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Amherst College — ROI, Cost & Payback

Private nonprofit · Amherst, MA · 1,911 students

The verdict

Amherst College charges a net price of $23,367/yr after aid — a 4-year total of $93,468. Graduates earn a median $77,644 ten years after entry, $29,284/yr above the $48,360 high-school baseline, clearing the total in 3.2 years — a 20-year net return of $492,212, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

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Amherst College's 3.2-year payback ranks #196 of 1,280 US colleges we track — better ROI than 85% of them, and #15 of 85 in Massachusetts.

Better ROI than 85% of US colleges#196 of 1,280
Weakest ROIStrongest ROI
$23,367
Net price / yr
Scorecard, 2026
$77,644
Median earnings, 10 yrs
Scorecard, 2026
3.2 yrs
Payback
Our math, 2026
9%
Admission rate
Scorecard, 2026
Amherst College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$23,367/yrScorecard, 2026
Total net cost (4 yrs)$93,468our math
Median earnings, 10 yrs after entry$77,644Scorecard, 2026
Earnings premium over HS baseline$29,284/yrour math
Median debt (completers)$13,740Scorecard, 2026
Payback3.2 yrsour math
20-year net return$492,212our math

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

The arithmetic, on Amherst College's own numbers. Net price $23,367 × 4 years = $93,468 total. Median earnings $77,644 − the $48,360 high-school baseline = $29,284 a year of premium. $93,468 ÷ $29,284 = 3.2 years to break even; twenty years of that premium minus the cost leaves $492,212. 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 Amherst College students graduate with?

A median $13,740 in federal loans among completers, or 18% of the $77,644 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Amherst College students graduate?

94% finish their degree. Spread the $93,468 bill across that completion rate and the cohort pays $99,434 per graduate produced — our math, and the figure a payback number never shows.

Is Amherst College expensive compared with other Massachusetts colleges?

Its $23,367 net price runs $1,516 below the $24,883 median across the 85 Massachusetts colleges we profile, and $6,064 less across the full degree.

Amherst College: frequently asked questions

Is Amherst College worth the cost?
On the numbers, yes. Amherst College charges $23,367/yr after aid ($93,468 over 4 years), and graduates earn a median $77,644 ten years out — $29,284/yr above the $48,360 high-school baseline. That clears the cost in 3.2 years and returns $492,212 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a Amherst College degree take to pay off?
About 3.2 years. We divide the $93,468 four-year net cost by the $29,284/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 Amherst College cost after financial aid?
The median net price is $23,367/yr — about $93,468 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Amherst College compare to other Massachusetts colleges?
It ranks #15 of 85 Massachusetts colleges we track by payback. Its $77,644 median earnings beat the national median of $43,549, and its $23,367 net price is above the national median of $16,902.