The New School
Private Research University in New York, NY. Six-year graduation rate 69%. Median 10-year earnings $52,901.
Ten years after entry, the median The New School student earns $52,901 — a solidly middle-of-the-pack result for an undergraduate institution. 70% graduate within six years, so most students who start here finish here. Debt at graduation runs to a median of $22,266, neither a bargain nor a burden. Mobility is where this school separates itself: 2.9% of students move from the bottom income quintile to the top.
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
Admissions
An acceptance rate of 63% puts The New School on the accessible end — a realistic target for a broad range of applicants. The applicant pool runs to 9,828, typical for a school of this reach. Yield sits at 21% — the remainder of admitted students enroll elsewhere or not at all.
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 The New School →Academics
Six-year completion runs to 70% — students who start here overwhelmingly finish here. First-year retention of 85% shows the cohort holds together through the hardest year. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. A 14% transfer-out rate accounts for part of that gap: those students left for another institution rather than dropping out, and the graduation rate above counts them as non-completers here. The 9:1 student-faculty ratio is small enough that seminar-sized classes are the norm.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 6,819 degree- or certificate-seeking undergraduates
Average net price — what students actually pay after grant aid — is $67,224 a year, at the high end of undergraduate cost. Aid is steeply need-based: families in the $0–30k band pay $50,140 while those at $110k+ pay $64,738. 97% of students get grant aid averaging $19,395, so the published price is a poor guide to what most pay. About 25% borrow federally, roughly the national pattern.
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 · 1,430 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 | $50,140 |
| $30–48k | $52,812 |
| $48–75k | $56,494 |
| $75–110k | $59,894 |
| $110k+ | $64,738 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,711 of these 6,819 students, totalling $10,982,862 — an average of $6,419 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (New York County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)