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Alma, MI · Private University

Is Alma College Worth It?

ROI analysis based on real earnings and cost data

Average ROIRanked #3338 of 3,472 schools by ROI

Key Numbers

10-Year Earnings

$54,742

median, 10 years after enrollment

In-State Tuition

$47,430

per year

Out-of-State Tuition

$47,430

per year

Total 4-Year Cost

$189,720

tuition only (4 years)

ROI Ratio

1.15x

earnings ÷ annual tuition

Payback Period

9.6 yrs

years to recoup total cost

Graduation Rate

63.7%

6-year graduation rate

Median Debt

$27,000

at graduation

Avg Net Price

$24,663

after aid & scholarships

Earnings vs. Annual Cost

10-year median earnings compared to annual tuition

Median Earnings (10yr)$54,742
Annual Tuition$47,430
National Median Earnings$45,000

Alma College graduates earn $9,742 more than the national median of workers with any education level.

What You'd Actually Pay

Average net price after grants and scholarships, by family income

Under $30,000$18,726/yr
$30,000 – $48,000$21,279/yr
$48,000 – $75,000$22,322/yr
$75,000 – $110,000$24,627/yr
Over $110,000$26,994/yr

Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.

Highest-Earning Majors

Top programs at Alma College ranked by graduate earnings

1
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$78,690

17 graduates

2
Health and Physical Education/Fitness.$58,303

16 graduates

3
Business Administration, Management and Operations.$50,424

24 graduates

4
Teacher Education and Professional Development, Specific Levels and Methods.$41,720

23 graduates

5
English Language and Literature, General.$24,280

16 graduates

Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.

ROI by Major at Alma College

All available majors ranked by graduate earnings. Your major matters as much as your school.

Your major matters more than your school

At Alma College, the gap between the highest-earning major (Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing: $78,690) and the lowest (English Language and Literature, General: $40,063) is $38,627/yr, bigger than the difference between many schools.

MajorEarningsROI
Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingBest ROI(1yr data)$78,6901.7x
Health and Physical Education/Fitness$58,3031.2x
Business Administration, Management and Operations$50,4241.1x
Teacher Education and Professional Development, Specific Levels and Methods$41,7200.9x
English Language and Literature, GeneralLowest$40,0630.8x

Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.

The Bottom Line

Alma College delivers returns in line with the national college average. Graduates earn $54,742 10 years after starting, $9,742 above the national median of $45,000. Graduates typically break even on their investment within 9.6 years, a reasonable timeline.

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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.