hides a large group who do not. Retention of 71% means a meaningful slice of each entering class does not return. The 11:1 student-faculty ratio is small enough that seminar-sized classes are the norm. This is a private nonprofit four-year college, so read every rate on this page against that peer group specifically. This is a small school — 1,354 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,348 degree- or certificate-seeking undergraduates
Students pay an average of $16,719 annually once grants are applied. The income table below is the number that matters — $10,036 at $0–30k versus $24,368 at $110k+. Most students get help: 100% receive grants worth $50,025 on average. Most students borrow — 64% take federal loans to cover the gap.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 363 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $10,036 |
| $30–48k | $9,772 |
| $48–75k | $12,085 |
| $75–110k | $16,656 |
| $110k+ | $24,368 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 862 of these 1,348 students, totalling $5,814,394 — an average of $6,745 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Calhoun County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Heightened Cash Monitoring (Financial Responsibility); School placed on Heightened Cash Monitoring
VA GI Bill Comparison Tool (Veterans Affairs GIDS)