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Albion College — ROI, Cost & Payback

Private nonprofit · Albion, MI · 1,300 students

The verdict

Albion College charges a net price of $14,301/yr after aid — a 4-year total of $57,204. Graduates earn a median $58,799 ten years after entry, $10,439/yr above the $48,360 high-school baseline, clearing the total in 5.5 years — a 20-year net return of $151,576, a solid payback. (Scorecard, 2026 · our math.)

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Albion College's 5.5-year payback ranks #473 of 1,280 US colleges we track — better ROI than 63% of them, and #11 of 85 in Michigan.

Better ROI than 63% of US colleges#473 of 1,280
Weakest ROIStrongest ROI
$14,301
Net price / yr
Scorecard, 2026
$58,799
Median earnings, 10 yrs
Scorecard, 2026
5.5 yrs
Payback
Our math, 2026
81%
Admission rate
Scorecard, 2026
Albion College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$14,301/yrScorecard, 2026
Total net cost (4 yrs)$57,204our math
Median earnings, 10 yrs after entry$58,799Scorecard, 2026
Earnings premium over HS baseline$10,439/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback5.5 yrsour math
20-year net return$151,576our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Albion College's own numbers. Net price $14,301 × 4 years = $57,204 total. Median earnings $58,799 − the $48,360 high-school baseline = $10,439 a year of premium. $57,204 ÷ $10,439 = 5.5 years to break even; twenty years of that premium minus the cost leaves $151,576. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Albion College students graduate with?

A median $27,000 in federal loans among completers, or 46% of the $58,799 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Albion College students graduate?

62% finish their degree — 38% leave carrying the cost without the credential. Spread the $57,204 bill across that completion rate and the cohort pays $92,265 per graduate produced — our math, and the figure a payback number never shows.

Is Albion College expensive compared with other Michigan colleges?

Its $14,301 net price runs $0 above the $14,301 median across the 85 Michigan colleges we profile, or $0 more across the full degree.

Albion College: frequently asked questions

Is Albion College worth the cost?
On the numbers, yes. Albion College charges $14,301/yr after aid ($57,204 over 4 years), and graduates earn a median $58,799 ten years out — $10,439/yr above the $48,360 high-school baseline. That clears the cost in 5.5 years and returns $151,576 net over 20 years, a solid payback.
How long does a Albion College degree take to pay off?
About 5.5 years. We divide the $57,204 four-year net cost by the $10,439/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Albion College cost after financial aid?
The median net price is $14,301/yr — about $57,204 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Albion College compare to other Michigan colleges?
It ranks #11 of 85 Michigan colleges we track by payback. Its $58,799 median earnings beat the national median of $43,549, and its $14,301 net price is below the national median of $16,902.