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Private College

Wabash College

Private College in Crawfordsville, IN. Six-year graduation rate 77%. Median 10-year earnings $69,952.

Verdict Solid outcomes
Wabash College · Campus
Median earnings · 10 yr
$69,952
Median debt at grad
$27,000
Mobility score
1.7
% bottom→top quintile
Graduation rate
77%
Federal loan default
0%

Students who entered Wabash College reach a median of $69,952 ten years later, which puts this school in the upper band of undergraduate earnings outcomes. 77% graduate within six years, so most students who start here finish here. Graduates leave owing a median of $27,000 — a substantial load to service on these earnings.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • Graduation rate 77% — well above the national average
  • 3-year loan default 0.0% — below national benchmark
Red Flags

Admissions

Acceptance rate
63%
Applicants
2,199
Yield rate
18.4%

An acceptance rate of 63% puts Wabash College on the accessible end — a realistic target for a broad range of applicants. 2,199 students applied in the most recent cycle — a mid-sized pool drawn mostly from the surrounding region. Only 18% of admitted students enroll — the great majority of admits go elsewhere or nowhere. The score bands below cover the middle 50% of the enrolled students who submitted a score — not the whole class, and not a cutoff.

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 520–620 134 (52%)
SAT Math 540–650
ACT Composite 23–28 19 (7%)

IPEDS Admissions · 2024

Apply at Wabash College →

Academics

Full-time retention
93%
Transfer-out rate
17%
Student:faculty
9:1

Six-year completion runs to 77% — students who start here overwhelmingly finish here. 93% of full-time first-years return for a second year — a healthy figure. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. A 17% 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. A 9:1 ratio points to small classes and accessible faculty.

Financial Aid

Average net price
$25,562
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
99%
degree- or certificate-seeking undergraduates
% receiving federal loans
62%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 845 degree- or certificate-seeking undergraduates

Average net price after grant aid is $25,562 a year — mid-range for a four-year institution. The income table below is the number that matters — $16,586 at $0–30k versus $30,511 at $110k+. Most students get help: 99% receive grants worth $40,300 on average. Most students borrow — 62% 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.

% receiving grants
100%
Average grant
$39,605

IPEDS Student Financial Aid · 2023-24 · 229 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 $16,586
$30–48k $13,526
$48–75k $18,175
$75–110k $18,681
$110k+ $30,511

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 522 of these 845 students, totalling $3,348,216 — an average of $6,414 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Montgomery County) — budget these against any cost-of-attendance housing estimate.

Studio
$802/mo
1 bedroom
$807/mo
2 bedroom (whole unit)
$966/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
6
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Wabash College with peer institutions

How we evaluate Wabash College

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →